BINANCE
Binance is one of the world's leading cryptocurrency Exchanges.
Binance linked to illegal cryptocurrency platform Bitzlato
Binance is related to Bitzlato, according to FinCEN. The obscure platform collected $206 million from darknet marketplaces, $224 million through frauds, and $9 million from ransomware perpetrators.
Binance NFT to Delist Assets With Low Trading Volume
NFT listings on Binance have been tightened. NFTs listed on Binance before Oct. 2, 2022, with an average daily trading volume under $1,000 will be delisted. NFT artists may only manufacture five digital collectibles each day after that.
Binance tightens NFT rules, announces delistings and KYC
Binance has tightened NFT listings. Binance will delist NFTs having an average daily trading volume below $1,000 listed before Oct. 2, 2022. After that, NFT artists may only manufacture five digital collectibles every day.
Binance Spreads Holiday Cheer With Themed Gift Card And Secret Santa Events
This year, Binance expanded its Gift Cards selection to include over 238 unique holiday-themed designs. Adding to the festivities, the platform is hosting a series of promotional events, including Mystery Boxes and a Secret Santa promotion with more than $70,000 in rewards.
As Criticism Of Binance grows, It Joins Lobbying Organization
Binance joined the Chamber of Digital Commerce, a U.S. crypto sector lobbying organization. The worldwide trading platform is accused of being uncontrolled. Critics say Binance brought down FTX. Binance's VP of public relations expects the agreement would result in clear US crypto legislation.
CZ Resolves Delisted Project's Accusations, BNB Insurance For Binance Listing
Binance delisted Mithril, a decentralized social network. The crypto project requested its 200,000 BNB (BNB) insurance deposit. Binance CEO Changpeng Zhao reacted to MITH's request on Twitter with an image of their contract, which states that the exchange may deduct the insurance money partly or totally as an extra charge if the listed token price falls below a particular level.
Binance employs Trump audit company to check crypto reserves
Mazars audits Binance's proof-of-reserve (PoR). Mazars' U.S. branch was Donald Trump's longstanding accounting firm. The accounting company is apparently evaluating all of Binance's publicly posted Bitcoin PoR information and will validate future upgrades and tokens.
Genesis rejects bankruptcy plans
Genesis, a cryptocurrency loan startup, has denied reports that it is contemplating a "imminent" bankruptcy case. According to reports, the company had difficulty acquiring funds for its lending section and informed investors that it would have to declare bankruptcy. Genesis said on November 16 that withdrawals had been temporarily halted due to "unprecedented market turmoil" after FTX's demise.
Binance CEO Says the Industry has been Setback a Few Years With FTX Saga
The collapse of FTX, according to Binance CEO, Changpeng Zhao has set the industry back by a few years
FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report.
Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push
Binance Bails Out From FTX Takeover Deal
Binance on Twitter announced the crypto exchange has ended the acquisition plan because, among other reasons, FTX has mishandled customer funds.
Billions of Dollars Exit Exchanges as Investors Scuttle Towards Safety
Investors are withdrawing their funds from exchanges amid the FTX implosion
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B
FTX Downfall Leaves Crypto Market in FUD Sentiment
FTX native token FTT has fallen 71.6%, CoinGecko showed, and the firm's net crypto asset holdings have plunged 83% in just the past two days, making SBF's total assets lose an estimated $14.6 billion – nearly 94% of his total wealth.