Author: BSCTimes

Binance CEO Changpeng Zhao filed a lawsuit against Bloomberg Hong Kong company ‘Modern Media CL’, claiming that there was defamation over his company on a translated Chinese article portraying Binance as a ‘Ponzi Scheme’. The article portrayed Binance as a massive ‘S**tcoin casino’ where in cryptocurrency terms, that means that Binance is listing projects with a high chance of being a scam or illegitimate projects. The Chinese edition ran its version of a June 23 Bloomberg article titled “Can Crypto’s Richest Man Stand the Cold?” but was published with the title “Zhao Changpeng’s Ponzi Scheme.” This is not the first time…

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Global cryptocurrency exchange Binance is sponsoring a scholarship program to enable students to develop their skills, knowledge, and experience without the financial barriers.  In addition to financial support, Binance will also provide opportunities for scholars to gain exposure to our Blockchain ecosystem, supporting their journey into continued education, training, or employment so they can power the next generation of ideas and talent. How To Apply? Firstly, eligibility is based on a per-institution basis. Interested participants will have to check the institution they wish to apply for and the fees incurred during the application process. If accepted, Binance will reimburse the…

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Binance NFT Marketplace is launching the “Alan Walker Origins” NFT collection. Alan Olav Walker or most known as ‘Alan Walker’ is a British-born Norwegian DJ, Grammy winner, YouTuber, and record producer primarily known for the critically acclaimed single “Faded” (2015), which was certified platinum in 14 countries. The ‘Alan Walker Origins’ NFT Collection The NFT collection will feature three music videos from the ‘Origins’ album. Each NFT will contain an 8-second video segment from one of the three upcoming music videos by the music icon. The collection will also include unique gaming features wherein the collectors and Alan Walker fans…

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The Philippines Department of Trade and Industry (DTI) sees no reason to ban Binance as the proposal lacked a regulatory stance on cryptocurrencies from the central bank. How many crypto owners are there in the Philippines? It is estimated that over 4.3 million people, 4.0% of the Philippines’ total population, currently own cryptocurrency. Local think tank Infrawatch PH had asked DTI in early July to investigate Binance for promoting unregulated services and offerings. Binance has then reached out to the regulators and cited that they are working closely with them so that they can secure a Virtual Asset Service Provider…

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Binance.US with yet another big hire. While other exchanges are laying off their employees to make up for operating expenses during the bear market, Binance has hired Jasmine Lee as the new CFO of the company. Binance.US, the U.S. arm of the world’s largest cryptocurrency exchange, has just hired Jasmin Lee as the Chief Financial Officer to help navigate the decline in cryptocurrency prices. Many big companies are under extreme pressure to operate the business while accommodating their customers’ needs. Companies such as Voyager have already filed for bankruptcy protection. Despite the volatility, Binance.US “remains undeterred and is positioning the…

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BNB Chain, a community-driven and decentralized blockchain announced incubation projects for season 5 of Most Valuable Builder (MVB), an accelerator program; 27 exciting new projects with a range of different focuses were selected. There were more than 650 applications from all across the world. The incubation program has been specifically designed to equip builders on BNB Chain. The team has come together to identify projects and developers with the ambition to embark on ‘Uncharted Territories’, where no developer or builder has gone before. “After an arduous selection process dedicated to identifying projects with the highest potential, twenty-seven innovative projects focusing…

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Since the euphoric rise of the popularity of gaming in the 1970s and 80s, billions of dollars have poured into the scene. Whether gamers like it or not, the industry has been commercialised with million-dollar payout tournaments and ‘professional gamers’ propping up for every type of genre. Crypto gaming is the next evolution of the monetization of gaming with Play-to-earn games taking centre stage. Currently, the most popular games such as Counter-Strike or Fornite rely on users buying extra items, most often cosmetics, for a large portion of revenue. However, what if investors could get a guaranteed return on investment…

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Local think tank Infrawatch PH has appealed to the Philippines’ Department of Trade and Industry (DTI) asking them to launch an investigation against world-renowned crypto exchange Binance for promoting ‘scam coins’ without permits! Terry Ridon, the convenor of Infrawatch PH says that Binance is not following Philippine regulations by running advertisements that are targeting Filipino consumers without the projects being registered. CEO of Binance ‘CZ’ says “In the Philippines, Binance is looking to secure the VASP and EMI licenses. We are continuously engaging in discussions with regulators and stakeholders within the country. Our goal is to contribute to the Philippines’…

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Changpeng Zhao, CEO of crypto exchange Binance, believes Bitcoin might reach its all-time high of near $70,000 between a few months and a couple of years. Why is the Market Crashing? During the COVID pandemic, the federal government has printed $6.55 trillion to accommodate the needs of the people and stimulate the economy. Of course, with such drastic money printing, this goes with risk and is the main issue of the FED and any currency inflation. Inflation has been the highest for the past 40 years and this has led the FED to tighten monetary policy. Meaning, they will stimulate…

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Basics Slope’s BNB integration brings the world of BNB to life on Slope Wallet! We’re delighted to make this push onto BNB, and it will be inclusive of a BNB-native wallet, as well as access to top ecosystem protocols, including PancakeSwap, Venus, Alpaca, Thetan Arena, and Binance NFT. Slope will offer a fully robust list of BNB DApps in its BNB DApp Browser. BNB has one of the most vibrant protocol ecosystems in the web3 space.We believe that this integration will enable Slope to draw BNB existing users, as well as introduce our existing Solana and Ethereum users to the…

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