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Binance
48 posts
Binance.US Faces Accusations of Discovery Failures
In a Court Filing, the U.S. Securities and Exchange Commission (SEC) pointed to Binance’s document production, regulatory violations, concerns about asset control, inconsistent statements, uncooperative responses, and limited cooperation in providing witness testimonies.The securities regulator alleged that Binance.US’s holding company, BAM, failed to provide sufficient documents upon the agency’s discovery requests related to customer assets.According
Binance Japan Unveils Domestic Expansion Strategy
Meanwhile, Binance Japan will also be looking to leverage the country’s revised Payment Services Act. Under the Act, stablecoins backed by legal tender are recognized as an “electronic payment method”. Binance Japan has presented its domestic expansion plans in an online business meeting. Country head, Mr. Tsuyoshi Chino, shared insights into the company’s strategy and
Binance Labs’ $5 Million Investment Boosts CRV Token Following Recent Setback
Binance Labs has committed to invest $5 million in the Curve DAO Token (CRV). It is the same token that is a factor behind the Curve decentralized exchange (DEX) on the Ethereum blockchain. Exploring potential deployment on Binance’s BNB chain is also a part of this collaboration for Curve, as was stated in the announcement
Binance recently laid off 1,000 employees: report
Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated its 6th birthday on July 14. Binance, the world’s largest cryptocurrency exchange by trading volume, has reportedly cut its employee
Binance to Halt Use of Several Tokens Linked to Multichain
Fantom token was down 6% while the Multichain token plunged 5% following the news that Binance plans to halt the use of some Multichain tokens soon.Crypto exchange Binance announced on Wednesday that it would no longer support the deposits and withdrawals of several tokens linked to the Multichain protocol, starting from July 7. The decision
Binance Labs and CoinFund Lead $10 Million Funding Round for Cosmos Blockchain Neutron
Image Source: NeutronBinance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem.Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding round, Binance said in a Wednesday blog post. Cryptonative investment firm CoinFund co-led the funding. Delphi Ventures, LongHash, and Nomad also participated in the round. The
You are here: Home/ News/ Binance CEO Debunks False Narratives Surrounding Altcoin Drops, Highlights Market ComplexityIn a recent Twitter discussion, Binance CEO, Changpeng Zhao (CZ) addressed the prevailing false narratives circulating about the recent drops in altcoin prices. Contrary to the rumors, CZ clarified that Binance had not converted its holdings to fiat currency. Why is the
Binance May Allow Institutional Clients To Keep Collateral At A Bank
Binance is exploring a plan to allow some of its traders to keep their trading collateral at a bank. The crypto exchange is considering this new step to reduce counterparty risk.This facility would be made available to institutional clients for margin trading in spot and derivatives. Switzerland’s FlowBank and Liechtenstein’s Bank Frick are reportedly being considered to
Binance to List FLOKI and PEPE in Innovation Zone
The announcement from Binance seems to have caused some excitement in the market as PEPE saw a surge of over 40%, while FLOKI increased by over 60%. Binance, the world’s largest cryptocurrency exchange, has confirmed the listing of Floki Inu (FLOKI) and PEPE in the Innovation Zone on its platform. According to the firm, a
Binance BNB Trading Volume is Up 80% Despite Lowest Price Since July
You are here: Home/ News/ Binance BNB Trading Volume is Up 80% Despite Lowest Price Since JulyDespite the fact that the price of Binance native token BNB has fallen to its lowest level since July as concerns over its stress test grow, the volume of 24-hour trading shows a bullish trend with a notable surge