Tag: Binance

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…

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, 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, 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…

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 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…

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 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…

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…

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 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…

In a surprising move, cryptocurrency exchange Binance has announced its decision to discontinue support for Bitcoin Non-Fungible Tokens (NFTs) less than a year after their introduction to its marketplace. According…

Binance, renowned as the leading cryptocurrency exchange in terms of trading volume, has introduced Ethena (ENA), a synthetic dollar protocol, as its 50th Launchpool project. This latest addition offers users…

On Monday, Changpeng Zhao, the ex-CEO of cryptocurrency exchange Binance, revealed details of a new venture.  Zhao posted on the social networking site X that the initiative will be instructional…

The amount of assets that popular cryptocurrency exchange Binance holds for its members exceeds $100 billion.  With the use of its proof-of-reserves (POR) mechanism, which verifies the holding of 31…

The Solana network has been integrated into Binance’s Web3 Wallet, the company has announced.  According to a recent press release from the exchange, Binance hopes to integrate the Solana network…

Rollup as a Service is a new offering from BNB Chain that aims to grow its Layer 2 ecosystem. A rollup-as-a-service (RaaS) solution from BNB Chain has been introduced to…

Seven firms have received investments from Binance Labs, the $10 billion venture capital and incubation division of the cryptocurrency exchange Binance, during the program’s sixth season. The seven startups are:…

Following the SEC’s action, Binance.US experienced 200 layoffs, a 75% decline in sales, and a $1 billion asset exodus. The exchange’s activities were impacted heavily by lost banking relationships, auditor…

The cryptocurrency exchange Binance declared that it will no longer offer any NGN-related services. The company announced today that all leftover NGN balances in Binance users’ accounts will be immediately…