Binance CEO Highlights Deteriorating Condition of Executive Tigran Gambaryan
Binance has called upon the US government and various global organizations to assist in the release of executive Tigran Gambaryan.
Binance CEO Highlights Deteriorating Condition of Executive Tigran Gambaryan
Binance has called upon the US government and various global organizations to assist in the release of executive Tigran Gambaryan.
Reports: Binance Restricts Some Palestinian Accounts
Ray Youssef, CEO of the P2P marketplace NoOnes, claimed that the cryptocurrency exchange Binance allegedly seized all funds from Palestinian clients at the request of the Israel Defense Forces. Media reports indicate that the restriction affected only a portion of the accounts. Binance has seized all funds from all Palestinians as per the request of […]
Binance Labs Highlights the Synergy of AI and Blockchain
Max Konilio, Investment Director at Binance Labs, explained the company’s foray into the artificial intelligence sector in a conversation with Cointelegraph. On August 14, the firm invested in Sahara AI, a startup aiming to develop AI using blockchain technology. On August 15, the organization supported another decentralized AI ecosystem, MyShell, which enables users to create […]
Binance Dismisses IPO Plans Amid Strong Financial Standing
Cryptocurrency exchange Binance is in a stable financial position and therefore does not consider an IPO. This was stated by the platform’s CEO Richard Teng in an interview with CoinDesk. “From the fifth month of operation, Binance became profitable, being very prudent in terms of expenses. So the topic [of an IPO] is not currently […]
BitBoy and NBA Star Settle Binance Promotion Lawsuit for $340,000
Cryptoblogger Ben Armstrong, known as BitBoy, and NBA star Jimmy Butler have agreed to a combined settlement of $340,000 to resolve a class-action lawsuit over promoting Binance, as reported by Cointelegraph. The claim alleges that the cryptocurrency exchange sold unregistered securities. On August 19, the influencers’ lawyers filed a motion in court for preliminary approval […]
New Class Action Lawsuit Filed Against Binance and Changpeng Zhao
A lawsuit has been filed in the Seattle federal court against Binance and its founder, Changpeng Zhao. According to the complaint, three crypto investors were unable to recover stolen assets because the exchange failed to prevent money laundering. The document states that the perpetrators stole cryptocurrencies from the plaintiffs and subsequently used the platform to […]
Binance Utilises AI to Combat Fraud
In 2024, Binance thwarted the theft of over $2.4 billion in user funds. The incidents affected 1.2 million of the exchange’s clients, as stated in the company’s blog. “This achievement is the result of Binance’s comprehensive risk management measures, which help effectively detect and flag suspicious transactions on the platform,” the report stated. The exchange’s […]
Binance Resumes Operations in India After Paying $2.2 Million Fine
Cryptocurrency exchange Binance has registered as a “reporting entity” with India’s Financial Intelligence Unit (FIU) and has resumed operations in the country. #Binance goes live in India ?? Binance is now registered as a reporting entity with India’s Financial Intelligence Unit, marking our 19th global regulatory milestone! Our website and app are now fully available […]
Solana and XRP Lead July’s Crypto Market Rally
In July, Solana and XRP surged by 30.5% and 27.6% respectively, while the market capitalization rose by 6.1%. TVL in the DeFi segment increased by 3.5%, whereas NFT sales decreased by 7.14%. Binance maintained its lead in trading volumes among centralized exchanges, despite a decline in figures. By the end of July, the price of […]
Binance Sets Deadline for Withdrawal of Delisted Monero and Other Tokens
The option to withdraw Monero, Multichain, Bitcoin Gold, and several other cryptocurrencies removed from Binance’s listing will remain available until September 1, 2024, announced the exchange. After this deadline, the platform will take a snapshot of the relevant user balances and convert the assets into the stablecoin USDC. Equivalent amounts will be credited to wallets […]
Venezuela Blocks Access to Binance, Social Network X, and Other Services
Venezuelan authorities have restricted access to Binance, social network X, and several other online services amid unrest following the presidential elections on July 28. Representatives of the platform assured users that their funds remain secure. Estimados Binancians, Al igual que varios sitios web de empresas de diferentes segmentos en Venezuela, incluidas las redes sociales, las […]Jump Trading Withdraws Additional $32.6 Million in USDC from Binance
On August 8, trading firm Jump Trading withdrew $32.6 million in USDC from the cryptocurrency exchange Binance. Analysts at Lookonchain highlighted this transaction. Jump Trading withdrew 32.6M $USDC from #Binance after they transferred $ETH to #Binance to sell yesterday. These $USDC may be deposited in #Coinbase (will likely be exchanged for USD).https://t.co/leaQYUaY0C pic.twitter.com/XfKNief7wl — Lookonchain […]We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.