Binance News

Founded in 2017 by Changpeng Zhao (commonly known as CZ), 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. 

Binance offers a range of products including crypto futures trading, margin trading and lending, powered by centralized and decentralized exchange platforms. 

In April 2019, the company launched its own blockchain, Binance Chain, which is secured by a delegated proof-of-stake consensus. Binance Coin (BNB) is the protocol currency for the blockchain as well as the utility token for Binance’s exchange services. Binance Launchpad is a token sale platform that assists in launching blockchain ventures. 

In the three years since its launch, Binance has become home to a variety of projects and initiatives ranging from exchange services, blockchain protocols and charity work, to venture accelerators — maintaining momentum through a constant dance of regulatory arbitrage as the exchange extends and launches services in jurisdictions across the world. 

Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars.
Binance urges users to convert euros to USDT after Paysafe debank
Martin Young
Follow up
The sale has sparked chatter among local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a “Russian version” of Binance.US.
Binance successor in Russia: Everything you need to know about CommEx, so far
Helen Partz
The local subsidiary of the world’s largest crypto exchange has suggested that customers convert all their fiat currency on the exchange to crypto.
Binance still struggling to find banking partner in France: Report
David Attlee
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase.
Ethereum OFAC compliance dips to 45% post-Merge upgrade
Arijit Sarkar
The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy bac...
Binance fully exits Russia with sale to CommEX
Helen Partz
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.
CZ appoints Binance security team to track Huobi HTX stolen funds
Arijit Sarkar
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association.
Taiwan’s major crypto exchanges form association to advance industry interests
David Attlee
Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Japanese yen and other foreign currency-denominated stablecoins in...
Crypto exchange Binance among firms eyeing new stablecoins in Japan
Martin Young

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