Binance to Halt Trading After Syscoin Issue

Crypto exchange began unscheduled maintenance soon after one of the users paid 96 BTC for one Syscoin token
04 July 2018   566

On 4th of July, the largest crypto exchange Binance suddenly suspended trading, withdrawal and other functions.

Representatives of Binance said that the trading platform is forced to conduct maintenance. They also apologized for the inconvenience, promising to provide details soon.

A few hours later, the blog of the site reported that due to "suspicious trading activity" Binance will remove all existing API keys and will prompt users to create new ones.

After another hour, API keys were removed, users were able to create new ones. The administration of Binance promised to announce the resumption of the remaining operations later.

CEO of the Binance Exchange Changpeng Zhao said that all funds are safe.

At the moment, Binance is still unavailable for trading.

Binance
Binance

Crypto exchange began unscheduled maintenance soon after one of the users paid 96 BTC for one Syscoin token.

Binance team just reported to resume trading on 08:00 AM (UTC).

Binance to List USDC on 17.11.18

First trading pairs for stablecoin will be Binance Coin and Bitcoin
15 November 2018   126

Binance will list USD Coin (USDC) stablecoin. This is reported by the company itself.

The “stable coin” from the Circle startup will be available on November 17 in pairs with Binance Coin (BNB) and Bitcoin.

Note that despite the very young age, the USDC is already on the 49th line of the CoinMarketCap rating. So far the most actively this token is traded on the Poloniex exchange, which since February is the property of Circle. However, with the addition of USDC, you can most likely expect an increase in the total trading volume of this coin, as well as further growth of its capitalization.

Binance management also announced the successful completion of maintenance on the platform.