BINANCE
Binance is one of the world's leading cryptocurrency Exchanges.
Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack
Three families of victims from the Hamas attack on Israel have filed a lawsuit against Binance, its former CEO Changpeng Zhao, Iran, and Syria, alleging their support for terrorism. The suit claims these parties provided substantial assistance to Hamas, spotlighting the challenges of regulating cryptocurrency in combating terrorism financing.
Binance Initiates Stake Reduction in South Korean Exchange Gopax to Comply with Regulatory Norms
Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues, following its acquisition in early 2023.
Justin Sun's $60 Million Crypto Exodus from Binance: Analyzing Market Implications
Tron founder Justin Sun has withdrawn $60M in cryptocurrencies from Binance since December 2023, including major assets like Ethereum and Shiba Inu, sparking market speculation.
Debiex Accused of $2.3M Romance Scam by CFTC
The CFTC has charged Debiex and Zhāng Chéng Yáng with conducting a romance scam, misleading customers to invest $2.3 million in a fraudulent scheme.
TrueUSD Depegging Linked to Binance Launchpool Activities
TrueUSD (TUSD) depegged below its $1 parity, dropping to $0.97, amid significant selling on Binance and issues with real-time reserve attestations. The depegging was linked to activities on Binance Launchpool and raises questions about stablecoin stability and transparency.
Binance Enhances Trading Options with New Pairs and Bot Services
Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.
India's Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store
India's FIU removes apps of major crypto exchanges, including Binance and Kraken, from the App Store, enforcing compliance with anti-money laundering laws amid new crypto tax policies.
Binance Launches Incentive Campaign for USDC-M Perpetual Contracts
Binance launches a dual-incentive promotional campaign for USDC-margined perpetual contracts, targeting deposits and trading activities to stimulate market engagement and diversify trading options in the crypto futures market.
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance confirms support for Optimism (OP) network's upgrade and hard fork on January 12, 2024, enhancing Ethereum's Layer 2 scalability and efficiency.
Binance's BNB Chain Fusion: Merging BEP-2 and BEP-20 for Enhanced Efficiency and Security
Binance's BNB Chain Fusion plans to unify BEP-2 and BEP-20 chains by April 2024, enhancing security and efficiency. Users must transfer BEP-2 and BEP-8 tokens to BEP-20 to preserve assets.
SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case
SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading.
Binance Introduces XAI Token Launchpool, Unrelated to Elon Musk
Binance has launched its 43rd Launchpool project, Xai (XAI), a gaming platform for users to stake BNB, FDUSD, and TUSD assets for rewards, with 277 million tokens released, 80% for BNB stakers. But is the Xai is not related to Elon Musk and the domain X.AI he owns.
Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
Binance's recent burning of 5.57 billion Terra Luna Classic tokens has significantly reduced LUNC supply, leading to a 7% increase in LUNC and USTC prices.
U.S. Judge Denies Changpeng Zhao's Second Attempt to Travel Abroad
Changpeng Zhao, former Binance CEO, is facing a travel ban in the U.S. due to flight risk concerns while awaiting sentencing for a felony charge.
Bloomberg: Changpeng Zhao's Net Worth Surges to $37.2 Billion
Changpeng Zhao's net worth has risen $25 billion since December 2022, ranking him 35th in the Bloomberg Billionaires Index despite facing legal challenges.