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Jimmy Zhao, Senior Solution Architect at BNB Chain, on DeFi, AI, DePIN, Fully On-Chain Gaming, and One BNB | Ep. 318
19.3.2024
Jimmy Zhao talks about BNB Chain and Binance being separate entities, different layers of BNB Chain coming into a unified platform, shifting to fully on-chain models, bringing 15x lower fees, plans for more Layer-2 innovations, AI and DePIN projects the team's working with, and their focus...
Binance asks for the tightening of screening procedures
19.3.2024
Binance, an international cryptocurrency exchange, has contacted top brokers like FalconX and Hidden Road to tighten the screening procedure to avoid having US investors on the exchange. Since top brokers are known to render their services to institutional investors, the sort of information...
Crypto Entities That Neglect AI and Machine Learning Investment Will Lag Behind, Warns Binance CTO
19.3.2024
Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.” According to Wad, Binance has used a compliance budget, which rose 35% year over year...
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
19.3.2024
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up
Binance Receives Court Order to Release Nigerian Traders’ Data
19.3.2024
A Nigerian court ordered Binance to furnish detailed information regarding all Nigerian traders on its platform to the Economic and Financial Crimes Commission (EFCC).
The post Binance Receives Court Order to Release Nigerian Traders’ Data appeared first on Cryptonews
Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
The post Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’ appeared first on Cryptonews
Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on its Platform: Report
19.3.2024
A Nigerian court has ordered Binance to provide Nigeria's Economic and Financial Crimes Commission (EFCC) with comprehensive information on all persons from the nation trading on its platform
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
19.3.2024
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment...
Binance Launches Internal Investigation Following Reports of BOME Insider Trading
18.3.2024
Binance has initiated an internal investigation in response to mounting concerns and community discussions regarding potential insider trading associated with Book of Meme (BOME).
The post Binance Launches Internal Investigation Following Reports of BOME Insider Trading appeared first on Cryptonews
Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000 Fueled by ETF Inflows
18.3.2024
Binance CEO Richard Teng forecasts that Bitcoin will surpass $80,000 before the year ends. He attributed this likely increase to the growing interest from institutional investors in crypto-backed exchange-traded funds (ETFs).
The post Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000...
Ether.Fi's Token Falls 20% After Debut
18.3.2024
Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round
Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End
18.3.2024
Binance's fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg
Binance Labs transforms into an autonomous investment wing
18.3.2024
Binance Labs, a venture capital business, has transformed into an autonomous investment wing by breaking away from Binance exchange. According to statements released, since the beginning of 2024, Binance Labs has been functioning as an independent body, even though it has permission to utilize...
Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees
18.3.2024
The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry
Taiwan Acknowledges Binance for Cooperating With Domestic Law Agencies
18.3.2024
The government of Taiwan has acknowledged the cooperation Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in dealing with virtual asset fraud cases, allowing authorities to access the accounts...
Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent
18.3.2024
The Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran...
Pressure Mounts on Biden to Assist in Release of Detained Binance Executives
17.3.2024
There has been mounting pressure on the Biden administration to intervene and secure the release of the detained Binance executives.
The post Pressure Mounts on Biden to Assist in Release of Detained Binance Executives appeared first on Cryptonews
Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country
17.3.2024
The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office within Nigeria. The regulator has also suggested a fivefold increase in the registration fee, which must be submitted alongside license applications from...
Binance Says Nigeria Is Not Yet One of Its Top Markets
16.3.2024
Nigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary...
Crypto Investor Binance Splits from Venture Capital Arm
15.3.2024
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newly appointed Chief Executive Officer, Richard Teng, who assumed the role four...