Researchers identify causes of ZKJ and KOGE crash on Binance Alpha
Polyhedra Network’s ZKJ and 48 Club Token (KOGE), popular on Binance Alpha, suddenly slumped. Researchers spotted signs of a coordinated dump of large holdings by several whales.
Researchers identify causes of ZKJ and KOGE crash on Binance Alpha
Polyhedra Network’s ZKJ and 48 Club Token (KOGE), popular on Binance Alpha, suddenly slumped. Researchers spotted signs of a coordinated dump of large holdings by several whales.
Binance Holds $31 Billion in Stablecoins, Attracts Major Investors
Cryptocurrency exchange Binance has consolidated $31 billion in reserves in stablecoins Tether (USDT) and USDC, accounting for nearly 59% of the total volume of “stablecoins” on the top 20 trading platforms, according to analysts at CryptoQuant.
Binance Seeks Dismissal of FTX’s $1.76 Billion Lawsuit
Cryptocurrency exchange Binance has filed a motion to dismiss a $1.76 billion lawsuit from FTX. The company’s lawyers described the claims as “legally deficient” and demanded the case be dropped. FTX filed the lawsuit last November, accusing Binance of intentionally withdrawing funds through a 2021 deal. At that time, the former bought back 20% of […]
Bloomberg: Hackers Target Binance and Kraken in Coinbase-Style Attacks
Exchanges Binance and Kraken successfully thwarted social engineering attacks similar to those that affected Coinbase, according to Bloomberg, citing sources. On May 15, the leading American crypto trading platform reported a data breach resulting from the bribery of overseas support staff. Coinbase claimed the leak affected no more than 1% of its clients. The attackers […]
The race for Alpha Points: a trap for airdrop hunters or Binance’s gold mine?
Binance Wallet has captured the lion’s share of on-chain trading activity thanks to the launch of the Alpha Points mechanic. Users who trade on Binance Alpha and keep funds within the exchange’s ecosystem earn points. Points can later be used to join TGEs and receive airdrops. In recent weeks Binance Wallet has accounted for up […]
BSV Investors Renew Compensation Demands Over Delisting
A group of Bitcoin SV investors, stemming from the Bitcoin Cash hard fork, intends to continue legal proceedings against Binance following the coin’s delisting in 2019. The coin was removed as part of a routine “re-evaluation” of listed assets. The delisting was announced amid criticism of BSV’s creator, Craig Wright, who had declared himself to […]
Binance Founder Seeks Pardon from Trump
Changpeng Zhao (CZ), the founder and former CEO of Binance, confirmed on the Farohk Radio podcast that he has submitted a pardon request to U.S. President Donald Trump. This occurred two weeks ago. In September 2024, CZ was released. The entrepreneur served a four-month sentence on charges of money laundering and other illegal activities. As […]
Bhutan Introduces Cryptocurrency Payments for Tourists
The government of Bhutan, in collaboration with local digital bank DK Bank, has implemented the Binance Pay service to accept cryptocurrencies in the tourism sector. Experience #Bhutan with the world’s first national crypto tourism payment system! Powered by Binance Pay and DK Bank, it offers seamless crypto payments for flights, hotels, local crafts, and much […]
Binance and Kyrgyzstan Forge Strategic Partnership
The largest cryptocurrency exchange, Binance, has joined forces with the National Investment Agency under the President of Kyrgyzstan to advance the digital assets sector. This was reported to ForkLog by representatives of the agency.
Binance Advises Nations on Establishing Bitcoin Reserves
Binance is advising several countries on the regulation of digital assets and is actively involved in developing strategies for forming cryptocurrency reserves. This was revealed by the company’s CEO, Richard Teng, in an interview with Financial Times. He noted that the United States sets the tone in the realm of crypto legislation under the leadership […]
Crypto Community Criticizes Potential Zcash Delisting on Binance
Binance has faced criticism for including Zcash in a delisting vote. Alongside it, tokens JASMY and FTT are also on the list. Zooko Wilcox, the founder of the privacy project, addressed the exchange’s CEO, Richard Teng: “Are you seriously considering delisting Zcash? What kind of world do you want to build for future generations — […]
Binance Resumes Withdrawals Following AWS Outage
The cryptocurrency exchange Binance has resumed withdrawals, which were temporarily halted due to a disruption at an Amazon Web Services (AWS) data center. The team is working to fully restore the platform’s operations. All services are starting to recover and resume. Withdrawals have also reopened. Please note that some services might experience delays while the […]We use cookies to improve the quality of our service.
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