Binance

Binance, the world’s largest cryptocurrency exchange, has terminated support for Russian Ruble (RUB) (P2P) trading pairs, including popular cryptocurrencies like Bitcoin and Ethereum. This move, disclosed on December 11, comes after Binance agreed to offload its recently established business operations in Russia to CommEx, a strategic decision influenced by mounting regulatory pressures. The official announcement […]

Binance, one of the leading global crypto exchanges, is currently navigating legal challenges. Despite the hurdles, market analyst Ali believes it can bear this storm even better. However, investors should watch for BinanceCoin (BNB) as the cryptocurrency experiences a descending triangle in its weekly chart, indicating a change in market dynamics. Crypto analyst Ali has […]

Pro-soccer star Cristiano Ronaldo is facing a proposed class-action lawsuit from plaintiffs claiming they suffered financial losses due to Ronaldo’s involvement in promoting the crypto exchange Binance, which is currently facing legal issues. A Nov. 27 filing to a United States district court in Florida claimed that Ronaldo aided in the promotion and sale of […]

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 […]