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 ...
Binance has announced its support for Aragon’s (ANT) latest initiative, offering ANT token holders the opportunity to exchange their tokens for Ethereum (ETH). In an official statement released on October 24, 2024, the crypto exchange confirmed that the Aragon Foundation would use a portion of its treasury to allow ANT ...
Binance has announced its intention to delist multiple tokens in the coming weeks. In a press release published today, October 23, the exchange confirmed that it will remove several tokens, including Unifi Protocol DAO (UNFI), Ooki Protocol (OOKI), Keep3rV1 (KP3R), and Rupiah Token (IDRT). The delisting is set for November ...
The Nigerian government has formally dropped all charges against Tigran Gambaryan, an executive at Binance Holdings, who had been on trial for money laundering since April. According to a report by local media outlet PremiumTimes, the charges, linked to $34.4 million in money laundering and currency speculation, were withdrawn by ...
A new report has indicated that Binance and Crypto.com are losing market share to smaller competitors as decentralized exchanges (DEXs) gain popularity. Binance, the largest cryptocurrency exchange globally, saw a 13% drop in spot trading volume over the past year, declining from 52.5% in October 2023 to 39.5% in October ...
Changpeng Zhao has once again issued a warning to his 8.9 million followers on X about scammers impersonating him on the platform. In his latest post, Zhao urged users to be vigilant about fake verified accounts posing as him on X. He clarified that he only operates under the handle ...
