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.
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