Cryptocurrency Analysis and News Portal
Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants. Brazil Receives
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Credit card giant Mastercard has teamed up with the world’s largest crypto exchange to launch another prepaid crypto card in Latin America.On Jan. 30, Binance announced the launch of the Binance Card in Brazil. The new card is issued by Dock, a payment institution regulated by Banco Central do Brasil,
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La tarjeta permitirá a los usuarios de ese país latinoamericano realizar pagos con 13 criptomonedas, incluyendo bitcoin, ether y Binance USD. La tarjeta cobra 0,9% en concepto de comisión por transacción, afirmó Binance, y agregó que ofrecerá hasta 8% en devolución con criptomonedas y habilitará los retiros por cajero automático
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The card will allow users to make payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD. Binance’s card charges a 0.9% fee per transaction, Binance said, adding that it will offer up to 8% in cashback with crypto and allow ATM withdrawals without fees. Source
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Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users.On Jan. 18, a group of Russian-speaking Binance clients complained about blocked accounts and not being able to withdraw their funds from the exchange. The affected users created
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At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, has
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Stablecoins in the cryptocurrency market help provide USD pegged tokens within the volatile industry. In bull markets, the market capitalization of stablecoins tends to decrease as investors flock to more volatile assets and in bear markets, investors seek shelter in low volatility stablecoins thus increasing their market caps.On Jan. 26,
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Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over
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In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is
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Binance mistakenly kept collateral for some of the crypto assets it issues in the same wallet as funds belonging to its customers, Bloomberg reported Tuesday. The exchange issued 94 so-called Binance-peg tokens (B-Tokens), and reserves for almost half of those are stored in a cold wallet called Binance 8. The
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