Binance Canada branch confirmed that it is officially shutting down and users from Ontario can no longer open accounts as we can read more in today’s Binance news. Crypto exchange Binance Canada confirmed to the Ontario Securities Commission that it will no longer open accounts for new customers in Ontario. The exchange also committed to […]

Changpeng Zhao (CZ), the founder and CEO of the world’s largest cryptocurrency exchange Binance, just called himself simply to be one of those crypto sales guys despite being the wealthiest crypto entrepreneur in the world, with a net worth of nearly $100 billion. I Get People to Buy Crypto in a Subtle Way: Changpeng Zhao In a latest tweet posted today, Binance CEO, Changpeng Zhao randomly stated that he is ‘one of those crypto sales guys.’ However, he clarified that he doesn’t just sell cryptocurrencies but gets people to buy them in a subtle way. I don't sell crypto. I just get more people to buy, in a subtle way. — CZ 🔶 Binance (@cz_binance) March 5, 2022 Perhaps his salesmanship skill is on point considering that Binance generated at least $20 billion of revenue last year, according to a Bloomberg analysis of its trading volume and fees in January. At the time, Binance disputed the accuracy of Bloomberg’s estimates of the firm’s market value to say ‘Crypto is still in its growth stage.’ In 2017, Zhao launched Binance which managed to raise nearly fifteen million dollars in an initial coin offering (ICO) that very year. In less than eight months, Zhao grew Binance to be the largest cryptocurrency exchange in the world by trading volume. One of the World’s Richest Billionaires As of January 2022, Bloomberg Billionaires Index estimated Zhao’s net worth somewhere near $100 billion making him to be one of the richest persons in Canada and the world’s 11th richest person. As a result, this brings him into a league of tech billionaires including Jeff Bezos, Elon Musk, and Mark Zukerberg among others. However, Zhao’s fortune could be significantly larger, as the wealth estimate doesn’t take into account his personal crypto holdings, which include Bitcoin and his firm’s own token BNB which surged roughly 1,300 per cent last year.

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Read Time: 5 minutes In the last couple of years, we have seen several centralized exchanges emerge from the crypto space to ease the buying and selling cryptocurrencies. The bulk of these exchanges is concentrated on the Ethereum network, as it is one of the first blockchains to use smart contracts. It has a community of devs and tools …

PancakeSwap – Working Mechanism, Risks & Using it with MetaMask  Read More »

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Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved Cryptocurrency exchange Binance has sent a letter to […]

Elon Musk tweeted, saying that he will eat a happy meal on television if McDonald's accepts Dogecoin. (Read More)

Crypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Binance has now signed an agreement with Gulf Energy Development, a Thai public company, to establish a crypto exchange in Thailand. Binance and Gulf Energy […]