Binance has clarified that its new high-yield asset, BFUSD, is not a stablecoin and has yet to be launched. BFUSD is not yet launched. To be clear, it is not a stablecoin but a reward-bearing margin asset for futures trading. We are glad to see the community's interest and will ...
Binance has introduced merged mining on its pool mining platform. Starting today, November 18, 2024, interested parties can join the Binance Pool platform to earn Fractal Bitcoin (FB) rewards while mining Bitcoin (BTC). Fractal Bitcoin is a Layer 2 sidechain scaling solution built on Bitcoin's core code, designed to "scale ...
In a recent joint effort, Binance and the Royal Malaysia Police were able to trace and recover a significant portion of a $4.5 million kidnapping ransom. The investigation led to the arrest of 14 suspects connected to the high-profile kidnapping case, which occurred on October 13. The case involved a ...
Binance has announced that it will be the first exchange to launch the new stablecoin USUAL via its pre-market launch platform, Binance Launchpool. The crypto exchange stated that the token's dedicated page will go live 12 hours prior to its pre-market launch, which is scheduled for 10:00 UTC on November ...
United States prosecutors are pushing to seize nearly $18.5 million worth of cryptocurrencies linked to alleged bribes paid by FTX co-founder Sam Bankman-Fried to Chinese officials. A November 12 court filing in the New York District Court alleges that the funds, currently in a Binance account, were initially valued at ...
In its ongoing attempt to recover assets amid its bankruptcy proceedings, the FTX bankruptcy estate has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng “CZ” Zhao. In a filing on November 10, the complaint accuses Binance executives of receiving a substantial $1.76 billion in a “fraudulent ...
Binance is placing a strong emphasis on Thailand as part of its global efforts to drive mainstream adoption of digital assets, according to the company's Chief Marketing Officer, Rachel Conlan. In an interview with The Bangkok Post, Conlan highlighted Thailand as one of Binance's top 20 global markets, with an ...
Binance has asked that the court dismiss the amended complaint of the U.S. Securities and Exchange Commission (SEC) in their ongoing lawsuit regarding its alleged violations of U.S. securities law. The SEC's amended complaint, which was filed in September 2024, added tokens such as Axie Infinity (AXS), Filecoin (FIL), Cosmos ...
Binance Futures has expanded its offerings with the addition of MOODENG, a popular Solana-based meme coin, to its futures contract listings. The new perpetual contract, which uses Tether(USDT) as its settlement asset, launched with a capped funding rate of 2.00%/-2.00% and four-hour funding fee settlements. As stated in its notice, ...
Thailand's cryptocurrency landscape is undergoing a significant transition as it pivots from retail to institutional investments, according to Nirun Fuwattananukul, CEO of Binance Thailand. In an opinion piece recently published by the Bangok Times, Fuwattananukul noted that this shift marks a step forward for Thailand's role in the digital asset ...
