Thu, February 13

SEC Lawsuit Against Binance Sparks Market Debate

In a pivotal legal showdown, the largest cryptocurrency exchange Binance faced a mixed outcome in a recent court ruling against the U.S. Securities and Exchange Commission (SEC). Judge Amy Berman Jackson decided to proceed with several claims from the SEC, including allegations related to Binance’s staking program. And initial coin

June 29, 2024 2 mins read

How Binance Plans to Address Rising Account Misuse Incidents? 

Crypto exchange Binance announces its ways to address the misuse actions by account holders. It stated that some of the platform’s features are exploited by users to gain unfair advantages including better fee rates and extending API limits.  To prevent such actions, the exchange plans  to reward individuals for reporting

June 27, 2024 2 mins read

Top 5 Crypto Launchpads to Watch in 2024: The Ultimate Guide for Investors

2024 is set to be a thrilling year for crypto enthusiasts and investors. With new projects on the rise, crypto launchpads are the gateways to early-stage investments that could skyrocket. Here are the top 5 crypto launchpads you need to watch this year, including a promising new contender that’s making

June 26, 2024 3 mins read

Binance Freezes $5.3M in Stolen Funds After $54M BtcTurk Hack

Following the latest hack on BtcTurk, Binance CEO Richard Teng has reiterated the exchange’s resolve to increase security and safeguard user funds. Binance has taken immediate action by freezing stolen assets that passed via its centralized exchange.  This shows that they are trying to help impacted users as much as

June 23, 2024 1 min read

Binance Completes Tether (USDT) Integration on TON Blockchain

Today, the world’s largest crypto exchange, Binance, announced that Tether (USDT) on the TON blockchain is now live on its platform. This integration allows users to engage in deposit and withdrawal operations using USDT on the TON network. USD₮ on @ton_blockchain is now live on @binance pic.twitter.com/tsYCxybDKx — Tether (@Tether_to)

June 21, 2024 1 min read

LayerZero (ZRO) Gains Momentum with Listings on Major Crypto Exchanges

Despite a sluggish performance in the global cryptocurrency market over the past fortnight, new projects and developments continue to create buzz. In the queue, LayerZero, an omnichain interoperability protocol, has garnered significant support from the crypto community following a successful airdrop. This led to the listing of its native token,

June 20, 2024 1 min read

Crypto Exchange Binance Fined $2.2M by India’s FIU for Non-Compliance

Crypto exchange Binance has been fined $2.2 million by the Financial Intelligence Unit (FIU) of India. Binance is reportedly accused of failing to comply with local anti-money laundering (AML) standards, which is the reason for the penalty. For Binance, already beset by convoluted international financial rules, this new development poses

June 20, 2024 2 mins read

Nigerian Court Dismisses Binance Executive’s Rights Violation Lawsuit

According to local news sources, Binance regional manager Nadeem Anjarwalla’s lawsuit was dismissed by the Nigerian High Court. Anjarwalla claimed that the seizure of his passport and detention by Nigerian government officials constituted a violation of his basic rights. Due to a “want of diligent prosecution,” Judge Inyang Ekwo dismissed

June 20, 2024 2 mins read

Trouble Continues for Binance U.S as North Dakota Revokes License

The North Dakota state financial watchdog has joined seven others in revoking Binance US’s money transmitter license. On June 17, Commissioner Lise Kruse of North Dakota’s Department of Financial Institutions (DFI) said that BAM Trading Services, doing business as Binance US, had violated the money transmitter rules of the state.

June 19, 2024 2 mins read

What Prompted Binance to List ZKsync (ZK) Trading Pairs?

In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,

June 17, 2024 2 mins read