Binance to Phase Out BUSD Stablecoin by 2024
Binance, the world’s largest cryptocurrency exchange, has announced that it will gradually end support for its BUSD stablecoin products. On August 31st, Binance released a...
Tag : Binance
Binance Thrives with $90B Trading Despite China’s Crypto Crackdown
Despite China’s efforts to regulate cryptocurrency, Binance, the largest crypto exchange in the world, saw a staggering $90 billion in crypto trading from users based...
Bitcoin Lightning Finally Strikes Binance
The Bitcoin Lightning Network is a Layer 2 solution that enables faster and cheaper transactions for Bitcoin users. It works by creating payment channels between...
Bitcoin Lightning Network Coming Soon to Binance Platform
Binance, one of the largest cryptocurrency exchanges in the world, has finally integrated the Lightning Network, a second-layer solution that enables fast and cheap transactions...
BNB and BTC Lose Value as SEC Targets Binance in Lawsuit
The cryptocurrency market has been shaken by a recent lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance, the world’s largest crypto...
Binance Burns 1.04 Billion LUNC in Latest Monthly Burn Event
Binance, the world’s largest crypto exchange, has been burning billions of Terra Luna Classic (LUNC) tokens in a monthly mechanism that aims to reduce the...
Binance CEO Changpeng Zhao Speaks on the Potential of Buying a Bank as a Solution
Binance Chief Executive Officer (CEO) Changpeng Zhao dismissed the notion of purchasing banking institutions as a solution to the prevailing debanking issue facing the crypto space during a...
Binance Aids US Authorities in Recovering $4.4 Million Stolen by North Korean Scammers
Binance, one of the leading cryptocurrency exchanges, announced its collaboration with US law enforcement authorities to freeze $4.4 million worth of crypto assets associated with...
Binance Escapes $8 Million Lawsuit Over Tinder Pig Butchering Scam
Binance, the world’s largest crypto exchange, has successfully been exonerated from a lawsuit related to an online scam known as the “pig butchering” scheme, which...
Binance’s Dominance in Crypto Exchange Market Declines
The crypto exchange giant Binance has seen its spot trading volume market share decline from 62.1% in March 2023 to around 47% in May 2023,...