Tag: Binance

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US DOC agency NIST explores security, safety, trust of stablecoins

The National Institute of Standards and Technology (NIST) found that the top five coins that retained their peg represented 87 % of the total top 20 market capitalization. The National Institute of Standards and Technology (NIST), a non-regulatory agency of the United States Department of Commerce, released an initial public draft highlighting the various security…
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Binance seeks to boost Web3 adoption in the MENA region

The exchange alleges a 49% increase in user sign-ups across the Middle East and Northern Africa (MENA) region. Blockchain exchange Binance has reported an increase in user growth across the Middle East and Northern Africa (MENA) region, alleging a 49% surge in user sign-ups so far in 2022.  According to the exchange, this growth indicates…
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BNB Chain back online after suspension due to a cross-chain exploit

After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and running as of Oct. 7 according to an update from the network. Activity on the network was briefly suspended after confirmed…
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Terra Founder Do Kwon Denies Assets Frozen by South Korean Authorities – Here’s How Much

“No funds have been frozen,” claims Terra founder Do Kwon in response to reports that some $67m of his crypto has been seized by prosecutors.  Kwon has been far less active on Twitter since the now-infamous collapse of the Terra / LUNA ecosystem. The crash fixed the eyes of the authorities firmly on Terra and…
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BNB Chain confirms BSC halt due to ‘potential exploit’

Rumors of a significant hack on the BNB Chain were confirmed by the blockchain’s team, with all deposits and withdrawals suspended on the network. BNB Chain (BNB) the blockchain of cryptocurrency exchange Binance, was paused on Oct. 6 due to what it states is “irregular activity” on the network with the team having determined a…
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Crypto News Summary: Hiro Integrates w/ Ledger, SWIFT Lays Out Global CBDC Blueprint, Greenidge Generation Looking to Raise up to $22.8M

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Hiro Integrates w/ Ledger, SWIFT Lays Out Global CBDC Blueprint, Greenidge Generation Looking to Raise up to $22.8M  Read more »Sign up for e-EUR – the progressive stablecoin

Kazakhstan grants Binance permanent license to offer digital asset services

The AIFC Financial Services Authority in Kazakhstan granted Binance a permanent license to a digital asset platform and provide custody services in the country. After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country. As of Oct.…
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Binance and Kazakhstan to Share Information About Crypto-Related Crime

Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit purposes. Binance Exchange to Help Kazakhstan Authorities Combat Crime Linked to Cryptocurrencies The world’s leading…
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Binance Opens Offices in Brazil as Team Size Doubles

Major crypto exchange Binance continues its international expansion with the opening of two new offices in Brazil, based in São Paulo and Rio de Janeiro.  The platform said in a tweet that its latest move is designed to “expand in the country and to grow crypto adoption in Latin America.” The establishment of the two…
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