Binance | ForkLog

ForkLog 19 08.08.2022

The wave of consolidation: why FTX and Binance are investing billions in troubled companies

Against the backdrop of the crypto industry’s contagion, Sam Bankman-Fried, Changpeng Zhao and Justin Sun announced plans to deploy billions to help troubled players. ForkLog examines what the industry magnates are aiming to achieve.

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ForkLog 18 05.08.2022

Changpeng Zhao Denies Link Between Binance and Indian Bitcoin Exchange WazirX

Binance never owned a stake in Zanmai Labs, the company behind the Indian platform WazirX. This was stated by the CEO of the Bitcoin exchange, Changpeng Zhao.

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ForkLog 8 04.08.2022

Binance-owned Indian exchange WazirX suspected of laundering $350 million

The Enforcement Directorate (ED) of India's Finance Ministry is examining the operations of WazirX, the Binance-owned cryptocurrency exchange. According to The Economic Times, the agency says the platform is involved in currency-rule violations and money laundering totaling 2790 crore rupees (over $350 million).

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ForkLog 14 04.08.2022

Binance sued over Elon Musk’s decision to back out of Twitter purchase

Twitter has filed a lawsuit against Binance's unit over the financing allocated to Elon Musk's bid for Twitter.

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ForkLog 6 03.08.2022

Binance co-founder to head the exchange’s venture arm.

Binance co-founder He Yi will take the post of head of the venture and incubation arm of the cryptocurrency exchange. This is according to a ForkLog-provided press release.

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ForkLog 8 01.08.2022

Binance.US to halt AMP trading amid SEC action

From 15 August 2022, Binance's U.S. arm will halt trading of Amp (AMP). As stated in the company statement.

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ForkLog 25 01.08.2022

Changpeng Zhao criticises idea of liquidity segregation in the crypto market

Some countries want to create a separate order book (liquidity) to effectively protect consumers. This conclusion was drawn by Binance CEO Changpeng Zhao after discussions with regulators.

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ForkLog 16 01.08.2022

Binance reveals losses from KYC rollout

The cryptocurrency exchange Binance lost around 90% of customers and billions in revenue due to the introduction of KYC.

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ForkLog 5 22.07.2022

Binance denies using client funds to earn profits

Binance does not use Dogecoin (DOGE) and Litecoin (LTC) staked funds to issue loans or for other profit-driven purposes.

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ForkLog 5 22.07.2022

SEC denies reports of an investigation into Binance’s BNB token

The U.S. Securities and Exchange Commission (SEC) denies reports of an investigation into Binance's BNB token.

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ForkLog 12 18.07.2022

Dutch central bank fines Binance €3.32 million

The Dutch central bank (DNB) fined the cryptocurrency exchange Binance €3.32 million ($3.37 million) for operating without the required registration when dealing with residents.

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ForkLog 9 18.07.2022

Changpeng Zhao rules out stock-trading service on Binance

Binance positions itself as a “pure” Web3 company that is not interested in adding to its product line the ability to trade stocks. In an interview with Decrypt, the Bitcoin exchange’s CEO Changpeng Zhao said.

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