Binance Financial News

21.03 / 09:09

Ethereum Binance As countdown for ARB begins, Arbitrum outshines BNB Chain on this front

Arbitrum’s [ARB] decentralized exchange (DEX) volume went past $4 billion over the last seven days, logging its best weekly performance ever. In fact, this was the second consecutive weekly all-time high recorded by the layer-2 rollup.

21.03 / 00:41

COST UPS Binance CoinMarketCap Chainlink [LINK] initiates new bull cycle: All you need to know

At press time, Chainlink [LINK] appeared poised for a rally in the coming days, as an assessment of price movements on the daily chart revealed an increase in buying momentum.

20.03 / 23:33

Binance European Union Banks Congress Court Silicon Valley In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. SVB Financial Group has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court. The company is no longer affiliated with Silicon Valley Bank, which operates under the jurisdiction of the Federal Deposit Insurance Corporation (FDIC) and is not included in the Chapter 11 filing. Meanwhile, the United Kingdom arm of the bank was acquired by HSBC for 1 British pound.

20.03 / 23:03

Blockchain Provident BTC BLOCK Binance Digital Bitcoin week Cryptocurrencies To Watch: Week of March 20

The cryptocurrency market experienced a sudden surge in value over the last week, after an extended rough period. The current turmoil in the bank sector appears to have given a boost to the crypto market, especially Bitcoin, as some investors opt for digital assets for diversification.

20.03 / 20:45

Binance CEO Strategy Senators Binance responds to US senators' request

Binance, one of the world's largest cryptocurrency exchanges, has responded to a letter from US senators sent on March 2nd, which raised concerns about the exchange's activities and requested financial data. The senators, led by Elizabeth Warren, claimed that there is evidence that Binance and its American arm attempted to evade US regulators, evade sanctions and facilitated the laundering of at least $10 billion. They requested «all Binance and Binance subsidiary balance sheets from 2017 to the present,» as well as Anti-Money Laundering and similar policies, and documents about the relationship between Binance and Binance.US.

20.03 / 20:45

Ethereum Binance Returns Euler Finance hacker returns $5.4M

On March 16, Euler Finance, a decentralized finance (DeFi) protocol, announced that it had been the victim of a massive hack in which a total of $197 million was stolen. This was quickly dubbed the biggest DeFi hack of 2023 so far and sent shockwaves through the crypto community.

20.03 / 19:53

Blockchain UPS Binance Maxim Progressive Future Time The Future Is Now: This New Crypto Enables Electric Vehicle Drivers to Pay with Crypto – Time to Buy?

The electric vehicle (EV) industry is experiencing a meteoric rise, fuelled by global efforts to promote sustainable transportation.

20.03 / 19:53

Binance SEC BUSD Binance.us regulatory Binance Crypto Exchange Braces for Regulatory Onslaught: Can the Crypto Giant Withstand the Escalating Pressure from US Authorities?

Binance is increasingly taking heat from regulators on multiple fronts, with its US business being the most vulnerable to ongoing crackdowns by the Securities and Exchange Commission (SEC).

20.03 / 15:35

Binance Taiwan to name FSC as crypto regulator, more inside

Taiwan is taking a major step towards regulatory clarity for its crypto industry by appointing a regulator to oversee the space. The island nation’s Financial Supervisory Commission will reportedly be named as the chief regulator of crypto exchanges and virtual assets.

20.03 / 14:49

Ethereum Binance ICE Discover ‘AI-based’ dApp Harvest Keeper drains millions in users’ funds

According to recent reports, the “AI-based” dApp Harvest Keeper is a rug pull scam.

20.03 / 03:41

Blockchain Binance Digital Solana: Unique contracts deployment registers an increase, thanks to…

The Solana outage, which occurred not too long ago, revived debates about issues plaguing the network for a while. Recent smart contract deployment data, however, shows that Solana is still seeing a decent number of deployments despite these obstacles.

19.03 / 16:11

Blockchain COST UPS Ethereum Binance SEC Platform ATH Binance Coin (BNB) Price Prediction 2025-2030: Can BNB cross its ATH?

BNB, or Binance Coin, is a digital currency launched by the world’s largest crypto exchange, Binance, in 2017. The launch of BNB was made possible through an Initial Coin Offering (ICO), which took place from June 26th to July 3rd, 2017. During the ICO, the issue price for BNB was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. It’s important to note that BNB does not provide its holders with any claim on Binance’s profits and is not considered an investment in the company.

19.03 / 00:11

BTC Binance Reuters CEO Action SVB Bitcoin Bitcoin Price Prediction as BTC Hits Highest Level in 9 Months – How High Can BTC Go?

As Bitcoin hits its highest level in nine months, many are wondering just how high the cryptocurrency can go. With a market cap of over $1 trillion and a surge in demand, as investors seek a safe haven amid economic uncertainty, Bitcoin's price has skyrocketed in recent months.

18.03 / 20:47

Blockchain Binance Digital Aware Platform Pool Align Uniswap Officially Live on BNB Chain

Decentralized exchange Uniswap has now officially launched on BNB Chain, the smart contract blockchain platform created by Binance, following a successful governance proposal. This marks a significant milestone in the growth and adoption of decentralized finance (DeFi) within the cryptocurrency ecosystem.

18.03 / 19:51

business Binance Senate information Senators Financial Binance's response to U.S. Senators lacks financial information: Report

Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet.

18.03 / 13:41

UPS Binance network Helium Network HNT extends downside as Helium network migration date pushed back to…

The Readiness Working Group, an organization formed by the Helium community recently released an update on the status of its migration to Solana. HNT crashed further following the news and here’s why.

17.03 / 22:55

BTC Binance Bears Can Synthetix Perps v2 achievement save SNX from the bears

Synthetix [SNX] continues to make news with its achievements, the latest being Perps V2. Synthetix revealed in a recent tweet that Perps V2’s cumulative volume reached nearly $2 billion, while its daily volume somewhat touched $115 million. This was a commendable achievement, as only a week ago, Perp V2’s daily volume touched $100 million.

17.03 / 22:43

markets business Blockchain Binance Investments Binance USD Binance replaces BUSD in SAFU Fund with TUSD & USDT

Cryptocurrency exchange Binance announced on March 17 that it has replaced BUSD holdings in the Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT). The move comes in response to Paxos' recent decision to stop minting new Binance USD (BUSD), leading to a decrease in BUSD's market capitalization over time.

17.03 / 20:45

Ethereum ETH Binance CEO Tether coinbase Bitcoin Binance converts its BUSD in SAFU funds to other stablecoins

Binance – the world’s largest cryptocurrency exchange – announced that it has converted the BUSD stablecoin it its SAFU fund. The Secure Asset Fund for Users (SAFU) was launched by the exchange back in 2018 as an emergency insurance fund in order to protect users. The fund initially consisted of Bitcoin (BTC), Binance USD (BUSD), and Binance Coin (BNB).

17.03 / 19:45

Blockchain Provident FIVE Binance Progressive Platform Enterprise Carbon Credits A New Era in EV Charging: Crypto Payments and Carbon Credits All in One – How to Buy Early?

The electric vehicle (EV) charging sector is poised for extraordinary expansion, fueled by factors that encourage EV adoption and advancements in charging infrastructure.

17.03 / 16:41

Ethereum Binance CoinMarketCap Southern SVB Financial SVB Financial files for Chapter 11 Bankruptcy as Bitcoin, cryptos see green

On one hand, Bitcoin (BTC) and other cryptocurrencies have started to thrive in the market. On the other hand, the picture is quite the opposite as far as the traditional banking system in the United States is concerned. Amidst the collapse of the banking system, SVB Financial group has announced that it is commencing bankruptcy proceedings.

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