Binance Archives - Page 7 of 8

November 18, 2022

Binance Called Out for Hypocrisy After Moving Funds from Its Proof-of-Reserve Wallet

The crypto community is criticizing Binance for withdrawing $2.7 billion from their proof-of-reserve wallet. The exchange reacted by stating that the transfer was to a cold wallet for TRX. As soon as the crypto world heard that Binance had transferred $2.7 billion out of its “proof of reserve...

#Binance #CRYPTOCURRENCY #FTX

November 15, 2022

Binance Facing Probe for Its Alleged Role in FTX Meltdown

On Tuesday, the cryptocurrency exchange Binance said that it has agreed to provide the UK Parliament’s Treasury Committee with information regarding the proposed FTX takeover agreement and its decisions to sell its holdings of the FTT coin. The crypto exchange will show up as a witness in the...

#Binance #CRYPTOCURRENCY #FTT #FTX #NEWS

November 09, 2022

Binance Acquires FTX Following Solvency Crisis

Official sources have confirmed that Binance has made an offer to purchase FTX.com for an unknown amount, and following some due diligence procedures, it will formally possess one of its largest exchange rivals. This afternoon, FTX asked for our help. There is a significant liquidity crunch. To pro...

#Bankman-Fried #Binance #CRYPTOCURRENCY #CZ #FTT #FTX #NEWS

October 24, 2022

Hacker Who Exploited Binance’s Cross-Chain Bridge To Get Identified Soon: CZ

The hacker(s) responsible for the $570 million exploit on Binance’s cross-chain bridge, BSC Token Hub, earlier this month is about to be identified. Changpeng “CZ” Zhao, CEO of Binance, stated in a recent interview with CNBC’s “Squawk Box Europe” that the company...

#Binance #CRYPTOCURRENCY #hack #NEWS

September 28, 2022

Is Binance Planning on Reentering the Japanese Market?

Behemoth cryptocurrency exchange Binance is reportedly looking to get back into the Japanese market four years after leaving the country, according to a report by Bloomberg on September 26. Sources familiar with the matter told Bloomberg that the main reasons Binance is looking to regain its licens...

#Binance #Binance Coin #CRYPTOCURRENCY #Japan #NEWS #TechnicalAnalysis

September 21, 2022

Binance to Open New Offices in Brazil

Behemoth cryptocurrency exchange Binance has announced plans to open two new offices in Brazil, located in Rio de Janeiro and Sao Paolo. Binance has been the target of compliance scrutiny in the past and is taking no chances with its new venture into Brazil. As such, the crypto exchange announced t...

#Binance #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

August 12, 2022

Binance Captures Stolen Funds From Curve Exploit

Binance has recovered a huge chunk of the stolen funds from the Curve exploit, according to a tweet from Changpeng Zhao, the CEO of Binance. CZ explained that about $450K, which constituted 83% of the loot, was frozen after the hacker transferred the funds to the exchange. The Binance chief further...

#Binance #Binance Coin #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

June 01, 2022

Binance Completes First Phase of LUNA 2.0 Airdrop to Users

Binance officially announced the listing and distribution (Airdrop) of new Terra 2.0 (LUNA) tokens, according to a memo published by the behemoth cryptocurrency exchange. Binance has been a solid supporter of Terra and its tokens since the early days of the company through the unfortunate meltdown ...

#Binance #CRYPTOCURRENCY #LUNA #NEWS #Terra

April 11, 2022

Binance Secures Permanent Broker-Dealer Licensing in Abu Dhabi Amid Sharp BNB Decline

Only a few weeks after getting a limited crypto-asset license in Dubai, behemoth cryptocurrency exchange Binance has now secured an In-Principle Approval from the Financial Services Permission of Abu Dhabi Global Market (ADGM). This allows the leading exchange to carry out broker-dealer obligations...

#Binance #BNB #CRYPTOCURRENCY #NEWS #TechnicalAnalysis