Binance announced the release of the genesis block …

Binance Announces Genesis Block And Soon Opening Of Singapore Exchange

Cryptocurrency exchange Binance this Thursday announced the release of the genesis block, without specifying the details of the current event.

“Today marks the birth of a new genesis block. Ready?” – wrote the exchange on Twitter.

A genesis block is the first block released on the blockchain. Earlier, Binance CEO Changpeng Zhao admitted that his company’s decentralized exchange would launch on the mainnet before the end of the month..

“Difficult day!” – he commented on today’s announcement.

The CFO of Binance Wei Zhou, in turn, clarified that the opening of the crypto-fiat exchange announced last year in Singapore will take place next week..

Binance announced the release of the genesis block ...

“Next week we are planning to launch a simple platform in Singapore for buying and selling cryptocurrency. It will be a new product because it will make it very easy for users in Singapore to buy and sell bitcoin for Singapore dollars, ”he said at Blockchain Week in Paris. “We have plans for the United States, but I cannot disclose them now.”.

Against the background of these statements, the Binance Coin price rose above $ 20, thus getting a little closer to the all-time high, recorded around $ 24 in January last year..

Binance announced the release of the genesis block ...

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