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
Binance, a prominent cryptocurrency exchange, has announced the temporary suspension of support for eight Multichain-bridged (MULTI) tokens starting from July 7. The decision is a result of issues encountered with certain cross-chain routes within the protocol. According to an update shared on July 5, Binance users will be unable to
One of the top online learning platforms in the world, Coursera, has partnered with Binance Academy, the education division of Binance, the largest cryptocurrency exchange in the world. Coursera has more than 124 million users worldwide. Through this partnership, educational opportunities will be made available to everyone in the world
Sumit Gupta, CEO of the Indian crypto exchange CoinDCX, expressed strong opinions about the risks associated with P2P trading. He stated that peer-to-peer (P2P) should be avoided because it is not at all worth the risk. Gupta’s notable tweet has sparked a heated debate within the crypto community, raising important
