BINANCE
Binance is one of the world's leading cryptocurrency Exchanges.
Binance US Faces SEC Accusations Over Alleged Securities Trading Violations
The Securities and Exchange Commission (SEC) has leveled a series of accusations against the US operations of cryptocurrency exchange Binance, casting a significant cloud over the future of the platform in the United States.
SEC Files Complaint Against Binance: A Step Back for Crypto?
The U.S. Securities and Exchange Commission (SEC) filed a complaint today against Binance, a leading cryptocurrency exchange platform, shocking the crypto community. This action seeks, among other remedies, alleged emergency relief, despite the ongoing cooperative dialogue between the two parties.
Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues
According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday.
Binance Halts Certain Trading Pairs and Disables PayID AUD Deposits Amid Tightening Australian Regulations
In an ongoing adaptation to tighter Australian regulations, Binance, the world's largest cryptocurrency exchange, has announced significant changes affecting its Australian users.
Binance CEO Highlights CCTV's Crypto Coverage amid Market Uncertainties
Binance CEO, Zhao Changpeng, has offered an optimistic view following a recent cryptocurrency-focused broadcast by China Central Television (CCTV).
Binance Aids US Law Enforcement in Seizing $4.4 Million Linked to North Korean Cybercrimes
Leading cryptocurrency exchange Binance has assisted US law enforcement in seizing $4.4 million and freezing accounts associated with North Korean organized crime.
Binance's Chief Communications Officer Debunks Reuters' Claims, Denies Alleged Financial Irregularities
Binance's Chief Communications Officer, Patrick Hillmann, took to Twitter to vehemently deny allegations of Binance commingling customer and company funds as reported by Reuters. Hillmann called out the story as weak and filled with conspiracy theories.
Binance Accused of Commingling Customer Funds and Revenue, Says Reuters Report
Binance, the world's largest cryptocurrency exchange, is facing allegations of having commingled customer funds with company revenue in 2020 and 2021, violating U.S. financial rules that mandate the segregation of customer money, according to a special report by Reuters.
Binance Australia Maintains AUD Withdrawals Despite Suspension of PayID AUD Deposits
Binance has announced an immediate cessation of PayID AUD deposits and potential impacts on bank transfer withdrawals for its users. The unexpected decision follows an action taken by its third-party payment service provider.
Binance Adds Bitcoin Ordinals to NFT Marketplace
Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.
Google, UK, FTX and Binance in Crypto News
Google expands its Web3 program with 11 blockchain partners, while the UK government commits $125 million to accelerate its AI readiness. FTX is set to sell LedgerX for $50 million, and Binance.US backs out of a $1 billion Voyager asset purchase, citing regulatory concerns.
Binance set to reenter Japanese crypto market
Binance is set to reenter the Japanese crypto market after acquiring the regulated crypto exchange platform, Sakura Exchange Bitcoin (SEBC). The SEBC platform will terminate its current crypto exchange and brokerage services by May 31, 2023, and reopen as Binance Japan in June. Binance had to fold its Japan operations in 2018 after regulatory warnings, but has since mended relations with regulators and reentered other markets through acquisitions.
Binance CEO Denies Bloomberg's Net Worth Report
Binance CEO CZ denies Bloomberg's finance rich list that reported his net worth to be $28.2 billion. He claims to have a lot less than what is reported by some media outlets. CZ also stated that he does not view FTX exchange as a rival and welcomes more well-run exchanges in the space. CZ has been critical of mainstream media's representation of the cryptocurrency industry and has repeatedly denied information from major sources like Bloomberg and Forbes.
Binance Executive Accuses Former FTX CEO of Spreading Fake Rumors
Binance executive Patrick Hillmann accused former FTX CEO Sam Bankman-Fried of spreading fake rumors on Twitter to denigrate Binance CEO Changpeng Zhao. Hillmann claimed that Bankman-Fried used his influence to label CZ as an "evil Chinese" to perpetuate alleged scams at FTX.
Binance to Disable Multiple Old Deposit Addresses
Binance, the world's largest cryptocurrency exchange, is retiring selected deposit addresses and memos on various blockchains, including Ether, Tron, BNB, and Stellar, as part of its infrastructure upgrade. The exchange encourages impacted users to obtain new addresses and memos to enhance security and efficiency, and the migration is scheduled for April to June 2023.