Binance Archives - Page 5 of 8

June 29, 2023

Binance Faces Regulatory Roadblocks in Germany

Leading the pack in the world of cryptocurrencies, Binance has hit a speed bump on its journey to “conquer” Europe. The German regulator, BaFin, has taken the wind out of Binance’s sails by denying the company’s application for a crypto custody license. It’s a blow that has left B...

#Binance #CRYPTOCURRENCY #NEWS #Regulation

June 19, 2023

Binance Withdraws Permissions Granted by UK Regulator

Leading cryptocurrency exchange Binance has voluntarily canceled several permissions granted to its UK unit by the UK’s top financial regulator, according to an update on the regulator’s website. The move comes as Binance Markets Limited decided to withdraw permissions for activities it...

#Binance #CRYPTOCURRENCY #MiCA #NEWS #Regulation

June 19, 2023

A Guide to the Top 5 Projects on the Binance Blockchain

BNB blockchain has gone through various rebrandings. It is now made up of two blockchains: BNB Smart Chain (formerly known as Binance Smart Chain) and BNB Beacon Chain (BC). To enable short block times and cheaper costs, BNB Chain employs a proof of staked authority (PoSA) consensus process support...

#.blockchain #Binance #DeFi

June 07, 2023

IOG Responds to SEC’s Claim That Cardano Is a Security

Global blockchain developer Input Output Global (IOG), the company behind Cardano, has firmly fired back at the U.S. Securities and Exchange Commission’s (SEC) recent assertion that ADA qualifies as a security. In a statement released on Wednesday, IOG left no room for doubt, declaring, “Unde...

#ADA #Binance #Cardano #COINBASE #CRYPTOCURRENCY #NEWS #Robinhood #SEC

June 06, 2023

Binance Witnesses Massive Outflows Following SEC Lawsuit

Binance, the world’s leading cryptocurrency exchange, is facing a major challenge as it experiences substantial net outflows triggered by the recent lawsuit filed against it by the United States Securities and Exchange Commission (SEC). Crypto traders are taking swift action, withdrawing thei...

#Binance #BITCOIN #CRYPTOCURRENCY #Ethereum #NEWS

May 31, 2023

Binance Shakes Up Talent Base, Embracing Evolving Crypto Landscape

Binance, the unrivaled titan of cryptocurrency exchanges, is making waves as it reevaluates its talent base, potentially leading to a workforce reduction of approximately 20%. This unexpected move signals a departure from Binance’s previous triumphs, where it defied industry norms by expandin...

#Binance #CRYPTOCURRENCY #NEWS

May 07, 2023

Binance to the Rescue: Temporarily Halts Bitcoin Withdrawals Amid Network Congestion

In a daring move to rescue traders from the clutches of network congestion, Binance, the unrivaled titan of the crypto trading world, has taken a decisive step: temporarily suspending Bitcoin (BTC) withdrawals. The exchange recently tweeted that the reason for this bold maneuver is none other than ...

#Binance #BITCOIN #CRYPTOCURRENCY #NEWS

May 03, 2023

BNB Chain: The Most Active Blockchain in April 2023

Binance’s BNB Chain has established itself as the blockchain of choice for many crypto enthusiasts. According to a recent report by Nansen, the platform has the highest number of active crypto addresses, with over 10.9 million in April. This is a remarkable achievement, given that the platfor...

#Binance #BNB Chain #CRYPTOCURRENCY #NEWS

April 06, 2023

Binance Under Regulatory Scrutiny: Impact on BNB

The recent regulatory scrutiny on Binance, one of the most popular cryptocurrency exchanges, has had a visible impact on the value of BNB, its native currency. BNB, which has had a meteoric rise since December 2022, reaching a high of $345 in March 2023, is now down roughly 10% from its peak. This ...

#Binance #BNB #CFTC #CRYPTOCURRENCY #NEWS