Binance

Important Binance Update for July 17th

Important Binance Update for July 17th

TL;DR Binance will suspend deposits and withdrawals for approximately one hour in mid-July, with trading services unaffected. The company’s delisting of several altcoins recently caused significant price drops. A similar pattern was witnessed when Binance terminated services with the popular privacy coin Monero (XMR). Brief Disruption on All Services The world’s largest cryptocurrency exchange, Binance, […]

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Incoming Binance Update Affecting Bitcoin (BTC) and Ethereum (ETH) Traders: Details

Incoming Binance Update Affecting Bitcoin (BTC) and Ethereum (ETH) Traders: Details

TL;DR Binance will terminate trading for six pairs, including BTC/AEUR and ETH/AEUR, effective July 5, possibly due to poor liquidity or other factors. Despite delisting some pairs, the company has added new ones like WIF/BRL and ZK/USDC, though these are not available to users in certain restricted regions. Binance’s Latest Move The world’s largest cryptocurrency

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Binance.US Claims No Evidence of Wrongdoing in SEC Case

Binance.US Claims No Evidence of Wrongdoing in SEC Case

Binance.US said that it is prepared to defend itself against the US Securities and Exchange Commission after a court ruled that the regulatory agency’s case against the crypto exchange could continue. In its official statement on X, the US arm of crypto giant Binance affirmed that the “fight continues.” Binance.US Slams SEC’s Enforcement Tactics The

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Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses

Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses

Last updated: May 27, 2024 15:22 EDT | 2 min read Binance, the largest shareholder of the South Korean cryptocurrency exchange Gopax, sold the asset claims of Gopax victims at less than half their face value on May 27. The discounted sale has led to substantial financial losses for investors, contradicting Binance’s earlier promise to

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Major Binance Announcement Concerning All Users: Details

Major Binance Announcement Concerning All Users: Details

TL;DR Binance is set to undergo a system upgrade on April 23-24, which may disrupt several services, including trading and user logins. The exchange regularly updates its platform, recently adding new trading options and loanable assets while discontinuing others. There Might be Disruptions Next Week The world’s largest cryptocurrency exchange – Binance – will conduct a

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Binance Plots Comeback to India with $2M Penalty: Report

Binance Plots Comeback to India with $2M Penalty: Report

Last updated: April 18, 2024 00:19 EDT | 1 min read Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday. The platform’s return would be contingent upon registration with the finance ministry’s Financial

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Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition

Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition

Last updated: April 15, 2024 03:12 EDT | 2 min read The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya.  Anjarwalla had managed to escape custody in Nigeria, but his cover was blown upon his arrival in Kenya, according to a report from Nigerian media outlet The Punch. 

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Important Binance Announcement Concerning Mexican Traders

Important Binance Announcement Concerning Mexican Traders

TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most

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Binance Suspends Bitcoin Ordinals Trading – What’s Going On?

Binance Suspends Bitcoin Ordinals Trading – What’s Going On?

Last updated: April 5, 2024 14:22 EDT | 2 min read Binance announced on April 4 that it will suspend Bitcoin Ordinals trades and deposits from April 18, 2024. The exchange has then advised the holders of the Bitcoin-based non-fungible tokens (NFTs) to withdraw their assets from the trading platform NFT marketplace before May 18,

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Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges

Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges

Last updated: April 4, 2024 13:45 EDT | 2 min read The arraignment of two Binance executives held against their will by Nigerian authorities has been postponed until April 19 as the country seeks criminal charges against the Nigeria crypto duo, an Abuja court hearing reveals. Binance’s head of financial crime compliance, Tigran Gambrayan, and

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