Category: News
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Binance Announces $500 Million Initiative To Support Bitcoin Miners
Binance Pool, the mining platform that is part of the Binance ecosystem, recently announced a $500 million miner lending project to support miners through the crypto winter. $500 million loan project from Binance Pool On October 14, crypto giant Binance launched $500 million in funds for a miner lending project, with the goal of supporting […]
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Binance Suspends BNB Chain After Potential Exploit
BNB Chain is attacked A mining incident in the BSC Token Hub cross-chain bridge brought BNB Chain to a halt at the end of October 6. A series of transactions move large amounts of tokens from BSC Token Hub to an unfamiliar address. At the press time, the address owned over $291 million in BNB […]
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Binance opens two new offices in Brazil
Two new offices of Binance in Brazil On Oct. 3, Binance has now opened offices in São Paulo and Rio de Janeiro in Brazil, with more than 150 employees. “The exchange operates in full compliance with the Brazilian regulatory landscape and believes that regulation is the only way for the digital asset industry to grow […]
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Binance signs MOU with Kazakhstan to battle financial crime
The world’s largest cryptocurrency exchange – Binance – has signed a MoU with the Financial Monitoring Agency of the Republic of Kazakhstan that aims to create a safe cryptocurrency environment in the Asian country and reduce financial crime in the region. https://twitter.com/cz_binance/status/1576864543564701696?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1576864543564701696%7Ctwgr%5E1ed513db2bc15ca16c021605e08442e780037638%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwikibinance.com%2Ftin-tuc%2Fbinance-ky-mou-voi-kazakhstan.html Binance’s efforts in Kazakhstan Binance plans to expand its office in Kazakhstan and […]
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What’s next for Terra’s LUNC after Binance burns 5.5 Billion tokens
Binance has fulfilled its commitment to burn 1.2% Terra Classic (LUNC) for each transaction on the exchange following a proposal from the community. According to Binance, all LUNC burning will not affect LUNC spot and margin trading fees. The exchange caps trading fee rates at 0.1%. #Binance completes the first $LUNC burn, burning all trading fees […]
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Binance launches Global Law Enforcement Training Program
On September 27, Binance announced Global Law Enforcement Training Program, which helps law enforcement detect and prosecute cyber financial crimes. Binance formed an investigative team in 2021, including security experts, former law enforcement officers, analysts who helped destroy global cybercrime organizations like Hydra. > Related: Sign up for Binance account update 2022 https://twitter.com/cz_binance/status/1574793357636898816?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1574793357636898816%7Ctwgr%5E1fc613a15c5e6cca001443c91c3a44eba12b16ac%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fbinance-global-law-enforcement-training-program-is-official-after-year-of-activities Binance expands investigation […]
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Binance implements 1.2% LUNC burn mechanism for every trade on the exchange
Binance implements 1.2% LUNC burn mechanism In response to the community’s proposal to burn LUNC while maintaining a good trading experience for users, Binance will implement a 1.2% LUNC burning mechanism on spot and margin trading pairs. The calculation of total trading fees on LUNC spot and margin trading pairs to be burned from the […]
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Binance to add opt-in button for 1.2% LUNC burn tax on all trades
Opt-in button for 1.2% LUNC burn tax Binance CEO Changpeng Zhao (CZ) has added an opt-in button for users to decide whether to apply 1.2% LUNC for each transaction on the exchange. Binance announced that it will only apply a 1.2% tax to on-chain deposits and withdrawals on September 9. However, off-chain exchange trades were […]
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EazyPay of Bahrain partners with Binance to enable crypto payments
EazyPay of Bahrain partners with Binance Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC). EazyPay, an online payment platform regulated by the Central Bank of Bahrain (CBB), has partnered with Binance Pay to enable crypto payments in the country, EazyPay CEO and founder Nayef […]
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Binance leads FTX in Voyager assets bid
Binance and FTX leads in Voyager assets bid Major cryptocurrency exchanges Binance and FTX are reportedly leading the bid to acquire assets of troubled crypto lender Voyager Digital, which filed for bankruptcy in July. Other recent reports claimed that Alameda had agreed to provide Voyager with a $200 million crypto loan. According to the Wall Street […]
