Bitcoin News
Binance’s investment in Forbes is a wake-up call for the crypto industry
When the world’s biggest crypto exchange acquires a major stake in the business publication it once sued for defamation, should we worry?
Nick Saponaro
Lens
Binance
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Regulation
Israel added to Binance’s list of global regulatory trouble spots
Israel’s capital market watchdog is asking major cryptocurrency exchange Binance for clarifications on its services in the country and licenses under which it operates, local media reported Thursday. See related article: Binance US under probe for ties with trading affiliates: report Fast facts Binance has stopped all Israel-focused activities and marketing, the Globes reported, citing […]
Timmy Shen
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Regulation
Binance US under probe for ties with trading affiliates: report
The U.S. securities watchdog has launched a probe into crypto exchange Binance’s relationship with two trading firms with ties to founder Changpeng Zhao, the Wall Street Journal reported. Fast facts The Securities and Exchange Commission (SEC) is examining whether Binance’s U.S. arm properly discloses to users its links to two trading firms — Sigma Chain […]
Timmy Shen
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Bitcoin News
Super Bowl ad blitz not enough for exchanges to top Binance sales
The aggregate sales volume of the four crypto exchanges that advertised during the Super Bowl on Monday Asia time accounted for under 60% of the world’s largest exchange Binance, which did not. Fast facts The four exchanges — Coinbase, FTX, Crypto.com and BitBuy — saw a total of US$6.75 billion in the past 24 hours […]
Lachlan Keller
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Altcoins
Binance to take $200M stake in Forbes
Binance, the world’s largest cryptocurrency exchange, plans to take a US$200 million stake in Forbes through a private placement, making it one of the two largest shareholders of the 104-year-old business magazine. Fast facts The investment comes as Forbes seeks to go public on the New York Stock Exchange via a deal with a special […]
Timmy Shen
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NFTs and Gaming
S.Korean gaming giant Netmarble partners with Binance for GameFi
Netmarble revealed Thursday that it has formed a strategic partnership with Binance to establish a global blockchain gaming ecosystem. Fast facts Binance will provide its blockchain platform and tech infrastructure to Netmarble. Netmarble will build a new sidechain on the Binance Smart Chain (BSC) for developing GameFi and an initial game offering (IGO) on the […]
Danny Park
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Crypto Trading and Strategies
Are crypto e-red packets a thing for the Lunar New Year?
Digital payments are commonplace in Asia, but gifting crypto as lucky money remains niche.
Timmy Shen
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DeFi News
Fantom overtakes Binance Smart Chain in DeFi TVL
Fantom has overtaken Binance Smart Chain (BSC) to become the third-largest blockchain in decentralized finance (DeFi) as measured by total value locked (TVL), according to DeFiLlama. Fast facts Fantom’s TVL bucked the global crypto market downtrend and increased more than 60% to US$12.2 billion over the past week, as of publishing time. Fantom is an […]
Lachlan Keller
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Regulation
Binance, Gulf Energy enter partnership to develop Thai crypto exchange
Binance signed a memorandum of understanding with Bangkok-based power company Gulf Energy Development to establish a digital asset exchange in Thailand, the Southeast Asian nation with a population of 70 million people. Fast facts According to Gulf Energy’s letter to the Thai Stock Exchange on Monday, its local resources coupled with Binance’s exchange technology would […]
Timmy Shen
