Binance Invests Undisclosed Sum in Crypto Derivatives Platform FTX

Crypto exchange colossus Binance has invested an undisclosed amount of money in derivatives platform FTX as part of a strategic partnership between the two firms. As part of the deal announced Thursday, Binance has purchased equity in the derivatives firm and purchased long positions in the FTX Token, FTT, the platform’s native coin.  “The investment […]

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Tron Investors Need to Worry About Binance’s TRX Death-Grip

Binance appears to be using its TRX stockpile to vote for itself as a TRON Super Representative and then scoop up the majority of the TRON block rewards. The TRONSCAN website reveals the No.1 TRON Super Representative (SR) to be Binance’s recently launched staking address. After launching mere days ago, the Binance address has already […]

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Binance to Add Fiat-to-Crypto OTC Trading in a Month, Co-Founder Says

Crypto exchange Binance is planning to add over-the-counter (OTC) trading to its platform in a month to provide users with fiat currency gateways. Binance’s co-founder and chief marketing officer He Yi said at a media session on Tuesday during the Shanghai Blockchain Week that the exchange will specifically support fiat on-ramp via OTC for Chinese […]

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