Binance

Third Negative Funding Rate Reading for BNB Since 2023 Raises Concerns

Binance's funding rates have turned negative for the third time since 2023, signaling potential bearish market sentiment and a decline in demand for Binance Coin (BNB) long positions amid increased selling pressure and external controversies.

Binance Signals Potential Bitcoin Price Drop Amidst Market Volatility

Bitcoin may face a significant price drop towards $50,000 due to strong selling pressure on Binance, despite recent gains and positive ETF inflows.

Binance Labs Bets on AI with New Investments in Decentralized Platforms

Binance Labs has invested in AI-focused startups, Sahara AI and MyShell, to promote AI-powered decentralized applications, emphasizing the synergy between AI and blockchain technology.

Bitcoin's Coinbase Premium Reaches 39-Day Peak as Price Surges Past $63,000

Bitcoin's Coinbase Premium Index reached a 39-day high as US investor demand surged following signals from the Federal Reserve about potential interest rate cuts.

Floki Announces Simon’s Cat Airdrop: Key Details for Investors

Floki [FLOKI] announced that Binance will support a Simon’s Cat [CAT] token airdrop for FLOKI holders, leading to a 7% price surge.

Cryptocurrency Market Analysis: August 5, 2024

The analysis begins with a look at the S&P 500 (SPX) and the U.S. Dollar Index (DXY), which are crucial indicators of market sentiment.

Solana (SOL) Sees 13.72% Price Surge, Market Cap Reaches $68.16 Billion

Solana (SOL) is currently the fifth largest cryptocurrency by market capitalization, with a market cap of $68.16 billion and a price of $147.69.

US Govt. Files Forfeiture Action Against Scam-Linked Tether Held in Binance

The United States government has filed a forfeiture action against nearly $200,000 worth of Tether (USDT) held on Binance, which is linked to a fraudulent scheme involving customer support scams.

US Spot Bitcoin ETFs Record Second-Best Day Ever as BTC Hits 2-Week High

US spot Bitcoin ETFs recorded their second-best day ever as BTC hit a 2-week high. Binance Coin (BNB) skyrocketed to an all-time high, with a market cap bigger than UBS and Starbucks.

Binance Expands Crypto Adoption in Brazil with Mastercard-Powered Debit Card

Binance, the world's largest cryptocurrency exchange, has partnered with Mastercard to launch a prepaid crypto debit card in Brazil, further driving the adoption of digital assets in the region.

Crypto Betters Predict 17% Chance of Trump's Incarceration Before 2024 Election

Crypto bettors on Polymarket currently give a 17% chance that former U.S. President Trump will be in jail before the 2024 election

Binance Pauses Ethereum Deposits and Withdrawals for Maintenance

Binance, the world's largest cryptocurrency exchange, has announced that it will temporarily suspend deposits and withdrawals on the Ethereum (ETH) network for approximately two hours on May 29, 2024.

Legal Actions Against Changpeng Zhao, CEO of Binance

Changpeng Zhao, the CEO of Binance, is currently facing potential prison time due to legal actions taken against him by U.S. authorities.

Binance's Registration in France: A Landmark Move in the Crypto Industry

Binance, a prominent player in the cryptocurrency exchange market, made significant headlines with its registration in France, marking a pivotal moment in the company's global operations and regulatory compliance efforts.

Binance's Registration and Penalty by the Financial Intelligence Unit-India

Binance's fine by Indian regulators marks its effort to comply and resume operations, reflecting the evolving cryptocurrency regulation landscape in India.

Binance extends applications to small and medium projects

Crypto exchange Binance has invited small and medium-sized projects to participate in its listing programs to address high Fully Diluted Valuations (FDV) in the crypto sector. 

Binance vs OKX: The Ultimate Crypto Exchange in 2024

his article breaks down crucial features like fees, security, and trading options, offering you the insights needed to determine which may best align with your needs.

Kraken vs Binance: Your Ultimate Guide in 2024

When it comes to Kraken vs. Binance, the details matter. This analysis cuts to the chase, weighing fees, security, user experience, and trading options to help you pick the right platform.

Coinbase vs Binance: Top Crypto Exchanges for Traders

This coinbase vs binance comparison breaks down fees, security, trading features, and crypto availability to determine the best exchange for your needs.

Binance vs Crypto.com: Ultimate Crypto Exchange Showdown

When comparing Binance and Crypto.com, what’s at stake is not just choosing a digital trading platform, but finding your gateway to the crypto universe.

FRA to monitor Binance for three years

The US Department of Justice has appointed consultancy firm Forensic Risk Alliance to keep an eye on Binance’s operations for the next three years. 

Canadian regulator hits Binance with a $4.4M fine

Crypto exchange Binance has been slapped with a hefty fine of $4.4M by Canadian regulatory agency, FINTRAC.

Binance CEO urges Nigeria to release detained executive

Richard Teng, the CEO of Binance, has made a public plea to the Nigerian government, calling for the release of Tigran Gambaryan, head of the crypto exchange's Financial Crime Compliance team. 

Uniswap responds to SEC’s Wells notice

Uniswap revealed that the SEC issued a Wells notice to the firm, citing that the regulatory body warns of potential enforcement action against the crypto exchange.

Nigeria Government Demands $10B From Crypto Exchange Binance

Binance has been open in Nigeria for years, and the government has stopped its operations.

Binance to remove USDC deposits and withdraws via Tron Network

Binance has announced its plans to terminate support for USD Coin transfers via the Tron Network.

Wirex Alternatives: Top 7 Choices in 2024

Considering a swap from Wirex? Dive into our focused analysis of the leading wirex alternatives, where fees, features, and flexibility take center stage.

Binance Review 2024: Pros, Cons and How it Compares

This Binance review strips down to the essentials, examining its security, fee breakdown, and interface

OKX Alternatives: Top 9 Crypto Journey in 2024

Seeking OKX alternatives can be a quest for better trading conditions, fees, or simply a need for options in restricted regions.

Binance Alternatives: Top 8 Choices in 2024

Considering a switch from Binance? The right exchange for your crypto trading can make all the difference.

Court approves $2.7B settlement between CFTC and Binance

A federal court has directed Binance to pay a $2.7B penalty to the Commodity Futures Trading Commission (CFTC), bringing an end to the legal feud between the regulator and the crypto exchange.

Changpeng Zhao steps down as CEO of Binance

Changpeng Zhao has resigned as the CEO of Binance and pleaded guilty to the AML violations brought to light by the US Department of Justice.

Binance to launch Thai exchange in 2024

Binance will collaborate with the Gulf Energy Department to launch a Thailand-based crypto exchange in early 2024.

Binance re-enables deposit and withdrawal services for Euro

Crypto exchange Binance has restored deposit and withdrawal facilities for the Euro by teaming up with new fiat partners.

Binance launches new FCA-compliant domain for UK clients

Binance announced its plans to launch a new UK domain that complies with the regulations introduced by the FCA.

Binance exits Russia by selling local business to CommEx

Binance has agreed to sell off its Russian business to the recently launched crypto exchange CommEx as the firm intends to quit the Russian crypto market.

Changpeng Zhao refutes rumors of Binance delisting stablecoins in Europe

Changpeng Zhao quashed the rumors of Binance delisting stablecoins by June 30, 2024, noting the comments made by the exchange’s representative were taken out of context.

Binance.US CEO quits while the firm cuts one-third of its workforce

Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.

Binance to list 34 crypto tokens on its Japanese exchange

Binance plans to add trading services for 34 tokens on Binance Japan, a new exchange that caters to Japanese clients.

Crypto.com receives registration approval from Dutch Central Bank

Crypto.com secured registration approval from De Nederlandsche Bank (DNB) weeks after Binance exited the Netherlands after failing to register with the regulators.

Binance seeks to file motion to dismiss CFTC charges

Binance and its CEO Changpeng Zhao intend to file a motion with the court to dismiss the CFTC’s complaint. 

Binance enables Bitcoin deposits and withdrawals on Lightning Network

Binance has completed the integration of Bitcoin on the layer-2 protocol Lightning Network to enable faster BTC deposits and withdrawals for its clients.

BNB Chain to add security updates with ZhangHeng hard fork

Binance’s BNB Beacon Chain will implement new security features in its upcoming ZhangHeng hard fork.

Binance ends deposits and withdrawals for 8 Multichain-bridged tokens

Binance announced its plans to suspend deposit and withdrawal services for eight Multichain-bridged tokens starting July 7.

Binance burns $230K worth of Terra Classic tokens

Binance removed 2.65B Terra Classic tokens from circulation by sending them to a burn wallet.

Binance retracts decision to remove privacy tokens in EU nations

Binance has backtracked on its decision to delist Zcash, Dash, and other privacy tokens in EU countries.

Binance to stop operations in Netherlands

Binance announced its plans to withdraw from the Netherlands after an unsuccessful attempt at securing a VASP license from Dutch regulators.

Binance.US delists advanced trading pairs for BTC and BUSD

Binance.US announced its plans to delist ten BTC and BUSD advanced trading pairs after the SEC pressed charges against its parent company.

SEC sues Coinbase for offering unregistered securities

Less than a day after suing Binance, the SEC cracked down on Coinbase for selling unregistered securities to US clients.

SEC files lawsuit against Binance over alleged securities violations

The US Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao over the sale of unregistered securities.

Binance to launch new crypto exchange in Japan by summer 2023

Binance will re-enter the Japanese crypto market following the launch of a new crypto exchange in summer 2023.

Binance teams up with Gulf Innova to launch new crypto exchange

Binance's new Thailand-based crypto exchange, Gulf Binance, has received digital asset operator licenses from the country's Ministry of Finance.

OKX initiates application process to register with French regulators

OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Binance to cease operations in Canada

Binance announced its plans to suspend operations in Canada, citing a harsher regulatory environment as the reason behind withdrawing from the nation.

Binance releases new liquid staking token, Wrapped Beacon ETH

Binance launched a new liquid staking token, Wrapped Beacon ETH, on its rebranded Ethereum staking product.

ASIC revokes Binance Australia’s financial services license

The Australian Securities and Investments Commission (ASIC) revoked Binance Australia’s financial services license following a targeted review of the exchange’s operations.

Dubai regulators seek information on Binance’s governance process

Dubai’s Virtual Assets Regulatory Authority asked Binance to disclose details about its board procedures as the regulators tighten the application process for the operational license.

Voyager must close acquisition deal with Binance.US by April 13

A recent court document claimed that Voyager and its creditors may lose $10M every month if the bankrupt lender fails to close its deal with Binance.US by April 13.

US law firms file $1B lawsuit against Binance

Boies Schiller Flexner and Moskowitz Law Firm sued Binance, its CEO Changpeng Zhao, and three crypto influencers for unlawful promotion of unregistered securities.

Binance.US halts OCBS and stablecoin pairs for BUSD

Binance.US temporarily suspended One Common Billing System (OCBS) transactions for Binance USD.

BUSD records $500M outflows following CFTC’s crackdown on Binance

BUSD’s net outflows exceeded $500M after the CFTC filed a lawsuit against Binance.

Binance CEO denies the allegations made by CFTC’s complaint

Binance CEO Changpeng Zhao denied the accusations made by the CFTC's complaint. According to him, the regulatory agency's complaint was an “incomplete recitation of facts."

CFTC sues Binance for violating federal laws

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao, over alleged violations of federal laws.

Binance temporarily suspends spot trading

Binance temporarily suspended deposits, withdrawals, and spot trading services due to a bug affecting its trading engine.

FTX wallets transfer $145M in stablecoins to crypto exchanges

Three crypto wallets belonging to FTX and Alameda Research have transferred $145M worth of Tether and USD Coin tokens to crypto exchanges.

Binance to stop GBP deposits and withdrawals

Binance will suspend deposit and withdrawal facilities for Pound Sterling following issues with its current trading partner Skrill Limited.

Binance to convert $1B worth of IRI funds to native crypto tokens

Binance CEO Changpeng Zhao said the exchange will convert nearly $1B worth of Industry Recovery Initiative funds into native crypto assets following recent turmoil in the stablecoin market.

Binance and Coinbase halt USDC conversions

Crypto exchanges Binance and Coinbase have paused USDC conversions as the stablecoin fails to regain its USD peg.

Binance updates Proof-of-Reserves system to add 11 new tokens

Binance has upgraded its Proof-of-Reserves system to allow users to verify their assets for 11 new tokens. This brings the total number of verifiable tokens on Binance's PoR system to 24 coins.

US regulators oppose Binance.US’ $1.022B Voyager acquisition deal

The US SEC, the NYDFS, and Attorney General Letitia James filed objections to Binance.US’ $1.022B bid for acquiring Voyager Digital.

Binance moves to semi-automated system for managing B-token reserves

Binance will employ a semi-automated process for managing the reserves of its issued tokens following reports about the exchange’s mismanagement of B-token reserves.

Binance CEO denies severing ties with US business partners

Binance CEO Changpeng Zhao dismissed reports about the exchange ending relationships with US business partners due to pressure from regulators.

Binance mints 50M TUSD tokens following regulatory action against BUSD

Binance has minted nearly 50M TrueUSD tokens after the NYDFS ordered Paxos to cease issuing Binance USD.

Binance Research reveals Ether stakers are underwater

Binance Research has revealed that only 31% of Ether stakers are in profit while the rest are underwater. Most of the ETH holders in profit staked in December 2020 when the Beacon Chain was launched.

Binance is prepared to pay penalties for past conduct

Binance is ready to pay monetary penalties to US regulators to make amends for past regulatory violations. The exchange claims it grew quickly and was unaware of the laws and regulations to prevent money laundering and corruption.

Binance and Huobi freeze $1.4M worth of stolen crypto assets

Binance and Huobi have frozen $1.4M worth of crypto assets stolen by North Korean hacking group, Lazarus. The exchanges were able to suspend the accounts linked to Lazarus thanks to the findings of Elliptic.

Binance CEO says crypto industry may switch to non-USD stablecoins

Changpeng Zhao claimed that the pressure from regulators may shrink the USD stablecoin market and cause the crypto industry to switch to non-USD stablecoins.

New York regulator orders Paxos to stop issuing BUSD

NYDFS has ordered Paxos to stop issuing new BUSDs. This action by the regulator might cause a decrease in the BUSD market cap over time and users' migration to other stablecoins. 

TRON founder seeks to reduce withdrawal fees after fee hike on Binance

Justin Sun, the founder of TRON, announced that the firm is working with Binance to reduce the withdrawal fees on TRON tokens following a fee hike on Binance's platform.

Binance deploys zk-SNARKs on its proof-of-reserve system

Binance has integrated zk-SNARKs into its PoR system. This is a continued effort to promote transparency in the industry and regain users’ trust. Also, four tokens were added to the system. 

Paxos under investigation by New York regulator

Stablecoin issuer Paxos is being probed by the New York Department of Financial Services.

Binance APAC head claims full audit of reserves will take time

Leon Foong, Binance’s head of Asia-Pacific, claimed that a comprehensive audit of the exchange’s reserves will take time due to the steep learning curve associated with auditing crypto firms.

Binance to temporarily halt USD bank transfers

Binance will suspend US Dollar deposits and withdrawals starting February 8. The exchange has not revealed the reason behind the suspension.

Binance releases free tax reporting tool

Binance has launched a tax reporting tool called Binance Tax to aid its Canada and France-based clients in filing their taxes.

Binance Collaborates With Huobi To Recover $2.5M Worth Of Bitcoin Assets From Hackers

The security teams of Binance and Huobi teamed up to recover 124 Bitcoin from the hackers responsible for the Horizon Bridge Hack of 2022.

Binance To Re-Enter South Korea By Acquiring Gopax

Binance is reportedly in the process of purchasing a 41.2% stake in the South Korean crypto exchange, Gopax.

Binance CEO Cautions Users About “Widespread” API Key Leaks From 3Commas

Changpeng Zhao warned Binance users to disable 3Commas API keys following several reports of API key leaks from 3Commas.

Crypto Companies With Proof of Reserves

When it comes to custodial crypto services, there's nothing more important than their proof of reserves. We show who provides them, who doesn't and how it works.

Binance.US Set to Acquire Voyager Digital's Assets for $1 Billion

Binance.US is set to complete the acquisition of bankrupt crypto lender voyager.

Mazars Suspends Proof-Of-Reserves Audit Services For Crypto Exchanges

Binance reported that Mazars has stopped offering services to crypto exchanges. The auditing firm removed the web pages that showed its Proof-of-Reserves (PoR) audits conducted on Binance, Crypto.com, and KuCoin's reserves.

Mithril Demands A Refund Of 200,000 BNB From Binance Following Its Delisting

Mithril had asked Binance for a 200,000 BNB ($53M) refund after the exchange delisted its token. Binance delisted Mithril after its review showed the project was not meeting up with the exchange’s standards.‍

Binance CEO Cautions Against Holding Crypto In Self-Custody As The Exchange’s Weekly Outflows Top $3.66B

In a recent Twitter Space discussion, Changpeng Zhao claimed that investors are more likely to lose their crypto assets by keeping them in private wallets instead of centralized exchanges. 

Binance.US Launches Zero-Fee Payment Service For Mobile App Users

Binance.US added support for “Pay,” a service that allows users to instantly settle crypto payments without paying gas or transaction fees.

Binance Users Withdrew $1.9B Worth Of Crypto In 24 Hours

Binance's clients withdrew over $1.9B from the exchange in the last 24 hours. The $1.9B figure marks the highest volume withdrawn from Binance within a day since June. 

US DOJ Pondering Legal Action Against Binance

Binance might face legal action when DOJ completes its investigation on alleged money laundering.

Binance Re-enters Japan With SEBC Acquisition Deal

Binance has finally re-entered Japan with its SEBC acquisition deal. The exchange is now a JFSA-regulated entity offering crypto-regulated services in Japan.

US Senator Requests Major Crypto Exchanges To Disclose Consumer Protection Safeguards

Ron Wyden, the Chairman of the Senate Finance Committee, sent letters to the CEOs of six crypto exchanges asking them to reveal the measures they use to protect clients' funds.

Binance Transfers 127K Bitcoin To An Unknown Wallet As Part Of Proof-Of-Reserves Audit

After Binance moved 127K Bitcoin tokens to an unknown wallet, Changpeng Zhao claimed that the transaction was a part of the exchange's Proof-of-Reserves (PoR) audit.

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

Binance Launches Proof of Reserves System In Line With Its Commitment Towards Transparency

Binance launches Proof-of-Reserves in a bid to show transparency. The crypto community reacts to this milestone

Latest News

New York regulator orders Paxos to stop issuing BUSD

NYDFS has ordered Paxos to stop issuing new BUSDs. This action by the regulator might cause a decrease in the BUSD market cap over time and users' migration to other stablecoins. 

TRON founder seeks to reduce withdrawal fees after fee hike on Binance

Justin Sun, the founder of TRON, announced that the firm is working with Binance to reduce the withdrawal fees on TRON tokens following a fee hike on Binance's platform.

Binance deploys zk-SNARKs on its proof-of-reserve system

Binance has integrated zk-SNARKs into its PoR system. This is a continued effort to promote transparency in the industry and regain users’ trust. Also, four tokens were added to the system. 

Paxos under investigation by New York regulator

Stablecoin issuer Paxos is being probed by the New York Department of Financial Services.

Binance APAC head claims full audit of reserves will take time

Leon Foong, Binance’s head of Asia-Pacific, claimed that a comprehensive audit of the exchange’s reserves will take time due to the steep learning curve associated with auditing crypto firms.

Binance to temporarily halt USD bank transfers

Binance will suspend US Dollar deposits and withdrawals starting February 8. The exchange has not revealed the reason behind the suspension.

Binance releases free tax reporting tool

Binance has launched a tax reporting tool called Binance Tax to aid its Canada and France-based clients in filing their taxes.

Binance Collaborates With Huobi To Recover $2.5M Worth Of Bitcoin Assets From Hackers

The security teams of Binance and Huobi teamed up to recover 124 Bitcoin from the hackers responsible for the Horizon Bridge Hack of 2022.

Binance To Re-Enter South Korea By Acquiring Gopax

Binance is reportedly in the process of purchasing a 41.2% stake in the South Korean crypto exchange, Gopax.

Binance CEO Cautions Users About “Widespread” API Key Leaks From 3Commas

Changpeng Zhao warned Binance users to disable 3Commas API keys following several reports of API key leaks from 3Commas.

Crypto Companies With Proof of Reserves

When it comes to custodial crypto services, there's nothing more important than their proof of reserves. We show who provides them, who doesn't and how it works.

Binance.US Set to Acquire Voyager Digital's Assets for $1 Billion

Binance.US is set to complete the acquisition of bankrupt crypto lender voyager.

Mazars Suspends Proof-Of-Reserves Audit Services For Crypto Exchanges

Binance reported that Mazars has stopped offering services to crypto exchanges. The auditing firm removed the web pages that showed its Proof-of-Reserves (PoR) audits conducted on Binance, Crypto.com, and KuCoin's reserves.

Mithril Demands A Refund Of 200,000 BNB From Binance Following Its Delisting

Mithril had asked Binance for a 200,000 BNB ($53M) refund after the exchange delisted its token. Binance delisted Mithril after its review showed the project was not meeting up with the exchange’s standards.‍

Binance CEO Cautions Against Holding Crypto In Self-Custody As The Exchange’s Weekly Outflows Top $3.66B

In a recent Twitter Space discussion, Changpeng Zhao claimed that investors are more likely to lose their crypto assets by keeping them in private wallets instead of centralized exchanges. 

Binance.US Launches Zero-Fee Payment Service For Mobile App Users

Binance.US added support for “Pay,” a service that allows users to instantly settle crypto payments without paying gas or transaction fees.

Binance Users Withdrew $1.9B Worth Of Crypto In 24 Hours

Binance's clients withdrew over $1.9B from the exchange in the last 24 hours. The $1.9B figure marks the highest volume withdrawn from Binance within a day since June. 

US DOJ Pondering Legal Action Against Binance

Binance might face legal action when DOJ completes its investigation on alleged money laundering.

Binance Re-enters Japan With SEBC Acquisition Deal

Binance has finally re-entered Japan with its SEBC acquisition deal. The exchange is now a JFSA-regulated entity offering crypto-regulated services in Japan.

US Senator Requests Major Crypto Exchanges To Disclose Consumer Protection Safeguards

Ron Wyden, the Chairman of the Senate Finance Committee, sent letters to the CEOs of six crypto exchanges asking them to reveal the measures they use to protect clients' funds.

Binance Transfers 127K Bitcoin To An Unknown Wallet As Part Of Proof-Of-Reserves Audit

After Binance moved 127K Bitcoin tokens to an unknown wallet, Changpeng Zhao claimed that the transaction was a part of the exchange's Proof-of-Reserves (PoR) audit.

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

Binance Launches Proof of Reserves System In Line With Its Commitment Towards Transparency

Binance launches Proof-of-Reserves in a bid to show transparency. The crypto community reacts to this milestone

Binance Commits $1B As Recovery Fund For Distressed Crypto Companies

Binance has pledged $1B as an industry recovery fund for distressed crypto companies. The fund established by the exchange will help provide financial support and serve as an avenue for restoring confidence in Web3.

Bybit To Aid Institutional Traders By Launching $100M Support Fund

Bybit announced its plans to launch a $100M support fund to help institutional traders and market makers brave the current market conditions.

Binance CEO CZ Confirms Plan To Restart Bid For Bankrupt Crypto Lender Voyager

Binance ready another bid for Voyager's assets while clarifying its status as not a Chinese company.

Singapore Police Investigates Binance For Disobeying Local Payment Service Rules

Binance is on the radar of the Singapore police for a possible breach of local payment services rules. The exchange has been accused of actively soliciting its Singapore users, regardless of not being licensed in the country.

Genesis Rejects Notions Of Imminent Bankruptcy Filing

Genesis denied rumors of “imminently” submitting bankruptcy filings after failing to raise funds over the last week.

Binance Surpasses Coinbase In Holding The Largest Bitcoin Exchange Reserves

CryptoQuant's report revealed that Binance’s Bitcoin reserves have hit the 575K mark, thus making it the exchange with the largest BTC holdings.

Binance To Launch Industry Recovery Fund To Support Troubled Crypto Ventures

Binance seeks to set up an Industry Recovery Fund to aid crypto projects that are under the threat of a liquidity crunch.

Sam Bankman-Fried Seeks To Raise $4.9B For FTX

Sam Bankman-Fried reportedly aims to raise $4.9B from investors and other crypto platforms to aid FTX in escaping its liquidity crisis.

FTX CEO Publicly Apologizes For Recent Liquidity Crisis

Sam Bankman Fried, the CEO of FTX, issued an apology and shed light on the circumstances that led to FTX facing a liquidity crunch.

Binance Publicly Shares Major Asset Holdings To Improve Transparency

Binance has disclosed its major asset holdings to the public to improve transparency and foster trust in the industry. The company is making this move the cushion the effects of the FTX bank run.

Binance Terminates FTX-Bailout Deal

Binance has pulled out of its agreement to purchase FTX after going through the latter's finances.

Crypto Exchanges Agree With Changpeng Zhao’s Proposal To Publish Proof-Of-Reserves

Several prominent crypto exchanges, including OKX, Bybit, and KuCoin, have announced their plans to publish Proof-of-Reserves to provide full transparency to their customers.

Binance Considers Pulling Out Of FTX-Takeover Deal

Binance is reportedly considering terminating its acquisition deal with FTX less than a day after signing a non-binding LOI to “save” FTX from a liquidity crunch.

FTX Bank Run: An Unexpected Turn Of Events

This article covers what led to the downfall of FTX, the lessons, and the potential winners and losers of this event.

Binance’s Acquisition Of FTX Causes Crypto Prices To Plummet

The Binance-FTX acquisition deal sparked liquidity fears in the crypto community, causing huge selloffs and wild fluctuations in the prices of crypto assets.

BlockFi Says Products Are Fully Functional Amidst The Binance-FTX Deal

BlockFi has stated that all its products remain fully functional regardless of the Binance-FTX deal. The lending firm, which was supposed to be acquired by FTX, will now run as an independent entity until at least July 2023.

Binance Agrees To Purchase FTX By Signing Non-Binding Letter Of Intent

According to the latest set of tweets by the CEOs of Binance and FTX, the two exchanges have reached an agreement wherein Binance will “fully acquire” FTX.

Elon Musk Twitter Takeover Will Boost Crypto Adoption Globally

Elon Musk's purchase of Twitter is a big win for the crypto community as it promises the global adoption of crypto.

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

Binance’s Stablecoin Hits All-Time High Market Share Of 15.48%

BUSD's stablecoin market share increased to its highest level at 15.48%. The token's market capitalization also grew by 22.88% within the past 2 months.

Binance.US Releases VeChain Staking Product

Binance.US launched a staking product for VeChain Token (VET) that pays out rewards every week in the form of VeChain Thor (VTHO) tokens.

Japan To Ease Screening Process For Listing Virtual Tokens

Japanese regulators plan to ease regulations to allow registered crypto exchanges to list digital tokens without undergoing a long screening process.

Binance Aids Bitcoin Miners By Launching $500M Lending Pool

Binance revealed its plans to support Bitcoin miners by launching a $500M lending pool.

Binance Halts BNB Smart Chain Following Over $100M Cross-Chain Bridge Exploit

Binance has halted its BNB Smart Chain (BSC) due to a $100 million to $110 million exploit on its cross-chain bridge. Binance CEO, Changpeng Zhao, confirms the situation has been contained, and users' funds are safe.

FTX’s CEO Reveals How They Will Approach Celsius' Auction

Addressing Simon Dixon's Tweets, Sam Bankman-Fried disclosed how FTX would place bids on Celsius’ Assets.

Binance Officially Launches Ethereum Proof-of-Work Mining Pool

Binance has officially launched mining services for Ethereum PoW miners. It is running a one-month promotion in which miners can enjoy zero fees on all earnings. However, this does not guarantee the listing of ETHW.

FTX Reportedly Seeks To Acquire Celsius’ Assets

According to sources, Sam Bankman-Fried, CEO of FTX, is considering bidding on crypto lender Celsius’ assets to bail the latter out of bankruptcy.

Binance Seeks To Resume Operations In Japan

After suspending services in Japan in 2018, Binance now seeks a license to resume its operations. Binance's renewed interest in operating in Japan is due to the nation softening its stance on crypto.

FCA Warns Citizens Over FTX’s Lack of Authorization to Operate in the UK

UK’s FCA says crypto exchange FTX is not authorized to operate in the country. It warns citizens of the risks of investing in unregistered companies.

WazirX Joins Binance To Delist USDC And Other Stablecoins

WazirX has announced the delisting of three stablecoins: USDC, USDP, and TUSD, and their auto-conversion to Binance USD. Like Binance, WazirX believes this move would help enhance liquidity and capital efficiency.

CZ Binance Supports Biden’s Regulatory Policy

In light of the new crypto regulations by the US Presidency, CZ Binance has shown his support for the policy. Zhao stated the new policy's positive effects would help drastically eliminate illicit activities.

Binance Loses $20M Worth Of HNT Tokens Due To An Accounting Bug

Binance misallocated over $20M in Helium tokens due to a glitch that caused the platform to count HNT and MOBILE tokens as one.

FTX Emerges As The Top Bidder In The Auction To Buy Voyager’s Assets

FTX submitted the highest offer to purchase Voyager Digital’s assets by outbidding Wave Financial in an auction that began earlier this week.

WazirX Resumes Operations After ED Unfreezes Its Assets

India's Enforcement Directorate (ED) lifted the sanctions it had earlier imposed on WazirX’s bank accounts, allowing the latter to resume its services.

Coinberry Sues Users After Losing 120 BTC Due To A Software Glitch

Coinberry filed a lawsuit against 50 users who exploited a vulnerability in its software to drain $3M worth of Bitcoin assets.

SEBA Bank Launches Ethereum Staking Services

Switzerland’s SEBA Bank integrated support for Ethereum staking just a few days before the much-anticipated Ethereum Merge goes live.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Binance To Stop Supporting USDC And Other Stablecoins By September 29

In the coming weeks, Binance would stop supporting USDC and other stablecoins in a bid to increase liquidity. This doesn't mean that they are delisting these tokens as users can still deposit and withdraw them.

UK Mandates Crypto Exchanges To Provide Reports Of Suspected Sanction Breaches

The OFSI updated its guidelines to force all “cryptoasset exchange and custodial wallet providers” operating in the UK to report suspected sanction violations to the regulatory firm.

ShadowFi Loses $301K In A 2-Phase Attack On Its Liquidity Pool

ShadowFi lost 1,078 BNB tokens in a 2-phase exploit attack that drained the DeFi platform’s liquidity pool to $0.

Ava Labs Denies Crypto Leaks’ Conspiracy Accusations

Ava Labs CEO dismissed accusations that the firm paid off Roche Freedman to sue its competitors.

VGX Surges By 125% In 24 Hours Following Rumors Of Voyager's Takeover

Voyager's native token, VGX, saw a sudden rise as its value surges by over 125% within 24 hours while rumors of the platform's buyout begin to circulate. 

Binance Freezes Tezos Developer’s Corporate Account Worth $1M

Crypto exchange Binance restricts Tezos developer Baking Bad’s $1M worth of crypto assets over a law enforcement request. Additionally, Binance accuses the Tezos tool contributor of misleading the community with its false claims.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Retail Investors Massively Adopting Bitcoin and Crypto Amid The Inflation - Binance Executive

Worldwide inflation pushes investors to adopt Bitcoin and other cryptos in a bid to protect themselves.

Uzbekistan Blocks Access To Unlicensed Crypto Exchanges

Authorities of Uzbekistan have begun restricting access to crypto exchanges and trading platforms that are not registered under the nation’s laws.

Binance And WazirX In Dialogue To Resolve Ownership Dispute

Crypto exchanges, Binance and WazirX, are trying to reach an agreement over the ownership disagreement between them.

Binance To Support Ethereum Merge And May List Fork Tokens

The notable Ethereum “Merge” event could lead to many forks and Binance is open to listing them on the exchange.