Binance the biggest cryptocurrency exchange in the world, has briefly stopped all spot trading, deposits, and withdrawals due to an issue that it is trying to fix. We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work to resolve
Binance, the world’s largest crypto exchange by trading volume updated its zero-fee Bitcoin trading program. Today Binance CEO Changpeng Zhao announced the cryptocurrency exchange moving zero-fee BTC trading from Binance USD (BUSD) to TrueUSD (TUSD) on March 22. Important update. Given recent events, we are moving 0 fee BTC trading
Since its debut, Binance has solidified its position as a leading exchange for crypto trading. Binance has joined the AI hype train in an effort to capitalize on the growing interest in this technology. More and more artificial intelligence-powered image-generation services have emerged in recent years, allowing users to input
In addition to challenges with U.S. regulators. The biggest cryptocurrency exchange Binance has also encountered difficulties with Australia’s Securities and Investments Commission (ASIC). Many traders were incorrectly labelled “wholesale investors,” and on Thursday, Binance liquidated their derivatives accounts. Then, the company announced its intention to compensate those consumers who were
The biggest cryptocurrency exchange by trading volume, Binance, plans to employ a lot of people this year for its technological center in Iași, Romania. Since opening the center in 2022, the firm has been actively hiring new employees. The Romania Insider portal said that opportunities for IT professionals exist across
The CEO of Binance, Changpeng Zhao, called a Bloomberg report that the cryptocurrency exchange was contemplating delisting all U.S.-based cryptocurrencies “false” on Friday. Citing a source with knowledge of the situation, the report claims that Binance is contemplating severing connections with its U.S. business partners after experiencing difficulties in its
Binance, a cryptocurrency exchange, has minted roughly $50 million worth of TrueUSD in only a few days after news surfaced that US regulators were looking into Paxos and Binance USD. According to Etherscan, the transaction occurred on February 16 and came only two days after Binance CEO Changpeng Zhao “CZ”
Binance, a cryptocurrency exchange, stated on February 10 that it will be using zk-SNARKs. As part of its proof-of-reserves verification system. A cutting-edge technology that the company claims would enable it to validate its reserves in a more secure, transparent way. Proof-of-reserve verification became an important part of the cryptocurrency
Following the demise of rival cryptocurrency exchange FTX, there have been demands for more openness, and a comprehensive audit of Binance is still outstanding. Binance’s Asia-Pacific president Leon Foong said on Wednesday that the exchange’s complete audit of its cryptocurrency holdings and liabilities would take longer than first anticipated. When
Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange has expressed his regrets about the media and their reporting. As mentioned in his tweet, the crypto-related publications delivered detailed reporting about the outflow of funds from Binance during the month of December 2023. But he considers the media is
