Tag Archives: Binance

Binance Announcement, Binance Pool ETHW mining will be possible

Announced support for the new ETHW token on Binance Pool. Binance Exchange is a big move to support ETHW. The tweet on EHW’s official account also announced the news. Miners can now mine ETHW through Binance pool. But the continuation of the article is important because ETHW is not listed on Binance at the moment.

Important information:
He added ETHW to Binance Pool and made a statement on the subject. On the Binance Pool Platform, it does not list ETHW. Currently, the exchange only supports ETHW mining on Binance Pool. It does not support ETHW deposits either. Users who manage to mine ETHW on Binance can only convert their earnings to BUSD or USDT. For this reason, you do not have a chance to save what you have mined as ETHW on Binance.

But we are sure that the miners will be very happy if Binance makes a new announcement and announces that it has listed ETHW in the future.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance Global Advisory Board Established. Is the regulation preparing?

Binance has started to innovate on the regulation and compliance process. Binance announced the establishment of the Global Advisory Board (GAB). The goal of the Global Advisory Board is to cooperate with regulatory bodies. GAB consists of distinguished experts in corporate governance, finance, economics and public policy.

The creation of the institution can be interpreted as a major step forward in Binance’s efforts to support the sustainable development of blockchain technology. The Global Advisory Board is chaired by former US Senator and Chinese Ambassador Max Baucus.

The institution met recently in France. Expressing his pleasure to be a part of GAB, Baucus said: ” Technologies that will add a new dimension to the global economy include cryptocurrencies, blockchain and Web3. These technologies are at the forefront of the most exciting and promising developments. It is a great honor for me to contribute to the establishment of the Binance Global Advisory Board. Our goal is to resolve the complex issues we face within the law and offer new recommendations.”


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance Announces Hack and Security

Binance recently warned its users of security issues and hacking attacks. For a while, Binance has reported that it is trying to capture users’ information via fake SMS sent to its users and that attention should be paid.

Scammers targeting Binance users are sending SMS’s to Bianance users and other crypto holders saying that there is a withdrawal request from an unknown IP address, which they are advised to cancel. Be careful if you receive SMS like this.

Incoming SMS Message contents are briefly as follows; It contains a link in the SMS content that directs a withdrawal cancellation request that users are prompted to click on. The link in the SMS leads to the scammers’ tailor-made phishing website to steal your information and e-wallet information. Even if you click on this link by mistake, close the fake web page without filling out the information.

Binance CEO’ for such situations, “Don’t click! Write the address,” he says. Do not click on a shortcut, bookmark or link anywhere else while entering the Binance page. He said, “Always log in to the platform by typing the Binance address URL”.

With this method, scammers had previously stolen user information on many platforms, stealing users’ cryptos.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance Web 3.0 Invests in some Coins and prices soar

Binance Labs has started to turn to several blockchains focusing on decentralized finance (DeFi), Web 3.0 coin projects, and cross-chain capabilities. News of Binanace investing in Web 3.0 coin projects, Web 3.0 coin project started to rise.

Binance venture capital (VC) Binance Labs has announced that it will contribute to the Oasis Foundation’s $200 million ecosystem development fund. This news means that he wants to support developing projects on Blockchain networks.

Binance Labs is joining other leading VC firms to support the Oasis Network (ROSE), an alternative smart contract platform considering a competitor to Ethereum. In addition to Binance Labs, other notable VC firms supporting the ecosystem development fund include Hashed, Jump Capital, Dragonfly Capital, and Draper Dragon. After the news was published, the altcoin price rose more than 25% on a daily basis.

ROSE price chart for the last 24 hours / Source: CoinMarketCap

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance CEO Changpeng Zhao Announces Forecasts

Binance CEO Changpeng Zhao wrote his predictions for altcoins in Fortune India. He said that the newcomer 2022 will be better than 2021 and he expects a huge increase in cryptocurrency adoption.

Binance CEO Changpeng Zhao said Cryptocurrencies have achieved a massive expansion in 2021. Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and Shiba Inu also rose significantly and attracted a lot of attention. And he said he believes the general adoption of cryptocurrencies is in full swing.

Decentralized finance (DeFi) and GameFi are currently only the tip of the iceberg, as major tech firms and corporate companies enter the crypto space. CZ also said that he is optimistic that global crypto usage will grow from 5% to 20% by 2022. DeFi had a big boom in 2021 and we will most likely witness GameFi and SocialFi seeing high interest and innovation in 2022, he said.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance and MDI Ventures Forms Consortium To Grow Blockchain Ecosystem In Indonesia

Binance and MDI Ventures formed a consortium to expand the blockchain ecosystem in Indonesia. The consortium has collectively developed the largest digital and financial technology ecosystems in Indonesia, providing access to more than 170 million consumers in the world’s fourth most populous country.

MDI and Binance CEOs made a statement for the consortium established in Indonesia. Changpeng, Founder and CEO of Binance, said: “Our goal at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is an important step in that direction. With rapid technology adoption and strong economic potential, we are the leader of the blockchain and crypto ecosystem within Indonesia.” “We are excited to name MDI as the latest partner in the region. With their depth of experience in the market, we are confident that we will deliver leading products for users locally.”

MDI Ventures: US$830+ million multi-stage venture capital arm of Indonesia’s largest telecommunications company and is the country’s largest technology investment firm.

Source: Bianance


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

Binance prepares to apply for FCA approval to enter the market in the UK

Changpeng Zhao (Binance founder and CEO) announced that he is preparing to apply for approval from the FCA to offer its wide range of products in the UK. FCA said Binance was operating without permission in the UK and warned about it. It is seen that Binance has started to work on this issue.

Following the opening of the Financial Conduct Authority (FCA), Changpeng Zhao said in a statement that Binance has recruited “a number of ex-regulatory staff and several hundred compliance workers from the UK”. “We want to continue to have a presence in the UK and to serve UK users in a fully licensed and fully compliant manner,” he said.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

MBOX (MOBOX) price rises, backed by Binance

The MBOX (MOBOX) project, which has been operating an NFT-based gaming platform on the Binance network for a long time, has been the rising star of this week. MBOX (MOBOX) has now launched an NFT campaign.

What is MBOX (MOBOX) : NFT-based gaming platform on the Binance network. It entered the Bianance stock market in recent months. MBOX (MOBOX), which is also supported by Binance, normally offered services on its own domain, but this support was later integrated into the Binance application.

In addition, Binance has launched an Airdrop that will conclude next week and will distribute 5000 NFT characters to those who open a MBOX account. But due to the intensity, there is difficulty in accessing the MBOX campaign in the Binance application.

MBOX’s previous price was around $4. It started to rise with Binance support and campaign. It was 8$ as a province, then it increased to 15$. Currently, its price is around $10.2 The current market cap has grown to $1.2 billion, and 24-hour volume has also surpassed $3 billion.

Binance will burn tokens with Bruno upgrade

Binance will release the Bruno update and burn tokens with every transaction. Binance Smart Chain (BSC) Bruno v1.1.5 upgrade goes live today. The update also improves full node syncing, which Binance said was a challenge on Nov 17. On November 17, 2021, the network’s daily active addresses exceeded 2 million, with the number of transactions processed reaching an all-time high of 14 million within 24 hours.

As Binance states on its official website: “This hard fork will introduce a real-time write mechanism to BSC’s economic model to introduce a new Binance Coin (BNB) write process, accelerating full node synchronization by more than 60%.”


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.

New blockchain game coming in line with Binance NFT

We learned that a brand new blockchain game is coming on Binance NFT. NFT continues to enter our lives rapidly.

Using advanced blockchain technologies, digital genetics and location-based technologies, Krytomon takes the evolution of cryptocurrency games to the next step. It moves forward with the goal of bringing NFTs to life by taking the best of Pokemon, Tamagotchi and CryptoKitties. The Kryptomon is a one-of-a-kind digital creature connected to the NFT and produced with a unique genetic code. Because cryptomonies are living creatures, they need training and care to be nurtured, healed, and strengthened. As such, they take the NFT concept one step further.

Since its inception, Kryptomon has partnered with Binance NFT, the official NFT market of the world’s largest cryptocurrency exchange, to launch an exclusive sale of 2,000 Kryptomon eggs exclusively for Binance users. The Kryptomon team sees this collaboration as their first step on the world stage. He brought the project to the attention of both NFT players and collector communities.


Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility