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Binance

  • Regulation

    Binance chief Changpeng Zhao reiterates Binance not a Chinese company

    Binance founder and CEO Changpeng Zhao reiterated that Binance is not a Chinese company and it “was never incorporated in China,” as the country continues to ban cryptocurrency trading. See related article: Binance to help S. Korea’s Busan build first city-backed exchange Fast facts In a blog post published on Thursday, Zhao wrote that the […]

    Timmy Shen

  • Regulatory News

    Binance says it complies with regulators following US anti-money laundering probe report

    Binance, the world’s largest cryptocurrency exchange by trading volume, said it has worked with regulatory agencies from around the world to address outstanding compliance questions, following a Reuters report that U.S. federal prosecutors asked the exchange to offer internal records involving founder and CEO Changpeng Zhao for anti-money laundering checks in late 2020. See related […]

    Timmy Shen

  • Regulation

    Binance Australia strengthens user protection: report

    Binance Australia is tightening its sign-up process for new users, as part of renewed efforts to protect users considered most vulnerable to scams and cyber attacks, according to a report by Binance Australia. See related article: Binance to suspend ETH deposits, withdrawals during “The Merge” Fast facts According to the report, the company’s research and […]

    Zoltan Vardai

  • Altcoins

    Binance to help S. Korea’s Busan build first city-backed exchange

    Global crypto exchange Binance and the city of Busan in South Korea announced a memorandum of understanding (MOU) on Friday to promote the growth of the blockchain ecosystem in the city and the development of the Busan Digital Asset Exchange. See related article: Issue tokens later for growth, not for initial fundraising, advises Binance chief […]

    Danny Park

  • Altcoins

    Binance to suspend ETH deposits, withdrawals during “The Merge”

    Binance, the world’s largest cryptocurrency exchange by trading volume, said it will suspend deposits and withdrawals for ETH and ERC-20 during “The Merge,” in support of Ethereum’s migration to the proof-of-stake (PoS) model. See related article: Ethereum finalizes start date for Bellatrix upgrade Fast facts Binance said on Thursday that it will do so on […]

    Timmy Shen

  • Regulation

    Binance receives in-principal approval to operate in Kazakhstan

    The world’s largest cryptocurrency exchange, Binance, has received in-principal approval to operate a digital asset trading facility and provide custody services in Kazakhstan from the Astana Financial Services Authority (AFSA), the company announced on Monday. See related article: Crypto mining’s Great Migration continues — out of Kazakhstan Fast facts Binance is still required to complete […]

    Lachlan Keller

  • Crypto Trading and Strategies

    ETH futures contracts open interest on Binance breaks 8-month high: Glassnode

    Ethereum futures contracts open interest reached an eight-month high of over US$3.1 billion on Binance on Sunday, Glassnode said on Twitter. See related article: Markets: Bitcoin little changed, Ether dips below $2,000, Memecoins surge Fast facts See related article: Privacy protocol Monero completes upgrade to make transactions more private

    Ningwei Qin

  • Altcoins

    Binance-incubated Injective Labs raises US$40 mln

    Pantera Capital-backed Injective Labs has raised US$40 million to be used to create blockchain optimized for financial applications, it said in a statement.  See related article: Singapore DeFi derivatives exchange SynFutures closes US$14M fund raise Fast facts The funding round was led by Jump Crypto and BH Digital, the crypto arm of hedge fund manager […]

    Pradipta Mukherjee