Binance, a crypto exchange, has acknowledged that the crackdown on cryptocurrencies has made it difficult to conduct business in the United States. The company is now seeking regulation in the United Kingdom, with its chief strategy officer expressing a commitment to doing "everything we possibly can" to be regulated in the UK. This is a significant change in tone from his earlier statement that the current crackdown on crypto had made it difficult to do business in the US. Binance had previously clashed with London regulators over its failure to provide essential information about its business activity, which led to regulators suggesting the exchange was unregulatable.

Binance, the world's largest cryptocurrency exchange, has completed the integration of Conflux Network's (CFX) mainnet. The exchange had previously only accepted deposits and withdrawals for BEP20 CFX tokens. CFX's price has risen by over 1500% this year due to demand from China and AI hype. Binance will now support the trading of CFX tokens without converting them to BEP20 CFX tokens, and users can deposit and withdraw mainnet CFX tokens through their assigned CFX deposit address on the Conflux Network mainnet within the deposit page on Binance. The support from Binance is expected to boost CFX's price in the coming days.

Binance, the world's largest cryptocurrency exchange, experienced a 48% drop in spot trading volume for the second consecutive month in April. This decline is in line with the industry's overall decrease in transaction levels, with centralized exchanges experiencing a 40% drop in volume. The uncertainty surrounding macroeconomic conditions such as the threat of recession and the collapse of several U.S. banks contributed to this trend. Despite this, Binance remains the largest exchange with a market share of 46%, while its competitors Coinbase and OKX accounted for only 5.60% and 5.39% of total spot trading, respectively.

Binance, the world's largest cryptocurrency exchange, has announced that it will move 18 tokens, including AirDAO, BitShares, and OMG Network, into its Innovation Zone due to their higher volatility and risk. Binance CEO Changpeng Zhao has added an intermediate step in the process, stating that instead of direct delistings, "no-progress projects" will be moved to the innovation zone first.

Binance has launched a new platform called 'Capital Connect' to connect institutional investors with crypto investment fund managers. The platform will be free for all existing Binance VIP clients in non-restricted regions.

According to Santiment, the amount of bitcoin held on digital asset exchanges has dropped below 6%, the lowest it has been since December 2017. This decrease in trust in centralized platforms has intensified after the bankruptcy of FTX, a leader in its field. Binance has also seen a rise in bitcoin outflows, indicating that many users prefer self-custody over a third-party custodian.

Binance NFT marketplace has announced that it will soon support Bitcoin Ordinals, though the specific launch date has not yet been revealed. This move is aimed at expanding the platform's ecosystem and creating more opportunities for NFT traders and collectors. With this addition, customers will be able to purchase Bitcoin NFTs without having to set up a taproot-compatible Bitcoin wallet. Additionally, creators will be able to generate more income through Binance's NFT royalty support, and collaborators will enjoy benefits such as access to Binance's NFT Discord channel and NFT airdrops for upcoming Bitcoin NFT projects. The ordinal protocol, launched in January 2023, enables creators to attach data to individual satoshis on the Bitcoin blockchain, creating immutable digital collectibles that can be transacted through Bitcoin wallets. Binance NFT marketplace offers three functionalities: the marketplace, Initial NFT Offerings (INO), and NFT-Fi, which enables users to stake their NFT or use them as collateral to get a loan.

Gala Games ecosystem is set to undergo a major contract upgrade, resulting in the issuance of new $GALA V2 tokens to holders on a 1:1 basis for all $GALA. While Coinbase has chosen to stay away from the contract swap, Binance, the world's largest crypto exchange, has decided to support it on the Ethereum (ERC20) network. Deposits and withdrawals of old GALA on the Ethereum (ERC20) network will be suspended and will not be supported going forward. However, Binance will handle all technical requirements for users holding GALA on the exchange, and a separate announcement will be made after the completion of the contract swap.

Gemini, a leading cryptocurrency exchange, has added the PEPE meme coin to its list of tradable assets. This move follows similar listings on other exchanges such as Binance, OKX, and Huobi. The price of PEPE has seen a remarkable surge of over 800% to $0.0000040, with a market capitalization of more than $1.5 billion. Gemini will first offer trading for the USD trading pair on its API/FIX and ActiveTrader applications, with trading expected to be available soon on its mobile app and website for various currency pairs. However, popular crypto analyst Michael van de Poppe predicts a possible dip in PEPE's price before a significant relief rally.

Stakeholders in the UK's crypto industry have welcomed proposed legislation for regulation, but are urging collaboration with global regulators to avoid isolation after Brexit. The UK plans to regulate crypto under existing frameworks and may publish crypto-specific rules within the next year. However, concerns have been raised by the Association of Financial Markets in Europe that the UK's authorization regime could damage its reputation as an open market. CryptoUK, AFME, and Binance have called for a transition period and clarity on the scope of economic activities and treatment of assets like NFTs.