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FCA Sanctions Binance's UK Partner RebuildingSociety.com for Financial Promotions
10.10.2023
Binance Marketing Partner Rebuildingsociety has been sanctioned by the UK's Financial Conduct Authority (FCA), informing them that they cannot act on behalf of Binance for financial promotions under current law....
Read More: FCA Sanctions Binance's UK Partner RebuildingSociety.com for Financial...
Crypto Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest
10.10.2023
Leading crypto exchanges Coinbase, Revolut, and Binance have updated their mobile and web applications to comply with the new regulations from the United Kingdom Financial Conduct Authority (FCA).
Coinbase and Revolut informed their customers via email about the changes, which included...
UK financial watchdog restricts Binance partner from issuing crypto ads
10.10.2023
The Financial Conduct Authority's marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance
Binance $1 Billion Industry Recovery Fund Post-FTX Underperforms
10.10.2023
Binance CEO Changpeng Zhao's plan to rescue the cryptocurrency market has fallen short of expectations eleven months after launch.
Since the launch of the Industry Recovery Initiative (IRI), the company has only spent less than $15 million out of an announced $1 billion fund, Bloomberg wrote. ...
Binance freezes Hamas-linked accounts after Israeli request
10.10.2023
The freeze does not affect Binance accounts owned by ordinary Palestinian civilians
Binance's UK Partner Can't Approve Crypto Ads, Regulator Says
10.10.2023
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner
Binance Futures introduces Copy Trading
10.10.2023
Binance Futures has introduced a new feature called Copy Trading. In simple words, copy trading is a method of replicating the trading moves of an expert trader. They may be in the market for the short term or long term, but if users are impressed by their moves and feel that their visions align...
Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report
10.10.2023
Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups
Binance tight-lipped on projects funded by $1B crypto recovery fund
10.10.2023
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited
Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas
10.10.2023
The Israeli police cyber unit have frozen cryptocurrency accounts used by Hamas to raise donations via social media, Jerusalem Post reported.
This action comes as part of a broader effort to curb the flow of funds into the hands of the terrorist organization, especially during times...
Hong Kong Police Issues Warning After Binance Users Lose $450K in Phishing Scams
10.10.2023
The Hong Kong police force has issued an alert after 11 Binance users in the region fell victim to phishing scams, losing over $450,000 combined.
Through its CyberDefender program, Hong Kong police warned that fraudsters impersonating Binance sent texts claiming accounts needed verification...
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
10.10.2023
Hong Kong police have issued a warning concerning a recent Binance phishing scam, targeting Hong Kong users of the platform
Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals
9.10.2023
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: Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO...
BNB Chain-Based Altcoin LSC Faces Rug Pull Draining $1.1 Million, Token Slumps 98%
9.10.2023
Lucky Star Currency (LSC), a Binance Smart Chain-based altcoin token, has reportedly suffered a rug pull, according to blockchain security firm PeckShield.
The developer of the LSC, a relatively new crypto token, has managed to rug pull its users of $1.11 million, crashing the altcoin’s value...
Binance, OKX Adjust Crypto Operations to Comply With UK FCA’s New Regime
9.10.2023
Crypto exchange behemoth Binance has launched a dedicated domain for British users to comply with the UK Financial Conduct Authority's (FCA) new Financial Promotions Regime, effective October 8.
With the new UK domain, – Binance.com/en-GB – the exchange will offer retail users in the UK only...
Binance, OKX to comply with new financial promotions rules in UK
9.10.2023
Crypto firms such as Binance, OKX and MoonPay have announced they've been working to comply with the United Kingdom’s new financial promotion rules
Crypto Cards Still an Option to Spend Digital Cash in Fiat Environment
8.10.2023
Rising regulatory pressures may have limited crypto cards on offer but they remain a viable way to pay with coins where only fiat is accepted. With them, you spend crypto and that’s without the need to exchange it beforehand as it often happens when you want to pay with cryptocurrency in...
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7
7.10.2023
Sam Bankman-Fried trial is underway, Alex Mashinsky trial data is set, and Binance’s market share shrinks
Binance Announces UK Domain Compliant With New Crypto Promotion Rules
7.10.2023
Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto marketing. Binance Marketing...
Binance's Spot Market Share Dips to 34.3% – What's Behind the Decline?
6.10.2023
According to yesterday's report by cryptocurrency data provider CCData, Binance's spot market share has seen a notable decline, falling from 38.5% in August to 34.3% in September. This marks the seventh consecutive month of decreasing spot market share for the world's leading cryptocurrency...