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Binance Moves 63 Million XRP as Price RecoversXRP and BinanceBinance moved a significant amount of XRP across its wallets early Tuesday, a trend which could indicate significant customer demand as XRP price attempts a recovery.On-chain data shows that around 6:40 UTC on Tuesday, Binance made three large XRP transfers across its wallets. The exchange moved 20,634,685 XRP ($10.9 million), 21,235,383 XRP ($11.2 million), and 22,555,390 XRP ($11.9 million).While popular blockchain tool Whale Alert flagged the transfer as a movement from Binance to unknown wallets, further investigation revealed that Binance had also activated the XRP addresses that received the transfer.Specifically, the wallet addresses became active on January 3 and have since been used by Binance as hot wallet addresses to service customers’ XRP demand.A transaction trail showing users moving funds from it to other exchanges such as Bybit, Bitso, and Upbit. There are also transfers to the payment platform Payeer and prediction service Stake.com.While some of these exchange transactions involve internal transfers, others see movements to users’ cold storage addresses, where they are safely kept away as long-term investments.Meanwhile, on-chain transparency provides a basis for trusting cryptocurrency exchanges, as opposed to traditional financial systems where users have little visibility into fund movement.Binance, like most exchanges, already offers proof-of-reserve reports, assuring customers that funds are safe amid any type of market condition.XRP Begins RecoveryIt is also worth noting that the latest large XRP transfers by Binance have come at a time when XRP has begun making a recovery from its most recent lows.While XRP’s progress may not perfectly mirror the broader crypto market, investors in the cryptocurrency have more reasons to be hopeful than in despair.In the past week, XRP has gained over 5.5%, climbing from $0.4989 to $0.53 at the time of writing. The gradual recovery may be the preliminary phase of what many analysts believe will be a significant bull run for the cryptocurrency.Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.#Write2Earn

Binance Moves 63 Million XRP as Price Recovers

XRP and BinanceBinance moved a significant amount of XRP across its wallets early Tuesday, a trend which could indicate significant customer demand as XRP price attempts a recovery.On-chain data shows that around 6:40 UTC on Tuesday, Binance made three large XRP transfers across its wallets. The exchange moved 20,634,685 XRP ($10.9 million), 21,235,383 XRP ($11.2 million), and 22,555,390 XRP ($11.9 million).While popular blockchain tool Whale Alert flagged the transfer as a movement from Binance to unknown wallets, further investigation revealed that Binance had also activated the XRP addresses that received the transfer.Specifically, the wallet addresses became active on January 3 and have since been used by Binance as hot wallet addresses to service customers’ XRP demand.A transaction trail showing users moving funds from it to other exchanges such as Bybit, Bitso, and Upbit. There are also transfers to the payment platform Payeer and prediction service Stake.com.While some of these exchange transactions involve internal transfers, others see movements to users’ cold storage addresses, where they are safely kept away as long-term investments.Meanwhile, on-chain transparency provides a basis for trusting cryptocurrency exchanges, as opposed to traditional financial systems where users have little visibility into fund movement.Binance, like most exchanges, already offers proof-of-reserve reports, assuring customers that funds are safe amid any type of market condition.XRP Begins RecoveryIt is also worth noting that the latest large XRP transfers by Binance have come at a time when XRP has begun making a recovery from its most recent lows.While XRP’s progress may not perfectly mirror the broader crypto market, investors in the cryptocurrency have more reasons to be hopeful than in despair.In the past week, XRP has gained over 5.5%, climbing from $0.4989 to $0.53 at the time of writing. The gradual recovery may be the preliminary phase of what many analysts believe will be a significant bull run for the cryptocurrency.Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.#Write2Earn
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Get acquainted with this career talent, program and gain more insight about Binance and cryptocurrency as a whole. Trust me when I say Binance, has thought me a lot about various kinds of cryptocurrency and various kinds of tech involved in it.$USDC $BTC $ETH #Poloniex #BTC #ETH #etf
Get acquainted with this career talent, program and gain more insight about Binance and cryptocurrency as a whole. Trust me when I say Binance, has thought me a lot about various kinds of cryptocurrency and various kinds of tech involved in it.$USDC $BTC $ETH #Poloniex #BTC #ETH #etf
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Early Career Program: How Binance Gears up Early Career Talent
Main TakeawaysBinance Accelerator Program is a global Early Career Talent initiative. This is part of Binance’s commitment to nurture Early Career Talent and help shape the future of the Web3 Industry. Participants get on-the-job training and additional educational sessions helmed by Binance's key leaders.Workforce planning is much like putting together a complex puzzle, and every piece, big or small, plays an essential role in completing the image. For us at Binance, one such crucial piece-of-the-puzzle is the ‘early career talent.’ This blog spotlights our dedication to developing early career talent, the fresh minds helping us pioneer the Web3 industry. Particularly, we shed light on the Binance Accelerator Program (BAP) - our strategic initiative that draws in and nurtures exceptional students and fresh graduates worldwide, and its significance to the Binance ethos.The Binance Accelerator ProgramThe Binance Accelerator Program (BAP) echoes globally, registering its presence as a premier Early Career Talent Program. It offers an enriching journey for students and recent graduates, where participants get on-the-job training and real exposure to the Web3 industry. Participants are hired in a variety of Departments all over the world.  We supplement their practical experience with enlightening and educational sessions helmed by Binance's key leaders. Upon completion, top performers find themselves in our radar for permanent placements, considering our organizational requirements and business pursuits.We checked in with some of the program participants on their learning journeys and experiences thus far. Nate Nguyen, HR BAP, said: "Binance trusted [us] with real responsibilities from day one. I was given tasks and projects that contributed to the company's goals and objectives. This level of responsibility was challenging but incredibly rewarding, as I could see the direct impact of my work within the organization."  Emma de Suyrot, our Graphic Designer, said: “When you start at Binance, you immediately become a team player, handling unique projects that have a real-world market impact. Sure, it can be a bit daunting when you're starting out, but once you find your groove, the excitement kicks in and you begin to thrive. You're not alone in this journey - everyone is there to help, providing guidance and tips that can boost your skills.”Mahmoud Jawwad, Academy Business Development, said “My journey began at the Binance Blockchain Week in Paris, where I met Academy representatives and was invited for an interview several months later. From day one, I knew I was in the right company, surrounded by high-performing employees who care about creating value and are dedicated to a single mission: the freedom of money.”Jun Xiong Ong, FrontEnd Engineer, said “Coming into Binance, I expected a fast-paced environment with a steep learning curve, and Binance did not disappoint. However, what I didn't anticipate was the immense support and mentorship I'd receive. I thought I'd be a small cog in a vast machine, but in reality, I felt like a valuable member of the team from day one, entrusted with meaningful tasks and projects.”The Importance of Early Career TalentStudents and recent graduates come with a unique perspective, ready to question the status quo and uninhibited by legacy thinking or traditional constraints. Harnessing their innate curiosity and willingness to learn can catalyze innovation, a vital factor in our diverse industry. They are digital natives who know no world without the Internet. Their understanding of the digital realm makes them natural navigators of the rapidly evolving blockchain landscape.Binance firmly recognizes the value that early-career talent brings. They are not just temporary members but important contributors to our company's mission. As we step into the uncharted domain of decentralization, their role couldn't be more pertinent. Our BAP staff are not just working 'for' Binance; they are working 'with' Binance to foster a universal culture of open access to finances, thereby elevating and reinventing the financial landscape.In ConclusionOur dedication is deep-rooted; it is not just about investing in early career talent at Binance but about positively contributing to the entire crypto ecosystem. As we continue exploring the world of Web3, expect to see Binance standing tall as a beacon for the development and nurturing of early-career talent. We're excited about building the future of finance with, and for, the burgeoning leaders of the new digital age. Embrace the challenge, visit Binance's Early Careers portal, go over our current openings, and apply today! Further ReadingKickstart Your Web3 Career Early with Binance Binance’s AMP Summer Internship Kicks OffWhat are Binance’s Core Values?
Come close and get the chance to win a share of the reward. #USDT.
Come close and get the chance to win a share of the reward. #USDT.
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