More and more projects are taking a decision to migrate to Binance Chain. Such popularity positively influences the price of BNB.
After Binance launched its native blockchain network and decentralized exchange, investors rushed to buy a massive amount of Binance Coin (BNB) tokens.
On April 23, Binance Coin is set to be activated on Binance Chain. After that, users are encouraged to migrate their balances to the new network.
In the latest Tweet, Binance hints at launching its native blockchain network, Binance Chain, today, April 18th. This, together with the announcement of company’s DEX exchange (which is likely to be made asap), pushed Binance Coin price past $20 level.
Chinese cryptocurrency exchange Gate.io has managed to raise $64 million for its new cryptocurrency called Gatechain Token that is expected to be launched in the fourth quarter.
On Tuesday, Bitcoin price jumped nearly 20% in just under an hour registering massive recovery after heavy consolidation. Along with Bitcoin, altcoins too have joined the bull show.
Binance today announced the next project on Binance Launchpad – Matic Network (MATIC). The MATIC token sale will follow a new lottery format, using the new rules previously announced by Binance.
According to Weiss Ratings, EOS, XRP, and Bitcoin will probably succeed this year, despite the fact that some have given up on cryptos because of price declines.
With a view to ensuring data security and compliance across its global operations, Binance is going to implement stronger KYC and AML regulations.
OKEx plans to catch up with Binance by scheduling the launch of its in-house decentralized exchange, DEX, for this June. The DEX will run entirely on OKEx’s own blockchain.