Binance, a major player in the cryptocurrency exchange arena, has declared the upcoming closure of its crypto payments platform, Binance Connect. The platform, previously named Bifinity, is set to be deactivated on August 16th. This action follows merely one year after its initiation in March 2022. The reason behind this
Cryptocurrency giant Binance has taken legal action against the US Securities and Exchange Commission (SEC), filing for a protective court order due to concerns over the agency’s extensive and burdensome requests for the company’s communications. The move comes after Binance and the SEC had previously reached an agreement in court
Binance, a dominant cryptocurrency exchange, is set to list SEI Network’s native token, SEI, on August 15th. Preceding its debut, data from Aevo’s decentralized exchange’s pre-listing futures market indicates that SEI is expected to trade at 26 cents. Moreover, SEI Network plans to launch its mainnet and showcase SEI token
The Financial Supervisory Commission (FSC) of Taiwan has reportedly received an application for registration from Binance, under the Money Laundering Control Act. According to a local media source, the exchange has applied for Anti-Money Laundering (AML) compliance. BitShine’s co-founder Chen Peiyun was quoted in the report as saying that the
Changpeng Zhao, the CEO of the world’s largest crypto exchange, Binance, stated that he is supportive of self-custody wallets. Moreover, self-custody wallets are not without risks. Through this tweet reply, CZ raised his support for the self-custody wallets. Self custody wallets are not without risks. I am supportive of self
Crypto fraud and digital thefts are threatening the crypto community. Even the FBI (Federal Bureau of Investigation) has taken steps to alert the NFT scams to the users with a public announcement. Likewise, Fireblocks Network, a secure digital asset transferring network has identified the security bugs affecting wallet providers like
Binance has recently announced it has been granted a full license to operate in El Salvador. This landmark event coincides with the rising acceptance of Bitcoin (BTC) as legal money in the nation. The exchange has made history with this statement by being the first cryptocurrency exchange to be granted
A number of Binance’s senior legal and compliance employees have resigned in recent weeks, ostensibly due to the stress of handling several probes into the exchange’s business operations, although Binance strongly disputes this. Binance stated Thursday that it has hired Kristen Hecht as its new deputy chief compliance and global
According to data compiled by CCData, South Korean crypto exchange Upbit overtook Coinbase and OKX in trading volume for the first time in July. Both Coinbase and OKX, two centralized exchanges, suffered a decrease in trading volume in July, with Coinbase’s volume falling by 11.6% to $28.6 billion and OKX’s
If you are looking to get the maximum benefit in the crypto market, experts recommend investing in Tradecurve (TCRV). Meanwhile, the ongoing market turmoil has crippled Binance (BNB) and Uniswap (UNI), making them unattractive among investors. Tradecurve has launched its much-anticipated presale, and its early investors are likely to have
