Binance has gone a long way since its launch in 2017. By weathering the storm of the bear market and other turbulence, Binance has shown itself to be among the most durable of the bunch. The whole cryptocurrency industry had a rough 2022. The industry has seen it all, from
The largest cryptocurrency exchange in the world Binance has set forth to provide users with various options for buying cryptocurrencies. The platform has updated Binance Build to offer users to purchase cryptos using both Apple Pay and Google Pay. The Binance action is a significant step toward enhancing the service’s
Last week, a group of investors claimed that $22 million in cryptocurrency had been taken from the trading platform 3Commas due to a breach in the company’s API credentials. Wednesday, 3Commas disclosed that it was responsible for the API vulnerability. The news broke when an unknown Twitter user leaked almost
Despite the bleak crypto market environment and the collapse of FTX, the government of Japan has agreed to make listings by cryptocurrency exchange in the nation simpler. Japan is relaxing its strict crypto laws even as the ripple effects of FTX’s downfall are still being felt across the industry and
Sam Bankman-Fried ‘SBF’ is scheduled to enter a plea next week in response to charges that he defrauded investors and misappropriated billions of dollars from users at his bankrupt FTX crypto exchange. It’s been just 6 days since the former CEO was freed on a $250 million bond. According to
A total of six executives were sentenced to up to eight years in jail. For their roles in the $1.5 billion (2 trillion won) V Global crypto exchange scam in South Korea. While three were not held so they could dispute specific allegations in court. V Global was in business
Binance, the biggest cryptocurrency exchange in the world, has put a hold on burning Terra Classic (LUNC) trade fees until March 2023. This action follows on the heels of the events around the funding proposals for the commodities pool, numbered 10983 and 11111. The crypto exchange will also only burn
Kraken, a global cryptocurrency exchange, is ceasing operations in Japan for a second time. Blaming a drain on its resources caused by the country’s “weak crypto market.” Kraken announced in a blog post on December 28 that it would be closing its offices in Japan. And removing its registration with
The cryptocurrency trader accused of fraud in a $110 million allegation scam at Mango Markets has been detained in Puerto Rico. The scammer behind the exploitation of the decentralized trading platform is also charged with market manipulation and fraud by the prosecutors in New York. Avraham Eisenberg allegedly manipulated the
According to reports in local media, fifteen French investors have filed a lawsuit against Binance France and Binance Holdings Limited for false concealment and deceptive business activities. Binance was accused of breaking French law on December 14 in a complaint made by the plaintiffs. The complaint said that the exchange
