Archive for the ‘Binance’ Category

Binance Blockchain Week Brings the Best of Web3 to Istanbul – PR Newswire

Binance's flagship event will bring together the industry's leading innovators, policymakers, thought leaders, entrepreneurs, cultural icons, and blockchain enthusiasts for "The Next Billion: Empowering the Future of Web3"

ISTANBUL, July 13, 2023 /PRNewswire/ -- Binance is excited to announce that its flagship Binance Blockchain Week conference is coming to Istanbul, Turkey on November 8 and 9, 2023. Binance Blockchain Week brings innovative leaders and conversations together to further the development and adoption of blockchain and Web3. The event will focus on the future of Web3, including how blockchain and crypto can empower the next billion people to improve their everyday lives.

The conference will feature over 100 prominent leaders, innovators and influencers as speakers across two stages. People will engage in valuable conversations around Web3 and the latest industry innovations, trends and issues evoking ideas, facilitating development, making connections, and finding solutions to challenges.

More than 2,000 people are expected to attend from all over the world, with millions more tuning in to the event virtually through Binance Live's stream. A wide range of topics and discussions will be explored, including how to empower new blockchain users and participants, as well as the ways to establish a cooperative future between traditional and decentralized finance. The conference will also host immersive exhibitions and workshops on building businesses, bootstrapping, and creating successful projects on the blockchain.

"We look forward to hosting the global community and innovators at Binance Blockchain Week. Our objective is to continue building the Web3 and blockchain industry together, expanding on its potential to improve financial equity and positively impact society overall," said Yi He, Co-Founder and Chief Marketing Officer at Binance.

"Turkey is a strong backbone of the global crypto ecosystem. On top of having one of the highest crypto adoption rates globally, Turkey is also where traditional finance embraces the future of blockchain. It's a dynamic destination for attendees to learn more about blockchain and be part of the new era of finance as we gather in a leading region of innovation to build for the future of the industry together," added Yi.

Join Binance for a vibrant conference exploring how blockchain and crypto can empower the next billion people worldwide. Tickets are on sale now, with early bird specials available for those who are fast.

The upcoming event in Istanbul follows the incredible successes of Binance Blockchain Week in Dubai and Paris last year. Follow Binance for more information and updates on the event. For sponsorship and partnership opportunities, please reach out to the events teamat [emailprotected]binance.com.

About Binance.com

Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by trading volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com

SOURCE Binance

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Binance Blockchain Week Brings the Best of Web3 to Istanbul - PR Newswire

Will the US Govt Cause Bitcoin Price Volatility Post ‘Binance Move’? – Watcher Guru

According to crypto security-focused firm PeckShieldAlert, the US Government has moved 9.8K Bitcoin (BTC) worth $324 million into multiple wallets. According to the firm, the coins were moved from wallets connected to government law enforcement seizures.

Out of the total amount moved, 7.76k BTC was distributed among 98 addresses, with each receiving 79.2 BTC. However, PeckShield noted that two addresses have transferred their holdings, worth $4.86 million in total, to Binance.

#PeckShieldAlert ~9.8k $BTC (~$32.4M) from wallets associated with US Government law enforcement seizures were moved ~7.76k BTC has been distributed among 98 addresses, with each address receiving 79.2 $BTC, 2 of them have transferred ~158.4 BTC (~$4.86M) to #Binance ~279.9 BTC pic.twitter.com/1D7WkRrlgJ

Although it is unclear if the Bitcoins (BTC) are from one seizure or many, it should be noted that PeckShieldAlert has used Silk Road as a hashtag. Silk Road was a darknet marketplace for illicit goods and activities, which is now defunct. In November 2022, the US Department of Justice seized $3.36 billion worth of BTC connected to the Silk Road. Therefore, it is possible that the current movement of coins is related to the ones which were seized last year.

Also Read: How much Bitcoin does the U.S. Government Hold?

At the moment, the reason behind the movement is unknown. It is possible that the government is organizing its seized digital assets into various wallets based on different cases.

However, it is important to note that two of the addresses have moved their holdings to Binance. This opens up the possibility that they may be sold and re-enter the market. If the assets are sold, it could lead to a volatile price swing for BTC. Moreover, this could also mean that the remaining BTC, which is now in hard wallets, could also re-enter the market.

Although the picture is not clear as to why government-seized Bitcoins are moving into different wallets, many have pointed out that the flow of BTC into Binance is surprising, given that another government agency, the SEC, is suing the exchange.

The move is ironic given that the Justice Department and the US SEC are under the same Constitution. While one is suing Binance for the alleged sale of unregistered securities, another is using it for potentially selling or storing assets.

The US government is a mess. Suing an exchange while using it

Nonetheless, the US government has not yet made any announcements about its Bitcoin (BTC) transfer. If they are indeed trying to sell the BTC, it would not be the first time they have carried out similar activity. In March 2023, the government sold $215 million worth of Bitcoin (BTC) connected to the Silk Road seizure. Moreover, they expressed plans to sell a total of $1.18 billion worth of BTC over time.

Also Read: US Government to Sell 41,500 Bitcoin ($1.18 Billion) Connected to Silk Road

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Will the US Govt Cause Bitcoin Price Volatility Post 'Binance Move'? - Watcher Guru

How to Stitch Together +300k Followers on Threads: Have Binance … – Crypto Briefing

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Threads, the newly minted social media app integrated with Instagram, has caught the attention of numerous brands competing for a fast-growing user base. Among these brands, Binance, the industrys top cryptocurrency exchange, has quickly risen to popularity, marking a milestone of rapid follower growth of 327,000, at the time of writing, and high engagement within the first days of being on the platform.

Binances strategy diverges from the mainstream. Rather than relying heavily on promotional content, the company has opted for a more genuine and entertaining approach. This strategy not only appeals to the core crypto-enthusiast audience but could also pique the interest of a more varied crowd, expanding the reach beyond the conventional support of the industry.

Alex Aves, head of social at Binance.com, told Crypto Briefing:

Our approach to marketing on Threads will be dictated by two main things how the platform evolves over time, and the messages we want to deliver. The first step of our strategy will always be to meet users where they are and talk in their language.

The future of Threads may still be uncertain, but the platforms swift user growth and the growing demand for alternatives to platforms like Twitter hint at its potential. Binance appears to recognize this potential, seeing Threads as an additional avenue to engage with a broader audience, with Aves stating hat

The strategy seems to be paying off, with Binance soon to witness a follower count of 300,000, leaving its competitors like Crypto.com with 80,900 followers and KuCoin with 12,700 followers far behind.

Binances Aves views it asbuilding the ecosystem, not building our business.

Its no secret that Binance has been in the news lately due to its regulatory issues in Europeand Australia, as well as its lawsuit against the SEC and all-around crypto FUD, or fear, uncertainty and doubt.

These instances alone can cast doubt on the industry, keeping newcomers away from the industry and weakening the overall ethos of decentralization as a whole. This is where crypto and Threads meet A new space with fresh users, interesting ideas and a way to separate what could be damaging to the reason why crypto was created in the first place:

We look at Threads like our other social platforms places where we can increase awareness and education about the industry, which is especially important during bear markets and periods of industry FUD.

Despite Binances Threads account gaining a lot of popularity, it still continues to serve its 10 million followers on Twitter. The company is poised to maintain a strong presence on Threads, Twitter and its other socials, constantly aiming to reach and engage with a diverse group of users.

As Threads carves out its place in the social media landscape, Binances success story serves as a beacon for other brands navigating new social media platforms:

We arent prioritizing promotions. Were aiming to be authentic, have fun and product good content that will engage our growing audience.

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How to Stitch Together +300k Followers on Threads: Have Binance ... - Crypto Briefing

Dubai’s crackdown on BitOasis spells bad news for Binance – Protos

Dubais crypto regulator is cracking down on BitOasis, a major crypto exchange for Middle Eastern customers, for failing to meet required conditions. As the UAE sets a precedent for increased scrutiny, hopes of gaining a license look dim for troubled crypto exchange Binance.

Founded in Dubai in 2016, BitOasis was the first to receive Dubais minimum viable product operational license in May. It allowed the firm to offer broker-dealer crypto services to qualified retail and institutional investors from its Dubai HQ under VARAs regulatory regime, according to a BitOasis statement.

However, Dubais Virtual Assets Regulatory Authority (VARA) issued a market alert on Monday stating that BitOasis was under review. It didnt specify how the firm hadnt met mandated conditions, but BitOasis now has to satisfy the regulators demands within 30-60 day timeframes before it can conduct market activity in Dubai.

If BitOasis fails to comply, the firm could risk losing its license, VARA warned. A BitOasis spokesperson said its working closely with the regulator to ensure this doesnt happen.

Read more: Scoop: Major crypto arbitrage fund says Binance US discounts arent worth risk

VARAs crackdown comes amid the UAEs increased efforts to attract crypto business to the region. It decided to regulate the crypto industry at the end of 2022.

Crypto firms like Binance are eyeing the country as the next hub for their operations. Binance chief Changpeng Zhao reportedly lives in Dubai the firm submitted an application to register in the region. However, VARA requested more information into Binances ownership structure, governance, and auditing procedures at the start of April.

With BitOasis under scrutiny, Binances hopes of receiving a license in Dubai becomes less likely after all, the firm is in hot water with regulators across the US, EU, and Australia.

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Dubai's crackdown on BitOasis spells bad news for Binance - Protos

TradingView and Binance extends integration to spot trading – FinanceFeeds

Binances spot trading is now integrated with professional charting and trading platform, TradingView, enabling users to perform technical and fundamental analysis, as well as trade through charts without leaving the site.

TradingView and Binance, the largest cryptocurrency exchange in the world, have announced the expansion of their partnership to include spot trading. This comes after the successful introduction of Binance Futures on the TradingView platform in 2022.

Binance announced the integration in a blog post on Thursday, highlighting that it allows users to manage their trades efficiently and learn new strategies with an active community. The influential exchange, known for its impressive market presence, boasts a daily spot trading volume of around $20 billion and offers over 1,400 spot pairs for trading. They can access additional features by simply connecting to the platform using theirBinance accounts.

In 2022, we were excited to introduce Binance Futures to TradingView users and provide access to the largest derivatives cryptocurrency exchange in the world. Today, our partnership has evolved further, and we are officially expanding our integration with Spot trading. All you need to do is go to Binance profile, click Trade, connect your Binance account to the TradingView platform and leap to trading, the statement reads.

TradingView users, who are also Binance customers, are able to trade USD-Margined futures perpetual and delivery contracts directly within TradingViews browser and desktop apps.

With this integration, users with a Binance account will be able to log in and trade a whopping 350 tokens directly through TradingView charts. This impressive range includes renowned cryptocurrencies like Bitcoin and Ethereum, as well as intriguing alternative tokens such as ApeCoin and Chiliz.

According to theweb-based charting provider, registered users can simply scroll down to see the list of available broker partners. Then, they can search to find Binance icon, type in their exchange credentials, and start experiencing new opportunities, the company explains.

The alliance could boost interest inBinances offering after it was forced to wind down its futures and derivatives product in many countries amid a growing crackdown by regulators. The influential exchange has come under increasing regulatory scrutiny in the US, Europe and Asia amid concerns about compliance and protection for investors.

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TradingView and Binance extends integration to spot trading - FinanceFeeds