DWF Labs Allocates $15 Million To Help Troubled Protocols via Binance’s Web3 Recovery Initiative
As a result of the recent turmoil in the cryptocurrency market caused by the failure of the FTX crypto exchange, several projects have taken a significant blow.
Binance Makes Japanese Debut With Crypto Exchange Purchase
Crypto giant Binance has made its debut in Japan with the acquisition of a Japanese crypto exchange named Sakura Exchange BitCoin (SEBC).
Binance and Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess
Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX.
CryptoCom Just Transferred 1.8 Trillion Shiba Inu to Binance
Singapore-based cryptocurrency exchange Crypto.com just transferred over 1.8 trillion SHIB from one of its wallets to an official Binance wallet. The transfer occurred in a batch of two 900B SHIB transactions five minutes apart, triggering questions on the actual purpose of the outflow.
Binance’s Bailout Fund Is a Welcome Backstop for Crypto — But Questions Remain
Last week, the world’s largest crypto exchange Binance formally unveiled a $1 billion “industry recovery fund” to help contain the damage dealt to the industry by the spectacular implosion of FTX. A few weeks earlier, Binance’s CEO Changpeng Zhao had played a pivotal role in the events that led to that collapse.
Binance Labs and BNB Chain Launch Season 6 of MVB Accelerator Program
Building Web3 applications means continuously reaching for new heights – from whitepaper all the way to mainnet.
Ukrainian Government Puts Binance Payment Service Integration on Hold
Ukraine has paused its planned integration of Binance's crypto payment service into the goverment's official app after backlash by the embattled nation’s crypto community.
Breaking: 127K Bitcoin (BTC) Worth Over $2 Billion On The Move
Whale Alert in a tweet on November 28 revealed that 127,351 BTC worth $2.06 billion has been transferred from crypto exchange Binance to an unknown wallet. The crypto community raised concerns about the motive behind the massive amount of Bitcoin moving from Binance.
Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless
I think most governments now understand that adoption will happen regardless. It’s better to regulate the industry instead of trying to fight against it.
Binance Releases Proof of Reserves Showing 101% Backing for $9.5B in Bitcoin Deposits
Binance, the world’s largest Centralized Exchange (CEX), has published its Proof of Reserves showing that customers’ bitcoin balances are backed on-chain at a more than one-to-one ratio.
