Binance News
SEC Suspects Binance’s Overseas Trade Violates Federal Securities Law
The SEC alleges Binance of violating the federal securities law as it relies upon Ceffu. With the help of Ceffu, Binance allegedly moved company assets overseas. The filing also accuses...
Binance’s CEO Believes FTX Collapse Brought More Regulations
Binance CEO Changpeng Zhao said the regulatory atmosphere in Singapore around crypto became more conservative after FTX’s collapse, according to a Bloomberg report. He added that similar measures are being...
Crypto Industry Braces for Binance’s Response To SEC’s Sealed Filing
The crypto community closely watches as Binance’s hearing in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) inches closer. Today is the last day for the crypto...
Binance NFT Marketplace Ends Support For Polygon Network
The NFT marketplace of the world’s largest crypto exchange in the world has announced that it will discontinue The Sandbox NFT Staking Program later this month. Furthermore, the Binance NFT...
10 Million CHZ Transfer To Binance Identified As Grant By Chiliz
The 10 million CHZ transfer to Binance last month has been identified as an investment grant from Web3 startup Chiliz. The crypto transaction involving millions of CHZ tokens had induced...
Crypto Community Defends Binance Amid Prevailing Rumors and FUD
Binance has recently been bombarded by a series of rumors concerning lawsuits, the departure of chief executives, and more, immersing the community in a sphere of FUD. Binance CEO Changpeng...
Binance CEO Announces Exit of Key Executives in Russia Amid Growing FUD
Binance Changpeng Zhao announced the departure of key executives in its Russian branch. The two top executives, Gleb Kostarev and Vladimir Smerkis, made the announcements today. The departures have raised...
Binance Launches Stablecoin Pairing With FDUSD Featuring SOL, XRP
Leading crypto exchange Binance has announced support for some of the most popular cryptocurrencies alongside its First Digital USD (FDUSD) stablecoin pairing. According to the announcement, Binance will open trading...
Binance Crushes OKX, Bybit With Over 200% More Crypto Derivative Volume
Despite the continued rounds of FUD and panic calls against the Binance exchange, data shows the trading platform remains a leader in crypto derivative trades. According to information from the...
TUSD Trumps BUSD in Supply Showdown Amid Binance Regulatory Fallout
For the first time since Binance’s BUSD launch, TrustToken’s TUSD has surpassed BUSD’s market supply following recent regulatory setbacks. According to data from September 5, TUSD’s circulation now exceeds BUSD’s...
Binance’s Executive Exodus Continues as Global Head of Product Resigns
In the latest of a series of executive resignations this summer, Binance‘s global head of product, Mayur Kamat has quit the company, according to Reuters. Reportedly, Kamat confirmed his exit,...
CZ Responds to FUD and Ensures Binance’s Financial Stability
Binance CEO Changpeng Zhao recently addressed various questions about Binance’s situation in a recent X (formerly Twitter) space. He responded to FUD (fear, uncertainty, and doubt) questions, and ensured the...
Uniswap Court Ruling Positive For Future Of DeFi: Binance CEO
Binance CEO Changpeng Zhao called court judgment in favor of Uniswap “positive.” Zhao noted that regulators in Japan, Dubai, And Hong Kong are becoming more accepting of crypto. He denied...
Crypto Exchange Binance Loses Another Executive Amid Legal Trouble
The world’s largest crypto exchange has lost a fourth executive in less than two months. Leon Foong, Binance’s Head of Asia Pacific Market, has reportedly resigned from the crypto exchange...
Binance Urges Users to Convert BUSD Holdings as Support Ends in 2024
The largest crypto exchange, Binance, may ultimately withdraw support for its stablecoin BUSD in the coming years. According to crypto market participants on X, the exchange has revealed its intention...
Crypto Lawyer Shares Take On SEC’s Sealed Motion In Binance Lawsuit
Crypto lawyer John Reed Stark recently highlighted the Securities and Exchange Commission’s motion to file documents under seal, in the enforcement action against Binance. Stark, who previously served as the...
StepN is the Most Profitable Binance Launchpad Project Since 2022
StepN, the blockchain project that allows users to earn money by engaging in physical exercise, is the most profitable crypto project on the Binance Launchpad since 2022. Data from CoinGecko,...
Binance to Delist 9 BUSD Margin Trading Pairs in September, Here’s Why
In an official announcement, the largest crypto exchange, Binance, revealed its decision to delist several margin trading pairs. The pairs to be delisted largely comprise the trading pairs of Binance...
DWF Labs Withdraws 2M $CRV Tokens from Binance for Inventory Management
Digital asset market marker and Web3 investment firm DWF Labs has transferred 2 million $CRV tokens, worth $972K, from Binance a week after it deposited the tokens in the crypto...
Binance Re-evaluates Services, Plans for a ‘Full Exit’ from Russia
According to a recent report dated August 28, the prominent crypto exchange Binance has been reassessing its services in Russia in light of the regulatory challenges. The Wall Street Journal...
Binance Set to Remove PEPE and ADA Pairs From Liquidity Swap
Binance, the leading cryptocurrency exchange, announced the removal of selected liquidity pools from its platform. According to the announcement, Binance will implement the removal on September 1, 2023, and will...
Binance Lightning Network Surge in Growth, Becomes 14th Largest Node
Recently, prominent Chinese reporter Colin Wu shared some noteworthy developments concerning Binance’s involvement in the Bitcoin Lightning Network. In the tweet, Wu cited information from Amboss Space, a lightning network...
Binance Aided Investigative Action That Led to Arrest of ISIS Members
The world’s largest crypto exchange, Binance, says intelligence provided by its investigations team helped in the recent arrest of prominent and wanted members of a branch of the ISIS terror...
Binance Sinks Into More Troubled Waters With Bitcoin Reserve Declines
Binance, the largest crypto exchange in the world, has seen its bitcoin reserve drop to almost 16% raising investors’ and customers’ fears as to a possible bank run. According to...
Binance Stopping Debit Card Services in Latin America, Middle East
Binance, the largest cryptocurrency exchange in the world, announced today the withdrawal of its crypto debit card services from Latin America and the Middle East region. The announcement, which came...
