Binance

Highlights: Binance.US can invest customer assets in U.S. Treasury bills following court approval. The exchange must transfer crypto assets to a third-party custodian not affiliated with Binance. The court’s decision enhances transparency and accountability within Binance’s U.S. operations. Binance.US has […]

The Banana Gun Price has erupted and soared 20% in the past 24 hours to trade at $70. This noticeable price movement is bolstered by a noticeable increase in trading volume by 12018% to $35.28 million.  This comes as Binance […]

Highlights: Richard Teng emphasizes Binance’s resilience and growth despite regulatory challenges in the U.S. and globally. Teng highlights 2024 as a landmark year for crypto, noting the approval of spot Bitcoin ETFs. Binance continues to build global trust and streamline […]

Highlights: The Nigerian court will announce its ruling on October 11, following a plea of not guilty. Binance faces four counts of tax evasion, including failure to register with Nigeria’s FIRS. Charges against two Binance executives were dropped, but they […]

Highlights: Reps. Hill and McCormick urge the U.S. to classify Binance exec Tigran Gambaryan’s detention in Nigeria as a hostage situation. Gambaryan’s health has severely deteriorated in Nigerian custody, diagnosed with pneumonia and malaria. Sixteen Congress members and ex-federal prosecutors […]

Highlights: Binance delists BTC/TUSD and TUSD/USDT margin pairs effective July 24, 2024 Portfolio Margin users to see TUSD balances automatically converted to USDT Binance monitors high-risk altcoins to maintain trading stability Binance, the leading global cryptocurrency exchange, has decided to […]

Highlights: Two wallets transferred 9,500 BTC worth $537M to Binance over the past week. These transfers led to drops in Bitcoin’s price. BTC whales’ actions mirror huge Bitcoin sales by Germany and the US governments. Large BTC transfers from whales’ […]

Highlights: KuCoin will implement a 7.5% VAT on transaction fees for Nigerian users starting July 8, 2024. The VAT applies to transaction fees, not transaction amounts, affecting users with Nigerian KYC information. This move follows Nigerian government’s increased scrutiny of […]

Highlights: Binance.US is ready for a prolonged legal battle with the SEC, stressing its compliance efforts. The company criticizes the SEC’s “regulation by enforcement” approach and claims politically motivated actions. Despite setbacks, Binance.US remains confident in its legal standing and […]

Binance, the global cryptocurrency exchange, has recently added monitoring tags to eleven altcoins due to their high volatility. The tagged cryptocurrencies, including Balancer (BAL), Cortex (CTXC), and Sun (SUN), will undergo scrutiny and periodic reviews by the exchange. This measure […]

The Ethena price has slipped 5% today, as the altcoin has fallen to $0.5465, raising concerns about potential further selling.  Further, Ethena stands out with a market cap of $834 million and a Total value locked (TVL) exceeding $3.5 billion. […]

Highlights: Binance.US faces regulatory hurdles leading to the suspension of operations in Washington state. The exchange’s compliance issues highlight broader regulatory concerns within the cryptocurrency sector. Users in Washington state must transition their accounts ahead of the August 20 deadline. […]