Tag: Binance

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Binance considers allowing traders to secure collateral at banks: Report

It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service. Cryptocurrency exchange Binance is reportedly exploring a potential solution to reduce counterparty risk by allowing some of its institutional clients to keep their trading collateral at a bank instead of on the crypto platform, according…
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Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt

Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin Trading at Lower Rates on Binance Australia Australians traded bitcoin (BTC)…
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Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here’s the Latest

Major crypto exchange Binance has reopened TORN deposits following an attack on the privacy-focused crypto mixer Tornado Cash DAO.  The exchange announced on Monday that it had resumed deposits for TORN via the Ethereum (ETH) network and Binance’s own BNB Smart Chain.  TORN deposits on these two networks were suspended on May 21 “due to…
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Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains

Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover on Monday, as…
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Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations

Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to the exchange. Binance Has Created New Crypto Trading Platform for…
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Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange. Cryptocurrency exchange Binance continues expanding its global reach by securing new regulatory approvals in Thailand. Gulf Binance — a joint crypto venture of Binance and Gulf Energy’s innovation arm Gulf Innova — has received…
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Binance kicks off transition to new platform in Japan

The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022. After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of the regulated crypto exchange Sakura Exchange…
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Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom

Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police – with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.  Per several Twitter accounts, the Chinese community has been reporting the core team members’ arrests, as well as that law enforcement gained…
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Today in Crypto: Crypto Hacks Drop 70% in Q1 2023, Binance CSO Said Reuters’ ‘Weak’ Article is Filled with Conspiracy Theories, Solana Integrates AI with a ChatGPT Plugin

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: Today in Crypto: Crypto Hacks Drop 70% in Q1 2023, Binance CSO Said Reuters’ ‘Weak’ Article is Filled with Conspiracy Theories, Solana Integrates AI with a ChatGPT Plugin  Read more »Sign…
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China Central Television’s Segment on Crypto Garners Attention Around the World

China Central Television aired a segment on Tuesday involving virtual assets, which garnered attention from around the world.  The segment, which is just over a minute long, features bitcoin, nonfungible tokens and is titled “Hong Kong Securities Regulatory Commission: Implementing a mandatory licensing system for virtual asset trading platforms from June 1.”… Read More: China…
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