The world’s largest exchange announced on August 26 that customers can earn annualized interest rates of up to 15% by making short-term loans to its margin traders for leveraged investments. Initially limited to one period of 42 hours beginning on August 28, the firm will open up Binance Lending opportunities on a first-come, first served basis. The 14-day fixed interest loans of ethereum classic (ETC), tether (USDt), and binance coin (BNB) are also fairly limited.
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Binance upgrades hacked customers to VIP
The cryptocurrency exchange also ‘highly recommended’ the 60,000 users replace their ID documents; restitution promised
In light of a hack that saw up to 60,000 customers’ IDs stolen, leading cryptocurrency exchange Binance is giving all affected users VIP status that brings a 10% discount on bitcoin trading fees.
- The exact moment Changpeng “CZ” Zhao says Binance was hacked to the tune of $40 million during his Twitter AMA, May 7, 2019).
Binance puts $300,000 bounty on extortionist’s head
The leading cryptocurrency exchange offered up to 25 bitcoin for information on the person who released what he claims is Binance customers’ private data
Binance has offered a $300,000 reward for information leading to the capture of an individual who posted 10,000 photos of users and their identity documents that may have come from the leading cryptocurrency exchange’s customer data.
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Seed CX exchange wins New York BitLicense
The digital asset exchange focuses on institutional investors, not the retail clients fueling the current cryptocurrency boom
SeedCX, a cryptocurrency exchange for large institutional investors, announced on July 15 that it has received a pair of virtual currency BitLicenses from the New York Department of Financial Services.