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Binance's Asia-Pacific Head Departs Amidst Market Share Decline and Regulatory Pressures
1.9.2023
According to Bloomberg's sources, Leon Foong, who served as the head of Binance Asia-Pacific, is leaving his position at the world's largest cryptocurrency exchange.
Foong was crucial in Binance's growth in South Korea, Thailand, and Japan. While an official announcement is pending, insiders have...
Binance to Gradually Phase Out Support for BUSD Stablecoin
31.8.2023
The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance...
Introducing ColLabs: A Web3 Investment Community by Binance Labs
31.8.2023
Binance Labs, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage...
Bloomberg Report: Binance Japan plans to increase number of listed tokens to 100
31.8.2023
According to a Bloomberg report, Binance Japan, the Japanese arm of the world's largest crypto exchange, which recently launched full services, now plans to significantly expand its token offerings, aiming to present a minimum of 100 tokens soon. This intended increase is approximately three times...
Chino emphasizes the road ahead for Binance Japan
31.8.2023
Takeshi Chino, the representative for Binance Japan, has said that there is a need to expand the offerings of the venture in the region. It currently offers spot trading and lending of crypto assets. However, the global arms, if looked at, have a broader offering on the list. Services of Binance...
Binance Finds Way to Serve Belgian Users After Cease Order
31.8.2023
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...
Binance to 'Gradually' End Support for BUSD Products
31.8.2023
Binance pushes new stablecoin as it confirms plan to cease BUSD support
31.8.2023
Paxos has earlier said it will halt support of Binance's stablecoin by February 2024, now the exchange has said it will also stop support by that time
Binance scouts art for Pierre Gasly’s F1 helmet at Abu Dhabi GP
31.8.2023
Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork of Gasly, who won the 2020 Italian Grand Prix
Binance to Drop Support for BUSD Stablecoin by 2024
31.8.2023
Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.
In a Wednesday blog post, the company revealed that Binance Margin will suspend...
Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
30.8.2023
Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale's victory over the SEC
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
30.8.2023
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea
Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken
30.8.2023
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: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks
30.8.2023
Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit...
Binance Mulls Leaving Russia, Limits Options for Russian Users
30.8.2023
Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options...
Binance launches crypto-to-bank account payment product in Latin America
30.8.2023
Binance's Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia
SEC’s ‘Secret’ Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official
30.8.2023
The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal investigation against the crypto exchange. He stressed...
Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries
30.8.2023
Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.
In its statement on Tuesday, Binance ‘Send Cash’ will enable...
Binance Delists Banco de Venezuela From P2P Payment Service: What’s Going On?
29.8.2023
Binance, the largest cryptocurrency exchange has removed Banco de Venezuela as a payment option in its peer-to-peer services in the country.
Although no official statement has been issued by Binance, the move comes on the back of international sanctions from the United States Treasury...
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August
29.8.2023
August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners...