Both Ambit Finance and Binance Labs will work together on launching future DeFi apps with a focus on innovation, security, and risk control.
Binance’s Proof-of-Reserve system comes with a Merkle Tress solution for users to check whether Binance has included their accounts in the snapshot of user balances.
However, Binance’s new initiative hasn’t shown any positive impact on the crypto space yet.
Drawing on his Chinese origins, CZ has had to combat the wrong notion that the trading platform has any ties to the Chinese government.
The Binance chief said that they are willing to allocate more to the recovery fund if required. He added that different industry players can also contribute as they wish.
Leading crypto exchange Binance has announced the Hooked Protocol (HOOK) on its Launchpad with sales beginning soon.
Binance.US recently hired Krishna Juvvadi as head of the legal department, who was also Uber’s chief regulatory counsel and first regulatory attorney.
With more assets moving into Binance, market sentiments may suggest that investors believe Binance to be safe.
The alleged lack of transparency from Binance in the investigation is poised to influence upcoming UK crypto regulations.
Binance is also looking at acquiring the Genesis Trading loan book, which may come off as a major relief to the company’s parent firm, Digital Currency Group (DCG).
The inaugural CR7 NFT collection features seven animated statues with four rarity levels. Each of the statues portrays iconic moments in Ronaldo’s life and career.
In a bid to rescue FTX customers who may be left out in the dark, Binance CEO has set out a fund to help promising projects undergoing a liquidity crisis.
Binance wants to help crypto firms currently facing liquidity crisis.
Leading exchange Binance recently announced that users can now make payments for crypto using a debit/credit card.
Earlier, CZ threatened that Binance would liquidate all the FTT tokens in its book.