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what is Binance
Binance is the world's largest cryptocurrency exchange by daily trading volume, founded in 2017 by Changpeng Zhao. It allows users to buy, sell, and trade various cryptocurrencies. Here's a brief overview ¹:
- *Founding and Growth*: Binance was initially based in China but later moved to Japan, Malta, and other locations due to regulatory issues. It quickly grew to become one of the largest cryptocurrency exchanges.
- *Services*: Binance offers various services, including:
- *Spot Trading*: Buying and selling cryptocurrencies.
- *Futures Trading*: Trading contracts that speculate on cryptocurrency prices.
- *Wallet Services*: Secure storage for cryptocurrencies.
- *Regulatory Challenges*: Binance has faced regulatory challenges and fines in several countries, including the US, UK, and Japan. In 2023, the company pleaded guilty to money laundering, unlicensed money transmitting, and sanctions violations in a US federal court.
- *Tokens and Coins*: Binance has its own cryptocurrency, *BNB (Build'N'Build)*, which is used for fees and other services on the platform.
- *Global Presence*: Despite regulatory challenges, Binance continues to operate globally, with varying degrees of compliance and restrictions in different countries.
Binance's history and operations have been subject to scrutiny, but it remains a major player in the cryptocurrency market.
Binance is the world's largest cryptocurrency exchange by daily trading volume, founded in 2017 by Changpeng Zhao. It allows users to buy, sell, and trade various cryptocurrencies. Here's a brief overview ¹:
- *Founding and Growth*: Binance was initially based in China but later moved to Japan, Malta, and other locations due to regulatory issues. It quickly grew to become one of the largest cryptocurrency exchanges.
- *Services*: Binance offers various services, including:
- *Spot Trading*: Buying and selling cryptocurrencies.
- *Futures Trading*: Trading contracts that speculate on cryptocurrency prices.
- *Wallet Services*: Secure storage for cryptocurrencies.
- *Regulatory Challenges*: Binance has faced regulatory challenges and fines in several countries, including the US, UK, and Japan. In 2023, the company pleaded guilty to money laundering, unlicensed money transmitting, and sanctions violations in a US federal court.
- *Tokens and Coins*: Binance has its own cryptocurrency, *BNB (Build'N'Build)*, which is used for fees and other services on the platform.
- *Global Presence*: Despite regulatory challenges, Binance continues to operate globally, with varying degrees of compliance and restrictions in different countries.
Binance's history and operations have been subject to scrutiny, but it remains a major player in the cryptocurrency market.
it is how
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Nature is a masterpiece of serenity and wonder. The sunrise paints the sky with hues of pink and orange, while the forest whispers secrets in the wind. Mountains stand tall, and oceans roar with power.
In nature, we find peace, inspiration, and a sense of connection to something greater. Let's cherish and protect it for future generations.
#nature
#NatureToken
In nature, we find peace, inspiration, and a sense of connection to something greater. Let's cherish and protect it for future generations.
#nature
#NatureToken
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#FOMCMeeting #BitcoinReserveDeadline #SaylorBTCPurchase
#FOMCMeeting #BitcoinReserveDeadline #SaylorBTCPurchase
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U.today
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$103 Million Satoshi-Era Bitcoin Wallet Suddenly Wakes Up
According to data provided by Whale Alert, a Bitcoin wallet containing 1,078 coinsemerged from hibernation earlier today after almost 12 years of inactivity.
The coins, which were originally worth about $93,000 in 2013, are now valued at $102.5 million.
Satoshi Nakamoto, the pseudonymous Bitcoin creator, stopped being involved in Bitcoin development roughly three years before the wallet was created. However, they briefly reemerged with a message on the P2P Foundation forum back in 2014 to debunk the infamous Newsweek article that mistakenly identified California resident Dorian Nakamoto as the man who started it all.
Bitcoin is currently trading at $94,468. It is 13.2% away from the record high that was set in January.
Asreported by U.Today, there was a massive spike in dormant wallet activations in the fourth quarter of 2024 and early 2025. This, of course, coincided with a substantial price rally.
It is possible that the recent transfer could somehow be linked to Bitcoin's price recovery. However, there is usually no direct correlation.
The coins, which were originally worth about $93,000 in 2013, are now valued at $102.5 million.
Satoshi Nakamoto, the pseudonymous Bitcoin creator, stopped being involved in Bitcoin development roughly three years before the wallet was created. However, they briefly reemerged with a message on the P2P Foundation forum back in 2014 to debunk the infamous Newsweek article that mistakenly identified California resident Dorian Nakamoto as the man who started it all.
Bitcoin is currently trading at $94,468. It is 13.2% away from the record high that was set in January.
Asreported by U.Today, there was a massive spike in dormant wallet activations in the fourth quarter of 2024 and early 2025. This, of course, coincided with a substantial price rally.
It is possible that the recent transfer could somehow be linked to Bitcoin's price recovery. However, there is usually no direct correlation.
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