CryptoMediaClub
Tuesday, July 1, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Binance approves Shiba Inu as collateral asset

06.08.2023
A A
0
123
VIEWS
ShareShare

Crypto exchange Binance is adding 22 new loanable and collateral assets to its Flexible Loan and VIP Loan service, the exchange announced on Aug. 4.

In its official statement, Binance disclosed several new collateral assets, including Shiba Inu (SHIB), Compound (COMP) and Theta (THETA). This development has also fueled speculation about the potential listing of Bone ShibaSwap (BONE) tokens on Binance, coinciding with the upcoming launch of the layer-2 blockchain, Shibarium, anticipated to take place in August.

The cryptocurrency exchange concurrently announced the addition of 22 cryptocurrencies as loanable collateral assets on its Flexible Loan and VIP Loan services.

Screenshot of Binance’s new collateral assets announcement. Source: Binance

According to the announcement, Binance has expanded its Flexible Loan service by including eight new loanable assets. Its VIP Loan service has been expanded with six new loanable assets.

In a separate announcement, Binance introduced Nem (XEM) as a newly available borrowable asset. The XEM/USDT pair is now supported on the cross-margin trading platform.

Following the Shibarium testnet PuppyNet launch, BONE has been listed on various cryptocurrency exchanges, including OKX, Huobi and Crypto.com.

Related: BTC price risks new sub-$29K dip as Binance fears test Bitcoin bulls

Binance is considering the listing of the BONE token, and its potential inclusion is contingent upon the forthcoming Shibarium mainnet launch, which fulfills one of the listing prerequisites for new tokens. The project’s lead developer, Shytoshi Kusama, had previously disclosed the possibility of the Shibarium launch happening in August.

Magazine: Deposit risk: What do crypto exchanges really do with your money?

Share9Tweet6ShareSharePin2

Related Posts

Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets
Blockchain

Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

30.06.2025
0

Skip to content

Read moreDetails
Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

25.06.2025
TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain

20.06.2025
Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

20.06.2025
Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

13.06.2025
Load More
Next Post
NFT gas usage shows downward trend, signals shift in landscape

NFT gas usage shows downward trend, signals shift in landscape

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Chile Edging Closer to CBDC Launch

Chile Edging Closer to CBDC Launch

1 year ago

Pantera predicts 322% Bitcoin price surge to $148k after halving in 2024

2 years ago
Mastercard Expands Cryptocurrency Payment Use Cases

Mastercard Expands Cryptocurrency Payment Use Cases

7 months ago
Solana Price Prediction as SOL Bounces 6.7% – New Rally Starting?

Solana Price Prediction as SOL Bounces 6.7% – New Rally Starting?

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

Circle to Establish National Trust Bank in U.S.

Malaysia Crypto Trading Hits Record $2.9B as Regulator Proposes Sweeping DAX Reforms

Is the Bitcoin Uptrend Over? Analysts See Momentum Waning After 3-Month Surge

Bitcoin’s Astonishing Evolution: A New Trading Pattern Emerges

Eric Trump-Backed American Bitcoin to Purchase BTC Mining Equipment, Raises $220M

Trending

Why Plugging OpenAI into DeFi Isn’t Enough
All news

Why Plugging OpenAI into DeFi Isn’t Enough

01.07.2025
0

Key Takeaways: Plugging OpenAI into DeFi doesn’t decentralize AI — it just adds another interface layer. True...

Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

Connecticut Goes Anti-Crypto as Governor Lamont Signs Bill Banning State Digital Asset Investments

01.07.2025
Chainlink Launches Universal Solution for On-Chain Compliance Automation

Chainlink Launches Universal Solution for On-Chain Compliance Automation

01.07.2025
American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

01.07.2025
Circle to Establish National Trust Bank in U.S.

Circle to Establish National Trust Bank in U.S.

01.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz