At the time of writing, an AWS issue was reported at Binance. Cryptocurrency exchange Binance has announced that it will support the Mary update that will take place on the Cardano network. The company raised around $15 million in an ICO in July 2017. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Linkedin. Binance is popular for its crypto to crypto exchange services. Roy told Crypto Briefing that he had been trading The Graph token when “the system just jammed” without warning. I hope JUV doesn't dump. It’s a totally avoidable loss.”. Trading contracts of polkadot, the ethereum rival that’s soared over 1,000% since August, have suffered a 99% so-called flash crash on the cryptocurrency exchange Binance. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. In brief, Binance is one of the most innovative cryptocurrency exchanges in the market. The Binance API is designed to provide an easy and efficient way to integrate your trading application into our platform. Whale Manipulation on Saturday. On another red day, cryptocurrencies experienced a sell-off. Binance coin price continued to shine in late June 2018 with $16.71. Share. But for a small number of users there does appear to be some caching balance sync issues. Binance told traders that they would be given 30 minutes notice at some point during the day to allow them to “cancel orders, make deposits and withdrawals, and make asset transfers before trading resumes.”, Binance Smart Chain DeFi Project Hacked for $31 Million, Stellar XLM Edges Closer to a 35% Price Movement, VeChain Hits All-Time High, But Technicals Spell Trouble, Reef Finance Debuts as the First Polkadot Project on Binance Launchpool. The exchange was downed for four hours, during which various cryptocurrencies crashed. Another Twitter user, Roy The Boy, spoke to Crypto Briefing and stated he had lost faith in Binance due to the downtime. Trading contracts of polkadot, the ethereum rival that's soared over 1,000% since August, have suffered a 99% so-called flash crash on the cryptocurrency exchange Binance. Telegram. Changpeng “CZ” Zhao, the CEO of Binance, stated that there was a problem with the API end-point. Binance Coin is a cryptocurrency. Users of major U.S. bitcoin and cryptocurrency exchange Coinbase were left on the sidelines of the virtual trading floor after the exchange crashed … In Brief Leading crypto exchange Binance crashed for around one hour. Binance Crashed Balances Appear Zero. 2020 was an unprecedented year for the world and for crypto. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. LINE. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Binance Faces Outages as Bitcoin Price Crashes By 13%, Exchange Suspends ETH Withdrawls. Support from BCH nodes is split between 40%... Renaissance Technologies’ flagship Medallion fund has returned 24% year-to-date while most institutional funds have taken a beating. OMFG…….. Who is responsible for our loss????? Binance CEO Changpeng Zhao about the problem was informed by tweeting. — YeniDünya (@cryptoparafist) December 21, 2020, Twitter user Farhan Zubair stated that he bought into JUV “just minutes before the crash,” adding that he could have “sold at 5% loss, which is what I do. https://twitter.com/cz_binance/status/1362793874708570113. Traders caught in the midst of trading during the crash have reported severe losses. The price of the asset shot up by almost 50% only to crash immediately down to $197 and settle to where it’s currently trading on Binance. COMPENSATE OUR LOSSES!!!!!! The exchange has particularly strong volume in pairs like NEO/BTC, GAS/BTC, ETH/BTC, and BNB/BTC. Futures trading was unaffected. Servers for the two of the largest crypto exchanges in the industry, Binance and Coinbase, suffered brief downtime due to heavy traffic after Bitcoin broke above $20,000. The sharp price crash also led to a Binance outage as traders were unable to access the exchange for quite some time. Step 1: Go to the Binance registration page. The sharp price crash also led to a Binance outage as traders were unable to access the exchange for quite some time.. Happy New Year from all of us at Crypto.com Research! The popular crypto exchange Binance has been adding various projects to its ecosystem. Last Updated 2 minutes ago: Binance is a Chinese digital asset exchange currently sitting in the top 20 exchanges by volume. Earlier today, the entire cryptocurrency market experienced a brief crash and lost around $50 billion in market capitalization. The exchange has never been hacked and neither has the platform been breached. — Roy The Boy (@Roychengyouzhe) December 21, 2020. Microsoft and Bosch to develop automobile software, DCG Could Invest $ 250 Million In Bitcoin Fund, #PorOndeAnda: Dean Cain, and Superman de Lois & Clark, American Horror Story: see first image of season 10, Scientists want to build kilometer towers on the Moon, NASA releases audio of laser shots on a Mars rock, Xiaomi Mi 10S, Snapdragon 870 and 108 MP camera, The Trojan asteroids of Lucy and Jupiter: NASA’s target, The Flash 7×2: Barry’s new powers have consequences, Natalie Portman and Lupita Nyong’o as Lady in the Lake, MicroStrategy Receives $ 1 Billion Bitcoin, International Payments and the Role of Cryptocurrencies. It is a leading Cryptocurrency exchange.. Binance released a statement at 14:04 UTC on Dec. 21, announcing a complete suspension of “deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets.”. Following the crash, users rushed to social media to demand recompense for lost opportunities. Binance … Major cryptocurrency exchange Binance suspended some of its services due to service disruptions before restoring them. Get daily crypto briefings and weekly Bitcoin market reports delivered right to your inbox. While some projects are riskier and have high volatility, Binance adds them to its Innovation zone so that users are able to use caution while dealing with these fairly new projects. However, for many day traders, this was not good enough. In the past 12 hours, Binance Coin price plummeted by 22% down to $116. ReddIt. Just yesterday, ETH went through something similar. This is the second time Binance has gone down in the last week, also crashing on Dec. 16 amid high trading volume. The Nasdaq 100 Index has fallen about 8% since early February.Crash Landing on Stock Heroes of Yesteryear Is Worst in a DecadeMeanwhile, China’s main … Much like last month when Ether’s price on cryptocurrency exchange Kraken flash crashed to 0 from ,940 and then climbed back to ,780, this time a similar thing happened but on Binance. Tumblr. API. Binance barely rests on this problem. Meanwhile, bitcoin has been plunging in value since Monday, when bitcoin holders lost … COMPENSATE OUR LOSSES!!!!!! Bitcoin price crashed by 13% to trade under $50,000 registering a daily low of $48,900. Recovery of XRP Since the Crash in mid-March. Even our automated Chat Bot crashed due to overload earlier. First click the link to go to Binance’s registration page. @desimal90 @cz_binance @binance Having experienced your customer service I think there is a lack of understanding of most problems and most of the time we just get a copy paste answer from your helpdesk website. Read also: Binance founder faults cryptocurrency exchanges for ignoring Binance coin, XVS. Others found themselves on the verge of being liquidated. COMPENSATE OUR LOSSES!!!!!! Binance, Coinbase Crashed After Bitcoin Broke $20,000. Is Binance down? The price volatility is being attributed to the upcoming expiration of nearly $3 billion worth of Bitcoin Options this Friday. If this trajectory would have sustained, the price projection would be $20. The entire cryptocurrency market has suffered a brief crash losing $50 billion in market capitalization. Elon Musk has been promoting Dogecoin all week but the recent news has currently taken Bitcoin very close to $45k. Binance exploded onto the crypto world in the mania of 2017 and has since gone on to become the top crypto exchange in the world. Now I have to bear the entire loss. The one time that the exchange was suspected of being “hacked”, a third party API was misusing its access privileges for a pump and dump drive. The price volatility is being attributed to the upcoming expiration of nearly $3 billion worth of Bitcoin Options this Friday. ETH Price Going Crazy on Binance Perpetual Contract By. A Domino Effect is as legit as it gets in the digital asset industry and the market is up for a toss again as recent reports suggested that Tesla had invested a whopping $1.5 billion in Bitcoin over the month of January. During the sudden drop, lasting mere seconds, some $18 million of polkadot futures […] Twitter. There will be no changes to ADA trades on Binance during this update. COMPENSATE OUR LOSSES!!!!!! The world’s largest crypto exchanges crashed as Bitcoin finally reached new all-time highs. Official Binance API Documentation. Having done multiple customer support setups as part of my job i have quite a few suggestions to imp Save my name, email, and website in this browser for the next time I comment. On the topic of manipulation, there were also signs of substantial … General Seeing that BNB was increasing significantly with strong trends in all timepointa invested 50k in BNB now it has dropped and i lost 10k lol im going to hold because BNB should go back up (well i fucking hope so) At the time of writing, an AWS issue was reported at Binance. We do not give personalized investment advice or other financial advice. Binance polkadot futures contracts briefly dropped to under $1 on Friday before bouncing back to around $33. 0. While CZ assured users that funds and user data were intact, the downtime caused many users to miss their chance to sell as JUV token prices tanked 30%. Flash crashes aren’t entirely uncommon in crypto – Binance experienced one on Friday when it was hit with a sudden influx of orders for Polkadot trading contracts – … which can be used as a mediator when exchanging money, from one crypto-coin to another.It is started by the Binance Exchange. The exchange has also been having issues with ETH and ERC20 withdrawals due to traffic hitting ATH, ETH network congestion, and other unmentioned reasons. We are here with a last minute development. In 2017, ChangPeng Zhao founded a company called Beijie Technology.Beijie is the holding company that runs the Binance … Facebook. Step 2: Fill out the form by entering your email and password. The price declined beneath to $6.12 in early February 2018. Binance told traders that they would be given 30 minutes notice at some point during the day to allow them to “cancel orders, make deposits and withdrawals, and make asset transfers before trading resumes.” Trading resumed at 18:00 UTC. For some altcoins, it was rather brutal. — Nied ~ (@Niederknien) December 21, 2020. Cardano, which has become the third largest cryptocurrency, will experience a hard fork on March 2. We are here with a last minute development. The price volatility is being attributed to the upcoming expiration of nearly $3 billion worth of Bitcoin Options this Friday. Binance’s network crashes following Bitcoin-Tesla news. “Things seem to be more calm now. However, this decline didn’t stay for long. Traders were unable to capitalize on fluctuating prices, with many traders claiming losses due to a major downturn in the price of the recently-listed JUV token while trading was unavailable. At the time of writing this, XRP is valued at $0.192 indicating that it has recovered by a factor of 0.768x (76.8%) of the value before the Coronavirus crash. Binance derived from the words “Binary” and “Finance”. The Binance cryptocurrency exchange announced on Twitter at 9:20 AM GMT that it has “temporarily suspended withdrawals of ETH and Ethereum -based tokens due to high network congestion.” This makes for the second time in the past week that Binance has suspended its Ethereum withdrawals. There is an AWS issue affecting multiple exchanges. The Binance security history is spotless. During the crash, XRP dipped to as low as $0.10 from steady levels around $0.25. Bitcoin price crashed by 13% to trade under $50,000 registering a daily low of $48,900. The information on this website is subject to change without notice. Binance users took to Twitter to complain of major losses due to closed trading during a period of sudden downtime on Dec. 21. Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Check it out Has Binance Crashed. COMPENSATE OUR LOSSES!!!!!! After the issue, some users complained that their account balance appeared to be zero. VK. We are working on it. Decentral Media, Inc. is not an investment advisor. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Binance Coin was no exception. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. The outage was apparently caused by a gate issue. Matthew Cage-February 19, 2021. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities. WhatsApp. However, in one of its “healthy corrections”, the asset crashed by 20% in value, going as low as under $44,000 this Sunday. COMPENSATE OUR LOSSES!!!!!! Binance is still a young platform. The exchange claims the recent outage was primarily … Its latest addition to its innovation zone has been Mantra Dao […] Binance unexpectedly went down today for temporary maintenance. Pinterest. Binance P2P’s statement on anti-money laundering and illegal foreign exchange transactions Guides and rules for security cash trades Somag News is an online international news platform that founded in 2019 with a dynamic news team.Our news team includes reporters that has a speciality in different fields from each other. A guide to preventing Bank Accounts from being frozen in P2P transactions Preventing Common Fraud Activities What is Binance P2P “T+1” Withdrawal Limit? Stay in touch. Bitcoin Breaks Records,... Bitcoin Cash holders rushed to exchanges this week, transferring more than $250 million to trading platforms ahead of the disputed hard fork. The service outage occurred a few moments after its CEO Changpeng … The update is expected to take place on March 2. How to register? The Binance crypto trading experience, tailor-made for your Windows or MacOS device. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. The past couple of days have been somewhat challenging in the cryptocurrency market, as the entire capitalization saw around $150 billion wiped off. Popular DeFi protocol PAID Network saw its native token crash by more than 80% in minutes following what may have been yet another rug pull. Tw e ets have been flooding in by frustrated users to say the least, from all over the world. It immediately acquired 20,000 registered users as part of the raise. Binance CEO CZ plans to address the problem in more detail later. Polkadot’s DOT went through a major flash crash on Binance’s COIN-margined futures platform which saw its price reduced to $0.20. Servers for the two of the largest crypto exchanges in the industry, Binance and Coinbase, suffered brief downtime due to heavy traffic after Bitcoin broke above $20,000. Tidal Raises $1.95M to Bring Decentralized Insurance to The Fast Growing De... Binance crashed again in the exchange's second pause this month. New Trojan virus threat for Binance, Coinbase and other exchanges. So many places to improve on. The sharp price crash also led to a Binance outage as traders were unable to access the … Servers for the two of the largest crypto exchanges in the industry, Binance and Coinbase, suffered brief downtime due to heavy traffic after Bitcoin broke above $20,000. Business Dec. 16, 2020. COMPENSATE OUR LOSSES!!!!!! BNB bulls bought the dip pushing the digital asset back up by 10%. Binance the world’s most largest cryptocurrency trading platform by volume, has suddenly crashed. COMPENSATE OUR LOSSES!!!!!! The price of … Since February 6, 2018; BNB coin price has increased up to 200%. Naver. You have entered an incorrect email address! Get in touch. The Graph token has fallen 17.88% in value so far today, and Roy states that he will be looking to DeFi alternatives for trading in the future. Bitcoin price crashed by 13% to trade under $50,000 registering a daily low of $48,900. Flash crashes and massive positive wicks have taken place in the past. Service Outage Causes Losses for Binance Traders, Futures trading was unaffected. Why has BNB crashed?