• Market Cap: $266b

  • May 17, 2024

Binance Cryptocurrency Exchange Finally Registers a Bank Account in Malta

In a recent interview, Binance CEO Changpeng Zhao revealed that Binance has finally set up a bank account in Malta - a significant development for the company.

Binance Invests in Blockchain Sports Platform chiliZ

Binance and chiliZ will work hand-in-hand to engage with the sports industry and develop a fan-driven token ecosystem for traditional sports teams.

OKEx CEO Steps Down to Join Huobi as VP of Business Development

Chris Lee, CEO of OKEx and the CFO of it’s parent company OkCoin stepped down from his positions to join Huobi as the VP of International Business Development

Bermuda Aims to Become the New Blockchain Hub

Bermuda government is working on establishing blockchain and cryptocurrency firms in the island.

Binance CEO Backs ICOs, Calls Them 100-Times Easier Than Traditional VC Fundings

Binance CEO Changpeng Zhao recently stated in a blog post: "raising money through ICOs is about 100 times easier than through traditional VCs, if not more." 

Binance Signs MoU Promising $15 Million Investment in Bermuda

Binance has just signed a MoU with the government of Bermuda, promising to invest $15 Million in the nation, to invest in startups as well as education.

Binance Is Now More Profitable Than Deutsche Bank - Germany's Biggest Bank!

Deutsche Bank posting a Net profit of $146 million in Q1 2018 saw it beaten by profits of crypto exchange Binance which stood at $200 million

Binance being Sued by Venture Capital Firm Sequoia Capital over Failed Financing Deal

Binance founder Zhao Changpeng is being sued by venture capital firm Sequoia Capital for allegedly violating an exclusivity agreement.

Will Malta Become World’s Blockchain Capital?

Following Binance, its competitor OKEx which is currently based in Hong Kong, has made a similar announcement to expand its operations in Malta.

Fake News Busted: Binance Will Not Be Adding USD Trading Pairs

All reports of Binance introducing USD Trading pairs are false, a spokesperson for Binance clarified on Twitter. No current plans to introduce fiat trading!