Binance News
Binance France Publishes First Audited Financial Report For 2022
Binance France, the French division of the world’s largest crypto exchange, recently published its audited financial reports for the year 2022. The financial report revealed a loss of €4 million...
Binance Is the Top Performing IEO Launchpad: Analysis Platform
CryptoRank revealed that Binance is the top exchange launchpad in terms of average ROI. The research platform shared that Binance Launchpad has an ATH average ROI of 183.15x. Kucoin Spotlight,...
Binance’s Payment Processor Linked To Russian Money Laundering Operation
An investigation by Ukrainian journalist, Kollen Post suggested that Binance money processor Advcash is a Russian laundering operation in disguise. On July 18, the crypto news platform Protos reported that...
CZ Says No Cause for Alarm Amid $5.3B BNB Movement to Unknown Wallet
Changpeng Zhao (CZ), the CEO of Binance, took to Twitter to announce the successful completion of the quarterly BNB burn, estimated to be worth over half a billion dollars. According...
CZ Claims Popular Influencer Is Targetting Binance Out of Spite
Changpeng Zhao (CZ) the co-founder, and CEO of Binance, shared his opinion on the latest FUD on Binance. “I learned today that a guy who is constantly spreading FUD about...
Whale Transfers 9.8M+ MATIC to Binance; Potential Price Drop?
The price of Polygon (MATIC) may drop in the next 48 hours given that a whale transferred more than $7.4 million worth of the Layer-2 cryptocurrency to Binance earlier today....
Binance Faces Allegations of Deceptive Layoffs and Employee Benefit Cuts
In another viral Twitter thread, Adam Cochran, a veteran crypto analyst, accused Binance of deceptive practices related to their recent layoffs and sudden cut of extended benefits. Cochran’s thread questioned...
Binance Completes Integration of Bitcoin Lightning Network
Binance, the global cryptocurrency exchange announced earlier today the successful completion of its long-anticipated integration of the Bitcoin Lightning Network. The integration enables customers to leverage the layer-2 scaling solution...
Binance Labs Pledges $15 Million for Xterio Ecosystem
The Web3 game platform and publisher Xterio have received a substantial investment of $15 million from Binance Labs, the startup capital and incubator division of Binance. Xterio combines free-to-play and...
Binance US Denies BCH FUD: Crypto Influencer Seeks Proof
Adam Cochran, founder of the activist venture capital firm Cinneamhain Ventures (CEHV), raised concerns against Binance.US and its CEO Brian Shroder. While the platform attempted to clarify the prevailing ambiguities...
Crypto Analyst: Binance Is Set to Pump Altcoins This July
According to the blockchain and cryptocurrency educator Ivan Lijeqvist, Binance will make moves that will trigger a pump in the altcoin market this July. In a recent video uploaded on...
VC Firm Founder Calls Binance “Ponzi,” Compares With Bankrupt FTX
Venture capital firm Cinneamhain Ventures founder Adam Cochran called out Binance for being a “Ponzi” scheme with an evident “hole across multiple assets.” Comparing the leading exchange with FTX, Cochran...
Changpeng Zhao Says FUD And Pressure Has Brought Binance Team Closer
Changpeng Zhao believes that external pressure creates strong and tight teams. The Binance CEO recently stated that FUD has helped build a trustful and resilient team. Zhao likened the impact...
Binance CEO Changpeng Zhao Addresses Departure of Top Executives
Changpeng Zhao, the man behind the world’s largest crypto exchange, has addressed losing three of his top lieutenants. Binance lost three of its top executives this week, including Chief Strategy...
Binance Announces Retirement Of Deposit Addresses & Memos In Q3
Earlier today, the world’s leading crypto exchange Binance announced that it will retire selected deposit addresses and memos in batches by networks from July to September. The move comes as...
Binance Loses More Than 10% Market Share In First Half of 2023
Binance, the largest crypto exchange in the world, has seen its market share shrink by more than 10% in the first half of 2023. The crypto analytics firm Kaiko’s research...
Binance Withdraws Support For Multichain-bridged Tokens
Binance, the world’s biggest crypto exchange platform, has suspended deposits and withdrawals for certain Multichain-bridged tokens. According to the announcement posted on Binance’s official blog, the suspension will take effect...
Binance Australia Office Searched by ASIC in Derivatives Probe
According to a report from Bloomberg on Wednesday, Binance Australia’s office was searched by the Australian securities regulator as a part of a probe into its recently defunct local derivatives...
Binance Ends Zero-Fee Trading, Market Share Drops: Kaiko Report
The cryptocurrency exchange giant Binance has been facing a series of challenges in recent times, with regulatory actions and market share shifts impacting its position in the industry. Digital asset...
Binance.US Discounts 2% on Cryptos Amid Regulatory Clampdown
The Binance exchange is facing significant difficulties because of regulatory clampdowns in Europe and the United States. The impact of the clampdown is reflected in the platform’s native token, BNB,...
Binance BNB Sheds Over $10 Billion This Month Amid Regulatory Pressure
In a recent development, Binance’s native crypto, BNB, has encountered a series of setbacks, shedding a staggering $10 billion market share since June 5. This steep decline can be attributed...
SEC Speechless as Court Presses Evidence of Binance Offshore Transfer
A crypto influencer shared snippets from the court hearing between Binance and the U.S. Securities and Exchange Commission (SEC), shedding light on the lack of evidence supporting the SEC’s claims...
Binance Starts a Regulated Platform in Kazakhstan, Hopes to List 100 Coins
Barely a week after exiting the Dutch market due to regulatory constraints, the largest crypto infrastructure provider, Binance, announced the launch of a regulated digital asset platform in Kazakhstan. The...
Binance Labs Funds Season 5’s Top 5 Projects
Binance Labs, the incubation and venture capital arm of Binance, revealed its investment in the top-performing projects of Season 5 of its Incubation Program. This season witnessed an overwhelming response,...
FCA Approves Binance’s De-registration, Disrupting Services For UK Users
Earlier today, the UK Financial Conduct Authority (FCA) approved leading crypto exchange Binance’s request to de-register the company’s UK unit. As a result of the heavy examination by regulators, users...
