Binance Now Supports Ether Layer 2 Arbitrum, CZ says Exchange Is Thinking of Lowering Fees

2021-11-20 22:14

Binance has announced the completion of the integration of the Ethereum layer 2 solution, Arbitrum One mainnet. The leading cryptocurrency exchange said on Friday, has also opened deposits for ETH on Arbitrum One Layer 2.

Ether withdrawals for Arbitrum Open Network will be opened at a later date, but no announcement will be made for the same.

In other news, Binance’s US until is set to close its funding round in a month or two in which it may raise a “couple hundred million” dollars, said its CEO, Changpeng Zhao.

Speaking at the Bloomberg New Economy Forum in Singapore, Zhao said Binance.US has the option to go for an initial public offering (IPO) and that he wasn’t ruling out listing the parent company in the future either.

“I think it's a couple hundred million dollars,” CZ said at the event, adding that he doesn't know the exact number of the proposed fresh funding.

“For an IPO perspective, it's probably best to have a few rounds of financing before that.”

When asked whether the company was making billions of dollars in profit, Zhao replied, “pretty much, yeah,” but didn’t provide a number. And since Binance is profitable, CZ said, they could potentially charge even lower fees than its rivals, and the exchange is thinking about it.

Currently, the exchange is experiencing increased regulatory scrutiny, but Zhao maintains that his company is in regular talks with regulators.

“We want regulation, I am not a complete libertarian, I'm not an anarchist.”

Binance is also prepared to announce “very shortly” the location where the company will have its headquarters, but the CEO said they are communicating its plan to regulators first.

Meanwhile, CZ bought his first home last month in Dubai to show his commitment to the place which he describes as “very pro-crypto.

“The government there is very progressive, and it’s a very good business environment.”

Singapore is another place he is committed to, where he has been living for two years. Binance Asia is among 70 other firms awaiting a permit from the Monetary Authority of Singapore (MAS), along with Coinbase, Huobi, and Upbit.

The post Binance Now Supports Ether Layer 2 Arbitrum, CZ says Exchange Is Thinking of Lowering Fees first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Binance Coin (BNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $562.5
Капитализация $0 Rank 99999
Цена в час новости $ 584.06 (-100%)

says fees exchange binance thinking lowering ether

Источник: bitcoinexchangeguide.com

says fees → Результатов: 94


ETFs Are Having the Best Year Ever, While SEC Refuses to Give A Bitcoin ETF The Green Light

ETFs pulled in $488. 5 billion in less than 7 months of 2021 and are on track to break the $497 billion full-year record set in 2020. Meanwhile, in crypto, since 2013, not a single one has been approved by the US SEC, which says it wants to protect the investors when ETFs are what will ensure low fees, tax advantages, and relative ease of trading for them.

2021-7-20 19:20


Фото:

DeFi Major Aave (AAVE) to Build on Polygon’s Scalable Layer 2 Platform

The decentralized lending platform built on the Ethereum blockchain, Aave says that it will scale its DeFi platform beyond its blockchain by joining several sidechains, including Polygon.  Aave Addresses Transaction Fees Block space supply today is scarce and limited, leading to the massive expansion of assets on the Ethereum blockchain. Since the “DeFi Summer” ofRead More

2021-4-2 20:00


“Ethereum to Scale by 100X in the Coming Months,” Says Vitalik on Optimism Rollups Launch

Ethereum co-founder Vitalik Buterin believes the blockchain is closing in on solving its scalability problem, predicting the Optimistic rollup launch in the coming month. The Optimism rollup is a layer two solution aiming to scale the blockchain by a factor of 100, which will solve the medium-term high gas fees as the community awaits the […] The post “Ethereum to Scale by 100X in the Coming Months,” Says Vitalik on Optimism Rollups Launch first appeared on BitcoinExchangeGuide.

2021-3-11 21:22


Фото:

Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%

The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each […] The post Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% appeared first on Bitcoin News.

2020-11-8 13:15


Фото:

Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks

Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading.

2019-8-9 12:51


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

2019-6-14 04:03


Bitcoin Cash exploit cripples network during scheduled hardfork upgrade

A bug was reportedly exploited on Bitcoin Cash during a scheduled hardfork upgrade of the protocol. For an hour and a half transactions went unprocessed, causing fees to skyrocket. A source familiar with the project says the exploit “looks like a timed attack,” while other rumors are circulating that the “attacker” placed a 180,000 BCH short […] The post Bitcoin Cash exploit cripples network during scheduled hardfork upgrade appeared first on CryptoSlate.

2019-5-16 21:43


дальше еще 45 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance lists ZKsync (ZK) with distribution program

Binance will list ZKsync (ZK) on Monday, June 17. The exchange will add ZK/BTC, ZK/USDT, ZK/FDUSD and ZK/TRY spot trading pairs. Binance has also revealed a ZK distribution program targeted at users who meet set criteria.

Binance, BNB, and CZ - Should you be worried about this report's findings?

A new report revealed that CZ has control over 64% of BNB's token circulation Social volume and sentiment remained positive though Binance has had one of its toughest years despite the cryptThe post Binance, BNB, and CZ - Should you be worried about this report's findings? appeared first on AMBCrypto.

BNB's $600 roadblock - Traders, look out for these targets now!

Price looked set to move to the high liquidity area identified around $585 Online discussions about BNB dropped, indicating low interest in the coin A few days ago, AMBCrypto reported how BiThe post BNB's $600 roadblock - Traders, look out for these targets now! appeared first on AMBCrypto.

'Off by 15%' - How BNB's price can register its next ATH

Binance Coin retested a key support level at $593 Metrics seemed to point to a potential price surge on the charts Binance Coin's (BNB) price was consolidating in a symmetrical triangle afteThe post 'Off by 15%' - How BNB's price can register its next ATH appeared first on AMBCrypto.

BNB backslides after hitting ATH: What to expect this week

BNB corrects 10% below its all-time high with a slightly bearish RSI of 49.91. Rising MACD and high social dominance hint at possible bullish rebound. After hitting an all-time high last weeThe post BNB backslides after hitting ATH: What to expect this week appeared first on AMBCrypto.

Network activity keeps BNB Chain, Tron atop performance charts

The BNB network and Tron continued to dominate other networks in terms of activity. However, social activity and sentiment around the tokens fell. Binance Coin [BNB] and Tron [TRX] have bothThe post Network activity keeps BNB Chain, Tron atop performance charts appeared first on AMBCrypto.