Binance: $BNB The Future of Exchanges. - page 3.

Fixelifix

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"You will no longer be able to use your Binance Visa Debit Card from 20th December 2023

This email is to notify you that you will no longer be able to use your Binance Visa Debit Card from 20th December 2023 onwards.

This is because the Binance Visa Debit Card program, issued by UAB ”Finansinės paslaugos ,,Contis“, part of the Solaris Group, is closing in two months’ time."

Cry

mich

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Well now Binance is signing new partners for European deposits and withdrawals in fiat. This will make it easier for more users around the world to have better access to fiat channels.

I think this is a 'bullish' signal. https://www.binance.com/en/feed/post/1418808

mich

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Yesterday BNB launched the decentralized data storage network called BNB Greenfield. It offers fast uploads and downloads and strong privacy controls.

https://www.binance.com/en/feed/post/1388649

https://greenfield.bnbchain.org/en

mich

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Well there is some good news for the Binance exchange in battle with sec. The judge in the case has denied immediate access to Binance.US software that sec wanted.

The sec is making a claim that Binance in not being cooperative in the court case. https://www.crypto-news-flash.com/sec-faces-setback-binance-us-inspection-denied-by-magistrate-judge-after-gary-gensler-requests-court-ordered-doj-inspection-of-the-exchange/

mich

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Well again Binance exchange is doing a very good thing. And this time it is for the the victims of the magnitude 7 earthquake in Morocco.
Users with accounts in the Marrakech-Safi province will each get $100 worth of BNB. If they are outside this area they get $10 worth of BNB.
With the total amount being $3 Million of BNB tokens. https://cointelegraph.com/news/binance-3-million-bnb-aid-morocco-earthquake-victims

Wahyuihib

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Rexx

Quote from: RussianEnglishTranslation on September 08, 2023, 08:05:19 AM

Quote from: John_Muck on September 07, 2023, 01:40:54 PM

Not seeing much for the BNB token in the short-term besides continued bearishness to sideways movement.

Same, things aren't looking good for Binance.

Correct. frankly I do not follow this news. If this is true, of course this is a loss that is currently being experienced by Binance Mate. and as a large exchange of course this will give a less good impression to the user

RussianEnglishTranslation

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Quote from: John_Muck on September 07, 2023, 01:40:54 PM

Not seeing much for the BNB token in the short-term besides continued bearishness to sideways movement.

Same, things aren't looking good for Binance.

mich

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Well Binance exchange will reimburse its users over a price discrepancy on listed CYBER tokens. Binance will give back $1 Million USDT to the user that are affected by Korean cryptocurrency exchange Upbit.

https://www.investing.com/news/cryptocurrency-news/binance-to-reimburse-users-1m-for-cyber-earn-incident-3170192

John_Muck

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Not seeing much for the BNB token in the short-term besides continued bearishness to sideways movement.

Xxmodded

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Have news with BNB exactly their stable coins BUSD will remove? its true or not because last days I see with my Facebook friend list sharing with removing BUSD to other stable coins. Although Binance have many stable coins pair but looks bad impact actually for Binance exchange and their coin exchange BNB will drop drastically.
CZ need to give good news to make their member in positive mindset because many of them worry with Binance will follow FTX become collapse exchange in the future? many traders still active trading with Binance and they need positive respond from CZ to make them keep believing Binance is the best exchange and not impact yet with many bad news from SEC against with Binance.

mich

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Well there is some big news for Binance Japan. It has plans to triple the available assets on the exchange from 34 to 100.

It is also thinking about a Japanese Yen stable coin. https://dailycoin.com/binance-eyes-swift-extension-of-japan-edge-by-tripling-listed-assets/

aurora

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bnb gas fees are very stable . Im comparing to polygon lets say

jossiel

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Quote from: mich on August 14, 2023, 04:19:45 AM

Binance is investing $10 Million in to a Destablecoin called Helio Protocol. https://helio.money/
This money will be going towards making liquid staking more available on the protocol. Liquid staking means you stake tokens on a network, and then get another token that represents the same staked position.
https://www.cryptopolitan.com/binance-lab-invest-10-million-helio-protocol/

Binance keeps on investing into these projects that they like.

$10M ain't that much for a starter but it's already a good start and from there, we'll see if it's going to grow with them or they've just wasted that capital they've put on that project.

Well, I just wish that they won't go bankrupt by doing this strategy of investing their funds to a lot of projects. There's a standard for their choice for sure but I hope that they won't go wrong.

mich

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Binance is investing $10 Million in to a Destablecoin called Helio Protocol. https://helio.money/
This money will be going towards making liquid staking more available on the protocol. Liquid staking means you stake tokens on a network, and then get another token that represents the same staked position.
https://www.cryptopolitan.com/binance-lab-invest-10-million-helio-protocol/

mich

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This week CEO Changpeng Zhao announced at Tokyo conference Binance exchange will have a new platform in Japan in the next month. It was supposed to launch last month.

Other Binance executive said they could launch new Japanese stable coins. This news came after Binance bought Sakura Exchange Bitcoin this last year.

https://cryptonews.com/news/binances-new-platform-japan-provide-full-services-from-august.htm

mich

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Well I do think it took them longer then a lot of people wanted to. But now Binance exchange has now finalized Lightning Network, customers can deposit and withdraw using it for less fees.

https://www.securities.io/binance-completes-bitcoin-lightning-network-integration/

nimogsm

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Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

True even though binance has big problem with SEC i still believe on this coin and i believe binance can showing to SEC binance is innocent. Can't wait to see how big this exchange will be in the near future.

I am sure that this year all issues will be settled. Even under the condition that there are ongoing proceedings at the exchange, things are going well and no global problems have been found in the work. What can be said for sure that after all the proceedings, the exchange token will make a profit than many users and will take advantage of those who bought it earlier and at a more attractive price. I don’t think that the fight between binance and sec will last long.

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Quote from: fzkto on July 14, 2023, 10:05:57 AM

Quote from: blockman on July 14, 2023, 08:45:02 AM

Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

Can't wait to see how big this exchange will be in the near future.

Despite they're already big, they have to be cautious that most of the biggest exchanges in the past became obsolete.

I think that in the future Binance will suffer the same fate as the previous major exchanges. It's hard to say how and when it may happen, but if huge funds like blackrock come to this market, binance will not be able to compete with them. By the way, a possible option that sec has claims to binance is just the etf requests.

We don't know if that's going to happen. I've just been reminded that the most popular exchanges before can't even be remembered now. With SEC playing on them or it is them that's playing with the SEC, the fate of them really is unknown as of the moment. They may be popular as they can be for now but we don't know what's going to be the future. If they maintain their status for now then that's good for their business. But if they can't give what SEC is trying to ask on them and comply with some certain requirements, that's gonna keep on chasing them.

fzkto

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Quote from: blockman on July 14, 2023, 08:45:02 AM

Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

True even though binance has big problem with SEC i still believe on this coin and i believe binance can showing to SEC binance is innocent.

IMHO, they won't be chased by SEC if they've got no laws to violate or they comply with what they lack of. We don't know much about these issues as they're trying to play the victim or they're really chased by the SEC. But to say that they are innocent, that's far from reality. They know their own issues and they have got what it takes to be welcomed by SEC. Anyway, Binance itself and not the token (BNB) has been doing pretty well and they've been in here for quite a while.

Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

Can't wait to see how big this exchange will be in the near future.

Despite they're already big, they have to be cautious that most of the biggest exchanges in the past became obsolete.

I think that in the future Binance will suffer the same fate as the previous major exchanges. It's hard to say how and when it may happen, but if huge funds like blackrock come to this market, binance will not be able to compete with them. By the way, a possible option that sec has claims to binance is just the etf requests.

blockman

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Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

True even though binance has big problem with SEC i still believe on this coin and i believe binance can showing to SEC binance is innocent.

IMHO, they won't be chased by SEC if they've got no laws to violate or they comply with what they lack of. We don't know much about these issues as they're trying to play the victim or they're really chased by the SEC. But to say that they are innocent, that's far from reality. They know their own issues and they have got what it takes to be welcomed by SEC. Anyway, Binance itself and not the token (BNB) has been doing pretty well and they've been in here for quite a while.

Quote from: BaeSuzy on July 11, 2023, 08:49:56 AM

Can't wait to see how big this exchange will be in the near future.

Despite they're already big, they have to be cautious that most of the biggest exchanges in the past became obsolete.

Topic: Binance: $BNB The Future of Exchanges. - page 3. (Read 131419 times)