In a distressing turn of events, Twitter user @doomxbt_ recently shared a harrowing experience of being hacked on Binance. The user claimed a sudden and unexplained loss of funds, raising concerns about the efficacy of Binance’s customer support. So, this…
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Binance to Pay $4.3 Billion in Historic US Criminal Penalty Over Sanctions and Anti-Money Laundering Violations
Binance Holdings Ltd., has been directed to pay a substantial $4.3 billion in criminal penalties. This notable ruling, endorsed by US District Judge Richard Jones, represents a significant legal milestone in the United States, revealing the company’s involvement in questionable…
Binance Labs Backs Renzo for DeFi Growth and EigenLayer Adoption
Binance Labs, the renowned venture capital and incubation arm of Binance, has recently made a strategic investment in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. Renzo’s mission is to drive the widespread adoption of EigenLayer, a…
Key Trends in Crypto as per Binance
January 2024 marked a seminal moment in the crypto sphere, predominantly characterized by a subtle yet promising growth. The crypto market’s total capitalization saw a modest uptick of 0.4%, a testament to the sector’s resilience and the groundbreaking launch of…
Steve Christie returns to Binance as Deputy Chief Compliance Officer, highlighting the company’s focus on regulatory compliance.
The rejoining of Steve Christie, the former Senior Vice President of Compliance, to Binance marks a significant milestone in the commitment to regulatory compliance. Steve will be assuming the crucial role of Deputy Chief Compliance Officer (DCCO), succeeding Kristen Hecht,…
Binance Labs Invests in Ethereum Staking and DeFi Innovation – Puffer
In the dynamic landscape of decentralized finance (DeFi), Puffer emerges as a trailblazing protocol, redefining the Ethereum staking arena. This innovative decentralized and permissionless native liquid restaking protocol (nLRP) is engineered to integrate Ethereum liquid staking with EigenLayer’s innovate restaking…
India’s Crackdown on Binance, KuCoin, and Others Removed from Apple Store
Key Highlights: In a recent development, Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex found themselves ousted from Apple’s App Store in India. This removal follows the issuance of compliance show cause notices by the Indian government…
What is a MEME coin? Why did Binance invest in this MEME token?
Imagine a cryptocurrency born not from lofty whitepapers or complex financial algorithms but from the shared laughter of millions of internet users. Enter the realm of meme coins, digital currencies fueled by viral trends, humour, and the unpredictable pulse of…
Binance Contest SEC Lawsuit, Arguing Non-compliance with Howey Test Requirements
In a recent filing, Binance, Binance.US, and their founder Changpeng Zhao (CZ) have strongly contested the U.S. Securities and Exchange Commission’s (SEC) lawsuit, arguing that the regulatory body failed to meet the requirements of the “Howey Test.” The filing, submitted…
Are you a Shiba Inu (SHIB) Holder? This is How You stand a Chance of Winning $500k From Binance
After the recent resignation of Changpeng Zhao from the largest crypto exchange Binance, many things are changing. So, one of them is the creation of their new web3 wallet. However, there’s a new opportunity for users to win $500k worth…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
