In a shocking turn of events, Manta Network, a zero-knowledge Layer 2 blockchain, has found itself embroiled in controversy as allegations of money laundering surface following its listing on major exchanges such as Binance, Bithumb, and KuCoin. The storm began when approximately 2 million MANTA tokens were reportedly transferred to
Our distinctive user-obsessed culture at Binance includes a constant drive to raise the bar for industry best practices and lead by example when it comes to supporting consumers. This involves using education to advance financial innovation in a sustainable way for our community and the larger ecosystem. Since the Web3 and
The opening of Binance’s Thailand subsidiary was announced on Tuesday by the world’s biggest cryptocurrency exchange, Binance. As a joint venture between Binance and Gulf Innova from Thailand, Gulf Binance formed the recently launched exchange, Binance TH. It will serve as a platform for both trading and brokerage services. #Binance
In spite of the turbulent market, the crypto community’s tenacity was evident while looking back on the eventful year of 2023. Together, we looked at creative approaches to incorporating cryptocurrencies into daily life, such as payment processing. The potential for widespread industry adoption of cryptocurrency payments is immense, which is
As the crypto industry welcomed 2024 with optimism, Binance, one of the leading cryptocurrency exchanges, brought forth significant updates for traders and holders of XRP and Solana (SOL). However, an unexpected twist in the form of market volatility prompted Binance to postpone the launch of USDC-margined perpetual contracts initially scheduled
In the 17th batch of the LUNC burn mechanism, cryptocurrency exchange Binance, burnt 5.57 billion Terra Luna Classic (LUNC) tokens. More than 49 billion LUNC, or 53% of all tokens burned by the Terra Luna Classic community, have been burned by the crypto exchange thus far. Following Binance’s most recent
As the crypto world continues to evolve, traders and investors are always on the lookout for the next big opportunity. Solana and Retik Finance, two blockchain projects with tremendous potential, have been gaining significant attention.Recently, a top Binance spot trader shared target price predictions for these assets in 2024, and
U.S. District Judge Richard A. Jones dismissed Binance founder Changpeng Zhao’s (CZ) request for foreign travel on Friday, dealing him yet another setback. Before pleading guilty in November to breaking US law, Zhao had asked the court for consent to travel while out on bond. This was the second time
The announcement by Binance CEO Richard Teng on Thursday—that the exchange’s user base increased by 30% in 2023—sends a strong signal as the biggest cryptocurrency trading platform in the world attempts to move on from the November settlement with U.S authorities and the resignation of founder Changpeng Zhao (CZ). As
Binance founder Changpeng Zhao (CZ) has asked a federal court in the U.S to issue a travel authorization order, which is the most recent move in the ongoing case against him by the United States DOJ. Previously, the court had directed that the former CEO of Binance reside in the
