Sun, February 23

Binance Denies Involvement in WazirX Hack and Creditor Issues

Binance has issued a statement clarifying that it bears no responsibility for the financial issues at WazirX, following a $235,000 loss due to a cyber-attack on the platform in July 2024. The statement comes as rumors circulated about Binance’s involvement, which the company has labeled as “false and misleading.” In

September 17, 2024 2 mins read

POL (Ex-MATIC) Displays Bullish Trends After Binance Listing

Polygon’s rebranded token, POL, previously known as MATIC, is currently showing a positive trend, with its price fluctuating between $0.41 and $0.445. This marks a notable 10% increase over the past week. At the time of writing, POL is trading at $0.4131, with a market cap of $2.93 billion, making

September 14, 2024 2 mins read

Binance Research Report Highlights Rapid Growth of RWAs on Blockchain

Real-World Assets (RWAs) are becoming increasingly popular. An in-depth analysis of this trend can be found in the paper “RWAs: A Safe Haven for On-Chain Yields?” by Binance Research. RWAs are the digitization of real estate, bonds, currencies, and commodities—among other physical and intangible assets—on blockchain networks, facilitating more convenient trade

September 13, 2024 3 mins read

US SEC Seeks to Amend Complaint in Ongoing Binance Lawsuit

The United States Securities and Exchange Commission (SEC) has asked the court to amend its complaint in its ongoing case against Binance, Binance.US, and co-founder Changpeng Zhao. In the matter of SEC v. Payward, the submission was made in reaction to a district court judgment that denied Kraken’s petition to

September 13, 2024 2 mins read

Liquid Staking Token (LST) BNSOL Launches on Solayer in Collaboration with Binance

The world of crypto staking is evolving at a rapid pace, and the collaboration between Binance and Solayer has helped to bring a new innovation to the forefront—BNSOL. Officially launched as a Liquid Staking Token (LST) on the Solana blockchain, BNSOL allows to combine the strengths of Binance’s vast user

September 13, 2024 2 mins read

Crypto Exchange Binance Adds Hamster Kombat (HMSTR) to Launchpool

Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this. Binance customers will have the option to lock

September 12, 2024 1 min read

Metalpha Deposits Ethereum To Binance Amid ETH Price Recovery Signals

The crypto sector during pivotal market situations sees increased whale activity. Whale movements when significant often influence cryptocurrency prices. Relatedly, in the last few hours, Hong Kong Asset management firm, Metalpha garnered market attention with significant Ethereum movements. Notably, LookOnchain reported that Metalpha moved 10,000 Ethereum tokens worth $23.45 million

September 10, 2024 2 mins read

Binance Coin (BNB) Breaks Above Descending Trend Line but Faces Potential Short-Lived Rally

Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient

September 9, 2024 2 mins read

Binance Indonesian Subsidiary Tokocrypto Secures PFAK License

In the past few weeks, the crypto regulatory division has seen an increase in activity after the recent market lull. Recently, the Nigerian SEC announced that it would be taking action against unlicensed crypto exchanges. Amid the actions and other lawsuits, Binance saw an advancement in terms of regulations.  Notably,

September 9, 2024 2 mins read