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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#Binance

Binance.US Reports 75% Revenue Decline Following SEC Lawsuit
ForkLog 8 06.03.2024

Binance.US Reports 75% Revenue Decline Following SEC Lawsuit

The American branch of Binance experienced a 75% drop in revenue and laid off 200 employees following the filing of a lawsuit by the SEC against the cryptocurrency exchange, according to court documents. In June 2023, the regulator brought 13 charges against Binance, including the unregistered offering of securities in the form of digital tokens. […]
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Binance Reports Withdrawal Issues
ForkLog 5 05.03.2024

Binance Reports Withdrawal Issues

The largest cryptocurrency exchange, Binance, has reported difficulties with withdrawals from its platform.
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Binance to Cease Nigerian Naira Services
ForkLog 11 05.03.2024

Binance to Cease Nigerian Naira Services

Starting March 5, cryptocurrency exchange Binance will gradually discontinue all services involving the Nigerian naira (NGN), including P2P, Binance Pay, and Invest services. Deposits in NGN will cease from March 5 at 14:00 UTC (15:00 WAT). On March 7 at 03:00 UTC, all existing spot trading pairs with this fiat currency, BTC/NGN and USDT/NGN, will […]
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Nigerian Authorities Summon Binance CEO for Questioning
ForkLog 7 04.03.2024

Nigerian Authorities Summon Binance CEO for Questioning

The Nigerian House of Representatives Committee on Financial Crimes has summoned Binance cryptocurrency exchange CEO Richard Teng to appear before the agency by March 4 to testify regarding alleged terrorism financing and money laundering. This was reported by local media. Committee Chairman Ginger Onwusibe expressed the intention to protect Nigerians from financial crimes, particularly those […]
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Binance Denies $10 Billion Fine from Nigerian Authorities
ForkLog 13 01.03.2024

Binance Denies $10 Billion Fine from Nigerian Authorities

The Nigerian government has demanded $10 billion in damages from the cryptocurrency exchange Binance for allegedly manipulating the exchange rate of the naira (NGN), according to a report by the BBC. March 3, 2024 | 12:32Update: A Binance representative told Peoples Gazette that the company has not received any fine from local authorities for such […]
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Binance Explores Modular Blockchains as a Solution to Scaling Challenges
ForkLog 8 01.03.2024

Binance Explores Modular Blockchains as a Solution to Scaling Challenges

The Binance Research team has released a report addressing scaling issues in L1/L2 networks and explaining how modular blockchains aim to resolve these challenges.  The modular ecosystem is fast growing and set to push the frontier of blockchain scaling this year. Our new #Binance report explores these developments among the wider scaling landscape, featuring Celestia, […]
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Binance Denies Mass Account Blocks for Ukrainian Users
ForkLog 16 01.03.2024

Binance Denies Mass Account Blocks for Ukrainian Users

On March 1, media outlets reported that Ukrainian users of the cryptocurrency exchange Binance faced “mass account blocks followed by their removal from the system.” A representative of the platform, in a comment to ForkLog, denied the existence of a problem affecting all clients in the region. “At present, no specific actions are being taken […]
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Binance Executives Detained in Nigeria Amid Cryptocurrency Crackdown
ForkLog 17 29.02.2024

Binance Executives Detained in Nigeria Amid Cryptocurrency Crackdown

Two senior executives of Binance have been arrested in Nigeria as the country enforces stringent measures against cryptocurrency exchanges, reports the Financial Times. According to the publication’s sources, company representatives flew to Nigeria following the authorities’ decision to ban several digital asset trading sites. However, upon arrival, they were detained by the office of the […]
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Binance Reports Surge in Restaking Sector
ForkLog 9 27.02.2024

Binance Reports Surge in Restaking Sector

The volume of locked assets in restaking protocols has surged by 700% in 2024, expanding beyond the Ethereum ecosystem, according to Binance Research experts. EigenLayer’s TVL has risen by over 700% through 2024. In our new #Binance report, we explore the restaking market, EigenLayer, restaking on other chains, liquid restaking & LRTs, and more! Some […]
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US Court Approves Binance's $4.3 Billion Settlement with Justice Department
ForkLog 10 24.02.2024

US Court Approves Binance’s $4.3 Billion Settlement with Justice Department

A federal court in the Western District of Washington has approved a $4.3 billion payment by cryptocurrency exchange Binance to the US Department of Justice as part of a plea agreement. This was reported by Bloomberg. According to the signed memorandum, the platform has agreed to implement significant measures to ensure ongoing compliance with US […]
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Binance to Remove Six Leveraged Trading Pairs
ForkLog 10 19.02.2024

Binance to Remove Six Leveraged Trading Pairs

The cryptocurrency exchange Binance announced that on February 28, starting from 06:00 UTC (08:00 Kyiv), it will cease support for six leveraged crypto asset pairs. The changes will affect:  BNBUP/USDT; BNBDOWN/USDT; ETHUP/USDT; ETHDOWN/USDT; BTCUP/USDT; BTCDOWN/USDT. All trading orders related to the aforementioned pairs will be automatically removed with no option for re-placement. Users are advised […]
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FDUSD Trading Pairs Reach Record Volume on Binance
ForkLog 13 15.02.2024

FDUSD Trading Pairs Reach Record Volume on Binance

Trading pairs with the stablecoin First Digital USD (FDUSD) accounted for 38% of the total spot trading volume on Binance, according to experts from The Block. Data: The Block. The figure rose by 42.6% over the month. “It was quite expected that FDUSD would gain some popularity on Binance, considering that BTC/FDUSD trading is fee-free, […]
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