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Binance
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Executive Moves
Former Regulatory Executive Replaces Changpeng Zhao as Binance CEO
2023-11-22T01:31:16.504+02:00
Zhao stepped down as he pleaded guilty to US money laundering charges.
In the last two years, Richard Teng has overseen many regional operations of Binance.
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Executives
Binance CEO Changpeng Zhao to Step Down in $4B DOJ Settlement: Report
2023-11-21T20:07:11.172+02:00
Zhao has admitted to breaching anti-money laundering laws in the US.
The allegations involve permitting sanctioned individuals to trade on Binance.
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CryptoCurrency
DoJ Seeks $4 Billion from Binance; CEO Zhao Might Face Criminal Charges
2023-11-21T09:57:52.503+02:00
The penalty is to settle a year-long investigation against the exchange.
Binance is also fighting civil lawsuits against two US financial market regulators.
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CryptoCurrency
"Uptober" Takes Crypto Exchanges to New Heights: Best in 4 Years
2023-11-17T13:00:55.386+02:00
Crypto exchanges reported an impressive recovery in October 2023.
Binance remains the biggest platform, while ByBit jumps to the third spot.
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CryptoCurrency
Binance and Gulf Energy Forge Partnership for Thailand Crypto Exchange Launch
2023-11-16T12:46:22.627+02:00
The collaboration aims to start an exchange with an invitation-only phase, aiming for a public launch in early 2024.
Sarath Ratanavadi, the CEO of Gulf Energy, ranks as the country's second wealthiest individual.
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Thought Leaders
Binance Sunsets Its European Visa Card as Bybit Expands Its Own
2023-11-13T11:08:44.030+02:00
Crypto debit cards have become popular among holders of digital assets.
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CryptoCurrency
Binance to Cease Russian Ruble Deposits and Withdrawals in Exit Strategy
2023-11-10T19:58:19.383+02:00
The firm intends to discontinue RUB withdrawals as of January 31.
Users have the choice to transfer their funds to CommEX.
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CryptoCurrency
Binance's Web3 Wallet: Is Multi-Party Computation the Solution?
2023-11-08T18:01:22.766+02:00
A game changer in the face of increasing crypto scams.
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CryptoCurrency
Binance and Trust Wallet Join Forces: Launching Web3 Wallet
2023-11-08T11:53:12.847+02:00
The wallet allows users to explore the Web3 universe and swap tokens across different networks.
Private keys are split into key-shares and stored in three different locations, reducing the risk.
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CryptoCurrency
Market Share Shake-Up: Binance's Spot Trading Slips to 40%
2023-11-07T12:20:36.908+02:00
The exchange's spot trading market share has fallen by one-third in the past year.
Bybit, Bitget, and MEXC rank as second-tier exchanges, holding 42.3% of the market share.
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CryptoCurrency
Binance's Market Share Slips: From 62% to 51% amidst Regulatory Pressure
2023-10-27T10:49:56.666+02:00
Founder Changpeng Zhao lost $11.9 billion as the revenue estimate was slashed.
The turbulent path for Binance involves various regulatory challenges.
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CryptoCurrency
Observing Binance's Involvement: The Future of HKVAEX
2023-10-25T09:51:56.827+02:00
HKVAEX aims to secure a license in the midst of Hong Kong's push for crypto regulations.
Hong Kong is experiencing a growing crypto landscape.
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CryptoCurrency
Binance Faces Ongoing Exodus of Key Executives, UK CEO Departs
2023-10-24T15:51:31.500+02:00
This move underscores the ongoing crypto regulatory pressure in the UK.
Farnell joined Binance in 2021 and assumed the role of CEO of Eqonex.
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Trending
Chase UK and Binance Impacted by UK Crypto Shakeup
2023-10-24T12:12:11.826+02:00
It’s a tough time for UK crypto investors.
The moves come in light of new UK regulations.
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CryptoCurrency
September Marks the Worst Month in NFT History. The Industry Loses Buyers
2023-10-23T11:06:13.872+02:00
NFT sales in Q3 2023 plummeted to their lowest since Q4 2020, with September marking the worst month on record.
Despite the overall decline, Ethereum and Immutable X see a rise in market share.
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CryptoCurrency
Binance Visa Debit Card Services to End in Europe by December
2023-10-20T23:45:37.725+02:00
The card services will be suspended in the EEA on December 20.
Binance Visa Debit Card issuer plans to halt its support for the exchange.
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CryptoCurrency
Binance Restores EUR Services: Partners with Fiat Payment Providers
2023-10-20T09:58:59.204+02:00
The exchange said it has partnered with multiple payment providers in Europe.
Earlier, Paysafe terminated its contract with the exchange.
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Executives
A Growing List of Departing Binance Executives: Cabossioras Joins the Roster
2023-10-19T15:19:37.679+02:00
Binance France's president has confirmed Stéphanie Cabossioras' departure.
The exchange's regular operations remain unaffected.
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CryptoCurrency
Binance.US Stops Direct Dollar Withdrawals amid Regulatory Pressure
2023-10-17T18:03:50.346+02:00
Users must convert their USD to stablecoins or digital assets to withdraw funds.
Binance.US no longer offers FDIC insurance protection for USD deposits.
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CryptoCurrency
Is Binance to Blame for the Collapse of FTX?
2023-10-17T14:06:25.151+02:00
Unraveling the crypto domino effect.
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CryptoCurrency
Binance Pauses New User Registrations in the UK to Meet Ad Regulations
2023-10-16T22:31:44.847+02:00
The crypto exchange is collaborating with the FCA amid ad approval issues.
Existing users can access Binance's services but not new products.
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Binance Square: From Feed to Crypto Social Networking Platform
2023-10-12T15:39:17.030+02:00
The crypto exchange is giving users a chance to share a reward of 10,000 USDT.
Binance Square aims to connect crypto users with the latest Web3 trends.
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News
Binance's Innovative STP Feature: Keeping Self-Trades in Check
2023-10-11T15:51:20.011+02:00
STP functionality will play a crucial role in preventing unnecessary fees.
Tools and measures are in place to track and investigate market manipulation.
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CryptoCurrency
Binance Faces Regulatory Hurdles in Meeting UK Crypto Ad Rules
2023-10-10T18:49:00.752+02:00
Rebuildingsociety.com can't approve crypto ads due to regulatory restrictions.
Binance had partnered with the company to comply with FCA's new regulations.
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CryptoCurrency
Israel Strikes on Hamas' Financial Backbone: Seizes Crypto Donations
2023-10-10T10:39:28.946+02:00
Hamas launched a fundraising campaign after it attacked Israel.
The cyber unit of Israel seized Hamas-linked Binance accounts.
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