Following a rocky year for crypto in 2022, during which many cryptos have seen their prices plummet, and exchange platforms have been exposed for their unfit practices and faced a total meltdown, the crypto world has turned to Binance.

Binance, the world’s leading cryptocurrency exchange, launches a new feature to gather and act upon user feedback in a long-lasting, dynamic fashion. The feedback tool introduces a dedicated area for users to provide feedback and comments, ranging from suggestions for product improvements to community ideas covering new features. 

BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper.

U.S.-based trading firm Jump Trading, which was heavily involved in the Terra-LUNA crisis, started transferring Lido DAO (LDO) tokens to crypto exchange Binance, causing LDO prices to drop by over 20% since Thursday.

Crypto exchange Binance and payments provider Mastercard are teaming up once again, this time to launch a prepaid Binance card in Brazil.

Binance, the biggest crypto exchange by trading volume, has partnered with Mastercard to launch a prepaid card in Brazil. The launch is part of Binance’s “efforts to broaden the connection between traditional finance and crypto.” According to a statement given to Reuters, the product is currently in beta testing and the crypto exchange expects it to be launched in the region within a few weeks.

Cryptocurrency exchange Binance has been silently shutting down multiple accounts on the platform in relation to the Bitzlato investigation, according to several users.

What happens if the world’s largest cryptocurrency exchange with around 75% of global market volume goes under?

Binance CEO Changpeng “CZ” Zhao on Sunday announced the Binance team has burned over 16 million BNB (ERC-20) tokens. Crypto exchange Binance is converting the ERC20 version of BNB to the native BEP2 version after the launch of the BNB blockchain. The BNB price jumped nearly 2% to hit a 24-hour high of $315.

Toward the end of 2022, the market saw some FUD (fear, uncertainty, and doubt) surrounding the safety and security of Binance, one of the world’s largest and most popular cryptocurrency exchanges.