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Binance Implements Price Cap for USDT on Nigerian P2P Platform to Comply with Local Regulations
21.2.2024
Binance has introduced a price cap for Tether (USDT) tokens on its peer-to-peer (P2P) platform in Nigeria in order to comply with local regulatory requirements.
The post Binance Implements Price Cap for USDT on Nigerian P2P Platform to Comply with Local Regulations appeared first on Cryptonews
US Judge Urged to Approve Binance’s $4.3 Billion Plea Deal
21.2.2024
A U.S. Federal Judge has been urged to accept a plea deal from U.S. authorities with the cryptocurrency exchange, Binance. Prosecutors, in a memorandum, have asserted that the agreed-upon sanctions are commensurate with the extent of Binance’s deliberate law violations. Binance’s Alleged...
Cryptocurrency Exchange Bitget Eyes Latam Expansion
21.2.2024
Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving...
STRK Price Surges 23% as Starknet Kickstarts with Massive Airdrop, Over 140 Million Tokens Claimed
20.2.2024
Ethereum layer-2 project Starknet launched its STRK token airdrop, resulting in a 23% price surge and over 140 million tokens claimed. The token saw brief highs of $7 on Binance and $5 on KuCoin. Starknet addresses feedback around eligibility criteria and promises continued evolution for...
zkLink incorporates Binance Web3 wallet on zkLink’s Nexus
20.2.2024
The Binance Web3 wallet has been integrated into zkLink’s Nexus. This is the first Zero Knowledge-focused multi-chain Layer 3 rollup infrastructure in the cryptocurrency industry. The Binance Web3 wallet is a self-custody cryptocurrency wallet that was created by Binance, the world’s...
Investor Trust in Exchange Tokens Sees Resurgence, Overcoming FTX Scandal Shadows
20.2.2024
Crypto exchange tokens have shown resilience, rebounding from the lows caused by the FTX bankruptcy and reaching new highs amid the ongoing bullish market.
The post Investor Trust in Exchange Tokens Sees Resurgence, Overcoming FTX Scandal Shadows appeared first on Cryptonews
Ethereum Whale Moves 54,721 ETH Worth $161 Million in 32 Hours—Is a Major Market Shift Underway?
19.2.2024
A mysterious Ethereum Whale has rapidly accumulated a huge amount of ETH, potentially signaling an upcoming shift in ETH prices. Blockchain trackers spotted withdrawals from Binance and decentralized exchanges, with some analysts speculating a connection to Justin Sun, founder of Tron and...
Binance to Discontinue Leveraged Token Trading and Subscription Services
19.2.2024
Binance has announced the end of support for leveraged token trading and subscription services. The move leaves investors seeking alternative leveraged trading options within the crypto exchange. Binance is shifting focus, launching USDC-margined ORDI Perpetual Contracts on its Futures...
Binance’s Derivatives Arm Launches Tesla Model Y and Bitcoin Voucher Challenge
17.2.2024
Binance has announced a competition through its crypto derivatives arm, Binance Futures, offering participants the chance to win a Tesla Model Y. According to the crypto exchange, the contest will unfold over four weekly challenges spanning from Feb. 18 to Mar. 17, 2024. Binance Futures Unveils...
Law Firm Handling FTX’s Bankruptcy Case Expected to Become Binance’s Independent Monitor
16.2.2024
New York-based law firm Sullivan & Cromwell, which is currently handling FTX’s bankruptcy case, is expected to be appointed as the independent monitor for Binance Holdings. The move comes after Binance reached a multibillion-dollar settlement with the US government. As part of...
Binance Trust Wallet iOS App Vulnerability Listed on NIST, CEO Pushes Back Against Misinformation
15.2.2024
An alleged vulnerability affecting the iOS version of Binance Trust Wallet was listed on the National Institute of Standards and Technology’s (NIST) vulnerability database. Trust Wallet’s CEO denied the allegations on February 15, assuring the security of Binance Trust Wallet users....
Binance’s Trading Volume Soars with FDUSD Stablecoin Pairs Leading the Charge
15.2.2024
The trading pairs involving First Digital USD (FDUSD) have seen a surge in trading volume on Binance, reaching its highest share ever in spot trading volume on the exchange. On February 12, FDUSD pairs accounted for 38% of Binance’s total spot trading volume, marking a substantial 42.6%...
U.S. Cyber Authorities Investigate Binance Trust Wallet iOS App for Vulnerabilities
15.2.2024
The Binance-owned wallet has been the victim of multiple cyber attacks during 2023
Former Binance CEO Changpeng Zhao’s Sentencing Delayed to April 30, Court Notice Reveals
14.2.2024
A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly declined to comment on the matter. Uncertain Times...
Binance Payments Partner Banxa Makes Debut on UK Crypto Register
13.2.2024
The Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities...
Banxa, Payments Partner for Binance and OKX, Lands on UK Crypto Register
13.2.2024
BNXA UK VASP is the first firm to land on the Financial Conduct Authority's crypto register this year
Binance Founder CZ’s Sentencing Pushed to April, Potential Prison Term Looms
13.2.2024
The sentencing date for Binance founder and former CEO Changpeng “CZ” Zhao has been postponed from February 23rd to April 30th, according to a notice filed in a Seattle Federal Court, CNBC reported. Earlier, Zhao pleaded guilty to money laundering charges in November 2023. While...
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
12.2.2024
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance
Binance Partners with INTERPOL to Enhance Global Cybersecurity Efforts
9.2.2024
Binance has taken certain measures to fortify global cybersecurity efforts by collaborating with INTERPOL. In a recent half-day virtual session focused on essential topics related to cryptocurrency investigations and cyber policing in the rapidly evolving Web3 space, Binance hosted over 30 officers...
BNB keeps up with an uptick, targets a fresh rally
9.2.2024
Binance coin is up by 2.72% in the last 24 hours, and more highs are on the horizon. BNB has been rising in the past couple of days and is currently listed at $322.08. Assuming it keeps up with the bullish ride, there are estimates that it may surpass the mark of $350 by the …