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Despite continued assurances publicly, Binance chief executive Changpeng Zhao admitted in an internal memo that the firm will face headwinds in the coming months, including heightened scrutiny. Binance is the latest crypto giant to be placed in the spotlight…
Binance invites participants to support the crypto industry via a rescue initiative, to which it will initially commit $1 billion. Binance has established the Industry Recovery Initiative (IRI), which includes its own initial commitment of $1 billion,…
Binance has been hit with a hack that resulted in the theft of around $100 million of tokens issued by the crypto giant. $100 to $110 million of Binance Coin has been stolen, according to a spokesperson for Binance-backed BNB Chain. This is likely due to a…
Rising inflation and a strengthening dollar have driven Latin American countries to become market leaders for crypto giant Binance. Now that we are seeing inflation ramping up worldwide, we are seeing that more and more people are seeking cryptocurrency, like…
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million…
Binance has withdrawn an application for a Singapore crypto permit via a local unit, marking an end to its pursuit to be a licensed bourse in the city-state. Binance Singapore has withdrawn the application and will shut down its operations in the city-state…
Binance Asia Services, which operates Binance’s Singapore entity, has taken an 18-percent stake in Hg Exchange (HGX), a Singapore-based private securities exchange. Binance Singapore will work with HGX in enhancing offerings of products and services supported…
Binance has fully reopened withdrawals for cryptocurrency Dogecoin after a technical glitch that led to a heated exchange between founder Changpeng Zhao and Tesla’s Elon Musk. According to a blog post by the crypto giant, the glitch which prevented Dogecoin…
Binance announced a new round of curbs for its Singapore business, restricting crypto trading for users in the city-state. Users in Singapore will no longer be able to deposit fiat money, trade or purchase crypto via Binance.com from October 26, according to…
Cryptocurrency exchange Binance has responded to a warning by Singapore’s regulator by removing some of its offerings in the city-state. Binance will cease Singapore dollar trading pairs and payment options, according to a blog post over the weekend,…
The Monetary Authority of Singapore has ordered crypto giant Binance to halt its services in the city-state over a potential breach of local payment rules. Binance must stop offering services in Singapore, according to a report citing a MAS statement, over a…
The world’s largest crypto exchange Binance said it would no longer allow new users to open futures accounts in Hong Kong, following warnings issued by the city’s regulators. Existing users will have a 90-day period to close their positions, Binance said, and…
Chinese users were reportedly unable to find results for popular cryptocurrency exchanges on major search engines in the country. Keyword searches for trading platforms such as Binance, OKEx and Huobi yielded no results, according to various media outlets.…
Cryptocurrency exchange giant, Binance, has applied for an operating license in Singapore which continues to lure new players following the recent progressive developments in its regulatory regime. Founded in 2017, Binance experienced extremely rapid growth…
About 2,000 people from around the world are expected to attend the inaugural Binance Blockchain Week in Singapore on Jan. 19-22. The conference, which will take place at the Sands Expo and Convention Centre in Marina Bay Sands, is presented by Binance, the…
