Binance News

Indian Enforcement Directorate froze Bitcoin balances of E-nuggets fraudsters. E-nugget gaming app lured Indians into deposing crypto in return for commissions.  Previously, ED withheld account balances belonging to fraudulent Chinese...

Binance has a total of $70 billion worth of cryptocurrencies. Coinbase (with $27 billion) and Bitfinex (with $20 billion) are the subsequent largest holders. Despite the current bear market, Binance...

Binance is abandoning its plans to acquire FTX. Binance cited that FTX mishandled customer funds and is alleged to investigate. FTX, valued at $32 billion early this year, is in...

Binance to buy rival cryptocurrency exchange FTX. Bitcoin fell below $19,000 at a 10% loss after the announcement. Major cryptos dropped in value including ETH losing 15% and SOL falling...

SBF breaks silence on FTX being acquired by Binance. The financial terms of the transaction have not been determined. Zhao signed a non-binding LOI to fully acquire FTX and help...

Binance is liquidating its whole FTT token holding as an exit risk management. Investigative reports revealed that FTX’s balance sheet contains FTT tokens with fewer independent assets. Analysts say the...

Changpeng Zhao announced that Binance would be liquidating all of its FTT holdings. Zhao confirmed that the move was a part of Binance’s plan to exit from FTX equity. Binance...

Changpeng Zhao said Binance might acquire traditional banks to bridge with the crypto industry. The Exchange believes it is a clever move to capture some of the equity upsides. Binance...

Deribit derivative crypto exchange was hacked and lost over $28 million. Binance CEO asked his backend team to monitor and freeze funds from the attacked sources. The attack only affected...

Binance is assembling a crew to solve Twitter bot issues via an on-chain solution.  The crypto community thinks DOGE may become an official utility token on Twitter. Previously, an engineer...

Binance CEO will financially back Elon Musk’s Twitter purchase. Changpeng Zhao promised to put $500 million toward Musk’s Twitter bid. Musk plans to make Twitter more decentralized. Leading cryptocurrency exchange,...

The BNB Chain is the leader in Crypto Scams and Rug Pulls. On the network, roughly 12% of the BEP-20 tokens were linked to fraud. Binance representative says that they...

Today, Binance launches its Bahrain platform, binance.bh. Binance Bahrain platform will be a fully regulated platform by the CBB. Bahrain users can access Binance’s full range of regulated crypto-asset exchange...

Binance was attacked by a hacker withdrawing $2 million in BNB tokens totaling to $570 million. The crypto platform is “narrowing down” the hacker’s identity after receiving tips from law...

CryptoQuant CEO said wealthy investors are massively trading BTC on Binance. Binance controls 84% of BTC trading volume, while Coinbase takes only 9%. There is a tendency for a bullish...

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 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 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...

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...

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...

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 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 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 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...

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...