Binance has renamed its crypto news feed platform, Binance Feed, to Binance Square. The platform was initially created to compete with Twitter and provide users with a better understanding of the crypto market. Binance Square has over 10 million active monthly users and offers a range of trending topics and educational features.

The platform aims to build a community-first social platform and is also introducing financial tools such as a unique tipping system for creators. However, Binance and its CEO, Changpeng Zhao, are currently facing litigation from the SEC over unlawfully listing unregistered securities for US investors.