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Binance and The Weeknd Partner to Offer Fans Immersive Metaverse Experience

June 20 (Cointime) - Binance has teamed up with The Weeknd to provide his fans with a metaverse experience that allows them to interact with him in new ways.

Binance Issues Cease and Desist Order to UK-based Scam Company

June 20 (Cointime) - Binance, a cryptocurrency exchange, has issued a second cease and desist notice in a week to a fraudulent company using its name. The notice was issued to UK-based Binance Ltd, which Binance described as a "scam company" that has no affiliation with Binance.

Binance Faces Legal Complications and Key Executive Departures in Europe

June 20 (Cointime) - Binance, the world's largest cryptocurrency exchange by trading volume, is reportedly facing legal complications from global financial regulators. The exchange is also experiencing an internal situation as key executives responsible for expanding operations in Europe have left or are about to leave the firm.

Binance Working To Integrate Bitcoin Lightning Network for Deposits and Withdrawals

June 20 (Cointime) - Binance has announced that it is working to integrate the Bitcoin Lightning Network into its deposit and withdrawal system. Some eagle-eyed users recently spotted Binance's new Lightning nodes, confirming the news. However, there is still more tech work to be done. Binance will update once the Bitcoin Lightning Network is fully integrated.

Binance’s UK-Registered Address Is a Small Building Shared by Thousands of Other Companies

June 20 (Cointime) - Binance, one of the world's largest crypto exchanges, has a registered address in the UK that is shared with thousands of other companies. The address, located in a small town in Suffolk county, is actually a virtual registered address service provider called OfficeServ.

Another Whale Withdraws $17.3 Million From Binance

June 20 (Cointime) - According to Lookonchain, another whale withdrew 10,000 Ethereum (worth approximately $17.3 million) from Binance about 40 minutes ago.The details of the transaction can be viewed at the following link: <a href="https://etherscan.io/address/0x9c091e66aec6b477194d2ef7d5ad52be0a24d3ee">https://etherscan.io/address/0x9c091e66aec6b477194d2ef7d5ad52be0a24d3ee</a>.This is another large withdrawal event that Binance has recently experienced, which has attracted widespread attention from the market.

Smart Money oilysirs.eth Switches to OP Coin After the Launch of OP Stack Layer 2 Network on BNB Chain

June 20 (Cointime) -According to @EmberCN, Smart Money oilysirs.eth swapped $550,000 worth of ARB currency for $482,000 worth of OP currency after the launch of the opBNB testnet, a Layer 2 network based on the OP Stack, on BNB Chain. It is uncertain whether this decision was influenced by the opBNB testnet launch.

PEPE Token Holders Rise Despite Falling Prices and Binance Delisting

June 20 (Cointime) - Despite a 78% drop in value from its May 2023 peak, the number of unique addresses holding PEPE tokens has increased to 119,229 as of June 19, according to Etherscan data.

Shiba Inu Meme Coin Transfers and Burn Rate Increase, SHIB Price Rises and Falls

June 19 (Cointime) - Recent data from Etherscan shows that large transfers of Shiba Inu meme coins have occurred, with a total of 27.6 billion SHIB being moved in five transactions. Anonymous wallets moved around 17 billion SHIB to addresses linked to major crypto exchanges Binance and Coinbase.

Binance UK subsidiary cancels FCA registration, no longer authorized for regulated business in the UK

June 19 (Cointime) - Binance's UK-based subsidiary, Binance Markets Limited (BML), has cancelled its registration with the Financial Conduct Authority (FCA), meaning it is no longer authorised to undertake regulated activity in the UK. The FCA confirmed the cancellation on its website.