Sat, May 10

Binance Acquired 5M MATIC From Unknown Wallet

Polygon (MATIC) has joined whales’ preferred crypto token list along with Ethereum, an attractive cryptocurrency for whales with its potential. One enormous whale was spotted acquiring a sizable quantity of MATIC earlier today. According to Whale Alert, an account that tracks whale transactions, 5,190,398 MATIC was transferred from an unknown

March 27, 2023 2 mins read

Binance Resumes Spot Trading After Brief Halt Due to Technical Issue

Binance, one of the most prominent cryptocurrency exchanges, has announced that it has finished a brief period of system maintenance and that trading has resumed as usual. Earlier on Friday, the exchange said that it would temporarily halt all spot trading on the platform. Resolving an issue is expected to

March 24, 2023 1 min read

Crypto Exchange Binance Stopped Spot Trading

Binance the biggest cryptocurrency exchange in the world, has briefly stopped all spot trading, deposits, and withdrawals due to an issue that it is trying to fix.  We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work to resolve

March 24, 2023 1 min read

Tether Treasury Moved 166M USDT to Binance

On March 21 Tether minted 1 billion USDT on the Tron Network. This follows the billions of stablecoin that it has minted over the last week. In the last seven days, Tether has minted 4 billion USDT.  Tether’s mintings have come as the stablecoin sector is facing increased competition, with

March 22, 2023 1 min read

Crypto Exchange Binance Announces Listing of Arbitrum (ARB) Token

Binance, a cryptocurrency exchange, has announced the trading of the Arbitrum (ARB) token in the pairings ARB/BTC and ARB/USDT. With withdrawals commencing on March 24 at 17:00 UTC. Moreover, cryptocurrency derivatives exchange BitMEX has now released Arbitrum (ARB) futures that are margined in USDT, just in time for the much-anticipated

March 20, 2023 2 mins read

Binance Replaces BUSD Stablecoin in ‘SAFU’ Fund With TUSD and USDT

Binance introduced the “Secure Asset Fund for Users” (SAFU) on January 29, 2022; the SAFU is a $1 billion emergency insurance fund designed to protect Binance users in the case of a disaster. The SAFU fund’s initial holdings included BNB, BUSD, and BTC. Binance has replaced BUSD in the fund

March 18, 2023 1 min read

Crypto Exchange Binance Announces Support For Staked ETH Withdrawals

The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to

March 17, 2023 2 mins read

New York Court Denies Request to Halt Binance’s Voyager Deal

The District Court of New York denied the government’s request to halt the $1 billion deal bid by Binance to buy up the voyager’s assets. The court stated the delay would harm customers.  The decision to deny the government’s motion was announced on March 15. In it, Judge Micheal Wiles

March 16, 2023 1 min read

Ethereum-Based Uniswap V3 Now Expands to BNB Chain

Decentralized exchange Uniswap version 3 (V3) is officially live on the BNB Chain, the smart contracts-based blockchain developed by the crypto exchange Binance. Significantly, the DEX executed this integration after receiving 66% of governance votes from its community.  The proposal submitted in February was met with a positive response and

March 16, 2023 2 mins read

Binance to Move Zero Fee Bitcoin Trading from BUSD to TUSD

Binance, the world’s largest crypto exchange by trading volume updated its zero-fee Bitcoin trading program. Today Binance CEO Changpeng Zhao announced the cryptocurrency exchange moving zero-fee BTC trading from Binance USD (BUSD) to TrueUSD (TUSD) on March 22. Important update. Given recent events, we are moving 0 fee BTC trading

March 15, 2023 1 min read