Binance News
Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto
The FTX bankruptcy case took a new turn, with the US Department of Justice (DOJ) initiating a civil forfeiture procedure against Binance exchange. According to reports, the DOJ aims to...
Binance’s Dominance in South Korea Sparks Anti-Monopoly Concerns
South Korean authorities are investigating local cryptocurrency exchanges for potential anti-monopoly breaches, fueled by Binance’s overarching dominance in the market. Binance’s trading volume is 22 times that of all South...
Binance CEO: Bitcoin’s Bull Run is Not Over, But Beware of Greed
CZ dismisses Bitcoin’s “death” claims, emphasizing its growth and resilience. Binance founder Changpeng ‘CZ’ Zhao responded to those who say Bitcoin is dead. In posts on social media, he said...
How Binance Listing Helped NEIRO Meme Coin Skyrocket 7,594%
Binance has had a significant impact on the crypto market this year by focusing on meme coins, listing 15 new meme coin projects since the beginning of the year. These...
Binance Lists Meme Coins, Stirring Controversy Over Fees
Binance announced the listing of two new meme coins, Act I, The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), starting November 11, 2024, at 10:00 UTC. This marks a...
FTX Sues Binance and CZ for $1.8 Billion; Alameda Research Targets Waves Founder
FTX has filed a lawsuit against Binance Holdings Ltd. and its former CEO, Changpeng Zhao, to recover approximately $1.8 billion. The FTX estate alleges that this amount was illegally transferred...
Binance Files Motion to Dismiss SEC’s Amended Complaint
In the ongoing legal case between Binance, former CEO Changpeng Zhao, and the U.S. Securities and Exchange Commission (SEC), Binance’s legal team has filed a motion to dismiss the SEC’s...
Shiba Inu Burn Rate Soars 108%, But Whale Activity Declines
The Shiba Inu (SHIB) community has increased SHIB burns. The burn rate has increased by an impressive 108.73% over the past week, with nearly 100 million SHIB removed from circulation....
Binance Executive Walks Free as Nigeria Drops Money Laundering Charges
Binance Holdings executive, Tigran Gambaryan, is free after the Nigerian government dropped money laundering charges against him. Gambaryan, held since April, was accused of laundering $34.4 million. The Economic and...
Binance Token Purge: IDRT, KP3R, OOKI, UNFI, and More Delisted for Low Performance, Regulatory Issues
Binance, the world’s largest crypto exchange, will delist several tokens, including Rupiah Token (IDRT), Keep3rV1 (KP3R), Ooki Protocol (OOKI), and Unifi Protocol DAO (UNFI). Trading for these tokens ends on...
Shiba Inu’s Price: 142 Trillion Unburned Tokens Put Support at Risk
Shiba Inu (SHIB) is facing a critical test as its price hovers around $0.000018, a crucial support level. Looming over this is the fact that a massive 142 trillion SHIB...
Binance Expands Mobile Money Payments To Six African Countries
Binance has expanded its services in West and Central Africa, extending its mobile money payments to six countries, including Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and...
Binance Helps Delhi Police Bust Crypto Scam in India
The Binance crypto exchange teamed up with Delhi Police in the capital region of India, to shut down a complex fraud operation run by “M/s Goldcoat Solar,” which falsely claimed...
Binance, KuCoin Request Source of Funds from Indian Users After FIU Registration
Following Binance’s registration with India’s Financial Intelligence Unit (FIU), Indian-based cryptocurrency users have made claims that Binance now demands more information for users to carry out deposits and withdrawals on...
FTX/Alameda Moves $28M in SOL From Staking, Analysts Eye Coinbase, Binance
An FTX/Alameda-linked staking address, H4y…gFZ, moved 178,631 SOL, worth approximately $28 million. Analysts expect these funds to be distributed across multiple addresses, with the majority likely ending up on major...
Q3 2024 Crypto Wrap-Up: Bitcoin’s Triumph, Ethereum’s Trouble
The cryptocurrency market ended Q3 2024 with a flat performance, ending with a market valuation of nearly $2.3 trillion. Despite this, Bitcoin’s dominance remained unaffected while Ethereum struggled. According to...
Binance Executive’s Bail Denied a Second Time in Nigeria
A Nigerian court has denied a new bail request from Binance executive Tigran Gambaryan, who remains in custody on money laundering charges. Justice Emeka Nwite of the Federal High Court...
Binance Adds 5 Tokens to Monitoring Tag, Delisting Risk Rises
Binance will soon place more crypto tokens under its “Monitoring Tag.” In a recent announcement, the crypto exchange stated that Bluzelle (BLZ), CLV (CLV), SlefKey (KEY), Prosper (PROS), and VITE...
LUNC and USTC Price Surge: Burn Initiative Fuels Double-Digit Rally
TerraClassicUSD (USTC) jumped nearly 50% on Sunday, September 29, just before the implementation of the burn proposal. The price surge showed growing optimism among investors who believe the burn program...
Binance Founder Earned Over $25M Per Day While in Prison: Report
Former Binance founder Changpeng Zhao allegedly earned over $25 million per day while in prison. According to a recent Forbes report, Zhao’s net worth rose from $36.5 billion on June...
Binance Adds Risk Warnings for Cryptocurrencies with Altered Tokenomics
Binance announced new measures to increase transparency and user safety on October 1, 2024. The world’s leading cryptocurrency exchange will now display risk warning banners and pop-up notifications for tokens...
BNB Completes Wyckoff Pattern: Analyst Predicts Retracement
Binance Coin (BNB), the fourth-largest cryptocurrency, has completed the first three phases of the Wyckoff pattern, according to crypto analyst MartyParty. This suggests BNB may avoid a significant correction until...
CZ’s Next Move: Investing in Tech After Prison Release
Changpeng Zhao (CZ), Binance co-founder, is investing in blockchain, biotechnology, and AI following his release from prison. CZ, who spent four months in a California correctional facility as part of...
ORN’s Price Declines Following Binance Delisting Update
Binance will support the Orion Protocol’s (ORN) mainnet swap and rebranding to Lumia (LUMIA). The crypto exchange outlined the swapping and rebranding program, including the dates and processes. On October...
CZ’s First Post-Prison Message: “gm” to Crypto
Binance founder Changpeng Zhao walked free from a U.S. correctional facility in California on Friday. He spent four months in jail after the court sentenced him for failing to implement...
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