Tag Archives: Binance

Nigerian authorities are urging Binance to provide details about its most prominent 100 users within the nation amidst a continued clampdown on the platform. The request is a focal point in discussions between Binance and Nigeria, with the government perceiving the exchange as a key obstacle hindering its attempts to strengthen the national currency, the naira. Nigeria Demands Binance’s Transaction Records In addition to seeking information on some Binance users, Nigerian...

CoinspeakerBNB Chain to Expand Layer 2 Network with RaaS Debut In December, BNB Chain published its roadmap for BNB Greenfield, which includes numerous intriguing advancements that blend Web2 performance and Web3 features to improve user experience. BNB Chain to Expand Layer 2 Network with RaaS Debut

CoinspeakerBullish Surge: BNB & BGB Leading Resurgence of Centralized Exchanges in February 2024 February 2024 has been particularly dynamic for Bitget, marked not only by the growth in its user community but also by the expansion of its trading platform through the listing of 39 new tokens. Bullish Surge: BNB & BGB Leading Resurgence of Centralized Exchanges in February 2024

CoinspeakerCoinbase’s Legal Team Challenges SEC, Demands Clear Crypto Regulations Coinbase asserts that the SEC is exercising authority over crypto assets without establishing dedicated regulations for their treatment Coinbase’s Legal Team Challenges SEC, Demands Clear Crypto Regulations

TL;DR Binance is set to introduce XRP/USDT options trading by the end of the week, aiming to improve trading experiences with competitive pricing. The company also adjusted its offerings by suspending Solana withdrawals, delisting several altcoins, and adding new assets to Binance Loans. The leading cryptocurrency exchange continues implementing amendments on its platform “to enhance users’ trading experience.” According to a recent announcement, Binance will launch XRP/USDT...

CoinspeakerSolana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change. Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum

According to Fortune, Binance.US is facing significant challenges, including forced layoffs and a decline in revenue, following legal actions initiated by the U.S. Securities and Exchange Commission (SEC). In newly released court documents, Binance.US Chief Operating Officer Christopher Blodgett disclosed that the company has been compelled to terminate over 200 employees, amounting to two-thirds of its workforce, since June. Forced Layoffs and Revenue Plunge This downsizing...

CoinspeakerBinance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps The AEVO tokens have a 1 billion maximum supply and will allow farming by Binance users who stake FDUSD and BNB tokens from the 8th of March. Binance Welcomes AEVO (AEVO) as 48th Project on Its Launchpool, BNB Price Jumps

CoinspeakerBitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation Over $800M of the $1B in liquidation was accounted for by long positions, meaning leveraged bulls recorded massive losses. Bitcoin (BTC) Rebounds after Tipping $1B Market-Wide Liquidation

Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post, Binance will halt NGN withdrawals starting from March 8, following which, any remaining NGN balances in users’ Binance accounts will be...