Here’s what Binance has scheduled for April 7. The number 1 crypto exchange by total users, trading volume, and many other metrics will conduct two wallet maintenance sessions later this week. The process will disrupt some important operations, though it is expected to conclude swiftly. The Upcoming Interruptions Binance revealed that it will perform…
TLDR: Gold dropped over 17% from its all-time high above $5,300 reached at the end of January 2025. Binance recorded $6.6B in single-day gold futures trading volume as prices neared $4,400 on March 23. Weekly gold futures volume on Binance surpassed $17B, setting a record since its January launch date. Binance has logged over $72B…
The U.S. Justice Department is investigating whether Iranian networks used cryptocurrency exchange Binance to move funds and evade American sanctions, according to a report by The Wall Street Journal. The probe focuses on more than $1 billion in crypto transfers that allegedly passed through the platform to entities linked to Iran-backed groups, including Yemen’s Houthi…
Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity…
TLDR Senate Democrats urged the Justice Department and Treasury to investigate Binance over alleged Iran sanctions violations. Lawmakers cited reports that $1.7 billion in digital assets moved to Iranian entities through Binance. The senators raised concerns that Binance may have breached its 2023 federal settlement obligations. The letter referenced Binance’s ties to a Trump family-backed…
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Advertisement     Richard Blumenthal, the leading Democrat on a Senate Homeland Security investigative panel, has initiated an investigation into Binance after reports raised concerns about potential sanctions violations by the crypto giant. Blumenthal, a Connecticut senator, sent a formal letter to Binance seeking clarification on the alleged $1.7 billion in transfers from platform…
TLDR: Binance holds $47.5B in USDT and USDC reserves, a 31% year-over-year increase from $35.9B in 2024. CryptoQuant confirms Binance commands 65% of total stablecoin liquidity across all centralized exchanges globally. OKX, Coinbase, and Bybit trail with 13%, 8%, and 6% shares of total CEX stablecoin reserves respectively. Bear market outflows have slowed to $2B…
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Binance is the most popular cryptocurrency exchange and the largest by trading volume and has served millions of users.Whether you are new to cryptocurrency trading or familiar with other exchanges, the Binance trading platform can be a great place to start or diversify your portfolio. Since you are considering using Binance for crypto trading, it…
Swiss banking giant UBS, with assets under management (AuM) of up to $7 trillion, is set to launch Bitcoin trading for some of its clients. This comes amid predictions that regulatory clarity and broader adoption could send the BTC price to as high as $200,000. UBS To Offer Bitcoin Trading To Some Wealth Clients Bloomberg…