Binance, the world’s largest crypto exchange, announced that it had completed its 24th quarterly burn. There is a massive amount of BNB tokens that are burned in this quarterly burn. This time, the exchange includes the Auto Burn as well as the Pioneer Burn program. The 24th quarterly $BNB token
Binance, one of the world’s largest cryptocurrency exchanges, has reportedly laid off over 1,000 employees, including 36 in India. This binance layoff primarily affected customer service workers, and said it to be a result of its aim to reallocate resources and enhance talent density within the organization. Binance had previously
Bitcoin (BTC) has been settling around the $30,500 level for some time after a significant gain in the second half of June 2023. The price has been consolidating around these levels, exhibiting compression, throughout July. Moreover, this indicated a breakout is possible in the near future. On the other hand,
Blockchain analytics Lookonchain reported a huge BNB transfer that occurred on Binance in the last 12 hours. An anonymous whale moved nearly 141,835 BNB, worth $35.1 million, to 4 prominent Binance deposit addresses. A giant whale deposited 141,835 $BNB ($35M) to #Binance 3 hrs ago through 4 Binance deposit addresses.
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
Navigating the volatile realm of cryptocurrencies, Ethereum (ETH) stands out, maintaining its influential role among altcoins. Boasting a substantial market capitalization exceeding $228 billion, Ethereum retains its position as the silver medalist in the crypto race. A stable price of $1,901.09 also signifies this digital currency’s steady acceptance and usage.
The Binance community is still shaken by the events that occurred on May 18. On that day, Binance Australia announced the suspension of its dollar services after its payments provider, Zepto. It received instructions from Cuscal to stop supporting Binance. This left the community with numerous questions, but they have
Binance.US and its affiliated companies have taken legal action against the United States Securities and Exchange Commission (SEC), alleging “dishonesty and misleading” claims. The crypto exchange platform, Binance.US, along with its partners, filed a petition on June 21, seeking court intervention to challenge the SEC’s assertions regarding the handling of
Bitcoin (BTC), the global leader in the cryptocurrency market, experienced a significant surge of over 8%, reaching the $29,000 range. This impressive price movement has had a ripple effect throughout the market, causing several top altcoins to display gains and chart a positive trajectory. In addition the second largest cryptocurrency
Following the recent found of the SHIB’s largest whale, another whale transaction activity is reported today. A suspicious whale borrowed Binance Coin (BNB) from Venus, a decentralized finance (DeFi) lending protocol. A whale borrowed 44,000 $BNB ($10.88M) from #Venus and deposited to #Binance 4 hrs ago due to the announcement
