February 25, 2019

Binance stole Blocknet information and used it to create a new DEX platform?

The launch of the network for Binance DEX has become an important event for the entire cryptocurrency community. Although there is information that the Binans Exchange used the information from the Blocknet project, which has its own BlockDX crypto-exchange.


It is known that last summer, a startup submitted a request to Binans with a request to list its coin. As part of the standard procedure, it was necessary to provide data on the target audience, the product itself and the developers. In addition, the company requested from Blocknet and answers to additional questions. They dealt with the reasons for creating DEX, infrastructure, ways to resolve the issue of DNS domains, etc.

After providing all the necessary information, the staff of the startup waited a month. And then already suspected about the story "with a smack".

Interestingly, Binans announced the launch of a new site almost a year ago. Therefore, the study of technology start-up is, at least, strange. By the way, Blocknet was never able to add its coin to the listing of Finance, the request was denied.

Despite the fact that Binance is considered one of the key players in the cryptoindustry, stories like Blocknet have already appeared. The startup had to be careful in revealing important information about its project.