Binance Launchpad Break Records And Other News
Whenever there is a new cryptocurrency launched on the Binance platform, it is bound to make headlines on the internet. So, it has happened again. Perlin, which is a Wasm smart contracts company has managed to get $330 Million via Binance users in recent IEO( Initial Exchange offering).
It is turning many heads because it is the most significant record of IEO Via Biance launchpad. CEO of Binance Changpeng Zhao Commented, “ As long as projects like Perlin are showing strong business fundamentals, there will be more user adoption.” Right now there are more than forty thousand Perl token holders.
Binance login Hack issue drops BNB 10%
A few days ago, reports began to pour on the internet about Binance login hacks. Initially it was denied by the company. “The leaks are fake, and No Binance login details have been stolen” was the statement on the internet. However, Now Binance has Admitted about leaking some sensitive customer data. It was not done recent rather few years ago through a third party vendor.
After the company announced the news, its official coin ‘Binance Coin(BNB) price dropped nearly 10 percent.it has been expected it will plunge more in the upcoming days.
Victims getting VIP accounts
Following the leak of KYC Documents, Binance has given another statement. The users who have been the victim of Binance login hacks will receive a Vip Account. The investigations are still going on, but once it is complete, users are expected to get those VIP accounts.
Binance is Launching Lending product
In another update, Binance has launched a new lending product. A user can lend out their Binance coin to other users then they can begin earning interest. The company has been saying; they will offer up to 15% interest. It does not matter how the market is going to perform. You are going to receive fixed interest.
The platform will begin with its own coin ‘BNB’ and a stablecoin ‘ Tether.’ A user can lend out 500 BNB maximum out in the market. These are the latest news related to Binance. In the blog,we will bring you more updates.
It is turning many heads because it is the most significant record of IEO Via Biance launchpad. CEO of Binance Changpeng Zhao Commented, “ As long as projects like Perlin are showing strong business fundamentals, there will be more user adoption.” Right now there are more than forty thousand Perl token holders.
Binance login Hack issue drops BNB 10%
A few days ago, reports began to pour on the internet about Binance login hacks. Initially it was denied by the company. “The leaks are fake, and No Binance login details have been stolen” was the statement on the internet. However, Now Binance has Admitted about leaking some sensitive customer data. It was not done recent rather few years ago through a third party vendor.
After the company announced the news, its official coin ‘Binance Coin(BNB) price dropped nearly 10 percent.it has been expected it will plunge more in the upcoming days.
Victims getting VIP accounts
Following the leak of KYC Documents, Binance has given another statement. The users who have been the victim of Binance login hacks will receive a Vip Account. The investigations are still going on, but once it is complete, users are expected to get those VIP accounts.
Binance is Launching Lending product
In another update, Binance has launched a new lending product. A user can lend out their Binance coin to other users then they can begin earning interest. The company has been saying; they will offer up to 15% interest. It does not matter how the market is going to perform. You are going to receive fixed interest.
The platform will begin with its own coin ‘BNB’ and a stablecoin ‘ Tether.’ A user can lend out 500 BNB maximum out in the market. These are the latest news related to Binance. In the blog,we will bring you more updates.
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