Binance's market share in spot crypto trading volumes has decreased by almost 15% in recent months, dropping from 62% in February to around 47% this month. The decline is attributed to factors such as the exchange ending its zero fees on bitcoin trading and overall tepid trading volumes. However, Binance remains the largest spot crypto exchange in the world.

Binance, the world's largest cryptocurrency exchange, has announced that it will no longer serve Canadian customers due to new regulations related to stablecoins and investor limits. While Binance plans to return to Canada in the future, its departure has created an opportunity for competitors like Coinbase to fill the gap.

Binance, the world's largest cryptocurrency exchange, has announced its support for the Terra Classic v2.0.1 network upgrade and Kava 13 mainnet upgrade. Deposits and withdrawals for LUNC and USTC on the Terra Classic network, as well as KAVA, will be temporarily suspended. The Terra Classic upgrade will bring in new features, such as minimum initial deposit for governance proposals and mandatory security updates.

There are speculations that Binance CEO Changepeng Zhao, also known as CZ, was unhappy with Twitter's recent partnership with eToro. CZ and Binance invested around $500 million to help Twitter move to the Web3 industry, but the relationship between CZ and Elon Musk may have turned sour after several developments.

Binance.US is reportedly considering reducing founder Changpeng Zhao's majority stake in the company to address concerns over regulatory compliance and improve its standing with US regulators. The move comes amid increased scrutiny of the global crypto exchange industry and ongoing regulatory crackdowns. Binance.US executives are in talks with CZ to determine how much of his stake will be reduced, but it is believed that reducing his ownership stake is necessary to obtain the licenses required to operate legally in the US. By distancing itself from CZ's contentious reputation, Binance.US hopes to ease authorities' fears and better compete with other US exchanges.

Binance, the world's largest crypto exchange by volume, is focusing on mergers and acquisitions this year to bridge geographical gaps and expand its customer base. The company's Chief Business Officer, Yibo Ling, is leading the effort, focusing on VC investments, strategic M&A, and business development. Binance Labs, the exchange's VC arm, has a portfolio valued at over $9 billion, with a focus on early-stage investments. The company invests in a variety of areas, with a preference for seed and Series A investments, and has over 200 portfolio companies on every continent except Antarctica.

According to data from DefiLlama, the weekly trading volume on Binance's BNB Chain has reached its highest level in a year, with a volume of $5.11 billion in the week commencing May 7. This surge in volume could be attributed to the lower fees on the BNB Chain and Binance's popularity in the world of centralized exchanges. Additionally, Uniswap's expansion to the BNB Chain in March may have contributed to the increase in trading volume. DEXs are becoming more popular, possibly due to U.S. regulators cracking down on centralized exchanges, and Uniswap has surpassed Coinbase in trading volume for the fourth consecutive month.

Binance is facing tough competition and may be on the verge of collapse as its market share has fallen from 73% to 51% and its BTC tokens in treasury have decreased. Meanwhile, Do Kwon, co-founder of Terraform Labs, and his right-hand man may soon be released from prison under house arrest. The SEC has also begun investigating the crypto mining sector, with Marathon Digital being the latest victim. In Europe, the AI Act has been passed, which could have major implications for the sector and even crypto.

Binance, the world's largest cryptocurrency exchange, has expanded its support for Sui Network's native token SUI and PEPE meme coin by adding new isolated margin pairs for both. In addition, the exchange has added UMA as a new borrowable asset on Cross Margin. Despite listing meme coins such as PEPE and FLOKI in Innovation Zone, Binance has not yet listed Shiba Inu's gas token BONE.

Binance, a leading cryptocurrency exchange, has entered the NFT market with its own marketplace, featuring low trading fees and exclusive drops from popular influencers.