Binance

Crypto giant Binance resumes withdrawals and spot trading after glitch caused outage

Binance has temporarily suspended all spot trading, deposits and withdrawals on the world's largest crypto exchange citing an "issue."

India probing ‘several’ crypto cases for money laundering, seizes over $115 million

India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, t

Crypto exchange Binance expects to pay penalties to settle US investigations

Binance, the world’s largest crypto exchange, expects to pay monetary penalties to settle probes into its business in the U.S., a top executive said, in a major about-face after publicly disputi

Crypto makes you more attractive, according to a new Binance survey

In true Valentine’s Day fashion, we’re diving into the theme of love…and crypto? According to a new study by Binance, the world’s largest blockchain by trading volume, crypto could have a posi

BNB Chain is doubling down on web3 gaming

This week's episode of Chain Reaction featured an interview with Gwendolyn Regina, investment director at layer-1 blockchain BNB Chain.

Binance acquires majority stake in Korean crypto exchange GOPAX

Binance Holdings plans to return to South Korea after pulling out of the market in 2021. The world’s largest cryptocurrency trading platform by volume said it had acquired a majority stake in S

Binance to terminate tech offerings to estranged India partner WazirX

Binance will stop offering its wallet and other tech services that it provided to WazirX, escalating tension with the Indian crypto exchange that it once sought to acquire. The world’s largest crypt

India’s crypto tax pushing traders to foreign exchanges

India’s tax rules on crypto, which went into effect last April, have resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according to a new repo

Binance.US to buy Voyager Digital’s assets for $1 billion

It’s been a long year for Voyager Digital. After filing for bankruptcy, the crypto lender thought it would be able to return some funds to its customers by selling its assets to FTX. As you know, th

Audit firm Mazars ceases proof-of-reserves work for Binance and others

Global audit firm Mazars has deleted the website that hosted proofs-of-reserves work for cryptocurrency exchanges. The company told Bloomberg that it is suspending its work with crypto companies on pr

Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Auditing firm Mazars has released a report about Binance’s BTC reserves. The auditing firm has reached the same conclusion as Binance itself. As of November 22 at 23:59 UTC, Binance held enough bitc

Binance poised for Japan expansion after buying local exchange Sakura

Binance’s sprawling empire is about to get bigger as it eyes expansion in Japan. The world’s largest crypto trading platform has acquired 100% of Sakura Exchange BitCoin for an undisclosed

Binance launches proof-of-reserves system for BTC holdings

Cryptocurrency exchange company Binance has released a new site that explains its proof-of-reserves system. The company is starting with BTC reserves. Right now, Binance has a reserve ratio of 101%. I

Binance’s CZ on FTX: ‘We were the last straw that broke the camel’s back’

Binance co-founder and CEO Changpeng Zhao, also known as CZ, commented on the collapse of FTX at TechCrunch Sessions: Crypto 2022. He played down his personal role in the series of events that ultimat

Binance chief says crypto exchange doesn’t see viable business in India

Scores of crypto-focused venture capital firms have raced to India in the past two years, hoping to turn the world’s second largest internet market’s large developer community into a key w

Binance’s CEO isn’t sweating the FTX implosion

“The industry is not going away and the other strong industry players are now even stronger,” Changpeng "CZ" Zhao, CEO of Binance, says.

Can proof of reserves prevent future crypto exchange collapses?

A number of crypto exchanges are rushing to publish proof of reserves in a seeming attempt to reassure investors their funds are safe as fellow exchange FTX melts down.

RIP to FTX?

We had to talk about the news that rocked the crypto world this week in our Thursday episode: the Binance/FTX deal that never was. To begin, we gave you a rundown of WTF just happened with the beef

Sam Bankman-Fried says FTX in talks to raise capital, Alameda Research to wind down trading

Sam Bankman-Fried said on Thursday that he will be winding down the trading firm Alameda Research and is attempting to raise liquidity for the troubled FTX International, as he scrambles to keep the w

Some crypto VCs see decentralization as the future following FTX collapse

Venture capitalists see this moment as a warning, but also as an opportunity for the growth of decentralization and maturation of the larger blockchain space.
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