Binance has introduced a reward that may pay out between $100,000 and $5 million to anybody who comes forward with information on possible corruption or insider trading on the platform. Book of Meme (BOME), a meme coin based on Solana, was revealed to be listed on Binance on March 16.
Crypto exchange Binance reported on March 18 that the value of its assets under custody had surpassed $100 billion. When compared to the $40 billion that was recorded last year, this accomplishment is substantial. Reasons cited by Binance for the growth include the exchange’s dedication to maintaining a 1:1:1 ratio
Changpeng Zhao (CZ), co-founder and ex-CEO of Binance, unveiled a new initiative on Monday and promised to provide more information shortly. Instead of a new token, CZ announces a “Education project” in an X post. No details about the project’s scope or compatibility with the Binance platform have been disclosed.
OKX is reportedly gradually removing tether (USDT) trading pairs from the EEA as the EU gets ready to implement a thorough framework for cryptocurrency regulation. An email from OKX to a trader in Europe states that the cryptocurrency exchange is stopping support for USDT trading pairs. Delisting will take place
Richard Teng, the current CEO of Binance, according to Bloomberg has stated that he thinks bitcoin (BTC) will reach $80,000 by the 2024 end. According to Teng, “with supply reducing and demand continuing to come through,” he anticipates that the biggest cryptocurrency in the world will surpass his earlier prediction
The SEC in Nigeria has suggested an increase in the registration cost for cryptocurrency exchanges from 30 million naira ($18,620) to 150 million naira ($93,000), as part of an update to the regulations that govern platforms providing crypto services. According to the SEC, the purpose of the proposed amendments was
Censoring listed tokens is one way that crypto exchange Binance is trying to keep its users secure. Cryptocurrency investors have fallen victim to rug pull schemes using unverified digital assets. At the end of the day, investors lose millions of dollars due to these frauds. Regulators, who already see cryptocurrency
March 15 saw the addition of cryptocurrency exchange MEXC to the warning list maintained by Hong Kong’s Securities and Futures Commission (SFC). The SFC has said that MEXC is advertising its services to investors in Hong Kong even though it does not have a license to operate in the region
The developers behind the decentralized exchange PancakeSwap announced on March 15 that the coding and white paper for version four were published. Users may expect gas fee reductions and protection from temporary loss for liquidity providers (LPs) with the new version’s support for flash accounting and bespoke liquidity pools. An
As of March 14, the cryptocurrency exchange Bybit was added to the warning list maintained by Hong Kong’s Securities & Futures Commission (SFC). The regulator mentioned: “The Securities and Futures Commission (SFC) today warns the public of an unlicensed virtual asset trading platform (VATP) known as Bybit, which offers trading
