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Binance Experiences Market Share Decline Post Regulatory Clampdown


Binance has seen its market share shrink by 25% over the last three months amid increased regulatory pressure from the US.  The world's largest cryptocurrency exchange accounted for 57.5% of the average monthly volume of all crypto trades in February, but its market share has now dropped to...

Binance Labs co-leads in funding Fusionist: Boost Web3 gaming


Binance Labs, which is the venture capital wing of Binance, turned out to be a co-leader in a seed funding round amounting to $6.6 million towards Fusionist, which is a Web3 gaming company. This is in line with the company’s vision of backing the initial phase of Web3 gaming projects and helping...

Crypto Exchange Binance to Remove Privacy Coins From 4 European Markets


Multiple reports have revealed that Binance, the crypto exchange with the highest trade volume, has announced the removal of 12 privacy-focused cryptocurrencies from its markets in Spain, France, Poland, and Italy. Commencing on June 26, 2023, users residing in these four countries will no longer...

Binance Chief Communications Officer Responds to Reports on Job Cuts


Binance’s chief communications officer denied that the world’s largest cryptocurrency exchange is cutting 20 percent of its staff, following news reports about the job cuts on Wednesday morning.  Binance’s Patrick Hillmann retweeted a post from independent journalist Colin Wu, who had reported...

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