#Binance

Highlights: Binance has transferred its South African derivatives arm to its Bahrain subsidiary. The trading platform cited regulatory concerns and the need to sustain its services for South African users as the reason behind the decision. Affected users must complete […]

Highlights: A PEPE whale dumped 330 Billion tokens, drawing community interest. Whale retains 1 trillion PEPE tokens after recent significant transactions. PEPE’s NVT ratio hit an all-time high, signaling potential overvaluation amid mixed market reactions. Pepe (PEPE), the third-largest meme […]

Highlights: Binance will temporarily suspend Cardano transactions on September 1 to support the network upgrade and Chang hard fork. The Cardano upgrade marks the beginning of the Voltaire era, aiming for decentralized governance. Stake pool operators and exchanges have reached […]

Highlights: Solana continues trading in a multi-week range between $184.62 and $127.34 Speculated SOL staking on Binance could trigger a bullish breakout $200 is a short-term target for Binance in such a breakout As the week draws to a close, […]

Highlights: Ceffu wallet removes 1.48 trillion PEPE from Binance, sparking widespread speculations among participants as they decipher possible reasons for the transfer. The tokens removal happened around the same period that saw 44.5K Bitcoin exit Binance. PEPE concentration by large […]

Highlights: Binance has frozen Palestinian funds following the Israeli authorities’ order. The frozen funds directive mirrored an Israeli anti-terrorism law established in 2016. Binance was accused of compromising its standards and prioritizing government desires over users’ information privacy. In a […]

Highlights: Binance will list Eurite (EURI), the first Euro-pegged stablecoin regulated under MiCA. Binance offers zero trading fees for EUR/EURI and EURI/USDT until further notice. EURI, backed by Banking Circle, offers 1:1 redemption with EUR. On August 26, crypto exchange […]

Highlights: Binance plans to hire 1000 employees by the end of this year, with 20% in compliance roles. The company’s annual compliance spending has risen to over $200 million. CEO Richard Teng, with a strong compliance background, is leading regulatory […]

Highlights: A new class action lawsuit alleges Binance failed to prevent money laundering and asset recovery. Plaintiffs claim Binance’s actions made stolen crypto untraceable despite blockchain records. The suit accuses Binance of violating US sanctions and aiding money laundering. Three […]

Highlights: Crypto exchange Binance blocks over $2.4B in crypto scam losses, protecting over 1.2 million users globally in 2024. The platform combines AI and manual reviews to monitor transactions, ensuring comprehensive protection across all Binance services. As of July 31, […]

Highlights: Binance returns to India after paying $2.25M fine, resumes trading services Compliance with Indian regulations crucial for Binance’s market re-entry and future dominance Binance’s return may boost India’s crypto market and inspire other global exchanges to follow Binance, the […]

Highlights: Binance challenges $86 million tax notice from India’s DGGI SEC plans to amend the lawsuit, potentially reclassifying SOL and MATIC Binance boosts compliance, appoints local counsel in India Binance, the world’s largest cryptocurrency exchange, is currently dealing with a tax […]