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.”.