In a recent development, Binance’s OMNI Launchpool has reported deposits of the FDUSD stablecoin that have surpassed its officially reported total circulation by a significant margin. The platform initially showed deposits totalling $6.37 billion in FDUSD, which sparked intrigue among observers. This is notable, considering the stablecoin’s reported market capitalization is just below $4 billion. […]
Binance, one of the world’s leading cryptocurrency exchanges, announced that Omni Network (OMNI) is the latest project to be added to the Binance Launchpool. Notably, the spotlight shines on Omni Network (OMNI), offering investors a chance to delve into a novel blockchain architecture. Binance introduces the Omni Network (OMNI) Binance Launchpool, the breeding ground for […]
In a significant move that underscores its commitment to fostering innovation in the blockchain space, Binance Labs, the venture capital and incubation arm of the global cryptocurrency exchange Binance, has announced its investment in StakeStone. The strategic partnership marks a pivotal moment for developing omnichain liquidity networks, promising to enhance liquidity distribution across emerging blockchain […]
Binance co-founder He Yi took to the X platform to announce significant company policy changes. These changes specifically address the leakage of coin listing information and insider trading. In a thread, He Yi expressed gratitude to the supporters of Binance while addressing concerns about recent controversies surrounding leaked listing information. 感谢今天所有关心币安,热爱币安,支持币安的朋友们,也收到了很多建议,我都有认真一条条看。过去偶尔有关于币安上币信息泄漏的激烈讨论,通常是一些尚未发布代币的项目,社区为了保持热度过度宣传并不鲜见;但今天RONIN上币公告发布后RONIN价格下跌引发了社区激烈讨论,经过内部调查发现是之前集成公… — Yi He (@heyibinance) […]
Binance has denied any data breach after a report claimed that some of its internal passwords and code had been leaked on GitHub for months. Binance provides multifactor authentication, biometric authentication, and so on to ensure users’ account security is checked. In the latest development, the data dump from the GitHub hack reveals potential threats […]
BNB eyes new year-to-date highs as BNB Chain DApp activity increases and a new Binance incentive program launches. Launching under BNB Chain as the native token, BNB has since Jan 26 began recovering, with prices gaining 3% to reclaim the $300 level. Weak and without much reason, BNB is seeking a recovery for all weak […]
Binance faced the SEC in Washington, DC, for a four-hour hearing on Monday. The exchange sought to dismiss charges made against it, its US sector, and former CEO Changpeng Zhao last summer. The US Securities and Exchange Commission again seeks a federal judge to support its claim to regulate the cryptocurrency industry. Judge’s Controversy & […]
Federal Judge Amy Berman Jackson has ordered a court review to assess whether digital assets, especially those linked to Binance, should be classified as securities. This move suggests a significant legal examination of the regulatory status of such assets within the financial framework. The recent development in the case between the US Securities and Exchange […]
Binance founder Changpeng “CZ” Zhao has seen his wealth balloon just as much as he pleaded guilty to recent U.S. criminal charges and abandoned the CEO position at the cryptocurrency exchange. According to the Bloomberg Billionaires Index, Zhao’s wealth ballooned by over $23 billion in 2023, positioning him as one of the top gainers among […]