Binance

The Binance settlement, according to adjunct professor Omid Malekan of Columbia Business School, demonstrates the unclear handling of banks and cryptocurrency companies. The United States’ crackdown on cryptocurrency businesses has sparked disagreement, and developments related to Binance have sparked significant debate about the future of cryptocurrency regulation. Omid Malekan, an adjunct professor at CBS and […]

Recent moves by the largest cryptocurrency exchange, Binance, to remove several bitcoin-Ethereum pairings have caused a stir as they are under more regulatory scrutiny. The move is meant to address legal obstacles that have been affecting the digital assets industry with effect from Nov. 28. Binance announced the delisting of Bitcoin and Ethereum cross-margin and […]

The Binance CEO, Changpeng Zhao, got out on bail for $175M. He might spend 18 months in jail for mone­y laundering. They will review his case­ by November 27. Changpeng Zhao said he was guilty in a Se­attle court. So, they let him out on a $175 million bail. Changpeng Zhao is the­ man who […]

Formerly, Changpeng Zhao resigned and admitted before federal charges. His successor was none other than the  CEO of Abu Dhabi Global Market, known as Richard Teng. More importantly, Teng is well experienced, being a Chief executive officer of the financial services authority of Abu Dhabi and Director of corporate finance at the Monetary Authority of […]

Bitcoin transaction costs have jumpe­d higher than Ethereum’s due­ to a revived intere­st in Ordinals-coded properties. Daily fe­es for Bitcoin transactions have surpassed those­ of Ethereum due to an uptick of Ordinals-linke­d hustle on the Bitcoin network. As of November 20, the­ ordinary daily fee for a Bitcoin transaction was pinned at $10.34. In contrast, […]

Binance is set to publicly launch a cryptocurrency exchange in Thailand early next year through a joint venture with Gulf Energy Development, a major energy company in the region. Gulf Energy filed a report with the Stock Exchange of Thailand on Wednesday, stating that Gulf Binance Co. — the joint venture set up by Binance […]

The popular crypto platform Binance will stop accepting Russian rubles. Formally, local currency is ending on November 15, 2023. Indeed, this concurs with Binace’s strategy of exiting the Russian market. In September, it will sell its Russian business to CommEx and subsequently move on to Stage Two. It means that since Friday, Binance notified its […]

Binance, a le­ading cryptocurrency exchange, is ste­pping into the world of decentralize­d finance (DeFi) with its Web3 walle­t. They shared this news during the­ir Blockchain Week confere­nce in Istanbul. Meet the brand new #Binance Web3 Wallet! Simple, convenient and secure. Discover more 👇 — Binance (@binance) November 8, 2023 The Wallet We­b3 aims to provide […]

Gabor Gurbac says that CME could soon take one of the largest open interest positions in Bitcoin futures. This would place them next to the leading cryptocurrency exchange, Binance. As reported by Gurbac, “CME is about to turn Binance into the second largest exchange in terms of BTC futures open interest. Using a series of […]