Category: News
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Binance launches Project Galaxy (GAL) on Launch Pools
On April 28, Binance unexpectedly announced its 30th project on binance launch pool – Project Galaxy (GAL), a Web3 authentication data network. It is known that users will be able to bet their BNB, BUSD and CAKE on separate pools to farm gal tokens for 30 days, with the farm time starting from 2022-04-29 00:00 […]
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Binance expands to Middle East
On April 10, the financial services regulator of the Abu Dhabi Global Market approved “in principle” to act as a broker, digital asset agent for cryptocurrency exchange Binance. This is considered an initial success for Binance in becoming a “fully managed digital asset services provider” in the city. It is the second city that has […]
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Transferring money in Puerto Rico
Binance currently offers cryptocurrency trading to both retail customers and businesses. However, it is required to comply with all federal and state laws, including “know your customers” (KYC), anti-money laundering and related regulations. Binance.US currently operates in 45 U.S. states and 7 territories through its own licenses and third-party licenses. The exchange launched in 2019 […]
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Binance releases 19th BNB Burn Token report
Binance’s announcement On April 20, Binance announced the completion of the 19th quarterly BNB token burning with 1,839,786.26 BNB. The last quarterly burn burn burned an additional BNB 9,403.78 through the BNB Pioneer Burn Program. Txid of the 19th Quarterly BNB Burn: https://explorer.binance.org/tx/7EA14BB56EF812C142242F360E938BF545E5E17446039DD7D9CB6C9D1EE09DB9 Information about the 19th BNB burn In the last quarter, BNB completed […]
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Binance faces criticism for launching Swastika
On Wednesday( April 20), Changpeng Zhao (CZ), CEO of Binance , the world’s largest cryptocurrency exchange, retweeted the exchange’s Twitter post. CZ posted the hashtag #binance to show off the newly released emoji. However, users immediately noticed the similarity between this emoji and the Swastika symbol. (*Swastika: swastika symbol. When referring to the swastika symbol on […]
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Binance recovers $5.8 million from Ronin Bridge hack
Binance shows support Axie Infinity’s Ronin Network hack in March resulted in the loss of about 173,000 ETH and $25.5 million. CZ, ceo of Binance, said on April 22 that the hackers, “Lazarus Group” distributed the stolen funds on 86 Binance accounts. The hacker organization is also believed to have hacked various cryptocurrency platforms last […]
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Binance denies allegedly sharing Russian users’ data
Binance, a major global cryptocurrency exchange, has vehemently denied helping Russian authorities track donations to the opposition, in response to an investigation published by Reuters on April 22 According to Reuters, last April Gleb Kostarev, head of Binance in Eastern U and Russia, met with Russia’s anti-money laundering agency, Rosfinmonitoring (Rosfin). Kostarev “endorsed Rosfin’s request […]
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Binance issues crypto cards to Ukrainian refugees
Binance’s side announced that it is working to provide refugees affected by the Ukraine conflict with a way of exchanging cryptocurrencies as well as making purchases within the European Economic Area (EEA). The coordinating parties include European banking platforms such as Contis, non-profit organizations Rotary and Palianytsia. Binance’s cryptocurrency card issuance action is intended to […]
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List of countries that have licensed binance
Binance is a popular cryptocurrency exchange where investors buy, sell, and store their digital assets. Binance is the largest cryptocurrency trading platform by trading volume with millions of customers around the globe. As of the time of this article, the list of countries that have licensed Binance to operate officially from Dubai and Bahrain, in […]
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Binance provides cryptocurrency services in Bahrain
Thanks to a license issued by the Central Bank of Bahrain, the world’s largest cryptocurrency exchange Binance will be offering cryptocurrency services to the first country in the Middle East. Bahrain can issue permits through the GCC Gulf Cooperation Council (which includes six oil-rich Arab states, united on economic and political fronts). The world’s largest […]
