Binance News
Binance US Halts USD Deposits, Banks to Pause Withdrawals Amid SEC Lawsuit
Binance US has announced that it will suspend fiat (USD) deposits on its online trading platform today. Meanwhile, the crypto exchange’s banking partners have stated their intent to pause USD...
Elizabeth Warren Wants Justice Department To Investigate Binance
Elizabeth Warren, the U.S. Senator from Massachusetts, has called for an investigation into the business activities of Binance. The Democratic Senator has asked the United States Department of Justice to...
Former Binance Executives Called the Exchange a Sinking Ship: SEC Evidence
As the SEC vs. Binance case churns out revelations every day, evidence from several testimonies has surfaced. Earlier today, crypto analyst and Partner at Cinneamhain Ventures Adam Cochran posted the...
Binance’s Gopax Acquisition Delayed in South Korea Pending SEC Suit
According to a local report, the Financial Services Commission (FSC) of South Korea has decided to closely monitor the SEC’s ongoing lawsuit against Binance, delaying the acceptance of the report...
SEC’s Lawsuit Against Binance Could Restrict its Expansion in Hong Kong
Gilbert Ng, a legal counsel in Hong Kong asserted that the Securities and Exchange Commission (SEC) holds a different approach to Binance when compared to its slant on Tether (USDT)....
SEC’s Lawsuit Alleges That CZ Controlled Binance US’ Operations
The U.S. Securities and Exchange Commission’s lawsuit against Binance, Binance US, and their founder Changpeng Zhao has alleged that Zhao was heavily involved in the operations of the exchange’s American...
Binance’s Deposit Volume Surpasses Withdrawal Volume: Report Says
According to the findings of the blockchain research platform Nansen, the NetFlow to the leading crypto exchange Binance over the last hour has exhibited a positive turn with more deposits...
SEC Adds a Dozen Tokens to the List of Unregistered Securities
According to the latest report, the Securities and Exchange Commission (SEC) has deemed more than $115 billion of crypto as unregistered securities. The current estimated number of “unregistered securities” came...
Binance CEO’s Cold Storage Wallet Holds 1.28% of all Bitcoin
A renowned Ordinals member Leonidas.og shared a Twitter post today asserting that centralized exchanges (CEX) and mining pools control the rare sat market. Referring to a recent tweet by the...
Binance’s Regional Market Head Rumored To Be CZ’s Successor
A recent report signaled the possibility of a new Binance CEO succeeding Changpeng Zhao, amid the US regulators’ increasing scrutiny over the crypto exchange. The people familiar with the matter...
Binance CEO: We Won’t Mine Bitcoin But Will Integrate Lightning Network
During a recent Ask Me Anything (AMA) session, Binance CEO Changpeng Zhao (CZ) sent shockwaves through the crypto community, making bold declarations that sent ripples through the mining and transaction...
Whale Recently Deposited 20M LINA to Binance, Potential Selloff?
In a tweet published this morning, the blockchain tracking firm Lookonchain shared that Jump Trading recently made a large Linear Finance (LINA) deposit to Binance. According to the post, Jump...
Rumors on Binance and Gate.io: Platforms Clarify the Issues
The leading cryptocurrency trading platforms Binance and Gate.io came forward repudiating the rumors raised against the firms the previous days. While rumors on the 20% layoff of Binance’s employees were...
Binance Co-operating With South Korean Police on Asset Freezing System
According to a report from the South Korean media, the leading crypto exchange Binance has taken part in a “virtual asset exchange working meeting” today, organized by the National Police...
Binance Australia Sees Bitcoin Prices Tumble Amidst Regulatory Issues
Australia-based customers of Binance, the world’s largest cryptocurrency exchange, have been liquidating their Bitcoin holdings at a substantial discount, with prices on the platform falling to almost A$9,000 below those...
Richard Teng Takes Charge of Binance’s Worldwide Regional Markets
Richard Teng has been appointed to lead regional markets for Binance, excluding the US. Teng displayed a rapid rise within Binance during a turbulent period in the digital assets industry....
Blockchain To Revolutionize Transactions: Binance CEO’s Vision For Future
Binance CEO believes blockchain’s success will eliminate the need for the term “blockchain” itself. Zhao envisions a future where blockchain technology replaces transactional aspects like fundraising and payment. Binance has...
Binance Freezes Accounts Connected to Alleged North Korean Cyber Crime
The leading crypto exchange, Binance, declared its involvement in the US Department of Treasury’s recent investigation into alleged North Korean cybercrime. The company revealed that it had assisted the authority...
Hillmann Defends Binance Amidst Reuters’ Allegations of Fund Commingling
Binance’s Chief Communications Officer, Patrick Hillmann, has publicly refuted a Reuters report alleging that the cryptocurrency exchange had commingled customer funds with company revenue, a practice that could potentially obscure...
Binance Confirms Support for Fetch.ai and Terra Classic Upgrades
Binance, one of the leading cryptocurrency exchanges, has confirmed its support for the upcoming network upgrades of Fetch.ai (FET) and Terra Classic (LUNC). The upgrades are set to enhance the...
Binance Australia Suspends AUD Services Due to Third Party Issues
Binance Australia has suspended withdrawals and deposits in Australian Dollars (AUD). The crypto exchange blamed the suspension on a decision made by its Australian payment service provider. Binance has assured...
Binance Halts LUNC, USTC, & KAVA Trade For Terra Classic & Kava Upgrades
Binance, the world’s largest cryptocurrency exchange, has announced its support for the network upgrades of Terra Classic v2.0.1 and Kava 13 mainnet. As part of these upgrades, Binance will temporarily...
CertiK Alert Reports Bitpaid Faces 81% Drop And $30K Loss Due to Exploit
Exploit detected on Bitpaid (BTP) contract address leading to 81% drop and $30K loss. BTP token holders’ count during the drop was 11,074, with a token value of USD 0.08....
Binance To Exit Canadian Market Due To Challenging Regulations
Binance has decided to exit the Canadian crypto market due to its challenging regulatory regime. Binance blamed its departure on Canada’s recent overhaul of regulations for crypto entities. The crypto...
Binance Market Falls to 51% as Huobi and OKX See Increase: Report
Huobi and OKX, two of Binance’s biggest rivals in the crypto exchange market, have seen an increase in market share after the largest exchange, Binance, scaled back its zero-fee promotion,...
