Binance News
Binance Updates Modifications in Terra Classic Burning Mechanism
Binance announced a modification in the Terra Classic Burning Mechanism. The method of crediting the deposits and charging the withdrawals would be modified. A consolidation fee of 1.2% would be...
Is Binance’s LUNC Implementation a Result of Social Media Power?
Cryptocurrency and finance researcher tweeted about the impact of social media on Binance. Binance chief interacted with his followers on Twitter regarding the LUNC issue. A proposal to implement the...
CZ On Why Binance Is Burning LUNC Spot and Margin Trading Fees
Binance decides to burn LUNC’s spot and margin trading fees. Changpeng Zhao posts a Twitter thread explaining exactly what they’re doing and why. LUNC surged 31.9% following the news. Regarding...
Chanpeng Zhao at Ecstasy; His Company Flourishes in Dubai
Binance’s CEO posted a tweet regarding the establishment of Binance. Zhao referred to the MVP launch scheduled on September 2022. He was enthusiastic in commenting on the in-principle approval received...
Voyager Digital’s Chief Financial Officer To Exit The Company
Voyager CFO Ashwin Prithipaul exists company after just four months. The crypto lender filed for bankruptcy back in July. FTX and Binance have made the highest bids on the lender’s...
Binance CEO Urges LUNC Holders to Vote Tax Burn with Trading Fees
The CEO of Binance proposed a 1.2% trading fee for the LUNC burn. A LUNA enthusiast called the CEO’s opinion silly. LUNC’s circulating supply is 6.9 trillion, implying 99% of...
Binance’s Global Advisory Board Will Focus On Web3 Growth
Binance has developed a Global Advisory Board. The board will help drive web3 development and combat regulatory challenges. This board includes notable experts in public policy, government, finance, economics, and...
“Eazypay” Enters Into a Strategic Partnership With Binance Pay
EazyPay and Binance enter partnership to promote cryptocurrency payments. This partnership will adopt the first regulated and approved crypto payment service in MENA. Head of Business Development, Binance, says that...
43,000 BTC Moved From Huobi to Binance in a Span of Two Hours
Whale Alert reports the movement of 43,000 BTC from Huobi Wallet to Binance. Huobi reacts to the report by saying that it is just an internal flow of funds. Wu...
New Draft of MiCA Lifts Earlier Limits On Non-EUR Stablecoins
MiCA bill removes restrictions on non-EUR stablecoins. The regulator’s legislation plans to regulate businesses that deal in crypto. Changpeng Zhao commends the bill. Recent news articles state that the latest...
Binance CEO Praises MicroStrategy’s Move To Buy Bitcoin
Binance CEO praises MicroStrategy’s decision to buy more Bitcoin. MicroStrategy has bought 301 additional BTC tokens for $6 million. The public company now owns 130,000 Bitcoin acquired for $3.98 billion....
Binance Offers $50M for Bankrupt Voyager’s Crypto Assets
Binance and FTX are top bidders for Voyager’s assets before the final sale. The popular exchange Binance is slightly ahead of FTX with a $50 million bid. The auction is...
Bloomberg Article Calling Bitcoin A Fad Gets Mocked By Binance
Binance shared a screenshot of a Bloomberg article on the Bitcoin crash, mocking them on Twitter. Binance had already once mocked Bloomberg for trashing BTC back in 2018. The article...
Binance’s $7.5B Portfolio Manager To Invest in Web3.0 Amid Bear Market
Binance Lab’s portfolio manager, Yi He, sees potential in web 3.0 projects while the crypto market dips. The venture capital head is looking to invest in web 3.0 infrastructure, application,...
Binance Argentina Visa Card Now Supports Meme Token Shiba Inu
Binance Argentina visa debit card users can now pay online using the SHIB token. The first 5,000 Argentina users to apply for a card would qualify for a 5 BUSD...
Binance ETH/USDT Perpetual Funding Rate is Now -0.24%
Ethereum perpetual funding rate drops from -0.5% to -0.24%. The Merge has changed the way ETH is generated and also ETH transactions. Investors were preparing for the worst ahead of...
Binance Teaches Law Enforcement Agencies How to Track Crypto Crime
Binance conducts seminar on cryptocurrency and cybersecurity. The law enforcement agency educated listeners on cybercrime combating operations. Stern says that Binance has been actively working with the Philippine government to...
Binance Expands Into Indian Market Amid Strict Crypto Tax Rules
Binance is expanding into the Indian cryptocurrency market despite heavy tax rates imposed on cryptocurrency by the government. Indian crypto investors are switching to foreign exchanges to avoid the heavy...
Binance Under Fire as Italian Investors File Class Action Lawsuit
Binance is being sued by Italian and foreign investors over crypto losses. Lawsuit alleges outages in Binance from the year 2021. Binance has recently received approval to conduct business in...
Binance to Support Dash And IOST Network Upgrades, Hard Forks
The time of the Dash and IOST network upgrades and Hardforks have been announced. The trading activities on the networks would not be impacted during the network upgrades. This follows...
Binance Convert Expands Support to Terra Classics LUNC, USTC
Binance Convert now supports Terra Classic LUNC and Terra Classic USD USTC. Through the Binance Convert service, users can exchange the crypto they own for another cryptocurrency. Binance informed that...
An Exclusive Gift from Binance for the Mid-autumn Festival
Binance tweeted its regards for Mid-autumn Festival. The wishes were strengthened by the notification of the seasonal gift cards. The gift cards stood as a modern form of celebrating the...
Binance Announces the Launch of New Binance Options Trading Platform
Binance announced the launch of the new Binance Options trading platform, scheduled on September 13. The new Binance Options will be on both the Binance Website and the Binance App....
Binance Announces Support for LUNC and USTC Tax Burn on Terra Network
Binance will be supporting LUNC and USTC tax burn. Transactions will be taxed by Terra before they reach Binance. Reportedly the tax deduction is 1.2%. Binance, the largest cryptocurrency exchange...
Number of Addresses Reaching BUSD Hikes, Taps a New 3-Month High
BUSD’s receiving addresses (7d MA) reached a 3-month high of 64.173. The stablecoin is one of the few cryptos in green lane today. Existing balances and new deposits of USDC,...
