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Boris Johnson’s Brother Quits Binance Unit Advisory Role Amid 'Finance Transparency Concerns' and Market Turmoil – Here’s What Happened
20.12.2022
Jo Johnson, brother of former British Prime Minister Boris Johnson, resigned from the UK advisory board of Bifinity, a unit of the major crypto exchange Binance.
Binance itself reportedly announced Johnson's departure from the payments technology company on Monday. According to The Telegraph, in...
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD
13.12.2022
Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar...
Binance Coin Price Prediction as Investors Fear Binance Exchange is Next to Collapse – Here’s Where BNB is Headed Next
13.12.2022
BNB, otherwise known as Binance Coin, the Binance cryptocurrency exchange’s utility token and the native token to the Binance Smart Chain, was last trading with losses of around 3.0% on Tuesday and was down closer to 6.0% over the last 24 hours, according to CoinMarketCap. BNB/USD was last changing...
Binance exchange daily BTC withdrawals top $500M as CZ says 'FUD helps us grow'
13.12.2022
Bitcoin withdrawals surge as Binance recovers from a media storm and subsequently accusations of suspicious activity
Binance Hires Former Donald Trump Auditors For Proof of Reserves Effort
2.12.2022
Major crypto exchange Binance has appointed the accounting firm Mazars, which worked for former US President Donald Trump’s company, to assist with its Proof of Reserves (PoR) effort.
In order to help assure investors that its coins are covered by reserves, Binance decided to use Mazars to verify...
Binance to Provide Proof-of-Reserves Following FTX Bust – Other Exchanges to Follow Suit?
9.11.2022
Major crypto exchange Binance will follow Gate.io 's and Kraken's example and start doing Proof-of-Reserve (PoR) audits, said CEO Changpeng Zhao.
Zhao, known as CZ, tweeted on Tuesday evening (UTC time) that Binance would "soon" start to do proof-of-reserves, arguing that:
"All crypto exchanges...
Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer
8.11.2022
BNB, an exchange token used within the Binance trading environment, jumped 20%, leading a broad rebound in crypto markets that had been in freefall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits
A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance
27.10.2022
Some serious withdrawals are occurring on the world’s biggest crypto exchange by volume
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Binance exchange burns $547M worth of BNB tokens
13.10.2022
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady
Binance and Kazakhstan to Share Information About Crypto-Related Crime
5.10.2022
Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit...
Binance establishes Global Advisory Board to work on regulatory and political issues
22.9.2022
The former United States Senator Max Baucus will be leading the board that includes 11 other prominent figures
BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
11.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News
Binance to Enable BEP20 Network Upgrade
20.6.2022
The official newsletter from Binance announced support for the BNB Smart Chain’s upgrade and hard fork. Referred to as the Euler Upgrade, it will go live on the 22nd of June at the block height of 18,907,621. The network will suspend all deposits and withdrawals approximately at 7:00 UTC...
Binance Adds Eight New Assets to Its Flexible Savings
2.6.2022
Binance has added eight new assets to Flexible Savings, a value-added service provided by Binance to its users. The assets added include DNT, BEL, JST, OP, LTO, RAD, UFT, and RVN. Binance shared the update on the official website with certain terms and conditions. Subscriptions close after...
LUNA Rallies as Binance Airdrops Token to Users
31.5.2022
The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning.
At the time of writing (09:37 UTC), LUNA traded at USD 8.54, up a massive 43.1% in the past...
Bitcoin Trading Volume During Four Market Crashes Suggest Sellers Are Giving Up
31.1.2022
Although the price of bitcoin (BTC) is down by almost 50% from its all-time high in November, and the latest market crash undoubtedly has been felt by BTC holders, an analysis of trading volumes during recent crashes suggest fewer coins are being sold this time around than during the sharp...
Binance crypto withdrawals return to normal following system backlog
1.11.2021
The company announced a halt in withdrawal activity via their official Twitter account on Monday morning which lasted for just over 2 hours
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...