Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have full access to Binance’s platform. Binance Now Fully Available for Indian Users Crypto exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Tag: Binance
Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Crypto Exchange Binance Completes Registration With India’s FIU-IND Just Months After $2.2M Fine
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Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
Binance, the world’s largest cryptocurrency exchange, will pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) as a settlement for offering derivatives trading services in the country without receiving the corresponding license. Source
Binance Says Venezuela Platform Is Being Hit by Access Restrictions
“Like several company websites in different segments in Venezuela, including social media, Binance’s pages have been facing access restrictions,” the exchange posted on Friday. The company said it was “monitoring the situation closely to address it in the best and fastest way possible” and that users’ funds were “SAFU,” an acronym for Secure Asset Fund for Users. Source
Tigran Gambaryan Is Being Denied Access to Lawyers, Health Deteriorating; Binance Executive’s Family Says
“The herniated disc in Tigran’s back requires highly specialized and risky surgery. He has had so many throat infections as well as pneumonia at Kuje, that he now also requires a further surgery to remove his tonsils. As he is mostly bedridden, he is now having to take blood thinners to avoid blood clots,” the family said. Source
Binance to convert Monero, Bitcoin Gold to USDC, delist Loom Network
Binance is set to convert over a dozen tokens into the USDC stablecoin while also delisting six additional tokens as part of its latest platform adjustments. Cryptocurrency exchange Binance is set to convert multiple tokens on its platform to USDC based on users’ holdings in their wallets as the exchange continues aiming to simplify trading pairs. In an Aug. 12 blog notice, the exchange said it will convert 15 tokens, including privacy-oriented Monero (XMR) and Bitcoin Gold (BTG) into Circle’s stablecoin USD Coin (USDC). Binance did not reveal the reason…
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as […] Source CryptoX Portal
Toncoin Soars 14% After Binance Listing, TON Breakout Ahead?
Toncoin (TON), the native token of The Open Network, has been one of the best performers this cycle. The token registered a 200% surge in the last six months, flipping Dogecoin (DOGE) by market capitalization. As a result, the crypto exchange Binance announced the listing of TON on August 8, which propelled the price by over 10%. Related Reading Toncoin Soars 14% After Binance Listing On Thursday, Binance, the largest crypto exchange by trading volume, announced it would list TON on the trading platform. The exchange stated that the seed…
TON Climbs 10% Ahead of Binance Listing
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it the eighth largest crypto asset […] Source BitcoincryptoexchangeExchanges CryptoX Portal