Tag: Binance
CZ Steps Down as Chairman of Binance.US
Crypto exchange Binance’s founder and former CEO Changpeng Zhao (CZ) is stepping down from his role as Chairman of the Board of Directors at Binance.US. Norman Reed [more…]
Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition
Richard Teng, Binance’s new CEO, prioritizes user protection and appeal amid leadership changes following Changpeng Zhao’s resignation and $4.3 billion legal settlement for anti-money laundering violations. (Read [more…]
Binance’s MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track
Binance’s MVB Accelerator Program and CMC Labs are collaborating to launch a new Founder Track, aiming to incubate 100 innovative projects on BNB Chain and support Web3 [more…]
Binance’s Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report by 0xScope, published on November 6, 2023, provides a comprehensive overview of the changing landscapes within the centralized exchanges (CEXs) over the [more…]
Binance Halts BUSD Lending and Pushes for FDUSD Transition!
Binance, the cryptocurrency exchange, will phase out its Binance USD (BUSD) lending services by October 25, as part of efforts to terminate all BUSD-related offerings by 2024. [more…]
Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks
Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent networks in Thailand, according to Binance official [more…]
Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX
On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading Services Inc., BAM [more…]
Binance Reopens to New Registrations in Belgium!
After a temporary suspension, Binance has reopened its doors to new Belgian customers. The cryptocurrency exchange announced that it is now accepting new registrations from Belgian residents. [more…]
SEC Pushes for Inspection Into Binance.US Over Failure to Produce Documents!
The U.S. Securities and Exchange Commission has once again accused Binance.US of failing to produce documents sought by regulators in ongoing legal proceedings. In a court filing [more…]
Head of Legal and Chief Risk Officer Leaving Binance.US!
Krishna Juvvadi, Head of Legal, and Sidney Majalya, Chief Risk Officer, are leaving Binance.US, according to sources familiar with the matter. This comes in the wake of [more…]
Binance Revamps Fiat Liquidity Provider Program with New Eligibility Criteria and Incentives
Crypto Exchange Binance has announced updates to its Fiat Liquidity Provider Program, slated to come into effect from 25th September 2023 at 00:00 (UTC). The newly introduced [more…]
Will the Binance.US CEO’s Resignation Trigger a Domino Effect?
Staffing and Executive Changes Binance.US, the American subsidiary of the global cryptocurrency exchange, has recently undergone significant staffing changes. The company confirmed the departure of its president [more…]
Binance Donates $500K Worth of Binance Coin to Support Flood Victims in Libya!
Binance is donating up to $500,000 worth of Binance Coin (BNB) to support victims of floods in Libya. The exchange will airdrop $100 in BNB to all [more…]
Binance to Support REI and MobileCoin Network Upgrades
Binance confirmed its support for the upcoming network upgrades and hard forks of both REI Network (REI) and MobileCoin (MOB). This move is in line with the [more…]
Binance Introduces Zero Maker Fee for ARS, BRL and ZAR
Binance has responded to user demand by launching a zero maker fee promotion for spot trading pairs involving Argentine Peso (ARS), Brazilian Real (BRL), and South African [more…]
Enhancing Embedded Trading Wallet: Paysafe and Eightcap Partner
Paysafe and Eightcap have announced an expanded partnership that introduces an innovative embedded trading wallet solution. This collaboration aims to provide an integrated financial solution for both [more…]
Binance Collaborates with Tajikistan Authorities in Counterterrorism Efforts
Binance, the world’s leading cryptocurrency exchange, has been instrumental in aiding the arrest of key members of the Islamic State – Khorasan Province (ISKP), an affiliate of [more…]
Binance to Delist LTC/BUSD and DOGE/BUSD Perpetual Contracts
Binance Futures has announced its decision to delist the USDⓈ-M LTCBUSD and DOGEBUSD Perpetual Contracts. Here are the primary details: Automatic Settlement and Delisting All positions on [more…]
Liquid Partners with Binance to Enhance Identity Verification with eKYC Solution in Japan
Liquid Inc., the company responsible for Japan’s widely recognized eKYC solution “LIQUID eKYC,” announced a strategic partnership with Binance, the world’s largest cryptocurrency exchange by trading volume [more…]
Binance CEO CZ Reveals Plans for More Stablecoins To Rival USTD
Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and it is backed by reserves held by its parent company, iFinex. This Hong Kong based [more…]
Binance Seeks Dismissal of CFTC Lawsuit, Claiming Jurisdiction Issues!
Crypto exchange Binance is fighting back against a lawsuit filed by the US Commodity Futures Trading Commission, arguing that the agency is overstepping its jurisdiction. The CFTC [more…]