Binance, the world’s largest crypto exchange, has played an essential role in developing the Web3 sector. Binance’s investment arm, Binance Labs, has invested $15 million into the Web3 gaming platform and publisher, Xterio. The gaming platform plans to use Binance’s funding for games and technological developments. We're excited to announce
Blockchain analytics Lookonchain reported a huge BNB transfer that occurred on Binance in the last 12 hours. An anonymous whale moved nearly 141,835 BNB, worth $35.1 million, to 4 prominent Binance deposit addresses. A giant whale deposited 141,835 $BNB ($35M) to #Binance 3 hrs ago through 4 Binance deposit addresses.
The unveiling of Arkham (ARKM) as Binance’s 32nd project on Binance Launchpad is an excellent development for the cryptocurrency world. With its novel token sale mechanism and exciting features, it seeks to completely overhaul the crypto industry. Binance Launchpad is a crypto financing platform where early-stage companies may get support
The “seizure of multiple Binance P2P-linked bank accounts” sent a shockwave through the Indian crypto community as the country stepped forward to secure the people from scams and fraudulent activities using P2P UPI transactions, following the Rs. 2 lakh (around $2420) fund scam, which is circulated in the chain. The
There is a discount of around $2600 and $150, respectively, on the global spot price of Bitcoin and Ethereum, which are now trading near $27,500 and $1700 on the Binance U.S exchange. Following the US SEC lawsuit and the suspension of USD deposits and withdrawals, USDT has remained depegged to
Hacks and phishing attacks of different kinds invaded the crypto landscape in the first week of July. As a result, two major stablecoins breached their stable grounds, recording extreme lows on Binance US. On July 9, around 00:00 UTC, the largest stablecoin, Tether (USDT), depegged from its $1 parity and
Binance, the largest cryptocurrency exchange in the world, has long been a prime focus of regulatory attention in the United States. It was suggested that the abrupt departure of numerous key executives from the US branch of the exchange was related to aggressive enforcement activities, especially by the SEC. While
Binance, the world’s largest cryptocurrency exchange, has recently taken steps to address concerns surrounding departures and regulatory challenges. Amidst a period of increased scrutiny, the company made efforts to alleviate the Investor’s FUDs. CEO Changpeng Zhao (CZ) utilized Twitter to clarify the situation, shedding light on the organization’s resilience and
Since the Dutch authority did not grant Binance a virtual asset service provider (VASP) license certifying that it complies with anti-money laundering (AML) requirements, the world’s biggest cryptocurrency exchange has decided to leave the country. The exchange said in a statement that as on July 17, only Dutch citizens may
Binance, one of the leading cryptocurrency exchanges, recently announced the addition of Verge (XVG) as a new borrowable asset on their Isolated Margin platform. This development comes at a time when Verge has experienced significant price fluctuations, reaching an all-time high of $0.0076 earlier this year. However, the coin has
