Last week, the best cryptocurrency exchange in the field, Binance, added plenty of new coins to its trading platform.
New margin assets would be the stablecoin US Dollar Coin (USDC), Litecoin (LTC) and Ethereum Classic (ETC). A similar three may also be borrowable assets. There are also added margin trading, while using the margin pairs:?BTC/USDC, LTC/USDT, LTC/BTC, ETC/USDT and? ETC/BTC.
This announcement comes among a slate of others which occurred a week ago, many of which happen to have been made through the entire?Twitter of Binance CEO, Changpeng Zhao or ‘CZ’, who may have more than 400K twitter followers and has been termed an ‘ambassador’ for cryptocurrency. Most of these updates will include a partnership with Crypto.com, the announcement of any ICO on the Binance Launchpad for the startup Perlin, the enabling of margin trading for Canadians, expansion into the European market which has a London office, and also the introduction of recent stablecoins on Binance DEX.
These updates saw an astronomical surge in the need for Binance’s cryptocurrency, the Binance Coin (BNB), last week, despite industry-shaking news of one’s KYC data leak of Binance users.?The token had previously been worth around $6 this period last year but is right now worth $30. The coin have been growing especially fast the previous week, which includes a near-11% growth.
The growth was beneficial for Binance, after the KYC leak. An?unidentified individual had leaked 100s of images containing personal KYC (Know Your Customer) data of Binance users, like their passports, licenses pictures. While these images were leaked recording on the dark web, last Wednesday anyone asked Binance for the ransom of 300 BTC family pet not leaking the images on major internet marketing platforms. When Binance didn’t comply, your information dump started occurring on Telegram, the messaging platform.
Binance confirmed the pictures cant be found taken from its servers, as they lacked the hidden digital watermark which the company places as a general security measure. They suspected it has been taken from a third-party who that they contracted previously.