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FTT Token Price Drops Further as Binance Liquidation Worries Traders.
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Latest firstBinance Pool launches $500 Million aid to help miners
The borrowers will have access to loans on an 18- to 24-month term, with interest rates ranging from 5% to 10%.
Binance’s BNB Cryptocurrency was Hacked for $100 Million
Key Takeaways: Binance Coins (BNB), worth $566 million, have apparently been stolen by hackers from the Binance Bridge. To deter the hacker, Binance Smart Chain was stopped and resumed. Today, the BNB Chain, shut down after identifying an attack that…
Binance Registers in New Zealand and Establishes a Local Office
Key Takeaways: The formal launch of Binance New Zealand is here. The New Zealand Binance platform aims to increase Kiwis’ access to financial possibilities. Binance has registered with the Ministry of Business, Innovation, and Employment (MBIE) of New Zealand in…
Binance to Stop Supporting Circle’s USDC, Among Other Stablecoins
Binance to remove Spot, Future, and Margin trading with USDC, Pax USDP, and TUSD pairs on September 29 to "enhance liquidity and capital-efficiency for its users."
Binance Identifies Two Suspects Involved in the KyberSwap Exploit
Binance had shared the intel with KyberSwap and law enforcement agencies
Binance Granted In-Principle Approval to Operate in Kazakhstan
Binance will soon be able to provide its services as an operator of a Digital Asset Trading Facility in Kazakhstan. AFSA is the first regulator in Kazakhstan to grant in-principle approval to a Binance entity
Binance Freezes $450,000 From Curve Finance Hack
Key Takeaways: Binance had decided to intervene by keeping an eye on the proceedings at Curve. According to Binance CEO Changpeng Zhao, most of the funds that hackers stole from the DeFi protocol Curve Finance this week have been frozen…
India Freezes Assets of Binance-Owned Local unit WazirX
Key Takeaways: Assets belonging to WazirX, which Binance acquired in 2019, have been frozen as part of an investigation into potential breaches of foreign exchange regulations. Assets worth $8.16 million, or 646.70 million rupees, were declared blocked by the ED.…
Binance CEO Denies Claims of Losing 90% of Users Since KYC Implementation
Key Takeaways: Reportedly Binance’s compliance head Tigran Gambaryan in an interview said, “We have lost 90% of customers after implementing KYC, losing billions in revenue”. In 2021, the same year Binance implemented KYC, the exchange earned 69% of the estimated…