Binance Smart Chain is a new blockchain that is compatible with Ethereum’s smart contracts. It is designed to run on Binance’s own native cryptocurrency, BNB.

The Binance Smart Chain is a decentralized platform that supports the execution of smart contracts and the development of dApps.

The Binance Smart Chain is a high-performance blockchain that is able to process transactions at a much faster rate than Ethereum. It is also more scalable and has lower transaction fees.

The Binance Smart Chain is also more secure than Ethereum, as it uses a Proof-of-Stake consensus algorithm. This means that the network is more resistant to 51% attacks.

The Binance Smart Chain is a great option for developers who are looking for a more scalable and faster blockchain than Ethereum. It is also more secure, as it uses a Proof-of-Stake consensus algorithm.

Binance, one of the world’s largest cryptocurrency exchanges, is reportedly facing scrutiny from the US Internal Revenue Service (IRS).

According to a report from Bloomberg, the IRS is investigating whether or not Binance has been properly reporting US-based users’ trading activity and whether or not it has been paying proper taxes on that activity.

The report cites “people familiar with the matter” and says that the investigation is in its early stages. It is not clear how long the investigation has been going on or what specific activities the IRS is looking into.

Binance has not been shy about its expansion into the US market, despite the regulatory uncertainty surrounding cryptocurrency exchanges in the country.

In June, Binance announced that it had launched a new US-based exchange, Binance US, in partnership with a firm called fintech startup RaiBlocks. The exchange is available to users in more than 40 states.

And just last week, Binance announced that it had acquired a controlling stake in a US-based cryptocurrency startup called Trust Token. The deal gives Binance a majority share of Trust Token’s native token, called TrueUSD.

The news of the IRS investigation comes as Binance is facing increased scrutiny from regulators around the world. Earlier this month, Japanese regulators ordered Binance to stop operating in the country because it does not have proper licensing to do so.

And last week, the Malta Financial Services Authority warned Binance that it could face “ enforcement action” if it does not comply with Maltese lAWS.

It is unclear how the IRS investigation will impact Binance’s operations in the US. The exchange has not yet responded to Bloomberg’s request for comment on the matter.

Binance is a cryptocurrency exchange that was founded in 2017. The company is based in Malta and has offices in Singapore, Tokyo, and Hong Kong.

Binance is the largest cryptocurrency exchange in the world by trading volume.

The company has been growing rapidly since its launch and has attracted a lot of attention from the media and regulators. Binance is not currently regulated by any major financial regulator, but the company has been working with regulators in various jurisdictions to obtain licenses.

In March 2018, the Malta Financial Services Authority (MFSA) announced that it was “in discussions” with Binance about regulating the company. The MFSA is not a major financial regulator, but it is one of the few regulators that have publicly acknowledged that they are working with Binance.

In September 2018, Binance announced that it had set up an office in Malta and had applied for a license from the Malta Financial Services Authority (MFSA). The license would allow Binance to operate as a cryptocurrency exchange and provide other financial services.

The MFSA is not a major financial regulator, but it is one of the few regulators that have publicly acknowledged that they are working with Binance. Binance has also been in discussions with the Japanese Financial Services Agency (FSA) and the Securities and Exchange Commission (SEC) in the United States.

Binance is not currently regulated by any major financial regulator, but the company is working with regulators in various jurisdictions to obtain licenses. The company’s rapid growth and media attention has attracted regulatory scrutiny, but Binance has so far been able to avoid any major penalties or sanctions.

There are a lot of different cryptocurrency exchanges out there, and it can be tough to decide which one is right for you. If you’re trying to choose between Binance and Kraken, there are a few things you should keep in mind.

Binance is one of the largest cryptocurrency exchanges in the world, and it offers a ton of features. One thing to keep in mind, however, is that Binance is based in China.

This means that there could be some risk associated with using the exchange, as the Chinese government has been known to crack down on cryptocurrency activity in the past.

Kraken, on the other hand, is based in the United States. This means that it’s subject to US regulations, which are generally more favorable towards cryptocurrency than Chinese regulations.

Kraken also offers a variety of features, although not as many as Binance.

So, which exchange is better? It really depends on what you’re looking for. If you’re looking for an exchange with a lot of features and a global presence, Binance is a good choice.

However, if you’re looking for an exchange that’s based in the US and subject to more favorable regulations, Kraken is a better choice.

Binance, the world’s largest cryptocurrency exchange by trading volume, is not working today. The website is down and users are reporting that they are unable to login or access their funds.

This is not the first time Binance has experienced technical issues. In February, the exchange was forced to halt trading for several hours after a “system upgrade” caused unexpected data discrepancies.

And in January, Binance had to suspend withdrawals for a week due to “unusual trading activity.”.

Binance has not yet released a statement on the current outage. However, the exchange’s CEO, Changpeng Zhao, tweeted that the team is “working on it.”

We will update this article as more information becomes available.

Update (11:45 UTC): Binance has released a statement saying that it is “investigating reports of some users being unable to log in or access their funds.” The exchange says it will provide an update within 2 hours.

Update (12:30 UTC): Binance has issued an update saying that it has “identified the issue and is working on a fix.” The exchange says it will provide another update within 2 hours.

Update (13:45 UTC): Binance has provided another update saying that the issue has been fixed and that all systems are “operational now.” The company apologized for the inconvenience and said that it will “compensate all affected users.”.

Binance is the world’s largest cryptocurrency exchange by volume and one of the fastest-growing companies in the blockchain space. Coinbase is the largest cryptocurrency exchange in the United States and also one of the most well-funded companies in the space.

Both exchanges have been growing rapidly and are now household names in the crypto industry.

So, which exchange is more popular?

The answer is: it depends.

In terms of raw numbers, Binance definitely has more users than Coinbase. Binance has over 15 million users while Coinbase has around 8 million.

However, Coinbase is available in more countries than Binance (32 vs 190) and therefore has a larger potential customer base.

In terms of brand awareness, both exchanges are extremely well-known. A recent Google Trends report showed that both Binance and Coinbase are searched for more than any other cryptocurrency company, including Bitcoin and Ethereum.

However, when it comes to social media, Coinbase appears to be ahead. Coinbase has nearly twice as many Twitter followers as Binance (1.

4 million vs 766 thousand) and their tweets are retweeted almost three times as much. On Facebook, Coinbase also has a much larger audience with over 3 times as many likes (650 thousand vs 180 thousand).

So, while Binance may have more users overall, it seems that Coinbase is ahead when it comes to brand awareness and social media engagement.

Binance, the world’s largest cryptocurrency exchange by trading volume, has announced the launch of its long-awaited mobile app. The app, which is currently available to download on iOS and Android, will allow users to trade cryptocurrencies on the go.

The launch of the Binance mobile app comes as the cryptocurrency market continues to gain mainstream adoption. More and more people are turning to cryptocurrencies as an investment opportunity, and Binance’s mobile app will make it easier for them to trade on the go.

So, is the Binance mobile app safe?

Yes, the Binance mobile app is safe. Binance has a strong reputation in the cryptocurrency community, and its mobile app has been designed with security in mind.

The app uses two-factor authentication to ensure that only authorized users can access your account. Additionally, all of your personal data is encrypted and stored securely on Binance’s servers.

In conclusion, the Binance mobile app is safe and user-friendly, making it a great option for those looking to trade cryptocurrencies on the go.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is expanding its reach into Russia. The exchange recently announced that it has partnered with a local fintech company to launch aRussian-language version of its popular trading platform.

The move comes as Binance looks to capitalize on the growing interest in cryptocurrency trading in Russia. According to a recent study, the number of Russians trading cryptocurrencies has doubled over the past year.

Binance’s expansion into Russia is part of a wider push by the exchange to enter new markets and attract new users. The exchange is also planning to launch trading platforms in South Korea and Turkey.

While Binance is making a push into Russian-speaking markets, it’s worth noting that the exchange is not currently available in Russia. This is due to the fact that Russian authorities have not yet regulate the cryptocurrency industry.

As such, it remains to be seen if Binance will be able to operate legally in Russia once regulations are put in place. For now, though, the exchange is focusing on building up its presence in the country and making its platform available to Russian users.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is not currently licensed to operate in Connecticut. However, this does not mean that Binance is illegal in Connecticut.

The state of Connecticut has not yet released any regulations specifically governing cryptocurrency exchanges. As such, Binance is likely operating in a regulatory grey area in Connecticut.

This lack of clarity around the legal status of cryptocurrency exchanges in Connecticut is not unique to Binance. Many other exchanges, including some of the largest ones like Coinbase and Gemini, are also not currently licensed to operate in the state.

The reason why exchanges have not yet been licensed to operate in Connecticut is likely due to the lack of clear regulations around cryptocurrencies and crypto businesses in general. The state’s regulators have said that they are working on developing such regulations, but they have not yet been released.

In the meantime, it is important for users of cryptocurrency exchanges like Binance to be aware of the risks associated with using these services. These risks include the potential for fraud or theft, as well as the possibility that exchanges may be shut down by regulators if they are found to be operating illegally.

Despite these risks, many users continue to use Binance and other exchanges due to the lack of alternatives. Until more clear regulations are put in place, these users will likely continue to take their chances with these unregulated exchanges.

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has been hacked. The exchange has confirmed that hackers stole 7,000 Bitcoin (BTC) from its hot wallet.

The hack was first reported by The Block, which cited “a person familiar with the matter” as saying that the hackers had used a variety of techniques, including phishing and viruses, to steal the funds.

Binance has since suspended all withdrawals and deposits while it conducts a “thorough security review.”

The hack is a major blow to the cryptocurrency industry, which has been trying to shed its reputation as a Wild West-like environment where hacks and scams are commonplace.

It also raises questions about the security of Binance, which has grown rapidly in recent years and is now one of the most popular cryptocurrency exchanges.

In a statement, Binance CEO Changpeng Zhao said that the exchange will use its “Secure Asset Fund for Users” (SAFU) to cover the loss. The SAFU is a “risk mitigation fund” that is used to protect users in the event of a hack or other security incident.

Zhao also said that Binance will “build something even better” in the wake of the hack.

The hack is a major setback for Binance and the cryptocurrency industry as a whole. However, it is also an opportunity for Binance to show that it can rebound from this setback and build something even better.