Tagged: binance

May 5, 2022 @ 8:41 am By JD Alois  |  

  Binance, the world’s largest crypto exchange, is part of a long list of big investors who have committed capital to Elon Musk’s acquisition of Twitter (NYSE:TWTR). According to a filing with the Securities and Exchange Commission (SEC), Binance has promised $500 million in equity… Read More

April 24, 2022 @ 4:41 pm By Omar Faridi  |  

The team at digital assets firm Binance recently noted that they are pleased to announce the appointment of Seth Levy, formerly from Citadel LLC and the Financial Industry Regulatory Authority (FINRA), “as Binance’s Head of Market Surveillance.” Seth will be responsible for overseeing efforts “to… Read More

April 4, 2022 @ 8:23 am By Omar Faridi  |  

Binance’s Chief Technology Officer, Rohit Wad recently shared why he decided to make the leap to crypto and blockchain, and the projects that “excite” him. Rohit noted that before the COVID-19 pandemic, his mother “didn’t even use credit cards.” He added that now, she knows… Read More

March 21, 2022 @ 7:26 pm By JD Alois  |  

Binance has sent a letter to the Ontario Securities Commission (OSC) telling the regulator it is committed to ceasing opening new accounts in Ontario. Last year, Binance Canada announced it would cease providing crypto services in Ontario. The OSC allows crypto exchanges to provide trading in… Read More

March 17, 2022 @ 11:56 am By JD Alois  |  

EQONEX Limited (NASDAQ: EQOS) has selected Jonathan Farnell as its new CEO and Member of the Board of Directors. Farnell was previously the Head of Binance UK and CEO of Bifinity. The current interim CEO Andrew Eldon will revert back to his primary roles of… Read More

March 14, 2022 @ 10:48 pm By JD Alois  |  

Binance has received a crypto asset license from the Central Bank of Bahrain (CBB), according to the crypto exchange. This is Binance’s first digital asset-specific license. The company said approval by the CBB demonstrated its commitment to being in regulatory compliance as the first of… Read More

March 11, 2022 @ 7:56 am By Omar Faridi  |  

Binance UK is pleased to renew its membership at Innovate Finance, which is an independent not-for-profit industry body “representing the UK’s Global FinTech community, as a Scaleup Innovator for another year until 2023.’ As an international player in the digital asset sector, Binance is “committed… Read More

March 7, 2022 @ 4:02 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) has issued a statement pertaining to EQONEX Limited and the Binance Group stating that Bifinity will advance a USD $36 million in a convertible loan to EQONEX. EQONEX is a firm based in Singapore that is listed on the NASDAQ… Read More

March 7, 2022 @ 10:42 am By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, has reportedly invested $1.1 million in AlwaysGeeky Games, which is the creator of an NFT project called Voxies and game called Voxies Tactics. Binance Labs and AlwaysGeeky Games will “maintain a long-term partnership to further… Read More

March 6, 2022 @ 7:46 pm By JD Alois  |  

There has been a fair amount of discussion regarding Russia using crypto to evade sanctions. First, crypto as a market is simply too small to be an effective tool for the Russian government to utilize it to mitigate the full impact of the economic blockade…. Read More

March 2, 2022 @ 3:04 pm By Omar Faridi  |  

US-based digital asset firm Coinbase Global Inc (NASDAQ: COIN) confirmed that it would continue to block accounts and transfers of Russian customers targeted by US and EU-led sanctions. However, the crypto exchange has stopped short of banning all customers from Russia As reported by Reuters,… Read More

February 28, 2022 @ 9:25 am By Omar Faridi  |  

Binance, a leading crypto and blockchain infrastructure provider, has committed $10 million minimum to “help the humanitarian crisis in Ukraine” via its Binance Charity Foundation. As mentioned in the update, the donation will be “split between major intergovernmental organizations and nonprofit organizations already on the… Read More

February 21, 2022 @ 3:11 pm By Omar Faridi  |  

Binance UK is pleased to contribute to the NASMA’s Student Money Matters initiative, the United Kingdom’s National Association of Student Money Advisers, to “provide 2.2M UK University Students with crypto-asset and blockchain education throughout 2022.” NASMA is a UK Government Body created “to look after… Read More

February 17, 2022 @ 5:29 pm By Omar Faridi  |  

Binance Labs, the VC and innovation incubator of Binance, made an investment in Manta Network, the Web3 privacy protocol focused on privatizing crypto-assets. Manta Network’s layer-1 network design “leverages zero-knowledge proofs to privatize crypto assets.” Built with the Substrate framework, Manta’s privacy tech interoperates with… Read More

February 17, 2022 @ 11:08 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) is reportedly looking into the relationship between the US division of Binance, the world’s largest digital asset exchange, and two trading companies with alleged ties to Binance founder Changpeng Zhao or “CZ”, according to sources familiar with the… Read More

February 13, 2022 @ 10:18 pm By Omar Faridi  |  

Binance Labs, the VC division and innovation incubator of Binance, is pleased to confirm its latest strategic investment in Automata Network, which is described as a decentralized service protocol that offers privacy middlewares for dApps (or decentralized applications). Automata Network addresses key pain points associated… Read More

February 10, 2022 @ 3:54 pm By JD Alois  |  

As part of a SPAC deal, Binance will invest $200 million in Forbes – the largely business-focused publication. Last year, it was announced that Forbes would merge with SPAC sponsor Magnum Opus Acquisition Ltd (OPA.N), a blank check firm targeting the global consumer, technology, and media… Read More

February 4, 2022 @ 3:20 pm By Martin Cheek  |  

The role that cryptocurrency plays in money laundering is hotly debated. Some say that the anonymity afforded by currencies like Bitcoin makes it easier for criminals to shift funds undetected, while others argue that the blockchain and it’s unchangeable, publicly visible ledger actually provide far… Read More

January 31, 2022 @ 8:12 am By Omar Faridi  |  

Binance Labs, the venture capital and innovation incubation division of Binance, has announced a strategic investment in StarryNift, the game Metaverse and co-creating platform that aims to bring the Metaverse space to greater heights. StarryNift is described as the first gamified “massive” co-creation Web 3.0… Read More

January 24, 2022 @ 11:38 pm By Omar Faridi  |  

Binance, one of the leading blockchain and crypto infrastructure providers, is pleased to confirm that it has officially joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation primarily focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance reports that it’s the first… Read More