Crypto businesses experienced a tumultuous week: Binance Connect suddenly went offline, Prime Trust began shutting its doors, and PayPal announced a Crypto Hub. In a rapidly changing industry, the future of crypto remains uncertain.
Binance, the world’s largest cryptocurrency exchange, is reportedly applying for Anti-Money Laundering (AML) compliance in Taiwan, according to local media. The move is expected to bring increased regulatory oversight to the exchange.
Binance Labs has committed 10 million USD to back Helio Protocol’s groundbreaking decentralized finance (DeFi) project, aimed to revolutionize the way we manage and use financial services. This investment marks an important milestone in the DeFi movement.
Binance CEO Changpeng Zhao has confirmed that a recent coding vulnerability was discovered and fixed in popular cryptocurrency exchange BitForge. Funds were safe at all times, according to Zhao, who reassured users that their money was secure.
🇸🇻 ICYMI: Binance has been granted both Bitcoin Services Provider license and the first non-provisional Digital Assets Services Provider license in El Salvador. This makes it the first fully licensed exchange in the country 👀
Binance saw its venture capital arm dominate last week’s crypto funding rounds, as the exchange is facing intense scrutiny from global regulators. Despite this, Binance’s VC fund has invested over $500M in cryptocurrency-related startups since 2018.
Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance, has warned crypto traders of the growing danger of “Mirrored Address” scams, advising them to exercise caution while sending funds.
New data suggests Chinese traders are dominating the crypto market, with Binance registering a record-breaking $90 billion in daily volume despite the country’s ban on digital currency trading.
Prosecutors fear that the recent indictment of Binance could spark a similar run on the cryptocurrency exchange FTX as seen in June 2020. The indictment of Binance, one of the world’s largest cryptocurrency exchanges, has […]
Binance, one of the world’s leading cryptocurrency exchanges, has announced the listing of 34 new cryptocurrencies on its new platform in Japan. Starting on June 4, customers will be able to buy, sell, and trade a variety of tokens, including Ethereum, Bitcoin Cash, and more.