Tagged: binance

September 15, 2024 @ 4:45 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

September 6, 2024 @ 10:16 am By Omar Faridi  |  

Binance has released an update entitled, Blockchain in the Modern Payments Landscape: Synergy and Transformation. Binance Research has shared that key takeaways as follows: This Binance Research report looks at “the state of modern payments, its main pain points, and how blockchain payments can address… Read More

August 27, 2024 @ 8:30 am By Omar Faridi  |  

Binance says it will be listing Eurite (EURI) and introduce EURI zero trading fee promotions as well. Binance reminds users to do their own research before making any trades for the aforementioned token outside Binance in order “to avoid any scams and ensure safety of… Read More

August 26, 2024 @ 5:27 pm By JD Alois  |  

Global crypto exchange and digital asset innovator Binance has received a letter of appreciation from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF). The letter was in recognition of their assistance in a kidnapping case. According to the letter signed… Read More

August 16, 2024 @ 7:55 am By Omar Faridi  |  

Binance has reportedly achieved its 19th global regulatory milestone with registration in India. As part of their ongoing efforts to uphold regulatory standards, Binance says it is pleased to announce that firm has “registered as a reporting entity with India’s Financial Intelligence Unit (FIU).” This… Read More

August 8, 2024 @ 8:08 am By JD Alois  |  

Binance is reporting that it has reclaimed more than $73 million in funds pilfered by hacks. The Binance security team is said to have recovered the funds as of July 31st, topping the $55 million recovered in 2023. Binance touts that it has partnered with… Read More

July 31, 2024 @ 6:11 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPriori’s mission is to “decentralize Monad’s network and enhance the user… Read More

July 30, 2024 @ 4:05 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) may be withdrawing its charges against third-party crypto tokens like Solana’s SOL as well as Polygon’s MATIC. These digital tokens have been part of the regulator’s lengthy case against crypto exchange Binance, Breaking: #Solana $SOL is no longer… Read More

July 10, 2024 @ 11:50 pm By Omar Faridi  |  

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

July 4, 2024 @ 1:26 pm By Omar Faridi  |  

On Friday, June 28, 2024, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia appeared to have struck a major blow to the US Securities and Exchange Commission (SEC) Chair Gary Gensler’s “regulation-by-enforcement” campaign being carried out against secondary crypto-asset… Read More

June 24, 2024 @ 10:56 am By Omar Faridi  |  

Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More

June 20, 2024 @ 7:12 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator. Rango’s interoperability enables easy transacting “across diverse blockchain ecosystems to drive DeFi growth.” With its expansive capabilities and support for major blockchains including… Read More

May 24, 2024 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is poised to green-light Ethereum (Ether) ETFs after years of pushback. As of this writing, it was not clear as to when these products would commence trading. Earlier this year, the SEC approved spot Bitcoin ETFs for trading after… Read More

May 14, 2024 @ 2:30 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way. Existing solutions have been largely “dependent on centralized entities with… Read More

May 11, 2024 @ 5:19 pm By Michael Wong  |  

The Financial Intelligence Unit (FIU) of the Indian government has granted Binance and Kucoin, offshore cryptocurrency exchanges, the approval to register and operate as virtual asset service providers in India. This pivotal decision allows them to engage in a broad array of digital asset services,… Read More

May 10, 2024 @ 2:30 pm By Omar Faridi  |  

FINTRAC announced that it has imposed an administrative monetary penalty on Binance Holdings Limited, also operating as Binance Holdings (IE) Ltd., Binance.com, Binance Global and Binance. This foreign money services business was “imposed an administrative monetary penalty of $6,002,000 on May 7, 2024 for non-compliance… Read More

May 1, 2024 @ 5:21 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance has invested in MilkyWay, a liquid staking protocol for Celestia’s modular blockchain ecosystem. MilkyWay aims to be the leading provider of modular liquidity “for rollups that rely on Celestia for Data Availability by unlocking TIA… Read More

April 30, 2024 @ 3:39 pm By JD Alois  |  

Binance founder and former CEO Changpeng Zhao (CZ) was sentenced to four months in prison last November after pleading guilty. Zhao was also required to pay a $50 million penalty. According to WSJ.com, Zhao told the court he was sorry for his behavior and regretted… Read More

April 26, 2024 @ 5:07 pm By Omar Faridi  |  

A new report from CoinGecko has looked at the latest market share of centralized crypto exchanges in terms of digital currency trading volumes. Binance has reportedly remained “the largest centralized exchange (CEX), with its market share at 49.7% in March 2024. Its spot trading volume… Read More

April 24, 2024 @ 8:19 am By Omar Faridi  |  

The United States Department of Justice is reportedly seeking a 36-month prison sentence for Binance founder and former CEO Changpeng Zhao, or “CZ.” US prosecutors are said to be seeking a potential 3-year prison sentence for Changpeng Zhao, who is the founder Binance, the world’s… Read More