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WestPac to Block Transactions to and from Binance and Other Cryptocurrency Exchanges in Effort to Reduce Scam Losses

WestPac, the oldest bank in Australia, has decided to block transactions to and from Binance and other cryptocurrency exchanges to protect investors from scams. This move could potentially lead to other banks following suit, causing setbacks for exchanges operating in Australia.

Binance CEO Surprised by Dogecoin's Longevity, Credits Elon Musk's Influence

Binance CEO Changpeng Zhao expressed surprise at the longevity of dogecoin, a memecoin that he thought would have disappeared a long time ago. He attributed its extended lifespan to Tesla CEO Elon Musk, who has been a vocal supporter of the token and continues to tweet about it.

Breaking: Binance Brings Back Zero-Fee Trading For Bitcoin, SHIB, PEPE, Other Crypto

Binance, the world's largest crypto exchange, has announced that it will offer zero-fee trading on its Auto-Invest platform for a limited period from May 18 to June 18, 2023. This move comes as Binance faces increased regulatory scrutiny and competition in the crypto market.

Binance to Commemorate 13 Years of Bitcoin Pizza Day with Global Celebrations

Binance, the world's largest cryptocurrency exchange, is preparing to celebrate the 13th anniversary of Bitcoin Pizza Day with a series of events around the world. The occasion commemorates the first documented real-world exchange using Bitcoin, when a programmer purchased two pizzas for 10,000 BTCs in 2010. Binance's festivities will kick off in Naples, Italy, and extend to ten other countries, with pizza-themed events and prizes for participants. The celebration highlights the growth and acceptance of digital currencies since the groundbreaking transaction, and Binance remains committed to promoting mass adoption and practical use cases for cryptocurrencies in daily transactions.

Binance's Control Over WRX Token Raises Concerns for WazirX and Token Holders

Indian cryptocurrency exchange WazirX has clarified its relationship with Binance, revealing that Binance controls the WRX token. Binance conducted the WRX token initial exchange offering (IEO) and retains a significant amount of WRX tokens, but has failed to conduct quarterly burns for the past five quarters.

Binance Suspends Australian Dollar Services Due to Third-Party Payment Provider Decision

Binance, a cryptocurrency exchange, has temporarily halted its Australian dollar services due to its local payment services provider's decision to stop supporting the exchange. The suspension affects PayID deposits and bank transfer withdrawals. Binance is currently seeking an alternative provider to continue offering AUD deposits and withdrawals to its users. However, the ability to buy and sell crypto using credit or debit cards is still available. Binance has assured its users that their funds are safe through the Secure Asset Fund for Users (SAFU), an insurance fund that offers protection in extreme situations.

Binance Leads Bitcoin Pizza Day Celebrations with Promotions and Competitions

Bitcoin Pizza Day, which commemorates the historic transaction where 10,000 bitcoins were used to purchase two Papa John's pizzas, is approaching on May 22, 2023. Binance, a major cryptocurrency exchange, is leading the celebration by organizing a series of events and promotions to engage and educate crypto enthusiasts. These activities include in-person meetups, pizza vans, and an online tie-in promotion. Binance hopes to highlight the progress made by cryptocurrency over the years and continue to support the crypto community. To participate in Binance's Pizza Day competition, users must complete three tasks and retweet the Collect & Win page with the #BinancePizza hashtag to have a chance to win a year's worth of pizza in Bitcoin. Binance Live will also host special guests, activities, and giveaways on May 22.

Binance Controls Supply of WazirX's WRX Token, Says India's Top Crypto Exchange

India's leading cryptocurrency exchange, WazirX, has revealed that Binance conducted the initial exchange offering (IEO) for its WRX token and still controls the token supply. The WazirX team clarified that Binance kept all the proceeds from the IEO, which amounted to about $2 million. Binance allegedly holds 580.7 million units of locked and unlocked WRX tokens, worth approximately $74.5 million at the current price of the token. The relationship between Binance and WazirX remains murky, with the two exchanges involved in a long feud over the ownership structure of the Indian exchange.

Binance Publishes Guide on Cardano MEME Con SNEK, Sparking Listing Speculation in Crypto Community

Binance, the largest cryptocurrency exchange, has released a guide on how to purchase SNEK, a newly launched meme coin built on the Cardano blockchain, which has sparked speculation within the crypto community about a potential listing on the exchange. The guide's publication signals Binance's recognition of the growing demand and interest in meme coins within the crypto space. By providing users with a step-by-step tutorial on acquiring SNEK, Binance has simplified the onboarding process for new investors and made the token more accessible. Additionally, SNEK has gained an impressive 20% in the last 24 hours, according to data from CoinMarketCap.

Binance CEO Suggests US Reluctance to Adopt Comprehensive Crypto Market Policy Due to Desire to Maintain Global Dominance of US Dollar

Binance CEO Changpeng Zhao (CZ) suggested during an "Ask Me Anything" event that the US may be hesitant to adopt a comprehensive crypto market policy due to a desire to maintain global dominance of the US Dollar. However, CZ argued that embracing the web 3.0 space could actually benefit the US rather than hinder it.