Important Binance Update Affecting Dogecoin (DOGE) Traders: Details Inside
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Binance
Here’s How Binance Expanded in 2024, According to its Annual Report
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Important Binance Announcement Affecting Numerous Altcoin Traders
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Binance Prevents Over $129M From Being Lost to Scams in 2024 via AI and ML
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to transform digital asset security from reactive measures to proactive defense strategies. Anti-Scam Initiative According to
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Circle and Binance Partner to Drive Global USDC Adoption and Battle USDT
On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether. The Alliance Details about revenue sharing in this arrangement remain
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Binance, WazirX, and Other Crypto Firms Accused of Tax Evasion in India: Report
India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in
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Binance Announces BFUSD with High APY but Faces UST Comparisons
Binance’s token BFUSD has already sparked speculation even before its launch. It all started with Binance’s introduction of the new asset on Monday which offers 19.55% APY, positioning itself as an alternative to conventional stablecoins. Not a Stablecoin, But a Reward-Bearing Asset According to the website, users can earn daily rewards simply by holding BFUSD
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Important Binance Update Concerning Numerous Altcoin Traders: Details
TL;DR Binance is raising collateral ratios for some popular altcoins, with changes taking effect on November 1. Users are advised to monitor their margin levels to prevent potential liquidations due to these adjustments. The Affected Assets The world’s biggest crypto exchange will update the collateral ratio for seven altcoins listed on its platform. Those include
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Important Binance Announcement Concerning Tron (TRX) Holders: Details
TL;DR Binance will pause deposits and withdrawals on the Tron Network on October 10 for scheduled maintenance. TRX is up 60% this year, with most holders in profit. Announcement for TRX Traders The world’s largest crypto exchange will perform wallet maintenance for the Tron Network on October 10. The effort is supposed to take approximately
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Binance Aids Indian Authorities in Busting $47.6M Gaming Scam
In one of the latest collaborations between public and private entities, the world’s largest cryptocurrency exchange, Binance, announced that it helped Indian authorities bust a purported legitimate online gaming app that defrauded users of more than Rs 400 crore ($47.6 million). According to a blog post, the Binance Financial Intelligence Unit (FIU) provided critical aid
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