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Binance monthly highlights include 394 listings with number 1 ranking!

Ranjitha Shastry



Binance monthly highlights include 394 listings with number 1 ranking!
Source: Pixabay

Binance released its monthly highlights dated May 15th to June 14th. This report includes attributes like ranking, listings, products, activities and global cooperations. Binance has the number one ranking with a trading volume of $1,271 billion. It has around 137 coins/tokens with a total of 354 old trading pairs and 40 new trading pairs.

Binance monthly highlights | Source: Twitter

Binance monthly highlights | Source: Twitter

Under upgrades, Binance added the ability to view past small balances to BNB conversions on their platform. The trader can access the same from Funds-> Balances-> Convert to BNB.

Their activities for the month include:

  • CLOAK competition
  • ZenCash competition
  • IOTX competition
  • THETA competition
  • SKY competition
  • Binance referral rewards

Their global alliances comprised of Jersey and Malta. With Jersey, they signed a Memorandum of Understanding with Digital Jersey, with a plan to set up local cryptocurrency exchange an compliance base. Binance extended its partnership with Malta by opening a bank account in Malta.

Binance Labs invested in Mobilecoin, Oasis Labs, Certik, Republic. Mobilecoin, a major blockchain incubator is designed so that a mobile messaging application like WhatsApp, Facebook Messenger, or Signal could integrate with a MobileCoin wallet.

Binance Labs states:

“A mobile-first, user-friendly cryptocurrency, like MobileCoin, plays a critical role in driving mainstream cryptocurrency adoption”

Oasis Labs is a UC Berkeley blockchain company built to address the issues of scalability and security in a low-cost manner. CertiK is a formal verification platform for smart contracts and blockchain ecosystems.

Binance also established the ”Cryptocurrency Governance Initiative”  aimed at encouraging self-regulation in the industry and fight scams. Along with this they also built a $100 million Binance ecosystem fund with twenty future partners.

For this tweet, Binance got a lot of questions from crypto enthusiasts asking about the possible future alliances and plans.

ugnostix, a Twitter user commented:

“Now you just need to get on that tradingview charting sorted out on advanced so it keeps chart settings and get that new updated version going again. It was smooth and didn’t freeze.”

How2Crypto, a crypto enthusiast commented:

“When are you going to unlock $EOS withdrawals/deposits? @cz_binance @binance.”

Crypto Jacob, another Twitter user commented:

“When Nexo or TomoChain will be listed on @binance @cz_binance.”

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Ranjitha Shastry is a part of AMBCrypto's News Reporting Team. Having done her major in Journalism and mass communication, she is passionate about business and economic journalism.


Tron DApp Weekly Report: Gambling apps leads the surge in Tron DApp numbers

Namrata Shukla



Tron DApp Weekly Report: Tron DApps number led by Gambling apps
Source: Pixabay

Tron, the eleventh largest cryptocurrency on CoinMarketCap, recently collaborated with Bitpie, a partnership that would help startups to bridge the gap in vulnerable financial systems. Tron’s token might be lagging in terms of performance in the market but, Tron DApps continued to surge.

The DApp weekly report released by the Tron Foundation reported an increase of 22 DApps in the Tron ecosystem, taking the total to 392. It noted that gambling DApps mainly contributed to this growth as 17 DApps were gambling-based. Decentralized exchanges followed suit, as 3 new DApps made their way into the Tron DApp ecosystem. The main highlight for the entire Tron community was the partnership with Opera, a mainstream browser.

Tron introduced a DApp ‘Lucky Moon,’ an entertainment-based DApp that pushes users to estimate the current time to run away from the imploding rocket with a specific reward rate. As the rocket takes-off, the reward rate keeps increasing and the player will have to escape at the right time. An extension of this game is ‘Tyrant Annihilation,’ where users need to collect seven types of equipment to kill a tyrant. The DApp might have taken inspiration from The Avengers.

The report made note of the fact that the Tron public chain received support from Aocoin wallet, a decentralized secure digital currency wallet. My Token, a software company that specializes in market information has been integrated into Tronscan and TRX market, leading the way to user traffic in DApps ecosystem.

At press time, Tron was valued at $0.0283 with a market cap of $1.89 billion. The 24-hour trading volume of the coin was noted to be $690.34 as it reported 6.36% growth over the past day. The coin grew by 8.80% over the past seven days, but fell by 0.44% in an hour.

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