Tag: Binance
A Cross-Platform Proof-of-KYC Token Is Released by Binance
The biggest cryptocurrency exchange in the world, Binance, has attempted to tackle one of the most challenging issues facing the sector: on-chain identity. Users who successfully complete Binance’s Know-Your-Customer (KYC)…
US lawmakers demand the release of Binance executive Tigran Gambaryan from incarceration in Nigeria
After visiting the arrested Binance executive in a Nigerian prison, US legislators demanded that Tigran Gambaryan, who is now under arrest, be freed right away, claiming he is afflicted with…
Binance freezes $5 million that was taken from BtcTurk after an alleged $54 million hack of a Turkish exchange
Following allegations of unusual transactions of Avalanche AVAX -3.90% tokens on Saturday, the Turkish cryptocurrency exchange BtcTurk revealed that a cyberattack had compromised the cryptocurrency held in ten of its…
For holders of BNB, new Binance HODLer airdrops have launched
The HODLer Airdrops campaign, which targets users who hold and subscribe to Simple Earn using Binance Coin (BNB), has been introduced by Binance. The Binance HODLer Airdrops for BNB holders…
In addition to operating nodes, T-Mobile owner Deutsche Telekom plans to start mining Bitcoin soon
According to a remark made on Friday at the BTC Prague conference by the head of Web3 infrastructure and solutions at T-Systems MMS, a subsidiary of Deutsche Telekom, the largest…
Kaiko Analytics Says Binance Leads Coinbase and All Other Crypto Exchanges in This Metric
Exchanges with high liquidity provide better trading conditions, including less slippage and lower execution risk. We’ve chosen to create a liquidity score for this quarter’s exchange ranking using five indicators,…
Prior to new crypto regulations, Binance would restrict uncontrolled stablecoins in the EU
According to a statement issued on June 3, Binance will restrict the sale of “unregulated stablecoins” in the EU by June 30 in accordance with the impending Markets in Crypto-Assets…
Binance offers 10% of trader profits to users who engage in spot copy trading
Users can now immediately replicate the trading techniques of seasoned traders with this new option. Binance has clarified the distinction between copy trading in the futures and spot markets. Exchange…
Canada’s Fintrac fines Binance $4.3 million
The regulator further stated that on 5,902 occasions between June 1, 2021, and July 19, 2023, Binance failed to record a single transaction valued at $10,000. Furthermore, according to FINTRAC,…
Binance Works with Indian Authorities to Catch $10 Million Fraud
The exchange and two more people worked with local law enforcement to expose a money laundering operation. The regulatory focus on the Indian cryptocurrency business has recently increased, with initiatives…
Changpeng Zhao, the former CEO of Binance, received a four-month prison sentence
Tuesday’s sentencing session saw Zhao apologize and express his desire to accept accountability for his “mistakes.” Additionally, he stated that Binance has put in place an anti-money laundering and Know…
Binance Launches Spot Copy Trading Feature to Enhance User Experience
Binance, the world’s leading cryptocurrency exchange, is introducing a new spot copy trading tool, allowing users to mimic the trading strategies of top traders automatically. This innovative feature, set to…
Binance Obtains Full Crypto Services License in Dubai
Binance, the leading global cryptocurrency exchange by trading volume, has been granted a full virtual-asset services provider (VASP) license by Dubai’s Virtual Assets Regulatory Authority (VARA). This marks the completion…
After obtaining a Dubai VASP license, Binance announces the launch of the token drop platform Megadrop
Through the integration of the Binance Simple Earn program and the Binance Web3 Wallet, it will also facilitate airdrops and Web3 quests. Making the airdrop experience more interesting for users…
Binance exchanges SAFU insurance fund assets for Circle’s USDC
Binance has revealed a surprising upgrade for its SAFU emergency insurance fund, turning all of its assets—roughly $1 billion—into USD Coin (USDC), Circle’s stablecoin. The exchange stated in a blog…
Binance to pay a $2 million fine in order to reenter India
The largest cryptocurrency exchange in the world, Binance, is getting ready to return to India by paying a $2 million fine, according to an article in India’s Economic Times that…
Binance.US Appoints Former New York Fed Compliance Chief to Board
Binance.US has announced the addition of Martin Grant, a former senior official at the Federal Reserve Bank of New York, to its board of directors. Grant, who served as the…
Nigerian government seeks the extradition of Binance executive who is fugitive from Kenya
Nadeem Anjarwalla, the executive of Binance, fled from custody and was found in Kenya by the Nigerian authorities. Currently, the government wants to repatriate him to Nigeria. Punchng.com verified that…
Binance Implements Stricter KYC Standards for Corporate Clients
Cryptocurrency exchange Binance has announced a tightening of its Know Your Customer (KYC) requirements for business clients, signaling a shift toward enhanced compliance measures. Effective from March 20, Binance has…
Binance Expands Web3 Wallet with Integration of 35 New dApps
Binance has recently expanded its web3 wallet by integrating 35 new decentralized applications (dApps), enhancing its functionality and usability for users. The latest additions include prominent platforms like Aevo, Ambient…