Tag Archives: Binance

CommEX, a crypto exchange that previously took over Binance’s operations in Russia after it decided to exit the country, has revealed its intention to cease operations in the country. Binance had initially announced its departure from Russia in September 2023, stating that the process would take approximately one year to complete. CommEX Announces Gradual Wind-Down of Operations In a post on X, CommEX Russia mentioned that the exchange will wind down operations gradually...

CoinspeakerBinance Labs Invests in StakeStone amid Growing Interest in Restaking Sector Investing in advance­d restaking protocols aligns with Binance Labs' strategic focus on this domain. Binance Labs Invests in StakeStone amid Growing Interest in Restaking Sector

The Nigerian government has slammed the world’s largest cryptocurrency exchange, Binance, with four counts of tax evasion charges as the saga between the entities deepens. According to a report from local media Premium Times, the Federal Inland Revenue Service (FIRS) filed the charges at a Federal High Court in the nation’s capital, Abuja, on March 22, the same day Nadeem Anjarwalla, one of the Binance executives detained since February, escaped from the custody of the...

TL;DR Binance adds 17 altcoins as new loanable assets, offering users greater flexibility and the potential for Real-Time APR rewards through its Binance Loans (Flexible Rate) product. The exchange will also delist certain cryptocurrencies, reflecting its ongoing commitment to high standards and operational adjustments in response to network demands. The world’s largest cryptocurrency exchange continues with the amendments to its platform to provide a better user...

Binance disclosed in its 16th proof-of-reserves (PoR) snapshot that its assets exceeded $100 billion as of March 18. The exchange views this milestone not merely as an “arbitrary number” but as evidence of continued trust in Binance and a strong indication of the crypto markets’ solid performance. Binance’s User Asset Holdings Surge In a blog post, the company revealed that its user assets under custody have surged, more than doubling from $40 billion as the year began to...

TL;DR Coinbase added Arkham (ARKM) to its observation list, leading to a brief price spike, and announced the delisting of another cryptocurrency amid a market decline. Binance updated its platform with new trading pairs and contracts, temporarily halted Solana (SOL) withdrawals due to network congestion, and expanded its trading bot pairs. The leading cryptocurrency exchange – Coinbase – continues implementing amendments to its platform to enhance user experience. Most...

Binance has cleared its personnel from the allegations surrounding Book of Meme (BOME), a meme coin built on the Solana blockchain. The move follows widespread discussions and allegations of possible insider trading associated with the “BOME rat warehouse” incident, prompting Binance to take swift action to address the matter. Binance Responds to Allegations In an official statement released on X, the exchange emphasized its commitment to maintaining transparency and fairness...

CoinspeakerEther.Fi Token Makes Debut at $4.13 Following Airdrop and Binance Launchpad Distribution ETHFI has a maximum supply capped at one billion tokens, with 20 million tokens allocated to the Binance Launchpad and 60 million tokens reserved for 'season one' of the token airdrop. Ether.Fi Token Makes Debut at $4.13 Following Airdrop and Binance Launchpad Distribution

CoinspeakerBinance Investigates BOME for Insider Trading Activity, Offers Up to $5M in Rewards for Evidence Binance launched an investigation into BOME as a suspicious transaction took place a few hours before the token got listed on the market. Binance Investigates BOME for Insider Trading Activity, Offers Up to $5M in Rewards for Evidence

BNB Chain has launched a Rollup-as-a-Service (RaaS) solution that aims to enable large-scale Dapps, enterprises, and BNB Chain itself to construct customized Layer 2 solutions. The latest move aligns with BNB Chain’s 2023 roadmap, which involves expanding the ecosystem with a secure multichain strategy, among other aspects. BNB’s Rollup-as-a-Service (RaaS) Solution According to the official press release, RaaS targets Dapps and blockchain ventures, providing a cost-efficient...