Binance Returns to India After Two-Year Ban and Pays $2 Million Penalty

Binance, is making preparations to re-enter the Indian market. Following a temporary ban imposed by the government earlier this year, Binance has taken significant steps to address compliance concerns and rebuild its rapport with Indian authorities. Insider reports indicate that…

StakeStone and Binance Labs Team Up for Omnichain Liquidity Enhancement

StakeStone, the staking protocol, has garnered a strategic investment from Binance Labs, the venture capital and incubation arm of Binance. This partnership marks a significant milestone in the world of decentralized finance, as StakeStone sets out to transform the landscape…

Changpeng Zhao, Previously at Binance, Initiates Innovative Educational Initiative in Crypto Sector

Changpeng Zhao, the visionary founder and former CEO of Binance, has made a significant shift in his professional trajectory with the announcement of an innovative educational project within the cryptocurrency space. This exciting venture comes at a time when Zhao’s…

All the Details Between Binance and the Angry Nigerian Government

One of the major developing stories in the crypto industry is Binance and the Nigerian government. So, two Binance employees received detention upon entering the country’s capital. Apparently, the issue was that Binance was operating illegally in the country. Furthermore,…

Binance support inability to help its customer who was being hacked – Pitiful state in Crypto

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…

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…

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 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…

Philippines Cracks Down on Unlicensed Trading Platforms, Blocks Access to Binance – Here is why?

The Philippines has taken a decisive step in its crackdown on unlicensed online trading platforms by announcing the blocking of access to cryptocurrency giant Binance. The Securities and Exchange Commission (SEC) revealed that Binance was not registered in the country,…