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Showing posts with the label Binance

Senators Demand DOJ Probe into Trump-Binance Crypto Ties

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Senators Demand DOJ Probe into Trump-Binance Crypto Ties A coalition of Democratic senators has formally requested the U.S. Department of Justice (DOJ) and the Treasury Department to investigate potential conflicts of interest stemming from President Donald Trump's cryptocurrency ventures, particularly those involving Binance, a leading global crypto exchange. This inquiry follows the Senate's failure to advance the GENIUS Act, a bill aimed at regulating stablecoins. In a letter dated May 9, Senato... Senators Demand DOJ Probe into Trump-Binance Crypto Ties Coinatory

Binance Eyes U.S. Return Through Trump Family Partnership

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Binance Eyes U.S. Return Through Trump Family Partnership Binance, the world’s largest cryptocurrency exchange, is actively preparing for a return to the United States, leveraging its growing relationship with the Trump family to navigate regulatory hurdles and strategic business opportunities. In March, Binance executives, including CEO Richard Teng and Chief Legal Officer Eleanor Hughes, met with officials at the U.S. Treasury Department. The objective: to request the removal or easing of a court-... crypto news today

Top Centralized Crypto Exchanges by Weekly Trading Volume in April 2025

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Top Centralized Crypto Exchanges by Weekly Trading Volume in April 2025 Centralized crypto exchanges (CEXs) saw a high volume of trading activity in April 2025, highlighting their crucial function in the ecosystem of digital assets. According to Phoenix Group, Binance continued to dominate the market with a significant weekly trading volume of $94.8 billion and a 24-hour volume of $23.42 billion. ​ With a 24-hour trading volume of $4.41 billion and a 7-day trading volume of $27.0 billion, Gate.io took second... Coinatory cryptonews

MEW Token Jumps 20% After Binance Alpha Listing

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MEW Token Jumps 20% After Binance Alpha Listing The cryptocurrency "Cat in a Dog's World" (MEW) surged nearly 20% following its listing on Binance Alpha, a platform within the Binance ecosystem tailored for showcasing early-stage and experimental tokens. This strategic exposure has significantly boosted MEW's visibility, liquidity, and market traction. On April 2, MEW touched an intraday high of $0.003118—its highest level in six weeks—representing a gain of roughly 40% from its weekly low... cryptocurrency news Coinatory

Binance Bridges Centralized and Decentralized Trading with New CEX-to-DEX Feature

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Binance Bridges Centralized and Decentralized Trading with New CEX-to-DEX Feature Binance, a leading cryptocurrency exchange, has launched a new functionality enabling direct trades from its centralized exchange (CEX) to decentralized exchanges (DEXs). This feature allows users to execute DEX trades using funds held in their Binance wallets, eliminating the need for manual asset transfers or complex bridging processes. Through this integration, users can transact with stablecoins such as Circle’s USDC to acquire tokens acr... crypto news

Binance's 'Vote to Delist' Spurs Ethereum Delisting Rumors; CZ Responds​

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Binance's 'Vote to Delist' Spurs Ethereum Delisting Rumors; CZ Responds​ Recently, Binance, the leading cryptocurrency exchange in the world, launched two community-driven projects called "Vote to List" and "Vote to Delist." By taking part in the listing and delisting procedures, these tools enable users to have an impact on the token offerings on the platform. ​ After these capabilities were revealed, there were baseless accusations that Binance planned to remove Ethereum (ETH) from its centralized exchange.... Coinatory crypto news

CZ Cracks Down on YZi Labs Staff Amidst Pump.fun Hack Fallout

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CZ Cracks Down on YZi Labs Staff Amidst Pump.fun Hack Fallout Changpeng Zhao (CZ), former CEO of Binance, has issued a stern warning regarding hacked accounts promoting cryptocurrencies and clarified that YZi Labs employees found endorsing tokens will be fired immediately. In a recent post, CZ highlighted a suspicious account promoting meme coins, suspecting it had been compromised. He shared a screenshot of the account, belonging to a trader known as a Binance supporter, which had abruptly begun promot... cryptocurrency news Coinatory

Binance Co-Founder CZ Denies Crypto Exchange Sale Rumors

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Binance Co-Founder CZ Denies Crypto Exchange Sale Rumors Changpeng Zhao (CZ), a co-founder of Binance, has refuted rumors that the cryptocurrency exchange is up for sale, calling them false information from a rival. Zhao refuted the allegations on February 17 on X (previously Twitter), writing: "Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale." Binance is not for sale as a shareholder. Yi He, the Chief Customer Service Officer and co-founder of Binance, echoed h... cryptonews

Can India Shape Global Crypto Regulation in 2025? Binance Bets on It

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Can India Shape Global Crypto Regulation in 2025? Binance Bets on It India is becoming a major force in the global cryptocurrency regulatory scene, and Binance is hopeful that the nation will take the lead by 2025. In order to promote confidence and innovation in the industry, Vishal Sacheendran, Head of Regional Markets at Binance, underlined the vital necessity of clear and forward-thinking legislation. "We hope that India will lead the way in creating comprehensive and forward-thinking crypto regulat... Can India Shape Global Crypto Regulation in 2025? Binance Bets on It

Usual Secures $10M Series A Funding Led by Binance Labs

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Usual Secures $10M Series A Funding Led by Binance Labs Usual Completes $10 Million Series A Funding On December 23, Usual, a decentralized stablecoin issuer with a focus on real-world assets (RWA), announced the successful completion of a $10 million Series A funding round. The round was led by Binance Labs and Kraken Ventures, with additional investments from prominent venture capital platforms including Amber Group, OKX Ventures, Wintermute, and Galaxy Digital. As Usual advances its mission ... Coinatory news

Fartcoin Hits $1B Market Cap as Binance Futures Listing Fuels Rally

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Fartcoin Hits $1B Market Cap as Binance Futures Listing Fuels Rally The meme coin that is popular on Solana, Fartcoin (FARTCOIN), has reached previously unheard-of heights. Following a rally that saw its price rocket to an all-time high of $1.30 on December 20, the token's market capitalization reached $1 billion. The launch of Fartcoin perpetual contracts by Binance Futures, which provide up to 75x leverage, coincides with this astounding increase. Fartcoin has risen by 50% in the last week and by an incredi... cryptocurrency news

Binance Honored by Hong Kong Police for Role in Multi-Million-Dollar Fraud Bust

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Binance Honored by Hong Kong Police for Role in Multi-Million-Dollar Fraud Bust In a significant milestone for public-private collaboration, the Hong Kong Police Force commended Binance, the world’s leading cryptocurrency exchange, for its instrumental role in dismantling a sophisticated criminal syndicate engaged in multi-million-dollar fraud and money laundering schemes involving virtual assets. Representing Binance, Nils Andersen-Röed, Global Head of the Financial Intelligence Unit (FIU), accepted the award and a form... cryptonews

Binance Launches BFUSD Stablecoin with 19.55% APY

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Binance Launches BFUSD Stablecoin with 19.55% APY Binance has unveiled a new stablecoin, BFUSD, promising an attractive annual percentage yield (APY) of 19.55%. The platform targets crypto users seeking high-yield passive income opportunities, positioning BFUSD as an innovative solution in the stablecoin sector. Key Features of BFUSD Capped Supply: The total issuance of BFUSD is limited to 20 million tokens, ensuring scarcity. Collateralization: The stablecoin boasts a collateralizati... cryptocurrency news

FTX Sues Binance and CZ for $1.8B Over Alleged Fraudulent Transfer

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FTX Sues Binance and CZ for $1.8B Over Alleged Fraudulent Transfer FTX has filed a lawsuit against Binance Holdings and its former CEO Changpeng Zhao, known as CZ, seeking $1.76 billion over a controversial share repurchase deal allegedly arranged by FTX’s Sam Bankman-Fried in July 2021. According to Bloomberg, the deal involved Bankman-Fried selling approximately 20% of FTX’s international shares and 18.4% of its U.S.-based branch stakes to Binance, funded largely by FTX’s FTT tokens and Binance-issued BUSD an... cryptonews

Binance Bets on Thailand Amid Crypto-Friendly Regulations

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Binance Bets on Thailand Amid Crypto-Friendly Regulations Binance is prioritizing Thailand as a key market in its drive to bring cryptocurrency to a global audience of one billion, capitalizing on the country’s progressive regulatory environment. According to The Bangkok Post, Binance’s chief marketing officer Rachel Conlan views Thailand’s regulatory climate as one of the most supportive globally, positioning the nation among the company’s top 20 markets worldwide. Conlan highlighted the country’s ... Binance Bets on Thailand Amid Crypto-Friendly Regulations

Two Leading Crypto Exchanges Drive Bitcoin Reserve Growth Post-FTX Collapse

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Two Leading Crypto Exchanges Drive Bitcoin Reserve Growth Post-FTX Collapse The collapse of FTX in November 2022 underscored the critical need for transparency and stringent asset monitoring in the cryptocurrency sector. This high-profile event marked a turning point, prompting leading crypto exchanges to disclose more details on their reserves and user fund management strategies. As November 6th approaches, the two-year anniversary of FTX’s downfall, data reveals that among major exchanges, only Bitfinex and Binance... Coinatory crypto news

Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals

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Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals Former Binance CEO Changpeng Zhao, also known as "CZ," recently offered rare insights into his personal experiences, his relationship with Binance, and his plans for the future at the Binance Blockchain Week conference. Following his resignation as Binance's chief executive under a plea agreement with U.S. authorities, Zhao spoke openly about his time in prison and his next steps. In an interview on the Wu Blockchain podcast, Zhao revealed th... Changpeng Zhao Outlines Vision Beyond Binance and New Crypto Goals

BlackRock Pushes to Position BUIDL Token as Collateral in Crypto Derivatives Market

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BlackRock Pushes to Position BUIDL Token as Collateral in Crypto Derivatives Market BlackRock is reportedly exploring ways to introduce its digital money-market token, BUIDL, as collateral in cryptocurrency derivatives trading. According to sources cited by Bloomberg, the asset management giant is currently in discussions with leading crypto exchanges, including Binance, OKX, and Deribit, to enable the use of BUIDL in this capacity. BUIDL is a token specifically designed for qualified institutional investors, with a minimum ... cryptonews

Binance, Indian Police Bust $100K Renewable Energy Scam Involving USDT

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Binance, Indian Police Bust $100K Renewable Energy Scam Involving USDT Binance and Delhi Police have jointly dismantled a $100,000 scam that exploited India’s renewable energy initiatives to deceive investors. The scam, orchestrated by a fraudulent entity named “M/s Goldcoat Solar,” falsely claimed ties to the Ministry of Power, promising high returns through participation in solar energy expansion projects aimed at achieving 450 gigawatts of capacity by 2030. According to a report from Inc42, the scheme leverag... Binance, Indian Police Bust $100K Renewable Energy Scam Involving USDT Coinatory

Nigerian Court Rejects Binance Exec’s Health Bail Amid Money Laundering Case

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Nigerian Court Rejects Binance Exec’s Health Bail Amid Money Laundering Case A Nigerian court has denied the bail application of Binance executive Tigran Gambaryan, who faces charges of money laundering and currency manipulation, despite growing concerns over his deteriorating health. On Friday, October 11, the court dismissed the request for medical bail, according to Bloomberg, but instructed prison authorities to ensure Gambaryan receives hospital treatment. The U.S. executive’s legal team has repeatedly raised ala... cryptocurrency news