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Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry


Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...

Binance Announces $500 Million Funding for Bitcoin Mining


Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan.  The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel...

Binance Pool to aid BTC mining industry with $500m project


Binance Pool has formally announced its ambition to assist the cryptocurrency mining sector. In order to attain this goal and put it into full practice, they have devised a miner lending initiative with a value of $500 million.  In addition, they are aggressively seeking all vendors in the cloud...

Binance Burns Over $500 Million of BNB Tokens – Pump Incoming?


The major crypto exchange Binance on Thursday completed its last BNB token burn for the third quarter, with more than 2 million BNB tokens burned at a value of well over $500 million. The total amount of tokens burned during the quarter 2,065,152.42 BNB, and was comprised of token burns under...

Terra Luna Classic Price Forecast – When is the Next Binance Token Burn?


Terra Luna Classic is preparing for a bullish move to $0.00037, moments after holding firmly to support at $0.00025. Over the last few weeks, its performance continued to disappoint investors, as they counted losses from $0.00037. However, insight from a double-bottom that recently formed on...

This Month at Binance: Innovation Never Stops


September has been one of the busiest months at Binance this year. Last month the world’s largest crypto exchange by trading volume kicked off the inaugural Binance Blockchain Week Paris, a three-day event exploring the best of Web3. They also expanded their ever-growing suite of products...

Terra Luna Classic Price Prediction as Binance Burns $916,000 Worth of LUNC


Terra Classic remains one of the most traded cryptos in the space as it attracted more than $450 million in volume in the last 24hrs. The news comes after Binance revealed its latest burn efforts saw nearly 3 billion LUNC permanently erased from the supply, equal to nearly $1 million. In late...

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