For an unknown amount, Magic Square, a web3 app store that is backed by Binance Labs and other investors, purchased TruePNL, a token launch platform. Andrey Nayman, founder and CEO of Magic Square, stated: “The acquisition was financed entirely with cash. As part of the deal, Magic Square has acquired TruePNL’s
The activities of prominent cryptocurrency exchanges, such as Binance, OctaFX, and Coinbase, have been disrupted by Nigeria. Particularly, this step follows the Central Bank of Nigeria’s recent decision to allow cryptocurrency transactions, indicating a very uncertain regulatory environment for digital assets in the nation. Meanwhile, the Nigerian government has ordered
With the support of the nonprofit Superhumans Foundation, Binance Charity, the charitable arm of the premier global blockchain ecosystem Binance, is pleased to announce the beginning of educational programs aimed at helping Ukrainian residents affected by the conflict. These initiatives seek to provide these people fresh perspectives and provide them
Despite significant selling pressure over the global crypto market, Binance’s native token BNB has emerged as a standout performer, exhibiting a notable 7.50% surge over the last 24 hours accompanied by a 90% increase in trading volumes to exceed $2.62 billion. At the time of writing, Binance Coin (BNB) is
In recent market activity, suspicions have arisen surrounding prominent figure Justin Sun, the founder of TRON, following a series of significant transactions involving sizable sums of various cryptocurrencies according to data from the prominent data aggregator, LookonChain. The suspicions were initially sparked when a wallet believed to be associated with
The Financial Intelligence Unit (FIU) issued non-compliance notices to several major foreign crypto exchanges in December 2023, demanding adherence to KYC and AML regulations. This was followed by app store bans and URL blocking, effectively shutting down access for Indian users. The foreign crypto exchanges are Binance, HTX, Kraken, Gate.io,
Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance
The biggest and most liquid cryptocurrency derivatives platform, Binance Futures, today unveiled the Futures Ultimate Challenge, in which users can contend for bitcoin token prizes by correctly forecasting the daily price of bitcoin and compete to win a Tesla Model Y in four weekly challenges. The four-week Binance Futures Ultimate
Valentine’s Day, a day to celebrate relationships and love, is here. Romance is in the air, but con artists who prey on your money instead of your heart are never too far away. Finding our soul mate has become a whole new experience thanks to the internet age. To start
The sentencing for the largest crypto exchange, Binance founder Changpeng Zhao, also known as CZ, on a money laundering charge, has been postponed until April 30, as per the announcement made by the Seattle Federal Court. Originally set for Feb. 23, the delay’s reasons remain undisclosed. Zhao’s sentencing has garnered
