Binance News
Binance Increased Compliance Budget by 35% Amid Regulatory Scrutiny
Binance’s compliance budget is now $213 million, up from $158 million last year. The surge mirrors efforts to fortify its regulatory standing amid mounting scrutiny.…
Binance Freezes $4.2 Million in XRP to Aid Ripple Recover Stolen Funds
Binance freezes $4.2 million worth of XRP that was stolen from Chris Larsen’s accounts in a recent hack. While ZachZBT reported a 213 million Ripple…
Binance Customers Can Now Use External Custodians For Their Assets
Binance has begun to allow some traders to keep their assets at independent banks. Customers demanded external custody following Binance’s recent regulatory challenges. Some Binance…
Binance Survey: 73% of European Binance Users Bullish on Crypto’s Future
In the Binance survey, 73% of Binance users are optimistic about crypto's future, indicating strong continental faith in digital currencies. Over half of European Binance…
Binance Labs Denies Participating in SkyArk Chronicle’s Funding Program
Binance Labs Fund has denied participating in a recent funding exercise by SkyArk Chronicles. According to Binance Labs, it incubated SkyArk Chronicles in 2021 through…
The SEC Claims Binance is Yet to Produce Crucial Documents in Ongoing Lawsuit
A joint report has outlined the status of the case between the SEC and Binance Holdings Ltd. The SEC claimed BAM is yet to produce…
Binance Research Predicts 6 Bullish Trends for 2024 in Crypto
Binance Research predicts a boost in Bitcoin with the approval of a Spot Bitcoin ETF. Ethereum is expected to see advancements in 2024, including liquid…
ALT Coin Explodes 5,380% from $0.006 to $0.3288 on Binance: Details
The ALT token opened for trading at $0.006 and surged 5,380% to $0.3288 in minutes. This came after a six-day farming schedule offering 500,000,000 tokens…
Court Denies Changpeng Zhao’s Fourth Attempt to Flee the US: Report
The U.S. court denied Changpeng Zhao’s request to travel to Abu Dhabi despite offering Binance equity of $4.5 billion as security. Zhao reportedly intended to…
Binance Slams SEC’s Hypocritical Stance on Crypto Regulation: Report
During the recent court hearing, the Binance lawyers criticized the SEC’s hypocritical stance on crypto regulations. The regulators apparently remained silent while the judge asked…
