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Tag Archives: Binance

Binance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO

[unable to retrieve full-text content]CoinspeakerBinance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO Binance Labs is now an independent spinoff of Binance Holdings and has no ties to the parent company other than the trademark name. Binance Quietly Concludes Binance Labs Spinoff as Part of Developments Under New CEO

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Nigeria Demands Data on Binance’s Top 100 Users Amid Naira Stability Concerns

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...

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Bullish Surge: BNB & BGB Leading Resurgence of Centralized Exchanges in February 2024

[unable to retrieve full-text content]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

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Important Binance Update Affecting Ripple (XRP) Traders

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...

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Binance.US Hit by Layoffs and 75% Revenue Drop Amid SEC Lawsuit Aftermath: Report

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...

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