Key Highlights In response to swirling speculation about a recently emerged crypto company hastily taking over Binance’s Russian operations. Changpeng “CZ” Zhao, CEO of Binance, has categorically denied any ownership or involvement with CommEX. Binance, the cryptocurrency exchange platform CZ…
Binance Expands with new fiat partners for Eurepoean users for payments, deposits, and withdrawal
Key Highlights: In its quest to elevate cryptocurrency adoption, Binance has embarked on a strategic endeavor to broaden its reach across Europe. This entails forming crucial alliances with new fiat partners to facilitate EUR payments, deposits, and withdrawals. In this…
Why Hackers Favor Binance’s BNB Smart Chain: The Rise of EtherHiding
In the dynamic landscape of cybersecurity, a new and potent menace, known as “EtherHiding,” has surfaced. Despite its misleading name, EtherHiding has minimal connections to the Ethereum blockchain. This cunning attack vector empowers malevolent actors to insidiously embed malicious code…
SBF Lawyers Disgrace Him in Court, Blames CZ Binance and Ex-Girlfriend for FTX Collapse
The FTX collapse was a massive occurrence in the crypto industry. So, the trial is already running, and SBF lawyers are shifting the blame to CZ Binance and Caroline Ellison. Here’s what they said. SBF Lawyers Blame CZ Binance and…
Binance Japan partners with mega-bank MUFJ on stablecoin project
Mitsubishi UFJ Trust and Banking Corporation, Japan’s largest banking group, and Binance Japan, the local arm of the world’s biggest cryptocurrency exchange, have partnered to create fiat-pegged stablecoins. This collaboration utilizes the “Progmat Coin” platform, which is led by Mitsubishi’s…
World’s Largest Crypto Exchange Exits Russia
Binance, the world’s largest crypto exchange, has made a significant move by announcing the sale of its Russian operations and its complete exit from the country. This decision comes in the wake of reports suggesting that the U.S. Justice Department…
What went Wrong With Binance? From a Crypto Giant to Facing Multiple Regulatory Issues
The FTX collapse changed a lot of things for the crypto industry. There was a change in the perception of the crypto industry by both people and the government. So, this mostly led to tight crypto regulations affecting exchanges like…
Binance’s Delisting of Multiple Stablecoins in Light of MiCA Regulation
In light of the upcoming implementation of the Markets in Crypto Assets (MiCA) regulation in the European Union, Binance, one of the leading cryptocurrency exchanges, has raised the possibility of delisting multiple stablecoins from its platform. This move comes as…
Binance’s Founder, CZ, Criticizes Sam Bankman-Fried for Unwise Move of Criticizing Him to US Authorities
Introduction In the fast-paced world of cryptocurrency, few names have gained as much recognition and influence as Changpeng Zhao, commonly known as CZ, the founder of Binance. With a remarkable journey that led him to become one of the richest…
The Departure of Binance.US CEO and Workforce Reduction: Implications for the Crypto Exchange
Introduction In a significant development within the cryptocurrency industry, the CEO of Binance.US has recently stepped down from his position, leading to a 13% reduction in the exchange’s workforce. This unexpected turn of events has sent ripples through the crypto…
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 were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
