Binance Financial News

24.02 / 14:09

Blockchain Provident Binance Strategy Binance faces turbulence in South Korea, how did BNB react?

According to South Korean news outlet Chosun, Binance [BNB] acquired a 50% stake in Gopax, a native crypto exchange, on 23 February. This is part of Binance’s strategy to gain a foothold into South Korea. In addition, Leon Gong, the former Asian Pacific representative of Binance recently took over as Gopax’s new CEO.

24.02 / 12:15

business Binance regulation Trading Derivatives Aussie regulators review Binance Australia Derivatives over account closures

Binance Australia Derivatives sent an abrupt message to a select group of users on Feb. 23, saying it would be immediately closing their accounts due to a false classification of some users as “wholesale clients.”

24.02 / 04:35

Binance Ingenico and Binance team on in-store crypto payment acceptance

Currently, the majority of in-store cryptocurrency payments require an additional device or the execution of an integration by the merchant, say Ingenico.The technology is already being tested in France and, say the partners, is set to be made available in several countries thanks to Binance's regulatory status in places such as Spain, Dubai and Japan.The firms are also developing a crypto-to-fiat payment offering, which will be tested in the second quarter of 2023, so that merchants can be paid in fiat currency.

23.02 / 21:51

Blockchain UPS BTC Binance CryptoQuant Bitcoin Bears Hashrate Bitcoin [BTC]: Why a hashrate hike will favor the bears

A significant drop in Bitcoin’s [BTC] price could be imminent if the hashrate reaches another All-Time High (ATH), a CryptoQuant analystrevealed on 23 February. Analyst Gigisulivan, who is also a macroeconomic specialist, opined that the 16 February ATH only gave a warning sign. Moreover, a repeat of the occurrence could cause a catastrophic outcome for BTC.

23.02 / 19:45

Ethereum Binance CryptoQuant BUSD burn and its Ethereum connection: All you need to know

Issues with the Securities and Exchange Commission have made Binance USD [BUSD] a major topic of conversation. However, despite this, work with the stablecoin proceeded as normal. Inasmuch, the official account of Binance revealed it would burn about $2 billion worth of BUSD on 22 February.

23.02 / 17:27

Binance USDT Paxful Stablecoins at their lowest market cap since 2021: Report

According to a 22 February CryptoCompare report, the total market capitalization of the sector’s stablecoins fell to $136 billion in February. This number was the lowest since September 2021.

23.02 / 16:27

business Binance Derivatives Binance Australia Derivatives reportedly closes accounts and positions for some users

Binance Australia Derivatives users reported abrupt notifications sent by the digital asset platform on Feb. 23, saying it is starting to close certain derivatives positions and accounts.

23.02 / 14:23

UPS Binance Progressive SEC Action Luna Terra Luna Classic Price Prediction as LUNC Turns Green – Here's Where LUNC is Headed Now

The terra luna classic price has risen by 1.5% in the past 24 hours, reaching $0.0001648 as the wider market rises by a similar percentage. It has now fallen by 6% in a week and by 8.5% in the last 30 days, as a mixture of the SEC's actions against Terraform Labs and struggling investor sentiment pulls it down.

23.02 / 14:23

Provident Binance Platform Interface Deal Seal Binance, PoS Giant Ingenico Seal In-store Crypto Pay Deal

The crypto exchange Binance and the French payments provider Ingenico have struck a deal that will let customers pay for goods and services in crypto.

23.02 / 14:15

business Binance regulation SEC security Bankruptcy SEC files objection to Binance US bid for Voyager assets

The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital.

23.02 / 13:03

Blockchain UPS Ethereum Binance Digital Platform Testnet network Aave (AAVE) Launches Native Stablecoin On Ethereum Testnet, Uniswap (UNI) V3 To Deploy On Binance (BNB), TMS Network (TMSN) Set To Explode in Coming Months

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23.02 / 00:03

UPS Target Binance SEC CEO Action SEC Cracks Down on Stablecoins, Targeting Paxos

U.S. regulators may take enforcement action against Paxos Trust Co. over the stablecoin it issued, ramping up a growing crackdown on cryptocurrencies. The Securities and Exchange Commission (SEC)'s decision isn't final, according to the Wall Street Journal. If the SEC does decide to sue Paxos, on the basis that its stablecoins violate laws designed to protect investors, the case would follow another in which the regulator sued Terraform Labs and CEO Do Kwon for a multi-billion dollar fraud involving the algorithmic stablecoin TerraUSD (UST).

22.02 / 17:51

Blockchain UPS Adoption Binance CEO Discover Cointelegraph place Cointelegraph’s Top 100 unveils 3rd place in 2023 ranking

Cointelegraph kicks off the final three spots in its annual Top 100 list, revealing each of the top 3 individually. Taking the No. 3 spot is Binance founder and CEO Changpeng “CZ” Zhao. Zhao leads one of the crypto industry’s largest organizations, Binance — a crypto exchange that has its hand in several other industry endeavors. Zhao took the No. 51 spot on Cointelegraph’s 2022 Top 100 list. The CEO has talked favorably about decentralization, despite Binance being a major player in the centralized crypto exchange space.

22.02 / 15:43

Adoption Binance defi Europe Pilots France pilots in-store crypto payments as Binance partners with Ingenico

The mainstream adoption of crypto and crypto-based services continues, as more companies are bridging traditional financial (TradFi) solutions with decentralized financial (DeFi).

22.02 / 15:25

UPS Twitter Binance Career Remark lawmaker National French Lawmaker Denies He Was Paid to Promote a Crypto Scam in National Assembly

A French lawmaker has been accused of promoting limocoin swap (LMCSWAP), a “suspicious” African crypto project – but denies claims he was paid to talk up the coin in the National Assembly by lobbyists.

22.02 / 15:17

Binance SEC CEO Action BUSD issuer Paxos to have ‘constructive discussions’ with the SEC

Paxos Trust Company, the firm that issued the world’s third largest stablecoin, Binance USD [BUSD], until two weeks ago, has indicated that it may engage in litigation to defend its position on its security status. The firm’s CEO recently wrote to his employees, detailing the ongoing efforts and discussions with the U.S Securities and Exchange Commission and other agencies.

22.02 / 13:39

UPS Twitter Binance Action CoinMarketCap Is whale interest in Cardano [ADA] enough to sustain its bull rally?

Santiment’s report on 21 February revealed that Cardano [ADA] was the recipient of increased interest from whales. This was evident from the whale transaction count, which skyrocketed in February 2023.

22.02 / 12:55

Stablecoin Binance SEC Paxos BUSD Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest

Paxos, a blockchain infrastructure platform and the issuer of Binance’s stablecoin Binance USD (BUSD), is in talks with the U.S. Securities and Exchange Commission over its decision to consider the stablecoin a security.

22.02 / 11:33

BTC Binance Bitcoin FLOKI beats BTC and SHIB in Binance’s list: Decrypting the memecoin’s rise

On 20 February, dog-themed coin Floki [FLOKI] became the most popular crypto asset in the world. Floki surpassed giants like Bitcoin [BTC] and Shiba Inu [SHIB] to grab the first position in Binance’s list of trending cryptocurrencies.

22.02 / 10:37

UPS Provident Binance CEO Platform Binance Launches New Update to Fan Token Platform

Trade in cryptocurrencies Binance has released a new upgrade to its fan token platform. The purpose of this update is to assist sports teams in better engaging with their respective fan bases by providing token holders with a variety of benefits.

22.02 / 00:13

Blockchain Ethereum Binance Assurant Bitcoin Cosmos [ATOM]: Institutional investment drowns as traders eye longs, more inside

Cosmos [ATOM] , whose objectives centered around an interconnected economy of blockchains, were part of the assets that experienced massive institutional outflows over the previous week.

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