CEO Binance Urged Community to Stay Calm

Users started to worry due too large BNB token transactions
25 February 2019   338

Users who follow the movement of coins in the blockchains of cryptocurrencies to predict market behavior may have been concerned about large transactions related to the Binance Exchange this day.

Thus, according to the WhaleWatch.io Twitter account, over the past few hours, one Ethereum transfer to more than $ 11 million and several multi-million dollar transfers to Binance Coin have been received at the well-known addresses of the exchange.

CEO Binance Changpeng Zhao in connection with these events retweeted his old message on Twitter, which suggests that the latest transactions are connected with the need to move funds between the cold wallets of the exchange. "Funds are #SAFU".

Binance DEX to Launch Trading

Mithril is the first asset, that is trading on new platform; also, the exchange presented the listing rules for assets
25 April 2019   83

Binance DEX announced the start of trading in the Mithril token (MITH) together with Binance Coin (BNB). This is the first asset in the listing site.

At the same time, the exchange presented the listing rules for assets. So, anyone can release a token on the Binance Chain, but listingĀ it to the marketplace takes place in several stages.

First of all, the issuer must place a listing application on the Binance Chain community forum, providing answers to a number of questions relating to the innovativeness of the project, its scope and other characteristics.

After that, the issuer must make a deposit in the amount of 1,000 BNB within two days, which will be returned later. Note that the listing of an asset on Binance DEX must be approved by at least half of the validators.