Binance News
Binance Dispels FUD With Another Proof-Of-Reserves Report
CryptoQuant revealed that Binance’s BTC liabilities or customer deposits are 97% collateralized by Binance’s assets. This collateralization grows 101% when the BTC loaned out to customers is included. The analytics...
Binance Audited PoR Matches On-chain Data by 99% Says CryptoQuant
Data analytic firm, CryptoQuant, has attested to the audit reserve report published by the most significant crypto asset manager, Binance, using on-chain data. In a research post, the firm shared...
Nansen AI Reports Binance Faced Loss In Asset Holdings In One Month
Crypto, DeFi, and NFT analytics platform, Nansen AI shared in a recent tweet that leading cryptocurrency exchange Binance has suffered a loss of assets in the last month. According to...
These Are the Three Reasons the Crypto Markets Are Down This Week
The global crypto market cap is down 5.37% over the last 24 hours according to the crypto market tracking website, CoinMarketCap. There are three main driving factors that have dragged...
Top Trending Crypto on Binance, BNB Ousts Bitcoin on Second Position
The leading crypto exchange, Binance’s native token, BNB is the top trending cryptocurrency on Binance’s search bar, while the most popular crypto in the market, Bitcoin grabs the second position...
A Deep Dive into Binance’s Exchange Balances vs Proof-of-Reserves
With investors on high alert following the FTX crash, crypto exchange Binance has recently been under the spotlight. Mazars, an accounting agency, recently audited Binance’s Proof-of-Reserves report. Some market participants,...
Why Are Crypto Whales Busy Prioritising Stocking Up On XRP
XRP has been holding steady through the turbulent market conditions during the second half of 2022 and despite the ongoing Ripple vs. SEC lawsuit. It is because of this and...
Binance CEO Is Bullish About What Trump’s NTF Signifies for Crypto
The CEO of Binance, Changpeng Zhao, believes the era of massive crypto adoption is getting closer as the staunch crypto hater and former president of the United States, Donald Trump,...
Binance Reserves Are Not Showing ‘FTX-like’ Behavior: CryptoQuant
Amidst the volatile crypto market, CryptoQuant, an on-chain analysis organization, released a comparison of Binance’s Proof of Reserve (PoR) report. The comparison was done after the Mazars audit firm released...
Dutch Central Bank Says KuCoin Violates Anti-Money Laundering Act
In one of their recent announcements, the central bank of the Netherlands, De Nederlandsche Bank (DNB), issued a warning for investors against KuCoin. DNB stated that KuCoin was not legally...
“Binance Put FTX Out of Business Intentionally”: Kevin O’Leary
The Shark Tank judge, Kevin O’Leary, recently spoke at a Senate hearing and addressed the crash of the FTX crypto exchange. Senator Patrick Joseph Toomey Jr. of the United States...
Ripple CTO Describes Binance Critic Kevin O’Leary as Shameless
David Schwartz, the chief technology officer (CTO) of the Ripple blockchain, reacted bitterly to a claim by the popular Canadian businessman Kevin O’Leary, who testified yesterday before the US Senate...
Binance’s Social Dominance Surges as Market FUD Continues
There has been a lot of fear, uncertainty and doubt (FUD) revolving around the crypto exchange, Binance, making rounds in the market recently. As a result, the largest crypto exchange...
Binance Processed More Withdrawals During LUNA, FTX Crashes: CZ
In regards to the recent remarks on handling huge withdrawals, Binance CEO Changpeng Zhao (CZ) tweeted that his company had processed more withdrawals during LUNA and FTX crashes. In detail,...
Coinbase Promotes Self-custody App as Its Binance Rivalry Faces FUD
Recently, the crypto community has been awash with FUD and panic messages, especially against Binance, the largest crypto exchange by market cap. Coinbase, a close competitor, has promptly seized the...
CryptoQuant CEO Says Binance BTC Reserve is up +24% Post-FTX’s Fall
Ki Young Ju, the CEO and co-founder of CryptoQuant, gave his two cents on the whole Binance drama by sharing a few key analyses. Ju mentioned in a recent tweet...
“Reuters Has It Wrong Again,” Says Binance While Releasing Facts
The largest exchange platform, Binance has been infuriated by the prominent media house Reuters. Binance officials say that the claim made by Reuters that the exchange platform is being investigated...
Binance Experience Spike in Withdrawal Over the Last 24 Hours
As per the details revealed by Nansen, a crypto analytical platform, the largest crypto exchange Binance witnessed over $1.6 billion in withdrawals over the last 24 hours. The withdrawals have...
Crypto Twitter Raises Eyebrows as Justin Sun Moves Funds in 24hrs
The founder of the TRON blockchain, Justin Sun, has been moving huge funds across various crypto businesses. The crypto community has begun raising eyebrows at the unusual transactions. Today, Sun...
Binance Temporarily Halts $USDC Withdrawals; Crypto Winter Worsens?
The leading crypto exchange Binance has temporarily halted withdrawals of $USDC as it is conducting a token swap involving $USDC. Binance, however, has made clear that both $USDT & BUSD...
Binance User Expresses Privacy Concerns After Account Suspension
Binance’s CEO, Changpeng Zhao, is still at odds with crypto investor and futures trader Coinmamba, who claims the exchange and Zhao did nothing to help him recover funds he claims...
Crypto Influencer Machi Big Brother Stakes 903,859 APE: Lookonchain
A tweet made by the blockchain analysis company, Lookonchain, this morning shows that the crypto influencer, Machi Big Brother (@machibigbrother), withdrew 597,191 Apecoin (APE) from Binance 10 hours ago. The...
Binance Enlists MAGIC in Innovation Zone After Massive Purchase
It had been reported that the utility token of Treasure, MAGIC, built on Arbitrum, had enormous purchases during the previous month. Currently, it has a trading volume of $37,428,067, which...
Binance Accounts Exploited Due To 3Commas API Key Hack
On December 11, a massive number of altcoins including OM, AMP, NEXO, POLS, SUN, ARDR, BIFI, XVS, ARK, LOOM, and OSMO were reportedly contra-traded on the leading cryptocurrency exchange, Binance....
Colin Wu Responds to Binance’s Notification on POR Audit
Binance announced the company’s POR audit, during which the customers’ funds would be transferred to the company’s hot wallet. Colin Wu responded to the tweet commenting the word audit is...
