Binance – Page 2

Binance Receives Court Order to Release Nigerian Traders’ Data

Leave a Comment / Binance, Receives / Avery Clarkson

Last updated: March 19, 2024 03:35 EDT | 1 min read Source: MidjourneyA Nigerian court ordered Binance to furnish detailed information regarding all Nigerian traders on its platform to the Economic and Financial Crimes Commission (EFCC). Local outlet Peoples Gazette reported Monday that Justice Emeka Nwite issued the interim order following EFCC lawyer Ekele Iheanacho’s […]

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Binance Labs Quietly Transitions to Independent Entity From Binance

Leave a Comment / Binance, Quietly / Admin

Binance, the world’s leading crypto exchange by trading volume, appears to have spun off its venture capital and incubation arm, Binance Labs, as indicated on the latter’s website. This move occurred earlier this year, marking a significant development during CEO Richard Teng’s four-month tenure. Binance Labs Distances From Binance Binance Labs’s website now clearly states

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Former Binance CEO CZ Ordered to Surrender Canadian Passport to US

Leave a Comment / Binance, Former / Admin

In a recent development in the continuing legal situation involving Changpeng Zhao, the ex-CEO of Binance, the United States has instructed him to surrender all his active or expired passports to a designated third party. This directive was revealed in a legal filing submitted on March 12, changing Zhao’s bond conditions for release. Travel Restrictions

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Important Binance Update Affecting Ripple (XRP) Traders

Leave a Comment / Binance, Important / azlan90

TL;DR Binance is set to introduce XRP/USDT options trading by the end of the week, aiming to improve trading experiences with competitive pricing. The company also adjusted its offerings by suspending Solana withdrawals, delisting several altcoins, and adding new assets to Binance Loans. The leading cryptocurrency exchange continues implementing amendments on its platform “to enhance

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Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify

Leave a Comment / Binance, Halts / Avery Clarkson

Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post,

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Binance Recovers $4.4 Billion in Digital Assets for Users Amid Deposit Errors

Leave a Comment / Binance, Recovers / Avery Clarkson

Binance has successfully retrieved $4.4 billion worth of digital assets for its users who made errors in their deposits over the past two years. Various reasons, such as inputting incorrect wallet addresses, depositing tokens that are not compatible, and issues arising from blockchain updates, can lead to mishandling of funds. Mishandled Deposits Recovered In 2022

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Important Binance Updates Concerning Numerous Altcoin Traders

Leave a Comment / Binance, Important / Avery Clarkson

TL;DR Binance expanded its margin program with new isolated and cross margin options. The exchange is also removing certain pairs due to low performance, as part of its regular updates and reviews to maintain trading quality and volume. The world’s largest cryptocurrency exchange increased the number of trading pairs offered on its margin program. SHIB/FDUSD, DOT/FDUSD, WLD/FDUSD,

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Binance to Discontinue Leveraged Token Trading and Subscription Services

Leave a Comment / Binance, Discontinue / azlan90

Last updated: February 19, 2024 15:22 EST | 2 min read Crypto exchange leader Binance announced on February 19 that it will discontinue support for leveraged trading of six tokens and subscription services. According to an X post, these include BTCUP, BTCDOWN, ETHUP, ETHDOWN, BNBUP, and BNBDOWN paired with the USDT stablecoin. Six Leveraged Trading

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Binance Trust Wallet iOS App Vulnerability Listed on NIST, CEO Pushes Back Against Misinformation

Leave a Comment / Binance, Trust / Avery Clarkson

Last updated: February 15, 2024 16:50 EST | 2 min read Trust Wallet’s CEO Eowyn Chen responded to allegations about a vulnerability affecting the iOS app on February 15, reassuring users of the wallet’s ongoing security. This came after claims emerged on February 8 of an alleged iOS vulnerability, published to the National Institute of

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Binance Payments Partner Banxa Makes Debut on UK Crypto Register

Leave a Comment / Binance, Payments / Nisha

Last updated: February 13, 2024 04:26 EST | 2 min read Image by RareStock, AdobeStockThe Financial Conduct Authority (FCA) added another crypto-focused firm to its famous crypto register on February 9. This time, it’s Banxa (BNXA)—the international fiat-processing payment company. Here’s what you need to know: Banxa UK Gets Greenlight from FCA for Crypto Activities

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