TechFlow news – On March 27, 2021, at the 14th Golden Cicada Awards Ceremony held during the China Times' annual institutional investor conference themed "Finance in 2021: Transformation and Confidence under the Dual Circulation Strategy," Binance was awarded "Blockchain Company of the Year 2020," recognizing and encouraging the contributions made by the "world's largest bitcoin brokerage" over the past year.
The China Times Financial Research Institute, together with a third-party financial research institute, stated that against the backdrop of Bitcoin's bull market, Coinbase's upcoming listing has drawn significant attention from within and outside the industry, with its valuation rising from $60 billion at the beginning of the year to over $100 billion. In addition to its exchange business, Binance Smart Chain (BSC) has also emerged as a dominant force in the industry, effectively addressing Ethereum's network congestion and high GAS fees.
