U.S prosecutors submitted a court filing alleging that Binance founder Changpeng Zhao violated anti-money laundering rules (AML) and recommended a 36-month jail sentence for Zhao. The most recent information is that on April 30, Zhao, who resigned as Binance head in November of last year, would be sentenced. A maximum
Plaintiffs in a new class-action lawsuit in Canada are claiming that Binance, a cryptocurrency exchange, has broken Canadian securities rules. On April 19, the certification motion for the class-action lawsuit against Binance was published by Ontario’s Superior Court of Justice. The lawsuit claims that Binance provided crypto derivative products to
Today, Binance, the leading blockchain ecosystem behind the biggest cryptocurrency exchange globally in terms of trading volume, revealed the launch of its much awaited spot copy trading strategy tool. In May 2024, the functionality will be completely pushed out for all users. Experienced users who fulfill the minimum portfolio asset size criteria may
The cryptocurrency landscape is buzzing with anticipation as Binance (BNB) traders set their sights on a promising new contender, Shiba Budz (BUDZ). As the digital asset market continues to evolve, the emergence of Shiba Budz (BUDZ) is drawing significant attention, with many predicting that it will soon grace Tier 1
The world’s biggest cryptocurrency exchange by trading volume, Binance, the leading global blockchain ecosystem, announced the launch of ‘Megadrop’ today. Transparent incentives are offered to qualified participants on this groundbreaking token launch platform. Megadrop, which is now available on the global exchange, is a further demonstration of Binance’s commitment to leading the
Although the Indian government outright banned Binance earlier this year, the biggest cryptocurrency exchange in the world is getting ready to rejoin the Indian market. According to those familiar with the situation, Binance’s re-entry plan includes paying a fine of around $2 million. In order to demonstrate its dedication to
By securing the Virtual Asset Service Provider (VASP) license in Dubai, Binance Holdings Ltd. has accomplished a major milestone. This accomplishment showcases Binance’s dedication to successfully negotiating the complex regulatory environment while relentlessly expanding its worldwide footprint. To ensure compliance with legal requirements and to facilitate the effortless acquisition of
Leading European educational institutions are collaborating with Binance Academy, the crypto learning hub of Binance, to provide university-accredited courses. The courses will provide individuals with a better grasp of blockchain technology and digital assets by delving into important subjects and disciplines within the ever-evolving Web3 ecosystem. Binance Academy hopes to increase
As the second quarter of 2024 approaches, cryptocurrency is continuing to gain significant traction, as shown by the industry’s major measures, which are all comfortably in the green. The measures that indicate strong adoption and usage trends are the most significant among them. Growing inflows into Binance earlier this month have helped
Binance, the biggest cryptocurrency exchange in the world based on trading volume, is expanding the accessibility of its Portfolio Margin product to non-VIP customers who have a minimum balance of 100,000 USDT in their Cross Margin and Futures accounts. A larger group of Binance traders are expected to benefit from
