Cryptocurrency exchange platform Binance launched its P2P trading facility for trading cryptocurrencies against the Chinese Yuan. This way, the company is opening a kind of a “safe space” for Chinese traders who want to trade cryptos.
Binance has made an official announcement that an XRP/BNB trading pair is now open on its decentralized platform Binance DEX and available for trading.
After Bitcoin futures on the ICE Bakkt platform surged by almost 800% in a day, reports emerged that it is seeking to jump ahead of the CME group to release a Bitcoin options contract.
Digital payment arm of Chinese e-commerce giant Alibaba, Alipay, takes an anti-cryptocurrency stance and bans all Bitcoin and cryptocurrency transactions on its platform.
Binance US platform plans to extend its crypto listing by including both Chainlink (LINK) and Ravencoin (RVN) tokens which are currently gaining a lot of popularity in the market.
In recent news, Binance has confirmed the support of WeChat and Alipay as their new fiat-to-crypto gateway. That way, with the help of Binance, the citizens of China now will be able to purchase Bitcoin.
Crypto exchange Binance continues its development spree by announcing a new P2P trading facility making BTC, ETH, and USDT available against the Chinese Yuan.
Ripple CEO Brad Garlinghouse said that Libra would not get off the ground for at least three years. He thinks regulatory scrutiny over Facebook’s crypto project is due to the social media giant’s privacy debacle last year.
Binance decided to re-create XRP on its own blockchain – Binance Chain, and pegged it to several cryptocurrency pairs on Binance DEX.
Coinbase announced the launch of USDC Rewards program, under which eligible US customers will be able to earn 1.25% APY rewards on every USD Coin they hold on the exchange.
IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. The company views the transaction as pivotal for the sector.
Research and analysis reveal that Tether could be the world’s most used cryptocurrency for months now because its daily and monthly trading volumes surpass those of Bitcoin by far.
Band Protocol, Sequoia-backed data management company, has launched the mainnet of its decentralized trading app BitSwing. The dapp serves as a brokerage for Ethereum-denominated binary options.
The rocky operation of crypto firms could soon end after Coinbase fronted seven firms to help other companies avoid security violation.
In recent news, Thomas Lee, the co-founder of Fundstrat, tweeted a reminder to all the crypto enthusiasts and traders that the majority of Bitcoin gains come from the rule of 10 best days.