Tag: Binance

According to blockchain data firm CryptoQuant, between 13:11 and 13:16 UTC Wednesday, a small group of people purchased the massive amount of Bitcoin on the spot market on centralized exchanges. But why the crypto whales placed Bitcoin buying orders of nearly $1.6 billion in a few minutes on an exchange instead of an over-the-counter desk…

World’s biggest cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) and anti-money-laundering (AML) policy. Binance will limit services for existing users unless they adhere to the new requirements. As the crypto exchange claims, it requires all its users through intermediate verification to further…

Financial Times reported that a group of investors, which claims multimillion damages after a Binance service outage, has raised $5 million to sue the crypto exchange. However, the case will likely be complicated by the ambiguous legal status of Binance. Binance has explained the crash due to technical problems, engaging with users affected by the…

Today we are publishing an interview in which the expert expresses his views on why regulators in various countries across the globe have declared an all-out war on the largest crypto exchange in the market, Binance. We have recently written about how ever since the beginning of this year, Binance has come under attack from…

Binance NFT, the NFT platform of the world’s largest crypto exchange Binance, and Russia’s State Hermitage Museum announced their collaboration in the release of tokenized art from the museum collection, which will be auctioned on the NFTs marketplace at the end of August 2021. The Hermitage, one of the most significant museums in the world,…

Binance is removing its tokenized stock trading feature. The decision comes as Hong Kong’s and Lithuanian regulators issued warnings about the exchange’s registration status. Binance will no longer offer digital versions of stocks like Coinbase, Tesla, and Apple, as the crypto exchange faces growing pressure from regulators worldwide. The world’s biggest digital currency exchange by…