The world’s largest cryptocurrency exchange, Binance, has encountered a significant setback in its market share during H1 2023, according to a recent report from Kaiko Research. The study sheds light on the challenges faced by Binance and its subsidiaries, like Binance.US, as they grapple with mounting legal issues and regulatory pressures that have made it […]
Binance, the world’s largest crypto exchange, recently announced its ongoing efforts to integrate the Bitcoin Lightning Network (LN) into its system to enhance the user experience with deposits and withdrawals. In a tweet on Tuesday, the company confirmed its progress while acknowledging the need for additional technical work before the network is fully integrated. Binance’s […]
In recent years, BNB Chain has emerged as a formidable competitor to Ethereum and Tron in the decentralized finance (DeFi) sector. With its user-friendly design, compatibility with the Ethereum virtual machine, and lower transaction fees, the Binance chain has gained traction and now holds a significant 8.5% market share. In this article, we will explore […]
Binance, the world’s largest cryptocurrency exchange, is currently under preliminary investigation by the Paris prosecutor’s office for suspected illegal client solicitation and aggravated money laundering. The French daily Le Monde reported this development, shedding light on the latest challenge faced by the popular crypto platform. Investigation Initiated by Paris Prosecutor’s Office According to reports, the […]
Binance, the crypto behemoth known for its global reach and dominant position in the market, is facing a storm of controversy as US authorities charge the company with a series of securities law breaches. In what can only be described as an intricate web of deception, Binance is accused of deliberately evading regulations and engaging […]
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Binance Coin (BNB) is one of the hottest cryptocurrencies right now, as it continues to soar after its quarterly burn and ahead of its upcoming hard fork. The native token of the world’s largest crypto exchange by volume has gained over 8% in the past week, reaching $344.93 at the time of writing, according to […]
Binance, the crypto exchange giant, has taken a hard hit after investors withdrew $1.6 billion worth of cryptocurrencies following the recent lawsuit filed by the US Commodity Futures Trading Commission (CFTC). The lawsuit accuses the exchange, as well as its CEO Changpeng Zhao and its former top compliance executive, of “willful evasion” of US law […]
Centralized crypto exchanges (CEXs) have grown tremendously in popularity over the last few years as they have made it easier for users to invest in cryptocurrencies. CEXs have benefited significantly from institutional investments, with over $3 billion in inflows last year. Binance has reportedly raised over $3 billion across four funds, while Coinbase has raised […]
