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Arkham's Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad
18.7.2023
Blockchain analytics firm Arkham Intelligence's native token (ARKM) is trading at $0.74 with a $107 million market cap after it was issued to beta testers and Binance launchpad participants
Binance Abruptly Terminates Argentine Soccer Association Partnership Citing Contract Breach
18.7.2023
Crypto exchange Binance’s Argentina arm has decided to abruptly call-off its partnership with the Argentine Football Association (AFA), accusing the latter over lack of compliance.
In January 2022, Binance entered into a five-year contract with AFA, the governing body of football in Argentina...
Crypto headcount surges over 100% since 2019 despite implosions
18.7.2023
While industry giants like Binance hire and lay off thousands of people, other crypto heavy-weights like Tether currently only have 60 employees
Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier
18.7.2023
As of July 17, 2023, the decentralized finance (defi) sector has been witnessing a great deal of consolidation with total value locked (TVL) figures standing at $44.19 billion. Throughout most of the year in 2023, except for a brief period of seven days in April, the TVL in defi has consistently...
Multichain saga screws users, Binance fires 1,000 staff: Asia Express
18.7.2023
The Multichain saga includes secret arrests, a suspicious exploit, and one man allegedly in control of $1.5B. Plus, Binance fires staff
Binance Ends Argentina’s Soccer Association Partnership Citing Lack of Compliance
17.7.2023
Price analysis 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATIC
17.7.2023
Bitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support
Binance cuts back on employee benefits, citing 'decline in profit': Report
17.7.2023
The crypto exchange reportedly stopped offering reimbursement to employees for certain expenses including use of mobile phones, fitness, and working from home
Binance CEO Confirms Layoffs, Refutes Exaggerated Figures
17.7.2023
Binance CEO Changpeng Zhao (CZ) has confirmed that his exchange is laying off people, but said numbers reported in the media are “way off.”
“As we continuously strive to increase talent density, there are involuntary terminations,” CZ wrote in a tweet this weekend, while adding “This happens...
Binance Slashes Worker Benefits as Profit Falls: WSJ
17.7.2023
Binance has stopped offering certain benefits to its employees on June 19 as the company’s profits continue to decline, according to former employees and internal company messages viewed by the Wall Street Journal
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
17.7.2023
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $30,000...
Lightning Network Bitcoin Deposits Now Live on Binance
17.7.2023
Bitcoin holders that want to deposit their assets to crypto exchange Binance using the lightning network, a bitcoin scaling solution
Binance.US shares an update about the legal battle with the SEC
17.7.2023
The American arm of Binance has shared an update with the community about the ongoing legal battle with the US Securities & Exchange Commission, the SEC. Per the update, the US Court has not granted rights to the Commission to freeze the assets of the platform. Also, their right to TRO has been...
Binance Successfully Integrates Bitcoin Lightning Network for Faster and Cheaper Transactions
17.7.2023
Crypto exchange giant Binance has completed the integration of the Bitcoin Lightning Network, enabling its users to deposit and withdraw the world's number one crypto through this popular Layer 2 (L2).
Bitcoin Lightning Network is a second-layer solution that addresses scalability issues. It uses...
1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance
17.7.2023
The native token of decentralized exchange (DEX) aggregator 1inch (1INCH) has risen by more than 30% in the past 24-hours as trading volume hit $597 million, its highest level since October, 2021
National Australia Bank joins crypto exchange boycott, cites ‘scams’
17.7.2023
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams
BNB Token is Being Heavily Shorted, Perpetual Futures Show
17.7.2023
Binance completes integration of Bitcoin Lightning Network
17.7.2023
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...
Binance customers represented by entity, citing inadequate representation
15.7.2023
Eeon seeks compensation from both Binance and the US SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day