Cointime

Download App
iOS & Android

Binance

BNB

ALL From Binance

Binance Backtracks on Delisting Privacy Coins, Thanks to Community Pressure

July 3 (Cointime) - Binance has reversed its decision to delist privacy coins for users in several European countries, including Italy, Poland, Spain, and France. The move is a significant win for privacy advocates, as privacy coins offer enhanced transactional security and empower individuals against financial surveillance. Privacy coins' fungibility, which makes each individual unit interchangeable and censorship-resistant, is an advantage they hold over almost every other cryptocurrency.

Binance has released a XIRTAM Refund Application Form to Collect Victim Address

July 2 (Cointime) - Binance has released a form for XIRTAM refund requests, which only collects addresses of XIRTAM project victims. Binance stated that it has received several reports regarding the XIRTAM incident and is fully aware of the severity of the problem. An investigation has been immediately launched and action taken. Funds suspected of fraud have been frozen in the Binance account. Users are strongly advised to be vigilant and ensure the safety of their assets.

Binance Conducts 11th Terra Classic Burn, 2.65 Billion LUNC Tokens Burned

July 2 (Cointime) - Binance, the world's largest cryptocurrency exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th batch of the burn mechanism, bringing the total number of LUNC tokens burned by Binance to over 35.5 billion. The Luna Classic burn mechanism automatically burns tokens whenever a transaction occurs on the network, reducing the total supply of tokens and increasing their value over time. The LUNC burn rate has improved over the past two months thanks to initiatives from projects like DFLunc, TerraCasino, and Cremation Coin, resulting in the successful burning of a total of 68 billion LUNC tokens by the community. Despite Binance's burn, the LUNC price remains under pressure and has continued to decline.

Binance CZ : PolyNetwork attack does not affect Binance Users

July 2 (Cointime) -Binance CZ : This does not affect Binance users. We do not support deposits from this network. Our security team is assisting them in its investigations though.

A Whale withdrew 2.86M CRV ($2.2M) from Binance

July 2 (Cointime) -According to Lookonchain, A fresh wallet created 20 hrs ago withdrew 2.86M $CRV ($2.2M) from #Binance.

Binance Collaborates with Israel's Ministry of Defense to Seize Millions of Dollars Linked to Iran's Quds Force in Counterterrorism Operation

June 30 (Cointime) - Binance has announced a partnership between its Sanctions Investigation Team and Israel’s Ministry of Defense to combat terrorism financing operations linked to Iranian and Hezbollah terrorist groups. The operation aims to track down terrorism financing operations linked to the Islamic Revolutionary Guard Corp, Quds Force.

Bitcoin Holds Above $30,000 as Fidelity Submits Spot ETF Application and Binance Faces Euro Banking Partner Troubles

June 30 (Cointime) - Bitcoin experienced a 2.36% increase from June 23 to June 30, reaching US$30,802 at 7:30 p.m. Friday in Hong Kong, while Ether rose by 0.55% to US$1,890 over the week. Fidelity submitted its spot Bitcoin ETF application, indicating a growing interest in cryptocurrencies among institutional investors. Binance faced issues in Europe and had to change its euro banking partner after Paysafe Payment Solutions stopped offering euro payment support for the exchange.

Blofin, a British cryptocurrency exchange, expands into Vietnamese Market

June 30 (Cointime) - Blofin is customizing its services to cater to the specific language and requirements of the Vietnamese population. The exchange has also established a dedicated support team to ensure prompt assistance for user inquiries in the country.

Binance Focuses on Future Growth Despite Regulatory Hurdles

June 29 (Cointime) - Despite facing regulatory challenges and losing market share, Binance remains focused on future growth and development. The exchange is implementing machine learning and AI to enhance security and prevent scams on its P2P platform, as well as using computer vision and AI for its KYC process.

Binance Crypto Custody License Application Denied by German Regulator BaFin

June 29 (Cointime) - Binance has reportedly been denied a custody license by Germany's financial watchdog, according to sources cited by Finance Forward. It is unclear whether this is a formal decision or an intention expressed in ongoing discussions.