The head of cryptocurrency exchange Binance Changpeng Zhao (CZ) has confirmed the exchange is working on its own cryptocurrency mining pool.
CZ posted a tweet in which confirmed that the Binance mining pool is coming soon. The date of the launch and other details, including fees are yet to be known.
Yes, there is a #BinanceMiningPool coming soon. 👀
— CZ Binance 🔶🔶🔶 (@cz_binance) April 1, 2020
A new addition to our suite of #BinanceFinance products we offer including: Staking, Earn, Savings and Loans.#useBNB https://t.co/hYa48hynX4
The Binance CEO also added the exchange is going to add new features, including staking, earn, savings and loans.
In the meantime, the exchange is planning to acquire CoinMarketCap, a platform created to track the capitalization of different cryptocurrencies and exchanges.
The platform is reportedly in the final stages of negotiation and would be willing to pay around $400M.
Earlier iHodl reported Binance launched of Binance KR, a new cryptocurrency exchange in South Korea, as well as of a won-pegged stablecoin.
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