Tagged: binance

SEC Refers to Solana (SOL) and Polygon as Securities, As Industry Participants Seek Regulatory Clarity

tZERO pointed out that the SEC recently referred to Solana and Polygon as securities. tZERO recently noted that it happens to be one of the only two licensees for a regulated special purpose broker-dealer digital asset security custodian and specializes in compliant digital securities. The… Read More

Binance Labs Announces Investment in AI and Predictions Markets focused Ecosystem Sophon

Binance Labs has reportedly made an invested in Sophon, which is described as an ecosystem for apps focused on the gaming sector, social, AI, prediction markets and a range of other use-cases. With the vision of changing how users live, play, create, and connect in… Read More

Binance Incorporated into Argentina’s Virtual Asset Service Providers Registry by National Securities Commission

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

Binance to Enhance Digital Assets Trading Experience with New Initiative

Binance is enhancing the trading experience with First-in-Market Token Unlock and a vesting schedule. Integration of CoinMarketCap data into Binance allows users “to conveniently view token unlock schedule and make more informed decisions.” Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by… Read More

Binance Labs Invests in OpenEden to Enable Growth of Tokenized Real-World Assets (RWAs) in DeFi

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

Blockchain Tech Allows Fintechs to Bypass Traditional Banking Systems, Slashing Fees, Enabling Seamless Transfers – Report

Binance has released an update entitled, Blockchain in the Modern Payments Landscape: Synergy and Transformation. Binance Research has shared that key takeaways as follows: This Binance Research report looks at “the state of modern payments, its main pain points, and how blockchain payments can address… Read More

Crypto Exchange Binance to List MiCA-Regulated Stablecoin Eurite (EURI)

Binance says it will be listing Eurite (EURI) and introduce EURI zero trading fee promotions as well. Binance reminds users to do their own research before making any trades for the aforementioned token outside Binance in order “to avoid any scams and ensure safety of… Read More

Binance Helps Hong Kong Police in Kidnapping Case

Global crypto exchange and digital asset innovator Binance has received a letter of appreciation from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF). The letter was in recognition of their assistance in a kidnapping case. According to the letter signed… Read More

Binance Reports Global Regulatory Milestone with Registration in India

Binance has reportedly achieved its 19th global regulatory milestone with registration in India. As part of their ongoing efforts to uphold regulatory standards, Binance says it is pleased to announce that firm has “registered as a reporting entity with India’s Financial Intelligence Unit (FIU).” This… Read More

Binance Reports Reclaiming $73 Million in Stolen Funds

Binance is reporting that it has reclaimed more than $73 million in funds pilfered by hacks. The Binance security team is said to have recovered the funds as of July 31st, topping the $55 million recovered in 2023. Binance touts that it has partnered with… Read More

Binance Labs Announces Investment in aPriori, a Project Focused on Miner Extractable Value-powered Liquid Staking Solutions

Binance Labs, the venture capital and incubation arm of Binance, has invested in aPriori, a project focused on Miner Extractable Value (MEV)-powered liquid staking solutions on Monad, a high-performance Ethereum-compatible L1 smart contract platform. aPriori’s mission is to “decentralize Monad’s network and enhance the user… Read More

SEC to Amend Complaint Against Binance, Solana’s SOL and Other Major Altcons No Longer Defined As Securities

The US Securities and Exchange Commission (SEC) may be withdrawing its charges against third-party crypto tokens like Solana’s SOL as well as Polygon’s MATIC. These digital tokens have been part of the regulator’s lengthy case against crypto exchange Binance, Breaking: #Solana $SOL is no longer… Read More

Crypto Market Downturn Accompanied By DeFi Total Value Locked Experiencing 8.7% Decline in TVL in June – Report

Binance Research has examined key Web3 developments in June 2024 to provide an overview of the ecosystem’s current state. Binance Research analyze the performance of crypto, DeFi, and NFT markets. Despite a strong start to the month of June, the market “encountered major sell-offs and… Read More

Binance Says Latest Development Is A Positive Step After US Judge Struck Serious Blow to SEC Chair Gensler’s Regulation-by-Enforcement Approach

On Friday, June 28, 2024, Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia appeared to have struck a major blow to the US Securities and Exchange Commission (SEC) Chair Gary Gensler’s “regulation-by-enforcement” campaign being carried out against secondary crypto-asset… Read More

Binance Assists Crypto Exchange BtcTurk Following Major Security Breach and Hack

Digital currency exchange Binance is reportedly assisting in investigating a recent attack carried out against Turkish crypto exchange BtcTurk, with more than $5 million in pilfered funds now having been frozen. This, according to social media update from Binance CEO Richard Teng. Teng noted that… Read More

Binance Labs Invests in Rango, a Decentralized Exchange and Bridge Aggregator

Binance Labs, the venture capital and incubation arm of Binance, has invested in Rango, a cross-chain decentralized exchange (DEX) and bridge aggregator. Rango’s interoperability enables easy transacting “across diverse blockchain ecosystems to drive DeFi growth.” With its expansive capabilities and support for major blockchains including… Read More

Ethereum ETFs Coming Soon to US Markets

The Securities and Exchange Commission (SEC) is poised to green-light Ethereum (Ether) ETFs after years of pushback. As of this writing, it was not clear as to when these products would commence trading. Earlier this year, the SEC approved spot Bitcoin ETFs for trading after… Read More

Binance Labs Invests in Zest Protocol to Provide On-Chain Bitcoin Lending via Stacks Blockchain

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way. Existing solutions have been largely “dependent on centralized entities with… Read More

India Approves Binance and Kucoin for Cryptocurrency Trading

The Financial Intelligence Unit (FIU) of the Indian government has granted Binance and Kucoin, offshore cryptocurrency exchanges, the approval to register and operate as virtual asset service providers in India. This pivotal decision allows them to engage in a broad array of digital asset services,… Read More

Canada’s FINTRAC Imposes Administrative Monetary Penalty on Binance Holdings Ltd

FINTRAC announced that it has imposed an administrative monetary penalty on Binance Holdings Limited, also operating as Binance Holdings (IE) Ltd., Binance.com, Binance Global and Binance. This foreign money services business was “imposed an administrative monetary penalty of $6,002,000 on May 7, 2024 for non-compliance… Read More

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