Binance | ForkLog

ForkLog 15 13.03.2025

WSJ: Trump’s Family Considered Acquiring Stake in Binance.US

The family of former U.S. President Donald Trump discussed the possibility of acquiring a stake in the American division of the Binance exchange. This was reported by the WSJ, citing sources. March 13, 2025 | 18:09Update: Changpeng Zhao refuted the WSJ publication, stating that no such negotiations took place. 4. Sorry to disappoint. The WSJ […]

AI translated

ForkLog 21 12.03.2025

Binance Secures $2 Billion Investment from MGX

The Abu Dhabi-based investment firm specializing in AI and advanced technologies, MGX, has injected $2 billion into the cryptocurrency exchange Binance. This was reported to ForkLog by representatives of the trading platform. This funding marks the first institutional and largest investment for the exchange. It is known that Binance received the funds in stablecoins, though […]

AI translated

ForkLog 23 10.03.2025

Binance Halts Market Maker for GPS and SHELL Tokens

On March 9, the Binance exchange blocked a market maker servicing the GoPlus Security (GPS) and MyShell (SHELL) projects after identifying violations in its operations. The actions were taken due to order or liquidity manipulation. To protect user interests, the platform banned the market maker from operating on the exchange and confiscated its funds, which […]

AI translated

ForkLog 27 07.03.2025

A taxi show and regulator brainstorms

In 2022, the cryptocurrency exchange Binance set up a Kazakh subsidiary, BN KZ Technologies. It is now a fully regulated company with licences for exchange operations, custody and brokerage services. In January 2025, appointed general manager of Binance Kazakhstan was Nurkhat Kushimov, who brings nearly 20 years’ experience in legal support and finance. In an […]

AI translated

ForkLog 33 03.03.2025

Binance to Delist USDT and Other Non-MiCA Compliant Stablecoins

Binance will cease support for nine stablecoins within the European Economic Area (EEA) due to the need to comply with MiCA regulations. On March 31, the platform will delist spot pairs with the following stablecoins: USDT; DAI; TUSD; USDP; FDUSD; AEUR; UST; USTC; PAXG. However, storage, deposits, withdrawals, and conversion of these coins will remain […]

AI translated

ForkLog 41 26.02.2025

SMS Scammers Target Binance Users with Fake Hacker Alerts

Fraudsters are sending fake SMS messages purporting to be from the Binance exchange, urging users to transfer funds to a fraudulent address under the guise of a supposed hacking threat from the Lazarus group. This was reported by Hong Kong-based Web3 enthusiast and entrepreneur Joe Zhou. Screenshot of a fraudulent SMS warning of an alleged […]

AI translated

ForkLog 26 26.02.2025

Binance CEO Describes Crypto Market Correction as a ‘Tactical Retreat’

The downturn in the digital asset market, triggered by macroeconomic risks, is temporary and unlikely to last long, according to Binance CEO Richard Teng. Here’s my thoughts on the recent market turbulence: It’s important to view this as a tactical retreat, not a reversal. Crypto has been here before and bounced back even stronger. Here’s […]

AI translated

ForkLog 57 21.02.2025

CryptoRank: Binance and Bitget Lead in Spot Market Liquidity Depth

Analysts at CryptoRank compared the liquidity depth in the spot and futures markets of five centralized exchanges: Binance, Bitget, Bybit, MEXC, and OKX. The study revealed how effectively these platforms handle large market orders, minimizing price slippage. In the spot market, Binance leads the ranking by a significant margin, particularly in trading pairs with Bitcoin […]

AI translated

ForkLog 32 21.02.2025

Crypto Investors See Average Profit of $5482 in 2024, Report Reveals

The average realised profit for digital asset holders in 2024 amounted to $5482 compared to $888 in the previous 12 months. These estimates were presented by specialists from the tax platform CoinLedger, reports The Block. The greatest unrealised profits were brought by Bitcoin, Hyperliquid, SuperVerse, Shiba Inu, and Render. “Cryptocurrencies are in a bull market. […]

AI translated

ForkLog 13 19.02.2025

Nigeria Files $81.5 Billion Lawsuit Against Binance

The Nigerian authorities have initiated a lawsuit against the cryptocurrency exchange Binance, seeking compensation totaling $81.5 billion. This was reported by Reuters, citing court documents. The claim includes $79.5 billion for alleged economic damages and $2 billion for unpaid taxes over two years. According to the Federal Inland Revenue Service of Nigeria (FIRS), Binance has […]

AI translated

ForkLog 23 19.02.2025

Binance.US Resumes USD Operations

After nearly 18 months of restrictions, the American exchange Binance.US has reinstated deposits and withdrawals in US dollars. This was announced in the company’s blog. Users can once again deposit and withdraw US dollars using bank accounts, purchase cryptocurrency via the ACH system, and trade in USD pairs. Full access to the service will be […]

AI translated

ForkLog 20 18.02.2025

Binance Chief Warns of Emerging Seed Phrase Scam

Binance CEO Richard Teng has alerted users to a “new scam” targeting the theft of cryptocurrencies. The scheme, known as the “share-seed-phrase” scam, is rapidly gaining traction.

AI translated

#Binance