News
“Binance hasn’t ‘dumped’ or ‘sold’ large amounts of tokens as some tweets have wrongly claimed,” a Binance spokesperson told Cointelegraph.
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Binance News
Founded in 2017 by Changpeng “CZ” Zhao, Binance has become one of the largest crypto asset exchanges in the market, providing a wide variety of software products and services for buying and selling cryptocurrencies.
The Binance ecosystem encompasses diverse offerings, including the Binance exchange for cryptocurrency trading, the BNB Smart Chain enabling decentralized applications, the Binance Academy for educational content and Trust Wallet for secure asset storage and management.
BNB (BNB) serves as the driving force behind the BNB Chain ecosystem, functioning as its native cryptocurrency token. BNB originated from Binance’s initial coin offering and served as a means for users on the Binance exchange to reduce trading fees upon its launch. In 2019, Binance launched a mainnet blockchain, Binance Chain, with BNB as its coin. In 2020, Binance Smart Chain (BSC) was launched as a separate compatible blockchain alongside Binance Chain. In 2022, Binance merged the Binance Chain and Binance Smart Chain ecosystems under a single label: BNB Chain. Both chains still run parallel and serve distinct roles but are housed under a single name.
Despite its success, Binance is under constant regulatory review as authorities examine whether it complies with global financial laws. This highlights the industry’s unstable regulatory environment and has led Binance to bolster its adherence to laws and regulations in various jurisdictions. Nonetheless, its technological prowess, worldwide reach, and forward-thinking leadership solidify its position as a formidable crypto behemoth.
- Markets News
The crypto market sold off during early Asian trading hours on Feb. 28 as Trump says tariffs against Canada and Mexico will go ahead as scheduled.
3093 - Market Analysis
Token listing announcements stir up hype, but data shows a majority of tokens sell-off once listed.
934 - How to
In Canada, you can buy Bitcoin on centralized exchanges, decentralized exchanges, Bitcoin ATMs and other options. You can also buy Bitcoin ETFs.
997 - Spotlight
The one-stop wallet boasts advanced security features and a user-friendly mobile app.
21572 - News
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.
15047 - Analysis
From rapid withdrawals to social media’s real-time breakdown, here’s how Bybit’s record-breaking $1.4 billion hack took shape.
5078 - News
The Bybit hack is more than twice the size of the second-largest crypto exploit, which affected the Ronin Network.
9932 - News
BNB Chain’s Pascal hard fork aims to enhance Ethereum compatibility and smart contract wallet functionality.
2779 - Market Analysis
Some analysts believe Bitcoin’s price action is being negatively affected by various market manipulators. Is there any sense to this accusation?
7878 - News
According to Nairametrics, Nigeria’s total money supply (M2) increased 17% year-over-year in January 2025, diluting the currency’s value.
6914 - News
Binance suspended US dollar deposits in June 2023, shortly after being sued by the SEC.
2890 - News
The regulator’s cases against Coinbase and Binance are on shaky ground following the creation of the Crypto Task Force.
3727 - News
Binance co-founder and chief customer service officer Yi He also said Binance isn’t for sale and implied it’s open to buying out its rivals.
5354 - Analysis
CZ critiqued CEX listing processes, arguing that the current way of doing things leads to price manipulation. As token launches surge, liquidity is becoming increasingly strained.
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