Paxos, the premier regulated blockchain and tokenization infrastructure provider, has announced that it will end its relationship with Binance for the BUSD stablecoin brand. The decision, which comes ...
Tag: Binances
Binance’s BNB drops 6% on latest US regulatory moves; bitcoin off lows but still down
Cryptocurrency prices were once again driven lower by regulatory developments, with Paxos and the New York Department of Financial Services going toe to toe and Binance suffering the consequences. &#...
Jump Crypto unveils critical vulnerability on Binance’s BNB Chain
Web3 infrastructure firm Jump Crypto has discovered a vulnerability in the BNB Beacon Chain, which would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to...
Should investors worry about the latest FATF report? Binance’s CZ says…
The latest FATF report underscored the need for more regulation in the financial sector. Digital transformation may align the crypto market in a favorable way. The 2021-2022 FATF report is finally out...
Binance’s Audit of Crypto Holdings and Liabilities Not Coming Soon
11 hours ago | 2 mins read Exchange News Binance’s Asia-Pacific president said the audit would take longer than first anticipated. CEO, Changpeng “CZ” Zhao, claims crypto audits are difficult. Followi...
Indian Crypto Exchange Wazirx Calls Binance’s Allegations ‘False and Unsubstantiated’ — Seeks Recourse – Exchanges Bitcoin News
Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” ...
Full audit of Binance’s reserves ‘some way off’ – exec
Binance Asia-Pacific head Leon Foong said a comprehensive audit of the exchange’s reserve is not possible in the near term, given the crypto learning curve for big accounting firms, Bloomberg N...
Bitcoin Volume On Most Exchanges Plunges, Binance’s Hits ATH
Data shows the Bitcoin volume dominance of Binance has hit a new all-time high as activity on other exchanges has fallen recently. Binance Accounts For 95% Of Bitcoin Volume Among Bitwise 10 Exchanges...
Binance’s BNB Chain Plans for Explosive Growth in 2023 After ‘Breakout’ Year: Messari
Binance’s BNB Chain appears primed to remain competitive in 2023 after facing down last year’s headwinds, according to the crypto analytics firm Messari. Messari research analyst James Trautman notes ...
Optimism (OP) Soars 30% Amid Binance’s BUSD Integration
Gamza Khanzadaev OP up 30% in 24 hours against background of major stablecoin integration into Optimism network The OP price has risen 30% in the last 24 hours, reaching values close to its absolute h...
Binance’s Significant Move Transferring 6.4T Shiba Inu Without Affecting Price
14 mins ago | 2 mins read Editors News Binance has recently made a significant move with the Shiba Inu (SHIB) token. The underlying motives behind these transactions remain a mystery. The world’s lea...
Binance’s BNB Chain Releases Whitepaper of Upcoming BNB Greenfield
12 seconds ago | 2 mins read Blockchain News Users with BNB tokens and a BNB Chain address may store information on greenfield. The goal of the development of these tools is to increase BNB’s use. BNB...
Binance’s New Blockchain Platform Aims to Build Web3 Infrastructure
In its recently published BNB Greenfield white paper, the cryptocurrency exchange Binance stated that it is interested in constructing a blockchain-based Web3 infrastructure. BNB Chain is a blockchain...
Cardano to Get Support of Binance’s BUSD Thanks to This Bridge
Arman Shirinyan Cardano becomes even more robust as new solution drops thanks to bridge According to the site of Cardanoscan blockchain explorer, users on Cardano will be able to use Binance’s s...
Uniswap votes to launch on Binance’s centralized BNB Chain
Listen to this article. A temperature check vote proposing to deploy Uniswap v3 on BNB Chain has passed with over 80% of the vote. This is despite community concerns about moving the decentralized exc...
Binance’s problems with SWIFT- The Cryptonomist
Binance’s banking partner SWIFT has decided to stop USD wire transfers below $100K. The termination of bank payment transfers will go into effect on 1 February. The news was released by Binance on 21...
Binance’s Banking Partner Will Start Ignoring Transactions Under $100K: Report
Crypto markets have been showing strong signs of recovery – but not everyone is convinced, and financial institutions are understandably on their guard. According to the Federal Deposit Insurance Corp...
Binance’s Signature Bank puts a certain ban on crypto traders – Cryptopolitan
According to a Bloomberg report, the biggest cryptocurrency exchange, Binance, has announced that Signature Bank would no longer process customer transactions worth less than $100,000 as the bank redu...
Binance’s SWIFT banking partner set to ban USD transfers below $100K
Binance has informed its retail customer base of a potential incoming service disruption that may halt on and off-ramp bank payment transfers. The service disruption will impact users of U.S Dollar-he...
BNB is headed to this area after Binance’s burn event worth $500 million
Binance burnt over two million BNB tokens worth over $500 million. BNB’s price was on an uptrend and in the overbought zone at press time. On 17 January, Binance [BNB] announced the completion of its ...
Binance’s New Feature Allows Institutions to Invest, Trade Using Cold Custody
The FTX crisis has put even more heat on centralized crypto exchanges, and cold wallets have all the focus now. It is only natural for the world’s largest crypto exchange to allow institutional player...
Binance’s Changpeng Zhao trolls Jim Cramer amid BTC price rise
Binance CEO Changpeng ‘CZ’ Zhao took to Twitter on Jan. 14 to make popular CNBC host Jim Cramer swallow his negative sentiments on crypto following bitcoin’s (BTC) climb back to the $21,000 price regi...
What’s happening with Binance’s $2 billion recovery fund?
After the collapse of FTX, Binance enjoyed several weeks of glowing press coverage about its commitment to spend $1 billion on helping the crypto industry. However, it appears that the wallet in quest...
Binance’s Stablecoin Hasn’t Alway Been Fully Backed, Report Says
Alex Dovbnya Binance has struggled to make sure that its stablecoin remains fully backed on several occasions, according to a new Bloomberg report According to a recent Bloomberg report, Binance, the ...
Judge okays Binance’s $1B deal to acquire Voyager Digital
Initial court clearance has been granted to the insolvent cryptocurrency lender Voyager Digital’s petition to sell its assets to Binance.US for $1.02 billion. Additionally, it stated that it would see...
Can Binance Manipulate Crypto Prices Like FTX? Binance’s Co-Founder Answers
He Yi, co-founder and chief marketing officer of Binance, on Tuesday said the crypto exchange has strict internal control over crypto trading by employees. After buying cryptocurrencies, employees mus...
Binance’s revenue grew 10x over two years: report
Binance is a global crypto giant, with this outlook reflected in the cryptocurrency exchange’s annual revenue. OKX also saw a 4x organic growth in its revenue over the same period, while Huobi recorde...
Nearly $12 Billion Vanishes From Binance’s Assets; What’s Going On?
According to a recent analysis, crypto investors have started withdrawing their digital assets from the Binance crypto exchange in recent weeks following the demise of the rival FTX. And, in spite of ...
Is Binance’s BUSD the Reason Behind the Recent Altcoin Pump? Here’s What Happened
The biggest cryptocurrency exchange in the world, Binance, made a significant effort last year to elevate its own stablecoin, BUSD, above that of competitors. However, 2022 wasn’t the best year for st...
Almeda Research and SEC oppose Binance’s plan to purchase Voyager’s assets
Voyager, a bankrupt digital lender, has labeled Alameda Research’s recent allegations concerning its bargain with Binance.US “baseless.” Last week, Alameda issued a scathing filing regarding the propo...
SEC Raises Concerns Over Binance’s Latest Acquisition
The acquisition of Voyager Digital leads Binance.US to more regulatory scrutiny, and possible review by US regulators. In a filing sent to the court, the United States Securities and Exchange Commissi...
Binance’s stablecoin BUSD hasn’t always been 1:1 backed, report
Binance has previously undercollateralized its stablecoin, BUSD, on its own blockchain, according to on-chain data revealing that the wallet backing the BUSD bridged from Ethereum’s blockchain onto Bi...