Tag Archives: Binance


How Binance’s Fiat-to-Crypto Exchange Addresses Key ICO Challenges in Singapore

  By David Drake   The world’s largest digital currency trading platform, Binance, started testing its beta version of fiat-to-cryptocurrency exchange in Singapore a few weeks ago. News about the launch of the fiat exchange were received positively as the country allows the use of virtual currencies and enjoys government support. But Binance’s decision to launch a fiat exchange in […]

Binance Moves to Uganda Just Weeks After Launching Tests on Beta Version in Singapore

  by David Drake    Just weeks after rolling out the testing phase for a Beta Version of the Singapore Fiat Exchange, Binance is on the news again having opened its first fiat-crypto exchange in Uganda this week. According to a press release by Binance Uganda, the newly launched branch is set to begin operations shortly, allowing users to make […]

Binance Launches Beta Fiat Cryptocurrency Trading Platform in Singapore

  By David Drake   The cryptocurrency industry has attracted the interest of potential investors due to its rapid growth and high returns over the years. This has significantly increased the role that cryptocurrency exchanges play in the industry as users buy and sell cryptocurrencies. Binance is one of the exchanges that is making headways in the industry. Since its […]

Will Singapore Maintain its Edge in ICOs After Beta Testing Fiat-Crypto Exchange?

  by David Drake     Singapore’s third ranking as the most favorable country for successful initial coin offerings (ICOs) has just gotten better. Binance, the leading cryptocurrency exchange in the world, now with a trading in volume comparable to Nasdaq, has introduced a fiat-cryptocurrency exchange in the country. This exchange is compatible with the Singapore dollar and is presumed to […]

Will Investments by Ripple and Binance Accelerate Future Adoption of Blockchain?

  by David Drake   The need to encourage responsible innovation in the cryptocurrency space has received a huge boost. Ripple, a cryptocurrency and payments start-up has committed $50 million to a research program called the University Blockchain Research Initiative. The program has already partnered with 17 universities across the world to facilitate research and development in cryptocurrency, blockchain and […]

Top 5 Ways Blockchain is Going Mainstream in the Business World

  by David Drake   Global spending on research and development has reached $1.7 trillion. 80% of this amount was spent by only 10 countries, the highest being the United States, followed by China and Japan in terms of percentage GDP. To a large extent, research and development spending reflects the importance a country places on innovation, which is the […]

How Impact Seeding and Research will Impact the Future of Blockchain

  by David Drake   Startups in the cryptocurrency space are not just after disrupting the status quo, they are aiming at providing venture capital, competing with traditional early stage investors. Early this month, Binance, the leading cryptocurrency exchange in terms of trade volumes declared that it was setting aside $1 billion in a Social Impact Fund to finance cryptocurrency […]

Will Funds from Ripple and Binance Catalyze the Adoption of Blockchain Technology?

  by David Drake     Smooth-functioning, transparent and resilient financial systems are important for the economic development of countries. This is the reason why blockchain technology has the potential to transform the financial sector and, by extension, the entire global economy. Although this technology has made significant headway in the mainstream financial sector, its potential is far from being fully […]

Can Blockchain Funds Ensure Lasting Results for the Cryptocurrency Industry?

  by David Drake     Research and development are critical components of driving innovation because they allow for the development of new technologies, knowledge and techniques. With changes in technology, people are able to generate more outputs with the same amount of resources, and sometimes even fewer resources – an aspect that increases productivity. At the same time, startups that […]

How Research and Social Impact Initiatives will Accelerate Blockchain Application

  by David Drake     Impact investing is trending globally, attracting both individual and institutional investors.  At the beginning of 2016, the global ‘impact’ market stood at just below $23 trillion. On May 31, 2018, a leading cryptocurrency trading exchange, Binance, joined impact investing when it announced plans to launch a $1 billion venture capital fund dubbed the “Social Impact […]