- The cryptocurrency market is struggling to gather strength, with Bitcoin rebounding from the critical $60,000 mark and altcoins’ bullish moves remaining weak.
- In this negative atmosphere, leading crypto exchange Binance has announced its 54th Launchpool project.
- Binance has chosen Notcoin (NOT) for its 54th new coin mining project, opening the door for users to mine Notcoin (NOT) using BNB and FDUSD.
Binance announces its 54th Launchpool project, Notcoin (NOT), amidst a struggling crypto market. Users can now mine NOT using BNB and FDUSD.
Binance Launches 54th New Coin Mining Project
Leading crypto exchange Binance has selected Notcoin (NOT) for its 54th new coin mining project. In this context, it has opened the door for users to mine Notcoin (NOT) using BNB and FDUSD. Users can deposit BNB and FDUSD into the NOT mining pool on the Launchpool website after 03:00 (TSI) on May 13 to earn NOT rewards. NOT can be mined for a total of 3 days.
Binance to List Notcoin (NOT) on May 16
Binance will list Notcoin (NOT) on May 16 at 15:00 (TSI). In addition, the exchange will open NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY trading markets. The crypto exchange also noted that the ‘seed’ tag trading rules will apply for NOT.
Binance Denies WSJ’s Market Manipulation Claims
The Wall Street Journal made some allegations about Binance today, which the exchange has categorically denied. The accusation, obtained from inside and internal documents, alleged that Binance Holdings Ltd allowed some users to manipulate the market. However, the giant crypto exchange categorically denied these accusations and emphasized its commitment to maintaining strict market surveillance protocols. Over the past three years, Binance has taken decisive steps against market abuse by removing approximately 355,000 users who violated terms of use from the market, with a total trading volume exceeding $2.5 trillion.
Conclusion
Despite the challenging climate in the crypto market, Binance continues to innovate with the launch of its 54th Launchpool project, Notcoin (NOT). While facing allegations of market manipulation, the exchange remains committed to maintaining a fair and transparent trading environment. As the crypto market continues to evolve, it will be interesting to see how Binance and other exchanges adapt and respond to these challenges.
