Binance News
Binance Is Contributing to Making a Positive Global Impact: CZ
Binance CEO believes the crypto exchange is impacting the lives of millions of people. CZ spoke at a fireside chat during the Fintech Forward 2023 event in Bahrain. According to...
US Lawmakers Seek DOJ Investigations into Binance and Tether
Tether responds that it had collaborated with 31 law enforcement agencies across 19 jurisdictions. U.S. lawmakers have urged the Department of Justice (DOJ) to open criminal investigations into Binance and...
Rumored Binance UK Head Exit Ignites Controversy Amid Regulatory Turmoil
Binance UK head and CEO of Bitfinity Jonathan Farnell has reportedly left the crypto exchange in late September. While no formal announcements have been made, Farnell’s LinkedIn profile hints at...
Binance Supports Circle’s Dollar-Pegged USD Coin on Polygon
The latest revelations in the ever-vibrant crypto space unveiled Binance’s decision to embrace the dollar-pegged USD Coin (USDC) on the Polygon Network. The announcement said, “Binance will support the native...
Recent Challenges Cause Binance to Stop Visa Debit Card Services in EEA
Binance ceases its Visa debit card services across the European Economic Area (EEA). Till December 20, users can use their existing physical or virtual cards. The move came as a...
Binance.US Halts USD Withdrawals, No Longer Holds USD: New ToS
Earlier today, crypto trader Asher Hopp tweeted that Binance.US has upgraded its Terms of Services (ToS). The updated language is likely to alarm some users: Binance.US announced that it no...
False ETF Approval News Pumps BTC to 30k, What Could Happen When True?
After long weeks of passive trading, Bitcoin saw a sudden spike in the last 24 hours. Specifically, Bitcoin nearly broke the $30k price point in the past few hours before...
Paradigm Backs Binance, Asks Court to Dismiss SEC Ongoing Lawsuit
A recent court filing revealed Crypto investment firm Paradigm filed an amicus brief to challenge the U.S. Securities and Exchange Commission’s lawsuit against cryptocurrency Exchange Binance. Paradigm’s move follows a...
Critic Adam Cochran Issues Final Warning on Binance Risky Business
In a recent tweet, the renowned Binance critic Adam Cochran released what he called his last round of FUD attacks on Binance. Cochran called the piece his last warning against...
Binance’s KYC Policies Under Scrutiny After Hamas Accounts Suspended
Crypto analyst Adam Cochran sparked debate on X (previously Twitter) over Binance’s know-your-customer (KYC) policies after highlighting suspicious accounts. Replying to a post showing now-closed Binance accounts allegedly tied to...
Circle Joins as a “Friend of the Court” in the Binance vs. SEC Case
Circle, the issuer of the USD Coin stablecoin, has been granted by the court as the amicus curiae in the ongoing legal dispute between the world’s largest exchange, Binance, and...
Crypto Giants Binance, Coinbase Now Operate Under New UK Regulations
The largest crypto exchange, Binance, alongside the leading US-based exchange, Coinbase, now operates a trading platform for U.K. residents under the new regulations in the country. CryptoBusy, a renowned Bitcoin...
US CPI Data and Binance vs. SEC Hearings: What to Expect
According to a member of the Binance community identified as Imtiazzavi, Bitcoin’s price could revisit the $26,400 to $26,200 price region if the break below $27,000 sustains. Imtiazzavi projected after...
Binance CEO’s $1 Billion IRI Project Fails to Raise Estimated Fund
According to a recent Bloomberg report, the Industry Recovery Initiative (IRI), a proposal initiated by Binance CEO Changpeng Zhao following the FTX debacle, has not been successful. Failing to achieve...
Analyst Unveils Mysteries Within Binance and Hamas Terrorist Group
In a distressing turn of events, Hamas, the militant group connected with a previous allegation of Binance, has launched an unprecedented attack on Israel, killing more than 200 individuals. The...
Venture Capitalist Calls Out Binance For No ‘Proper Accounting System’
Venture capital fund Cinneamhain Ventures partner Adam Cochran recently called out Binance’s U.S. subsidiary for the lack of an accounting system, maintaining minimal records, and struggles to effectively generate an...
Forbes Likens Binance to FTX, Argues It Is in an “Existential Crisis”
The largest crypto exchange, Binance, has come under scrutiny again amid claims that the exchange holds the overwhelming majority of the supply of its native token, BNB. In a recent...
Binance May Delist 31 High-risk Tokens with a Market Cap of Nearly $2B
In a recent statement, the largest trading platform, Binance, announced its plan to extend the risk tag it gives to certain digital assets to encompass several additional tokens. The exchange...
Binance CEO Refutes SEC Claims, Denies Binance.US Ties to Ceffu
Binance CEO and co-founder Changpeng Zhao took to X (Twitter) to deny alleged connections between Binance.US and crypto custodian Ceffu. His post came on the heels of a U.S. court...
Paradigm Files Amicus Brief in the SEC-Binance Lawsuit: Report
Paradigm files an amicus brief in the SEC lawsuit against Binance. The platform points out the SEC’s “capacious” and “unreasonable” norms, highlighting the need for Congressional authorization. Per their official...
CZ Explains Migration Process in Wake of Binance’s Russia Exit
CEO of Binance Changpeng Zhao provided clarification after announcing the sale of Binance’s Russia business to digital asset exchange CommEx, which launched on September 26 and is backed by crypto...
Binance EUR Deposit Partner Bank Dumps Binance, Critic Reacts
In a recent announcement, Binance reported that Paysafe Payment Solutions Limited (Paysafe) has unilaterally ceased processing EUR deposits for its users. The unexpected decision has prompted Binance to issue a...
Binance Opts Turkey’s Istanbul for Binance Blockchain Event
Turkey garners attention in the highly competitive crypto space with its tremendous crypto-friendly environment and stupendous crypto adoption. Acknowledging the vast opportunities of the transcontinental country, Binance has chosen Istanbul...
11 Key Executives Leave Binance in 9 Months, What’s Truly Happening?
Binance, the largest crypto exchange, has witnessed a noteworthy exodus of at least ten critical executives from various departments over the nine months of 2023. These departures have not gone...
Binance Market Share Among non-USD Exchanges Drops by 25%
More troubles loom for cryptocurrency exchange Binance following a recent report that its market share among platforms that do not support US dollar trading has taken a significant hit. The...
