Fri, November 29

Can Binance Survive Another Lawsuit?

Binance and its former CEO, Changpeng Zhao (CZ), are facing a new class action lawsuit filed by three crypto investors. The lawsuit alleges that the exchange failed to prevent money laundering, which, in turn, led to the plaintiffs’ inability to recover their stolen assets. The plaintiffs filed this complaint in

August 21, 2024 2 mins read

Binance Resumes Operations in India with New Compliance Measures

Binance, one of the world’s largest cryptocurrency exchanges, is back on the Google Play Store and Apple App Store in India after a seven-month ban imposed by local authorities for operating “illegally” in the country. This comes after the exchange fulfilled its compliance requirements by registering with India’s Financial Intelligence

August 15, 2024 2 mins read

Solayer Labs Unveils Solana Restaking Amid Binance Labs Support

Solayer Labs has recently made headlines with the launch of its Solana restaking protocol on the mainnet, marking a significant milestone for the Solana ecosystem. This launch heralds the beginning of Solana’s restaking era, with initial Asset Verification Systems (AVSs) including Bonk, SonicSVM, and HashKey Cloud. Moreover, in a recent

August 15, 2024 2 mins read

Crypto Exchange Binance Settles $1.75M Penalty with Brazilian SEC

The long-running regulatory dispute between Binance and the Brazilian SEC has finally been settled, and the exchange is now making excellent progress throughout Latin America. The exchange has lately been making amends with authorities in many nations, adding to its reputation for having a wide reach in the sector. The

August 15, 2024 2 mins read

Binance Launches ‘Super Earn’ to Boost User Rewards and Project Exposure

The world’s biggest cryptocurrency exchange by trading volume, Binance, a global blockchain firm, has announced the debut of Binance Super Earn, a fresh initiative that allows users to earn a Special Annual Percentage Rate (APR) on certain newly listed tokens. Super Earn is intended to encourage the expansion and exposure

August 14, 2024 2 mins read

Binance (BNB) Price Hovers Around $540, Exhibiting Weak Price Action

Binance Coin finds itself at a critical juncture as the cryptocurrency market grapples with ongoing turbulence. Despite the broader market uncertainty, BNB has demonstrated resilience, maintaining its position near the pivotal $543 level. This stability, however, comes with a caveat of weak price action, leaving investors and analysts pondering the

August 13, 2024 2 mins read

Binance Reopens in India After Fulfilling $2.25M Penalty and Registration

All users in India may now access the URL on the Binance website, since it has been completely restored. Several severe measures were implemented once the exchange encountered regulatory problems in India. But the exchange is now starting to make waves in India’s market, thanks to a slew of fine

August 13, 2024 2 mins read

US Court Partly Revives Lawsuit Against Binance US Over HEX Token

A class-action lawsuit against Binance US, has been revived by an appeals court in the US. The lawsuit, which had been partly reinstated after being dismissed earlier, claims that the price of the HEX token was manipulated. A class action lawsuit against Binance US was largely reversed by the United

August 13, 2024 2 mins read

How Will Pendle’s $1.64M Transfer to Binance Impact Its Price?

While the global crypto market is swinging with both gains and losses, the movement of large asset volumes across exchanges is drawing increased attention. In a recent transaction, Pendle Finance’s Ecosystem Fund transferred 600,000 PENDLE tokens, equivalent to approximately $1.64 million, to Binance around 11 hours ago. This marks a

August 13, 2024 2 mins read

Binance Added to List of Venezuela Censorship Amid Political Unrest

One of the largest cryptocurrency exchanges, Binance was banned in Venezuela due to the presidential disputes. In the past few weeks, the nation has banned several prominent platforms including Elon Musk founded X. The Binance ban occurred on Friday, following which the anti-censorship organization, “VE sin Filtro” reported it on

August 12, 2024 2 mins read