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Multiple US States Have Revoked Binance US Crypto Licenses


Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...

SEC’s Crypto Enforcement Chief Departs After 9 Years


The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges...

Binance initiating the registration of its ZKsync (ZK)


Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024.  The spot trading pairs which are accessible to ZKsync...

Nigeria Drops Tax Evasion Charges Against Binance Executives


Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated that it awaits the court’s...

Binance Labs & BNB Chain announce BIA to promote Blockchain innovation


Binance Labs-supported blockchain project BNB Chain announced the BNB Incubation Alliance (BIA) launch, pledging to assist early-stage blockchain projects. The alliance is a global movement that unites the top VCs, incubators, and developer groups worldwide for a 48-hour virtual event....

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto


Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The...

IO.NET ($IO) soars 47% in 24 hours after Binance listing


IO.NET, a new decentralized GPU network that provides computing power to its users, launched its Native Token, $IO, which quickly became popular among users. The token has a market cap of $578M and was launched on Mainnet on June 11th.  Investors gained 47% in only 24 hours. On June...

BNB rebounds from 2023 lows with record highs


Within a year of settling with the US Department of Justice, BNB has managed to reach its all-time high. The native token of the Binance exchange recently hit the $700 mark. At the start of the year, Binance was worth $312. The coin rallied to $600 in mid-March, thanks to improving crypto market...

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