Binance is the star of the day. The main cryptocurrency exchange, Binance shows us in our crypto summary why it is the star of the day. Find out the details here.
Binance continues to demonstrate why it is the world’s leading cryptocurrency exchange. Always in constant evolution within the crypto market. Today, Binance is the star of the day.
Binance Charity Launches Global Campaign Against COVID-19
Incidentally, Binance is the star of the day. Today it was revealed that Binance Charity has launched an initiative that seeks to raise millions of USD in cryptocurrencies. This to buy medical supplies for the countries most affected by the COVID-19 pandemic.
Binance will lead the #CryptoAgainstCOVID campaign with an initial donation of $ 1 million. In this regard, he announced through a press release on his blog that from June 12 to June 26 the company will raise funds to help Japan.
Changpeng Zhao believes there must be a change of mind on exchanges
They extended the invitation to all those who wish to contribute to carry out this donation. Providing those in need with the necessary supplies. Since June 9, COVID-19 has infected more than 17,300 people and has claimed more than 920 lives in Japan.
In a recent CoinTelegraph interview, Changpeng Zhao, the CEO of Binance expressed that exchanges need to have a change of mind. If they want to be able to expand on a large scale.
“First, I would say you need a global mindset. Many cryptocurrency exchanges declare that they are global exchanges, but if you take a closer look, they are focused on one region, usually where most of their team comes from. Their products are only available in one or two languages, their customer service is only available in one or two languages, and they only organize offline events in their region. As a result, most of its users are from that region as well, ”said Changpeng Zhao.
In addition, he emphasized some key tools that cryptocurrency exchanges must have to be able to drive themselves globally: Sustainable business model, knowing the preferences of its public, and the ability to adapt services.
Binance Futures: Unique Advantages for Institutions
Binance adds new Bitcoin futures. Another sign that Binance is undoubtedly the star of the day today. The exchange revealed that its quarterly futures contracts had entered into force, and that settlement was due in September.
Binance Futures offers tailor-made trading services and global expertise in the full range of crypto derivatives. Including futures, options and leveraged tokens.
The move marks Binance’s latest adventure in Bitcoin derivatives, a market currently dominated by the OKEx and Huobi exchanges. Speaking to Bloomberg , CEO Changpeng Zhao said that user demand had prompted the decision.
In a few lines …
- Brave has paused its BAT referral program in five countries after detecting “a large number of fraudulent referrals.”
- According to the United States Department of Justice (DoJ), fifteen people pleaded guilty to participating in an international union that held fraudulent auctions to defraud Bitcoin holders.
- In Colombia, the Las Américas Auna Clinic in Medellín announced a solution for the health sector and patient care in that country. The idea is the monitoring, control and supply of medical devices. As well as improving patient care at the Las Américas Auna Clinic in Medellín.
Breaking News: Journalism and Blockchain Proof of Online Misinformation
The New York Times publication has revealed the successful completion of a trial for a new blockchain-based system to detect misinformation.
According to a blog post , the publisher built a prototype to provide reliable metadata on various images found online. Often images taken at a different location at a different time will be used in connection with unrelated events. Through the platform, readers and users of social networks will be able to know who took the photo and when.
The biggest challenge is combining images with their blockchain version. Due to the fact that images can be modified through software, a computer may not recognize that a slightly altered image is present on the blockchain.
Further advancements in computer vision and image recognition seem necessary to make this platform a reality.