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The recent report by the Wall Street Journal from the US media has sent ripples through the crypto world today, with Binance stepping forward to address the allegations. Yi He, one of the exchange’s founders, stated, “There is a fierce battle among market makers filled with tricks. Those who pay can get any advertisement they…
Binance, one of the leading cryptocurrency exchanges, has completed its 6th incubation investment cycle through Binance Labs, its $10 billion investment arm. In a strategic move, Binance Labs extended financial support to seven emerging crypto startup companies, marking a significant milestone in fostering innovation within the cryptocurrency ecosystem. Binance Labs Incubation Program: Nurturing Innovation Despite…
U.S. District Judge Richard Jones sanctioned the agreement between Binance, the U.S. Department of Justice, and the Commodity Futures Trading Commission. This crucial decision solidifies Binance’s commitment to a $4.3 billion penalty, marking a significant chapter in the company’s legal history. Legal Evaluation At yesterday’s penalty hearing in Seattle, Judge Jones delivered a clear message:…
Binance, the world’s largest crypto exchange, has made a significant move within the cryptocurrency landscape. However, the decision is to delist four altcoins, including the prominent Monero (XMR). This action is taken to adhere to regulatory standards, marking a notable shift in Binance’s approach. Moreover, the decision aligns with the recent trend of exchanges distancing…
Binance Futures Announces Upcoming Listings The prominent cryptocurrency derivatives trading platform, Binance Futures, has made a significant announcement regarding its upcoming listings. In a blog post, the cryptocurrency exchange revealed that it would be listing a new group of USDS and coin-margined futures. Binance Futures enables investors to trade with quarterly and perpetual futures contracts….