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Binance

Binance Implements Price Cap on USDT Trading in Nigeria Amid Regulatory Pressure

In response to regulatory pressure from Nigerian authorities, Binance, one of the world’s leading cryptocurrency exchanges, has enforced a limit on the selling price of Tether (USDT) tokens on its...
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Binance Freezes $4.2 Million in XRP Following $112 Million Ripple Wallet Hack

In a significant security incident that unfolded on January 31, 2024, Binance, one of the leading cryptocurrency exchanges, has taken swift action by freezing $4.2 million worth of XRP linked...
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Former Binance CEO Changpeng Zhao’s Bid to Use $4.5 Billion Stake as Security for UAE Trip Denied by Federal Prosecutors

Binance’s Former CEO, Changpeng Zhao, sought approval to use his multibillion-dollar stake in Binance.US as collateral for temporary travel to the United Arab Emirates, as revealed in a recently unsealed...
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Indian Government Seeks Ban on Major Crypto Exchanges, Including Binance and Kraken

The crypto industry faces another blow as India’s Financial Intelligence Unit (FIU) aims to ban nine prominent exchanges within the country. The list includes industry giants like Binance and Kraken,...
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U.S. Court Finalizes Binance’s $2.7 Billion Settlement with CFTC

In a significant legal development, the U.S. District Court for the Northern District of Illinois has officially greenlit the settlement agreement between cryptocurrency exchange giant Binance and the Commodity Futures...
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Regulatory Spotlight Intensifies on Binance in Dubai Amid Legal Woes and VARA Scrutiny

In the midst of escalating challenges for Binance, the leading cryptocurrency exchange, regulatory scrutiny has heightened with Dubai’s Virtual Asset Regulator, VARA, closely monitoring its activities following recent legal entanglements....
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Coinbase CEO Optimistic about Crypto’s Future Post-Historic Binance Settlement

In a recent interview with CNBC, Coinbase CEO Brian Armstrong shared his positive outlook on the future of the cryptocurrency industry following the landmark $4 billion settlement imposed on Binance...
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Binance’s CZ Opposes US Government’s Bid to Block Return to UAE Amid Sentencing Wait

Former Binance CEO Changpeng “CZ” Zhao finds himself entangled in a legal tussle as he opposes the United States government’s efforts to prevent his return to the United Arab Emirates...
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Battle of Titans: Binance CEO Declines $40 Million FTX Offer for Groundbreaking Futures Exchange

In an intriguing revelation, it has been reported that Binance CEO, Changpeng Zhao (CZ), turned down a $40 million proposition from former FTX CEO, Sam Bankman Fried (SBF), for a...
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Nigerian SEC Cracks Down on Binance: Warns Investors Against Unlicensed Crypto Operations

(Image credits:Vanguardnews) In a recent development, the Nigerian Securities and Exchange Commission (SEC) has cautioned local investors against using Binance, one of the world’s largest crypto exchanges. The SEC’s warning,...
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