About a week ago, it became apparent Binance was in the process of issuing its own stablecoin. While not too much was known about the project at that time, it seems a lot of things have changed in a short amount of time. Some of the initial remarks are no longer valid, albeit there is still a lot of information missing at this time. The GBP Currency has a Name When Binance first announced its stablecoin plan, it became apparent the company was looking into an asset pegged to the British Pound Sterling. A bit of an unusual decision, primarily
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On April 24, Gifto announced that it’s moving house from Ethereum to Binance Chain. In doing so, it joins half a dozen other projects that have recently committed to the most talked about new blockchain in town. Blockchain migration can occur for a number of reasons, but beyond providing an instant shot of publicity, does […]
The ongoing success of Binance and its associated BNB token has attracted a lot of attention. For those who are able to look past the hype and glamour, it would seem some genuine concerns are being raised regarding Binance Coin. With the “blockchain” launching in a few days, the lack of full node open source code has many people wondering what the current plan is. Moreover, one has to wonder if BNB would effectively violate Binance’s own semi-official coin listing policy. The Binance Coin Concerns Seem Genuine As is always the case in the cryptocurrency industry, there will be people 
In recent news pertaining to cryptocurrencies, a Chinese court has rejected an appeal from a trader disputing a previous decision that mandated he repay the value of 5 BTC accidentally credited to his Coinnice account, the CEO of Binance has demonstrated the company’s upcoming decentralized exchange (DEX), and Okex’s head of operations has discussed the […]
Following major declines in global trading volume, cryptocurrency exchanges across the board have seen significant losses since the start of 2018. Coincidentally, the corresponding exchange tokens have also suffered. However, Binance Coin (BNB) looks poised to contend this trend with great reception to a recent major announcement. Earlier today, the Binance team published an article regarding a new, major innovation they are working towards: Binance Chain. Binance Chain represents the leading altcoin exchange’s approach to cost and scalability issues, as well as a viable upgrade to help maintain the exchange’s edge over competitors. What is Binance Chain? Binance Chain will