Binance News

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...

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...

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 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 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’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 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 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...

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...

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...

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...