Binance, the world’s largest cryptocurrency exchange had been in the news recently. It announced a while back, they would be hosting their first ever conference. They also announced that they had launched a new feature, through which, Premium Clients of Binance Can Now Operate Upto 200 Sub-Accounts.
According to the press release, Binance Blockchain Week, is supposed to be held in Singapore, in the months of January, and its itinerary will be inclusive of two events of massive consequence- the conference itself, which will be accompanied by a two-day “first-ever Binance SAFU (Secured Assets For Users) Hackathon.” As is indicated by its nomenclature, the hackathon with reportedly focus on developing blockchain-based tools in order to secure crypto assets.
CEO of Binance, Changpeng Zhao, who is better known in the crypto industry ar CZ, spoke at length about the project and said that Singapore had been chosen as the venue, as they considered it to be the “the finance and technology hub of Asia.” He also elaborated on questions of the participants for the conference and said that it will feature the “most notable players and thought leaders in the blockchain.”
Binance meanwhile has up to a lot of activity. they announced their plans to launch their own blockchain, the Binance Chain, in the coming months, in order to “help [the] advancement of the industry.” They also revealed the second preview of their upcoming decentralized exchange (DEX), which will also be a part of their Binance Chain initiative. During the World Investment Forum, which was hosted by the U.N. Conference on Trade and Development (UNCTAD) in Geneva, Switzerland, they also disclosed the establishment of the Blockchain Charity Foundation (BCF).