Search results by “binance”

Binance sees major withdrawals and BUSD redemptions after regulators crack down on Paxos. 💪 Despite that, withdrawals were managed with ease. 💰

Paxos in hot water! 💥SEC accuses Paxos of violating laws with BUSD. 30 days to fight back. Paxos to stop issuing BUSD ordered by NYDFS🚶‍♂️

🚀Binance is back in S. Korea after 2 years! They just acquired a majority stake in GOPAX, a struggling crypto exchange 💰.

Looks like the bids for Celsius are dead 💔 Turns out, even creditors and top management were left in the dark. Talk about a surprise twist in the #CelsiusSaga. 😲

The market capitalization of the Binance USD stablecoin (BUSD) has declined over the past two months. According to CoinGecko, the circulating supply fell to $15.4 billion on Wednesday, losing $1 billion in a week and $2 billion in a month. In early December, BUSD’s market capitalization exceeded $22 billion. Immediately after the temporary halt in […]

Institutional investors will soon be able to store their off-exchange collateral in cold wallets through Binance Custody, according to a recent announcement. The move comes in the wake of dwindling trust in centralized crypto companies following the collapse of FTX. Binance is trying to restore that trust by keeping leveraged positions off the internet. Binance […]

The U.S. Securities and Exchange Commission finds Binance.US’s $1 billion deal to buy Voyager Digital insufficient, emphasizing the size of the deal and the unreliability of the origin of Binance.US’s assets. On January 4, the SEC filed an objection to authorizing entry to Binance.US’ purchase of Voyager Digital, stressing the latter still seeks conditional approval […]

ANC Pharmacy, one of the largest pharmacy chains in Ukraine, has announced that it will accept cryptocurrency payments via contactless payment service Binance Pay. Customers will be able to make instant payments while purchasing pharmacy products online at ANC Pharmacy, as well as pharmacy stores Kopiyka and Shara, using Binance Pay. The new feature will […]

The crypto exchange Binance has prepared answers to all the latest media FUD in its blog. Let’s review the points together and see if the exchange has answered all the questions. The blog post starts with “After the stress test, we will win the trust of more users.” Recall the stress test in question: The […]

Four accounting giants, Deloitte, Ernst & Young, KPMG, and PricewaterhouseCoopers, are unwilling to audit Binance, despite one of them still working extensively with Coinbase. The largest crypto exchange Binance is looking for another auditor for its proof-of-reserves after mixed public reaction to an audit conducted by Mazars. In simple words, after the publication, both Binance […]