BNB Mainnet Swap to be Performed

It's worth noting that the addresses of users for making deposits in BNB were updated
23 April 2019   298

Binance cryptocurrency exchange announced the successful completion of the exchange of its own digital asset Binance Coin (BNB), released using the Ethereum blockchain, for its version in the Binance Chain network.

The exchange draws attention to the fact that after the completion of the swap tokens, the addresses of users for making deposits in BNB were updated.

The original ERC20-BNB can still be entered into the exchange using the wallet address in the Ethereum blockchain. The exchange automatically converts the tokens credited in this way to the asset of their blockchain.

In addition, currently users can access the output of BEP2-BNB to the address of the official web wallet Binance Chain.

CEO Binance Changpeng Zhao on Twitter confirmed that his company had previously followed this promise and destroyed 5 million ERC20-BNB, in exchange for which it credited the equivalent volume of new tokens.

Coinone to Join RippleNet

Coinone and Ripple cooperation started in May 2018, and now exchange believes it will help to create wide range of blockchain based financial services
18 June 2019   172

The Korean exchange Coinone, a member of the Big Four of Asian cryptocurrency exchange platforms, has joined the RippleNet network, AMBcrypto reports. Through participation in RippleNet, Coinone will be able to use Ripple's xCurrent solution to provide interbank services to its customers.

Coinone CEO Shin Won Hee, in a conversation with local media, said that his company would rely on cooperation with SBI Ripple Asia in creating a wide range of financial services based on blockchain technology.

According to the media, Coinone was the first exchange in South Korea, which joined RippleNet. As part of the cooperation with SBI Ripple Asia, Coinone intends to “organize overseas remittance events for 3,000 new subscribers to the block chain overseas remittance service.”

Coinone and Ripple started working together in May 2018, when the company integrated xCurrent solution into its own payment service called Cross. According to updated data, customers of the exchange can send transfers to eight Asian countries through the system, taking advantage of reduced commissions.

Earlier this month, Siam Commercial Bank, the largest commercial bank in Thailand, said it would use XRP cryptocurrency in its operations, but later, for unknown reasons, refused this statement.