Tag Archives: Binance

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance – the world’s largest crypto exchange – on Monday, alongside its CEO Changpeng Zhao (CZ) and partner firm, Binance US. Allegations include securities law violations such as self-dealing market manipulation, and the sale/offer of multiple unregistered securities.  According to a press release from the SEC on Monday, the agency alleged that both Binance and Binance US operated “unregistered...

Leading cryptocurrency exchange, Binance, has just concluded its first metaverse reality show dubbed “Build The Block.” The show ends with the blockchain project zkPass emerging as the winner, opening the way to several awards from the exchange. zkPass is a decentralized privacy-protecting identity protocol that harnesses Multi-party Computation (MPC) and Zero-knowledge Proof (ZKP) technology to enable users to prove their verifiable data in the Web2 and Web3 networks. zkPass...

zkPass protocol was selected from a list of more than 900 applicants and will now receive strategic funding from Binance Labs as well as four other finalists. A decentralized open-source protocol that focuses on identity verification solutions zkPass has been crowned the winner of a metaverse show sponsored by the leading cryptocurrency exchange Binance. According to the announcement, the Binance metaverse show was seeking to crown the next big Web3 entrepreneur amongst a huge group of...

Binance – the world’s largest cryptocurrency exchange – has confirmed that its “reevaluating” its talent base following an external report that the firm plans to lay off roughly 20% of its workforce next month.  The report presents a stark contrast to Binance’s position of strength last year, having stood out among industry leaders for continuing to expand during the bear market.  Binance to Cut Workers On Wednesday, popular Chinese crypto reporter Colin Wu said he’d...

Die Blockchain-Technologie hat in den letzten Jahren grosse Aufmerksamkeit erregt und verschiedene Branchen beeinflusst, darunter auch die Kunstwelt. Mit der Einführung von nicht-fungiblen Tokens (NFTs) und der Idee der Tokenisierung hat die Blockchain das Potenzial, die Art und Weise, wie wir Kunst betrachten, kaufen und verkaufen, grundlegend zu verändern. NFTs sind einzigartige digitale Assets, die auf der Blockchain basieren. Im Gegensatz zu Kryptowährungen wie Bitcoin oder Ethereum, die...

On Tuesday, the prices of bitcoin and other crypto assets were seen trading at a discount on the Australian arm of Binance, the world’s largest crypto exchange by trading volume, compared to rival local platforms. As of 1:10 pm, bitcoin (BTC) was trading at A$34,863 ($22,670) on Binance Australia, about A$7,516 ($4,913) lower than the average price on most exchanges, including BTC Markets, where it was trading at A$43,000 ($28,130), Coinjar and Independent Reserve. Other...

Following increased regulatory action from the SEC and other local and global watchdogs, members of the crypto community have been worrying about the industry’s future relationship with the banking sector. Pivot to Europe in The Cards The restlessness surrounding future crypto regulation was amplified following the collapse of both Signature Bank and Silvergate Bank, both of which supplied much of the infrastructure needed to keep the crypto world tethered to the banking...

The launch of the crypto exchange in Thailand comes at an opportune time, as the country continues to embrace digital innovation and blockchain technology. The world’s largest crypto exchange Binance has teamed up with Gulf Innova Co Ltd, a major technology firm in the Gulf area, to launch a new crypto exchange in Thailand. With the launch scheduled for the fourth quarter of 2023, this collaboration could shape the future of Thailand’s crypto landscape. Binance shared the announcement in a...

The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral. Binance continues its effort in the world of non-fungible tokens. According to a press release shared with CryptoPotato, the exchange is launching a new feature. It will allow users to borrow crypto while using their NFTs as collateral. However, it is worth noting that the loans...

A Reuters report on Tuesday suggested that Binance – the world’s largest cryptocurrency exchange – comingled billions of dollars worth of customer assets with its corporate revenue in 2020 and 2021, obscuring the whereabouts of their money.  Binance’s Chief Communications Officer Patrick Hillmann responded by calling the story “weak” and xenophobic but admitted that Binance has had “regulatory shortcomings” in the past. Reuters’ Claims The initial Reuters report cited...