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Binance News and Articles



Binance SEC Investigation

SEC Started Investigating Binance Over the BNB Sale

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The Securities and Exchange Commission of the US is investigating Binance in connection with the sale of the platform's BNB coin in 2017, when the company raised $15M. The agency is to find out whether Binance broke securities laws by selling the coins at the time of the launch. According to a...

Binance The Weeknd Tour

Binance Sponsors the Weeknd’s World Tour

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Popular digital assets platform Binance officially sponsors The Weeknd’s tour "After hours Til Dawn," which will start next month. It’s the first time a major crypto firm funds a famous artist. "After hours Til Dawn" is the 7th concert tour by award-winning singer-songwriter...

Elon Musk Twitter Binance

Binance Is Among Investors Backing Musk's Twitter Buyout

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Leading cryptocurrency exchange Binance backs Tesla CEO Elon Musk's purchase of Twitter. According to an SEC filing, the company committed $500 M in equity financing. Binance is one of 19 equity investors. According to the document, the raised amount is above $7 bln. Other participants include...

Binance

Binance Seizes $5.8M in Crypto Assets Related to Ronin Hack from Hackers

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Bitcoin exchange Binance returned part of the $5.8 million worth of Axie Infinity assets stolen by hackers, CEO Changpeng Zhao said. On March 23rd, unidentified individuals hacked the Ronin Ethereum sidechain and withdrew approximately $625 million in ETH and USDC. The incident became known six...

Binance Russia crypto limits

Binance Puts Some Limits on Services for Russian Users

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Major crypto exchange Binance revealed limiting services for Russian users after the European Union's new package of sanctions. The company said that it is required to limit services for natural persons and legal entities in Russia that hold crypto assets worth over 10,000 euros (equal to...

Binance

Binance continues to restrict opportunities for Russian traders

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In early March, the Binance administration announced that the company would not leave the Russian market. However, the exchange will limit the service to users as part of compliance with the sanctions legislation. This week it became known about new restrictions on investors from the Russian...

Binance Ontario Canada

Binance Will Stop Operations in Ontario, Canada

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Crypto exchange Binance released a document, confirming to the Ontario Securities Commission that it ceases opening new accounts for Ontario residents. With some exceptions to protect investors, the exchange will cease trading in existing Ontario accounts. It will also provide fee waivers and...

Binance Pancake swap

PancakeSwap and Binance Rolled Out a Mini Program for Mobile

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Leading crypto trading platforms PancakeSwap and Binance released the initial version of the Mini program in Binance mobile app. The blog post published on March 17 by the Binance team reveals that starting from the date Binance mobile users will progressively receive access to PancakeSwap. The...

Binance Dubai UAE license

Binance Secured a License to Operate in Dubai, UAE

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Binance has expanded its presence in the Middle East receiving a virtual asset license in Dubai, UAE. The news comes just two days after the company was granted a license from Bahrain’s CB. In the initial regulatory stage under the supervision of the Virtual Asset Regulatory Authority (VARA),...

Matic

MATIC withdrawals and deposits are temporarily suspended on Binance

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The popular cryptocurrency exchange Binance announced last night that the deposit and withdrawal of coins from the Polygon - MATIC project will be temporarily suspended. This information was also confirmed by the developers of the digital asset directly. The prehistory of the current situation lies...

Binance license Bahrain

Binance Gets Its First License in Bahrain

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Popular crypto exchange Binance revealed being granted a crypto service provider allowance from Bahrain’s Central Bank. The Binance team released a blog post, saying that the step is a major gain for the company as it is their first crypto asset provider in the alliance of the six Middle Eastern...

Binance Bifinity

Binance Launches Its Payments Technology Company, Bifinity

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Leading crypto trading platform and development infrastructure provider Binance announced the launch of its fiat-to-crypto payments company, Bifinity. Bifinity supports more than 50 crypto assets and popular payment methods like VISA, Mastercard, and more. Powered by Binance, Bifinity is a...

Binance

Binance exchange limited service for Russian traders

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This week, many cryptocurrency exchanges have announced that they are no longer serving Russian users. Only the Binance platform has stated that it will not leave the Russian market but plans to comply with the sanctions imposed on the country. At the end of this week, it became known that the...

Binance

Binance returns to the Malaysian market

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The world's largest cryptocurrency exchange Binance faced big problems last year. It was forced to curtail the service of traders in several countries at once under pressure from supervisory authorities. This year, Binance suspended operations in Israel as local authorities demanded that it comply...

Binance about sanctions russia

Binance CEO Says Blocking All Russian Users Is Unethical

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The CEO of the largest crypto exchange by volume, Binance, said that it would be unethical for Binance to block all Russian accounts. In an interview with Bloomberg, Changpeng Zhao (CZ) said that the exchange follows sanctions rules very closely, and whoever is targeted by sanctions won't be able...

SEC investigates Binance

The SEC Investigates Crypto Platform Binance

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The US SEC started an investigation of the crypto company Binance and two other trading platforms; Merit Peak Ltd and Sigma Chain AG. The two function as market makers that purchase and sell cryptos to Binance US to reduce price volatility. According to a report by Wall Street Journal, the agency...

Binance Coinbase

Binance and Coinbase remain the most popular crypto exchanges

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Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits. The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than...

Binance

Binance commented on the blocking of Nigerian accounts

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It became known that the largest crypto exchange Binance has introduced restrictions for users from Nigeria over the past few days. In total, more than 280 accounts were blocked, according to a letter from the administration of the trading platform addressed to the crypto community from this...

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