Binance News
Binance USDC-BUSD Conversion Begins ‘Second Great Stablecoin War’
FTX’s Bankman-Fried said Binance’s auto conversion of USDC to BUSD sparks a stablecoin war. In 2018, stablecoins battled for dominance, with USDC and USDT edging out TUSD, GUSD, and USDP....
Binance Registers As Crypto Asset Service Provider In Cyprus
Binance gains crypto asset service provider registration in Cyprus. The exchange can now offer spot, custodian, staking, and card services in Cyprus. Binance shared an updated list of countries eligible...
Terra ClassicUSD Rises By 12% in a Backdrop of Falling Prices
Terra Classic USTC observes a 12% rise in value in 24 hours. The hike comes after low tax burn rates get approved. USTC trading volume increased by 180%. The Terra...
Crypto Podcaster Cobie Criticizes Binance and FTX for Listing Aptos
Cobie from UpOnly has criticized FTX and Binance for listing Aptos. Aptos made its debut on the mainnent on October 17. Another critic says Aptos currently has a lower TPS...
Binance CEO Has Been Implicated in A Special Investigative Report
Reuters accused Binance CEO of using shady means to avoid UK and US regulators. The report reviews corporate emails, texts, and papers in the last five years. Reuters alleged that...
Crypto Exchange Binance Burns $547M Worth of Native Tokens
Binance has burned $547 million worth of BNB tokens in its 21st quarterly burn event. The crypto platform burned 4,833.25 BNB additionally through the Pioneer Burn Program. The burning event...
Binance Research Finds Possible Concerns in Current L2 Space
Binance Research team outlines possible issues on Ethereum due to L2. The team expects that as L2 continues to grow, it could pose risks to the network. They predict the...
Binance Helps To Trace $4.2 Million in Crypto Donations to Russia
Binance joins concerned authorities to track $4.2 million in crypto donations to Russia. Chainalysis found Telegram posts from Rusich, Rybar, and Southfront. Researcher said the funds were used to pay...
ETHW Down 86% from ATH Despite Binance Mining Pool Debut
ETHW is down 86% from its all-time high. The token continues to tumble despite recent developments like Binance launching an ETHW mining pool. After a rocky launch, the price continues...
Binance To Adopt On-Chain Governance Votes to Curb Future Threats
Citing the recent attack Binance adopts on-chain governance. Binance pauses all transactions citing a spike in irregular activity. CZ estimated a total loss of $100 -110 million. Following the recent...
The Way Binance Handled Hack Should be Standard: Crypto Influencer
Influencer applauds Changpeng Zhao’s mode of handling the cross-chain bridge hack. “The way Binance and CZ handled this hack should be standard,” says Crypto King. BNB Smart Chain (BSC) resumes...
Crypto Exchange Binance Adds XRP To Dual Investment Products
Binance added XRP to their list of Dual Investment products. The largest crypto exchange also launched a new batch of Dual Investment products. The subscription will start today at 10...
Binance Signs MoU with Financial Monitoring Agency of Kazakhstan
Binance signs an MoU with the Financial Monitoring Agency of Kazakhstan. “Binance has the most robust compliance program in the industry”, says VP Tigran. Both parties consent to co-operate and...
Binance To Regulate Operations on New Zealand Grounds
Binance expands its operations to New Zealand as a registered service provider. Zhao, Binance CEO, sees value in having Binance in New Zealand when other tech firms don’t. A measured...
Kazakhstan President Says They’re Ready to Legalize Crypto
Kazakhstan’s President says the country is ready to officially legalize crypto. The country approved Binance to establish a headquarters. Binance thinks Kazakhstan is a pioneer in Central Asia crypto adoption....
Binance Launches Global Law Enforcement Training Program
Binance has launched its Global Law Enforcement Training Program. This is the crypto industry’s first global coordinated effort to help law enforcement. The training program will cover topics on blockchain...
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...
