Category: News
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Binance refuses to block Russian users
In the context of the Russian-Ukrainian war situation is more tense than ever, in early March, Changpeng Zhao, founder and CEO of Binance, said that the fact that the Russian people are looking for solutions to respond to financial sanctions is not a specific problem of cryptocurrencies. He also rejected calls to restrict all Russians […]
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SAFU insurance fund for Binance users reaches $1 billion mark
Binance has amassed a total of $1 billion in insurance funds to compensate floor users in the event of a hacking incident. According to a statement posted on Jan. 31, binance, the world’s largest cryptocurrency exchange, said it had raised the value of safu insurance funds to $1 billion. Dedit the Secure Asset Fund for […]
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Binance co-operates with YG Entertainment to boost NFT market
In order to build a more sustainable framework for the NFT market, binance has just established a partnership with YG Entertainment, a leading entertainment company in Korea. YG Entertainment currently manages a number of highly influential K-pop stars across the ship including BLACKPINK, BIG BANG and WINNER. Under the agreement between the two parties in […]
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Forbes announces strategic investment from Binance
The world’s largest cryptocurrency exchange Binance has reached an investment agreement in Forbes, the famous US magazine. On the evening of Feb. 10, U.S. news channel CNBC confirmed that the world’s largest cryptocurrency exchange Binance is preparing to announce a $200 million investment in Forbes, according to insiders. Forbes is a well-known and long-standing magazine […]
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SEC takes a tough stance on binance investigation
Securities and Exchange Commission (SEC) Chairman Gary Gensler has just made the latest comments surrounding the investigation into the U.S. subsidiary of cryptocurrency exchange Binance. According to a Feb. 15 report from the Wall Street Journal, the SEC is looking into the relationship between Binance.US along with two trading companies, Sigma Chain AG and Merit […]
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Binance returns to Malaysian market through crypto exchange investment
Binance, the world’s leading cryptocurrency exchange by trading volume, is returning to the Malaysian market with a strategic stake in the crypto trading platform managed by the country MX Global. Specifically on March 1, MX Global received a side investment from Binance and Cuscapi Berhad, a pioneering digital business solutions provider in Malaysia. This funding […]
