Binance
18 articles about Binance — crypto guides, analysis, and market commentary.
Exclusive: Binance set to lose EU licence bid, permission to offer services in the bloc, sources say
Binance faces regulatory hurdles in the EU The news comes after a series of regulatory hurdles for Binance, as countries around the world crack down on the cryptocurrency industry. The EU's decision to deny Binance a license is just the latest blow for the exchange, which has faced similar challenges in the UK and Japa
Binance Wallet's SpaceX IPO Subscription Attracts $557M Funding
What is Binance Wallet? Binance is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $2 billion. It offers a variety of services, including spot and margin trading, as well as a crypto wallet. The Binance wallet allows users to securely store their digital assets and provides
Philippines' central bank says Binance and its local partner lack licenses to operate
The Central Bank's Statement The Bangko Sentral ng Pilipinas (BSP) released a statement on Tuesday, December 10, stating that Binance, the world's largest cryptocurrency exchange by trading volume, is not authorized to operate in the Philippines. This statement comes after the central bank conducted an investigation in
Binance eyes Philippines return through SEC sandbox partnership
What is Binance? Binance is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade a wide variety of digital assets. It was founded in 2017 by Changpeng Zhao and has quickly become one of the largest and most influential exchanges in the crypto market. The Controversy Surrounding Binance i
Hackers Reportedly Leak 1.5 Million Binance Account Login Data
Data Security Concerns As Binance continues to expand and attract more institutional traders, it has also become a popular target for hackers. In recent years, the cryptocurrency exchange has been hit with several high-profile security breaches, resulting in millions of dollars worth of cryptocurrency being stolen. Thi
Australia court fines Binance Australia $6.9 million over client onboarding failures
The Ruling The ruling by the Australian Federal Court comes after an investigation by the Australian Securities and Investments Commission (ASIC) into the activities of Binance Australia. The court found that Binance had failed to properly identify and classify its Australian clients, resulting in them being treated as
Binance denies report on Iran-linked sanctions breaches and investigator firings
Binance Cleared of Sanctions Violations Crypto exchange giant Binance has been in the spotlight recently after facing allegations of violating U.S. sanctions. However, the company has recently announced that an internal review, conducted with the help of external counsel, has found no evidence of any sanctions violatio
BlackRock enters DeFi as institutional crypto push accelerates: Finance Redefined
Bitcoin and Ether Rebound Amid ETF Outflows After a recent dip in prices, Bitcoin (BTC) and Ether (ETH) have rebounded modestly. Despite this, outflows from crypto ETFs have been mounting, with investors showing less confidence in the market. However, experts remain optimistic about the long-term potential of both BTC
Binance Denies Fake Cease-and-Desist Claim Amid Bankruptcy Rumors
Rumors of Financial Issues and Cease-and-Desist Letter Denied by Binance Binance, the leading cryptocurrency exchange in the US, has recently been hit with rumors about its financial troubles and an alleged cease-and-desist letter from regulatory authorities. However, the exchange has come out to strongly deny these cl
Binance confirms Visa, Mastercard withdrawal pause for Ukrainian users
Regulatory Changes Impact Ukrainian Crypto Users Binance, one of the largest cryptocurrency exchanges in the world, has recently announced that they will no longer support Visa and Mastercard withdrawals for users in Ukraine. This decision was made due to changes in regulations that affect the services provided by Bifi
Upbit hack puts Binance's emergency freeze policy under scrutiny
Binance and South Korean Police Clash Over Upbit Hack Funds There has been a recent clash between Binance, one of the world's largest cryptocurrency exchanges, and the South Korean police over the handling of funds linked to the Upbit hack. Upbit, a major South Korean exchange, was hacked in November 2019, resulting in
Binance suspends employee over using insider information for personal gain
Insider Trading Scandal at Binance #Binance #InsiderTrading #CryptoScandal Binance, one of the world's largest cryptocurrency exchanges, has been embroiled in a scandal involving insider trading. The exchange recently announced that it had suspended an employee and reported the incident to authorities. This news has se
Binance appoints Yi He as co-CEO
Yi He Takes on Co-CEO Role Yi He, who co-founded Binance with Changpeng Zhao in 2017, will now serve as co-CEO alongside Zhao. This move marks a significant step for the company as it continues to expand and solidify its position as one of the leading cryptocurrency exchanges in the world. #Binance #Cryptocurrency #CoC
‘There were no money-laundering charges': CZ claps back at Senator Warren
Binance founder responds to Elizabeth Warren's money laundering accusation Binance, one of the leading cryptocurrency exchanges, has been making headlines recently due to its rapid growth and increasing controversy. The latest controversy involves US Senator Elizabeth Warren, who accused Binance founder Changpeng Zhao
France turns up the heat on Binance and rivals amid EU power struggle
ACPR Audit of Binance and Other Exchanges The French regulator, Autorité de contrôle prudentiel et de résolution (ACPR), has announced that it is conducting an audit of Binance and several other cryptocurrency exchanges. This move comes as France aims to strengthen its role in enforcing the upcoming Markets in Crypto-A
Binance Set to Delist 4 Altcoins: What You Need to Know
Binance Delists Four Altcoins In a surprise announcement, Binance, one of the largest cryptocurrency exchanges in the world, revealed that it will be delisting four altcoins from its trading platform. The affected tokens are SALT, SUB, MOD, and WINGS, all of which saw a significant drop in their prices following the ne
US SEC case against crypto exchange Binance put on hold
The Case Against Binance The SEC filed a lawsuit against Binance in April, alleging that the exchange illegally offered and sold securities without being registered with the commission. The lawsuit also named Binance CEO Changpeng Zhao and an additional company, Binance Holdings Limited, as defendants. The SEC claimed
Did A Massive Bitcoin And Ethereum Sell-Off By Binance Trigger The Market Crash? Crypto Exchange Responds
The Allegations: According to the claims, Binance had been selling off large amounts of Bitcoin and Ethereum in chunks of 10,000 BTC and 100,000 ETH respectively. This caused a stir within the crypto community, with many speculating on the reasons behind the alleged selloff. Some suggested that Binance may be facing fi