Binance

Binance Ban Sparks Concerns Among Nigerian Crypto Traders
Crypto

Binance Ban Sparks Concerns Among Nigerian Crypto Traders

The recent ban on Binance naira operations has sent shockwaves through Nigeria’s cryptocurrency community. Local stakeholders are expressing deep concern over the potential impact on the livelihoods of many Nigerians. Analysts fear the prohibition could contribute to increased youth unemployment in the country. On the other hand, local stakeholders believe that Binance’s exit from naira-related […]

Mar. 11, 2024
Federal Judge Approved $4.3 Billion Settlement for Binance
Crypto

Federal Judge Approved $4.3 Billion Settlement for Binance

Binance, the world’s largest cryptocurrency exchange, struck a $4.3 billion deal to settle allegations that it violated anti-money laundering and sanctions laws, an agreement approved by a U.S. judge on Friday (Feb 23). JUST IN: Judge fines #Binance $4.3 billion in US plea deal after admitting to money laundering & sanctions violations. — Watcher.Guru (@WatcherGuru) […]

Feb. 26, 2024
Nigeria Crypto Controversy: Adviser Calls for Ban Amid Exchange Allegations
Crypto

Nigeria Crypto Controversy: Adviser Calls for Ban Amid Exchange Allegations

A presidential adviser in Nigeria has ignited controversy by calling for an outright ban on major crypto exchanges like Binance and KuCoin from operating in the country. Bayo Onanuga, an adviser to President Bola Tinubu on information and strategy, took to the social media platform X to level serious allegations against these platforms. The Naira-Dollar […]

Feb. 22, 2024
Binance Enforces More Stringent Policies Against Insider Trading
BNB

Binance Enforces More Stringent Policies Against Insider Trading

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) […]

Feb. 6, 2024
Binance Team Denies KYC Data Leaks on the Dark Web
BNB

Binance Team Denies KYC Data Leaks on the Dark Web

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 […]

Feb. 5, 2024
Binance Asserts GitHub Code Leak as ‘Obsolete,’ Carrying Minimal Risk
Crypto

Binance Asserts GitHub Code Leak as ‘Obsolete,’ Carrying Minimal Risk

Binance has refuted a report claiming that a “highly sensitive” cache of internal passwords and code was exposed for a month on GitHub’s coding site. Reportedly, the company has argued that the outdated code poses only a “negligible risk.” It stressed that the reported exposure did not pose a major risk. Binance’s argued that the […]

Feb. 2, 2024
Binance Holds 43.7% Market Share Despite Regulatory Challenges
Crypto

Binance Holds 43.7% Market Share Despite Regulatory Challenges

Binance maintained the largest centralized exchange (CEX), with a market share of 43.7%, according to data from  CoinGecko. Spot trading volume on Binance soared to $427.1 billion in December 2023, a month-on-month (MoM) hike of 37.5% from the $310.6 billion recorded in November 2023. The research analyzed data from January 1, 2023, to December 31, 2023. It […]

Jan. 31, 2024
BNB Bull Flag & DApp Surge Indicate Price Rebound
BNB

BNB Bull Flag & DApp Surge Indicate Price Rebound

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 […]

Jan. 27, 2024
SEC and Binance Clash Over Evidence Production & Witness Depositions
Crypto

SEC and Binance Clash Over Evidence Production & Witness Depositions

U.S. Securities and Exchange Commission (SEC) and Binance continue to clash over evidence production and witness depositions in the regulator’s lawsuit against the leading cryptocurrency exchange. According to a joint status report submitted on Jan. 25, the regulator claims that BAM Trading Services Inc., the parent corporation of Binance.US, has not fully complied with its […]

Jan. 27, 2024