Binance News
Binance Clarifies Forbes Report and Calls It an Intentional FUD
Binance, the largest crypto exchange, has refuted the claim by Forbes that the business secretly moved $1.8 billion in collateral designed to support the Binance stablecoin, BUSD. “While Binance has...
Top 20 Dogecoin (DOGE) Whale Moves Millions Of DOGE to Binance
The crypto market is still mostly bathed in red today, and the same can be said for Dogecoin (DOGE). The crypto market tracking website CoinMarketCap indicates that DOGE is currently...
U.S DEA Seized $2.2 Million From Six Binance Accounts Last Year
The United States Drug Enforcement Agency (DEA) seized cryptocurrencies worth millions from multiple Binance accounts last year. The funds were associated with narcotics sales and drug trafficking from outfits based...
Binance.US Launches Active Trading for Shiba Inu (SHIB)
Binance.US has launched the trading of Shiba Inu (SHIB), the famous meme coin token on its platform. In what looks like a replacement, the exchange delisted a related token, Kilo...
Australian Securities & Investments Commission Reviewing Binance
The Australian Securities and Investments Commission (ASIC) announced on Friday that it is investigating Binance Australia’s derivatives business more closely. Following Binance’s admission that 500 of its Australian customers had...
Binance Adopts Semi-Automated Process to Manage Token Reserves
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
Binance.US Acquisition of Voyager Assets Faces Regulatory Opposition
Binance.US’s plans to acquire defunct crypto lender Voyager assets for $1.02 billion has hit a significant roadblock, as New York and U.S. federal financial regulators oppose the deal. The Securities...
Binance Assures Transparently Backed Assets: Semi-Automated System
The leading crypto exchange Binance has reportedly shifted to a “semi-automated” process with the intention to manage the reserves of the tokens the company issues. The shift is a move...
Binance’s CZ Disagrees With BIS Chief’s Stance On Crypto Vs Fiat
Binance CEO Changpeng Zhao has responded to the comments made by Bank of International Settlements President Agustin Carstens about the historic tussle between cryptocurrencies and fiat currencies. CZ’s response came...
Paxos Reiterates Commitment to Regulation, Ends Binance Relationship
Charles Cascarilla, the CEO and co-founder of the regulated blockchain infrastructure platform, Paxos Trust Company reiterated the company’s commitment to regulation, resolving the ambiguities and anxieties among the community regarding...
Binance CEO Responds To Offshore Regulation Comments By Kraken CEO
Binance CEO Changpeng Zhao responded to the recent comments made by Jesse Powell, CEO of rival crypto exchange Kraken, regarding the treatment of off-shore crypto entities by regulators in the...
USDC On Binance Increases Post BUSD News; Crypto Analyst Impressed
Crypto journalist Martin Lee tweeted that he is impressed by the major USDC increase on Binance following the “BUSD news.” He stated that Binance has observed a 1.5 billion USDC...
BNB Chain, Avalanche, NEO: Top China-Related Coins On Binance
Founder and CEO of AltCryptoTalk, Sjuul tweeted a list of all the China-related coins on Binance as part of “China’s Reopening Theme – Binance listed project,” updated as of January...
Ex-Binance Labs Chairman Seeks $100 Million Venture Fund
According to a Bloomberg report, Bill Qian, who supervised venture capital investments and acquisitions at Binance Holdings Ltd., is attempting to raise more than $100 million for a cryptocurrency venture...
Data Shows Binance Is Now the New Leader of Derivatives after FTX
According to a blog post by Kaiko, an institutional-grade crypto market tracker, the Binance exchange has taken over from FTX as the market leader in the perpetual futures space, with...
Binance CEO Tweets About Falling BUSD Market Capitalization
Earlier today, leading crypto exchange Binance’s CEO, Changpeng Zhao tweeted that the BUSD market capitalization has dropped from $16.1 billion to $13.7 billion. He added that most of it has...
Binance Moved $400M From US Partner to Firm Affiliated With CZ
Reuters has reported that according to banking records and internal company messages, Binance had unauthorized access to a bank account that belonged to its ostensibly independent U.S. partner. This access...
Binance Expects Fines From U.S Regulators to Settle Investigations
Binance, the world’s largest crypto exchange, is expecting to shell out a considerable sum of money to pay regulatory agencies in the United States. The exchange’s Chief Strategy Officer recently...
Binance and Huobi Freeze Accounts Holding 1.4M Stolen Digital Assets
The leading crypto exchanges, Binance and Huobi have reportedly frozen accounts comprising almost $1.4 million worth of crypto assets connected to the Lazarus Group’s Harmony Bridge heist in June 2022....
CZ Announces zk-SNARK Proof-of-Reserve System Integration
The CEO of Binance Changpeng Zhao announced that the Binance Proof-of-Reserve (PoR) system has now been integrated with zk-SNARK, a zero-knowledge verification method, over a tweet. Hoping that it would...
Binance Says Complete Audit of its Finances May Take A While
A complete audit of Binance’s assets and liabilities may take longer than anticipated. The world’s largest crypto exchange has been looking for an accountant to cater to its balance sheet...
Binance Halts USD Transactions Temporarily from February 8
The biggest cryptocurrency exchange Binance announced that the firm would temporarily suspend US dollar transactions from February 2023. Though the company failed to provide further explanation for halting the transactions,...
Binance Launches Binance Tax: A Crypto Tax Calculating Tool
The world’s leading blockchain ecosystem Binance officially announced the launch of Binance Tax, a crypto tax calculator that helps estimate and comprehend the user’s crypto tax liabilities “at no cost”....
BabyDogeSwap Celebrates 16% TVL Win Over ShibaSwap On Ethereum
BabyDogeSwap announced that it has surpassed ShibaSwap in terms of Total Value Locked (TVL) on Ethereum, and has been featured on Binance’s feed. The Twitter account of BabyDogeSwap excitedly shared...
BlockSec Asks Binance Coinbase and MEXC to Help Phishing Victims
The on-chain auditing platform BlockSec has called on Binance, Coinbase, and MEXC Global to investigate a phishing report from one of its users. According to the report, BlockSec traced ETH...
