Binance Financial News

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The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new blocks if certain conditions are met.

The price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists.

Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.

Billionaire venture capitalist Tim Draper is standing by his Bitcoin (BTC) price prediction of $250,000 per coin - but he’s pushed it forward to 2025.

Crypto investment firm Paradigm has submitted an amicus brief in the ongoing US SEC vs crypto exchange Bittrex case, asserting that the regulator is “wrongfully attempting” to oversee crypto secondary markets.

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Polygon (MATIC) price is up today, mirroring upside moves elsewhere in the cryptocurrency market as traders assess a mix of fundamental factors.

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Dubai-based cryptocurrency exchange BitOasis, which received a minimum viable product (MVP) operational license from the UAE’s crypto regulator in April, is now facing enforcement actions from the authority.

Binance, the world's largest cryptocurrency exchange, is drawing traders in India to buy and sell cryptos on its platform while letting them cut deals in rupees — by either online fund transfers from domestic bank accounts, or using services like G-pay, or even physical delivery of cash. Here's a case where an overseas exchange is offering an 'escrow service' that virtually matches a local buyer and seller in an offshore marketplace though the payment is settled here in INR. The transactions are learnt to have attracted the attention of regulators in India. Technically, Binance may not be breaking any law here as it is not running a rupee bank account but simply acting as a neutral third-party, providing an 'escrow facility' for transfer of cryptocurrencies which are anyway not recognised as legal tender. However, chances are that the local traders, putting in 'advertisements' for buying or selling cryptos on the Binance site, which is replete with Indian log-in names, may be overstepping rules on exchange control and anti-money laundering.

A three-way crypto consolidation play in Canada has been completed with WonderFi, Coinsquare and CoinSmart officially joining forces.

Binance, the world’s largest crypto exchange by market cap, is reportedly attracting traders in India, allowing them to buy and sell cryptos in Indian rupees.

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Bitcoin and crypto stock Coinbase Global have soared on hopes that an exchange-traded fund that holds the digital currency will soon be approved by U.S. regulators. Analysts say that outcome faces long odds.

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Bitcoin (BTC) is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch. 

Bitcoin, Coinbase, Binance and more are all fighting for their lives as the United States Securities and Exchange Commission does everything in its power to eradicate the current cryptocurrency system in the United States and replace it with one it deems more “fair” to the American public.

USD Coin (USDC) issuer Circle has frozen $63 million belonging to three wallet addresses associated with the hack of the cross-chain bridge platform Multichain.

According to  Bloomberg,  South Africa has mandated that all crypto exchanges operating within its borders must secure licenses by the end of the year. The Financial Sector Conduct Authority (FSCA), the country's financial regulator, has already received approximately 20 applications since the licensing process was initiated a few weeks ago.