Binance News
Binance’s KYC Policies Under Scrutiny After Hamas Accounts Suspended
Crypto analyst Adam Cochran sparked debate on X (previously Twitter) over Binance’s know-your-customer (KYC) policies after highlighting suspicious accounts. Replying to a post showing now-closed Binance accounts allegedly tied to...
Circle Joins as a “Friend of the Court” in the Binance vs. SEC Case
Circle, the issuer of the USD Coin stablecoin, has been granted by the court as the amicus curiae in the ongoing legal dispute between the world’s largest exchange, Binance, and...
Crypto Giants Binance, Coinbase Now Operate Under New UK Regulations
The largest crypto exchange, Binance, alongside the leading US-based exchange, Coinbase, now operates a trading platform for U.K. residents under the new regulations in the country. CryptoBusy, a renowned Bitcoin...
US CPI Data and Binance vs. SEC Hearings: What to Expect
According to a member of the Binance community identified as Imtiazzavi, Bitcoin’s price could revisit the $26,400 to $26,200 price region if the break below $27,000 sustains. Imtiazzavi projected after...
Binance CEO’s $1 Billion IRI Project Fails to Raise Estimated Fund
According to a recent Bloomberg report, the Industry Recovery Initiative (IRI), a proposal initiated by Binance CEO Changpeng Zhao following the FTX debacle, has not been successful. Failing to achieve...
Analyst Unveils Mysteries Within Binance and Hamas Terrorist Group
In a distressing turn of events, Hamas, the militant group connected with a previous allegation of Binance, has launched an unprecedented attack on Israel, killing more than 200 individuals. The...
Venture Capitalist Calls Out Binance For No ‘Proper Accounting System’
Venture capital fund Cinneamhain Ventures partner Adam Cochran recently called out Binance’s U.S. subsidiary for the lack of an accounting system, maintaining minimal records, and struggles to effectively generate an...
Forbes Likens Binance to FTX, Argues It Is in an “Existential Crisis”
The largest crypto exchange, Binance, has come under scrutiny again amid claims that the exchange holds the overwhelming majority of the supply of its native token, BNB. In a recent...
Binance May Delist 31 High-risk Tokens with a Market Cap of Nearly $2B
In a recent statement, the largest trading platform, Binance, announced its plan to extend the risk tag it gives to certain digital assets to encompass several additional tokens. The exchange...
Binance CEO Refutes SEC Claims, Denies Binance.US Ties to Ceffu
Binance CEO and co-founder Changpeng Zhao took to X (Twitter) to deny alleged connections between Binance.US and crypto custodian Ceffu. His post came on the heels of a U.S. court...
Paradigm Files Amicus Brief in the SEC-Binance Lawsuit: Report
Paradigm files an amicus brief in the SEC lawsuit against Binance. The platform points out the SEC’s “capacious” and “unreasonable” norms, highlighting the need for Congressional authorization. Per their official...
CZ Explains Migration Process in Wake of Binance’s Russia Exit
CEO of Binance Changpeng Zhao provided clarification after announcing the sale of Binance’s Russia business to digital asset exchange CommEx, which launched on September 26 and is backed by crypto...
Binance EUR Deposit Partner Bank Dumps Binance, Critic Reacts
In a recent announcement, Binance reported that Paysafe Payment Solutions Limited (Paysafe) has unilaterally ceased processing EUR deposits for its users. The unexpected decision has prompted Binance to issue a...
Binance Opts Turkey’s Istanbul for Binance Blockchain Event
Turkey garners attention in the highly competitive crypto space with its tremendous crypto-friendly environment and stupendous crypto adoption. Acknowledging the vast opportunities of the transcontinental country, Binance has chosen Istanbul...
11 Key Executives Leave Binance in 9 Months, What’s Truly Happening?
Binance, the largest crypto exchange, has witnessed a noteworthy exodus of at least ten critical executives from various departments over the nine months of 2023. These departures have not gone...
Binance Market Share Among non-USD Exchanges Drops by 25%
More troubles loom for cryptocurrency exchange Binance following a recent report that its market share among platforms that do not support US dollar trading has taken a significant hit. The...
Binance Co-Founder Rallies Team Amid Regulatory Pressure, Fierce Competition
Binance Co-Founder Yi He penned an open letter urging the crypto exchange’s team to stay resilient while navigating escalating challenges from regulators and competitors. With Binance facing lawsuits, restrictions, and...
Binance To Fully Exit Russia Following Sale To CommEX
Binance, the world’s largest crypto exchange, is set to exit the Russian crypto market. The crypto giant is selling its local business to fellow crypto exchange CommEX, for an undisclosed...
Binance’s Hot Wallet Tops Ethereum Gas Consumption Charts
The analytics platform Kaiko announced on X that one of Binance’s hot wallets briefly took the lead as the highest consumer of gas on the Ethereum (ETH) network. Binance attributed...
Binance Relaunches in Belgium, Taps Japan with Stablecoin Move
Binance Belgium, the sister arm of the largest crypto trading platform, Binance, has announced the reopening of registrations for residents of Belgium on its platform. The exchange proclaimed the development...
Could Bitcoin Crash to $5,000 Following a Collapse of Binance?
Binance remains under stern scrutiny from regulators and the community. Debate rages as some question the legitimacy of Bitcoin in such a scenario. Crypto influencer Rover predicts Binance collapse could...
Crypto Lawyers Weigh In as Binance Files Motion to Dismiss SEC Lawsuit
The largest crypto exchange, Binance, has filed a motion to dismiss the legal case brought against it and its founder, Changpeng Zhao, by the U.S. Securities and Exchange Commission (SEC)....
Stop the SEC Now: Binance CEO CZ Runs to Court to Dismiss SEC Suit
Crypto exchange Binance Holdings Limited and CEO and co-founder Changpeng Zhao approached the court on Thursday to dismiss the U.S Securities and Exchange Commission (SEC) lawsuit against them, a Bloomberg...
Binance Wallet Spends Over $1 Million In Gas Fees In One Day
Earlier today, venture capital firm, Cinneamhain Ventures’ partner, Adam Cochran tweeted that Binance‘s gas expenditures amounted to nearly $1 million in just one day. According to data from Etherscan, Ethereum...
Is Binance Truly Delisting All Stablecoins in Europe Due to MiCA?
A recent report claimed a Binance executive has warned about the potential delisting of stablecoins from the European market. The impending threat resulted from the upcoming European Union (EU) rules,...
