Binance News
Nigeria Freezes $716K in Crypto, Blames Platforms for Naira Devaluation
A Nigerian court has ordered the freezing of N548.6 million ($716,000) belonging to suspected crypto users on platforms like Bybit and KuCoin. The order, secured by Nigeria’s anti-corruption agency, the...
Binance Backs Firo Upgrade: Price Surges 3% to New Highs
Binance, a major global cryptocurrency exchange, has thrown its weight behind the upcoming hard fork and network expansion of Firo, a privacy-focused digital currency formerly known as Zcoin. This development,...
Binance Zero Fees: A Boost for EUR Trading or a Competitive Play?
Binance, the world’s leading cryptocurrency exchange, has introduced zero-fee trading for VIP 2-9 users and spot liquidity providers on EUR/USDC and EUR/USDT spot trading pairs. This move aims to boost...
Binance CEO Reveals CZ’s Lifetime Ban: A Major Blow
Changpeng Zhao, founder and former CEO of Binance, has officially stepped down, marking the end of his leadership at one of the world’s largest cryptocurrency exchanges. This move comes as...
Binance Exec’s Detention Prolonged, Bail Ruling Postponed
A Nigerian court has once again postponed its decision on the bail application of Tigran Gambaryan, a senior executive at Binance Holdings Ltd., who has been detained in the country...
Ex-Mt. Gox CEO Returns with EllipX, Promises User-Friendly Platform
Mark Karpeles, formerly at the helm of the now-defunct crypto exchange Mt. Gox, is set to launch a new crypto platform, EllipX, in Europe, with its base in Poland. Speaking...
Outrage as Ailing Binance Exec Denied Wheelchair, Forced to Limp in Court
A distressing video has surfaced showing Binance executive Tigran Gambaryan, detained in Nigeria since February, struggling to enter an Abuja courtroom for his money laundering trial. The footage shows Gambaryan...
Binance Launches Toncoin Lock-Up Program, Incentivizing HODLing
Binance has announced a new Toncoin (TON) lock-up program, offering users up to 5.9% Annual Percentage Rate (APR) for participating. The program aims to attract more users to adopt TON...
Binance Burns 1.2 Billion LUNC, Boosting Terra Classic Community Optimism
Binance, the world’s leading crypto exchange by trading volume, has burned 1.2 billion LUNC tokens, further reducing the circulating supply. This move has been met with enthusiasm from the Terra...
Key Economic Events in September to Shape Crypto Markets
Cryptocurrency investors are gearing up for a pivotal September, with several major U.S. macroeconomic events on the horizon that could reshape their portfolios. The Federal Reserve’s interest rate decisions are...
Binance Freezes Palestinian Accounts? Truth Debunked
Binance exchange is under fire for allegedly freezing Palestinian accounts at the request of Israeli authorities. Paxful CEO Ray Youssef accused Binance of spreading disinformation to cover up its involvement....
Binance Outflow: U.S. Scrutiny Sparks Bitcoin Exodus
Investor Simon Dixon reported a significant Bitcoin withdrawal from Binance, with approximately 44,000 BTC (worth around $3 billion) leaving the platform in a single day. This news coincides with recent...
Binance vs Nigeria: CEO Disputes Claims, Highlights Naira’s Fall
Binance CEO Richard Teng recently pushed back against the Nigerian government’s accusations against the exchange. The trial is set for September 2, 2024. Teng strongly disagrees with the government’s claims...
Binance’s Nigeria Nightmare: Fast-Tracked Trial, Ailing Exec
In the ongoing Binance-Nigeria legal battle, the court has moved up the hearing of the money laundering case against the exchange and its two executives. Originally scheduled for October 11,...
Dogs Community Battles Bots, Binance Lists DOGS Token
The Dogs Community cracked down on accounts suspected of bot farming for airdrops. The community announced on X that they found and removed several accounts trying to game the system....
New Malware Threat: Cthulhu Stealer Targets Mac and Crypto
Apple Mac systems, known for their strong security, face a new threat: “Cthulhu Stealer.” Cybersecurity firm Cado Security is warning Mac users about this malware, which can steal personal information...
BNB DEX Volume Surpasses Solana for Three Consecutive Days, Trails Only Ethereum
Over the past week, Binance Smart Chain (BSC) has emerged as a dominant force in decentralized exchange (DEX) trading, surpassing Solana in trading volume for three consecutive days. According to...
DWF Labs Sends CRV to Binance, Sell-Off Speculation Ensues
DWF Labs, a Web3 investment firm, recently moved all its Curve Finance (CRV) tokens to Binance, triggering speculation of a sell-off. Blockchain analytics platform Spot On Chain reports that DWF...
Ronaldo’s Binance Ties Face $1 Billion Lawsuit
Cristiano Ronaldo’s partnership with Binance, the world’s leading crypto exchange, has encountered some bumps, including a $1 billion lawsuit against the soccer superstar. CR7 inked a multi-year deal with Binance...
Binance Trading Volume Hits Record Highs
Binance’s trading volume surged to $9.7 billion in the past 24 hours, with spot trading volume hitting $9.55 billion. The exchange also announced a new trading tournament with a $40,000...
CEX Token Delistings: Why Does it Happen?
Centralized crypto exchanges like Binance and KuCoin are cracking down on altcoins, removing several tokens from their platforms. Why the sudden purge? It boils down to investor protection and regulatory...
Binance Clears Regulatory Baggage in Brazil and India
The four-year regulatory challenge Binance faced in Brazil seems to end following the crypto exchange’s agreement to pay a 9.6 million reais fine, equivalent to $1.75 million, enacted by the...
Binance.US HEX Lawsuit Revived by Appeals Court
A U.S. appeals court has revived a class-action lawsuit accusing Binance.US and CoinMarketCap of manipulating the price of HEX token. The ruling overturned a previous dismissal, allowing the case to...
U.S. Congress Urges Biden to Help Ailing Binance Exec in Nigeria
The family of Tigran Gambaryan, a U.S. Binance employee being held in Nigeria, has raised alarm over his rapidly deteriorating health, citing inadequate access to his legal team and medical...
Internet Crackdown in Venezuela: Binance, X, & More Blocked
Amidst uncertainties following the Venezuelan Presidential election, Binance, the world’s largest crypto exchange, is facing access restrictions. While the Venezuelan government’s Internet Service Provider (ISP), CANTV, has reportedly blocked public...
