The compliance team at Binance has recently gone on a recruiting rampage. According to an announcement made on November 22 by the exchange on its Binance Square platform, the staff size would grow by 34% before the year ends. With contractors included, the compliance team will have more than 1,000
Today, Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world in terms of both trading volume and users, announced the launch of its official WhatsApp channel, verified by the messaging app. With the launch of this new channel, Binance becomes one of the first global cryptocurrency exchanges to have
Binance Futures has officially listed USD-margined $SLERFUSDT and $SCRTUSDT perpetual contracts, offering leverage of up to 75x. Following the announcement, a crypto whale made a significant purchase, acquiring 6.13 million $SLERF tokens at $0.427 each. The transaction totaled 10,790 $SOL, or $2.62 million. After #Binance announced the launch of $SLERF
Binance’s announcement of a new asset, BFUSD, has sparked intense discussions in the crypto community. Although the platform advertised BFUSD as a high-yield margin asset with a 19.55% annual percentage yield (APY), many initially mistook it for a stablecoin due to its name and promotional comparisons to similar assets. Binance
Binance has initiated a new function on its Binance Pool, which allows users to mine Fractal Bitcoin (FB) alongside Bitcoin (BTC) through merged mining. This feature came into effect on November 18, offering additional revenue for users mining BTC on the platform. However, Binance has clarified that the FB token
Bhutan has been quietly mining Bitcoin since 2021. Using its hydropower, Bhutan runs low cost, sustainable mining operations and has accumulated over 12,200 BTC, worth about $1.11 billion, making it one of the largest government holders of Bitcoin. Why Bhutan Is Selling Bitcoin According to Arkham Intelligence, Bhutan moved BTC
How Could This Meeting Shape the Future of Crypto? Two major figures in the crypto world, Changpeng Zhao (CZ) from Binance and Arthur Hayes from BitMEX, met to talk about the future of cryptocurrency at the Binance event. Both have played big roles in shaping the industry and faced their
Binance Launchpool has scheduled the launch of USUAL, the governance token of Usual, a decentralized fiat stablecoin issuer, for November 19. This project marks the 61st listing on the Launchpool. As per the official post, Binance will initiate pre-market trading for the USUAL token starting on next Monday, with the
The U.S. Department of Justice (DOJ) has registered a civil forfeit lawsuit to recover $16 million worth of crypto assets, assumed to be linked to the controversial crypto exchange, FTX and its founder Sam Bankman-Fried. Among the crypto assets, more than half of the assets were held in Solana (SOL),
Binance CEO Changpeng Zhao recently dismissed recurring claims that “Bitcoin is dead,” reaffirming Bitcoin’s durability in the face of doubt. Posting on X, CZ shared a link to the “Bitcoin is Dead” website, which catalogues predictions of Bitcoin’s decline. Despite its global financial influence, Bitcoin faces persistent criticism, a trend
