The cryptocurrency market is facing a short-term correction after a sustained bull run since early November. Among the altcoins, Binance’s native token, BNB, has dropped 1.5% in the past day but is up 1.64%. This is despite the latest legal challenges facing the exchange in Australia. The Australian Securities and Investments Commission (ASIC) is suing…
On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic partnership to promote USDC, a stablecoin jointly owned by Circle and Coinbase. The collaboration comes as stablecoins gain traction in mainstream finance and competitors seek to challenge the dominance of market leader Tether. The Alliance Details about revenue sharing in this arrangement remain…
Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and…
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome…
Advertisement     A crypto trader made over $500K in profit in about 30 minutes by trading Thena ($THE) tokens. This comes on the heels of the Binance listing, which sent the asset on an uphill climb. Thena claims to be an innovative decentralized liquidity layer deployed on the BNB network and has garnered…
Binance expands its compliance team to meet the growing needs of the crypto industry and its user base. Compliance Remains Vital for Binance By the end of the year, Binance, one of the world’s largest cryptocurrency exchanges, plans to have 645 full-time compliance staff members—a 34% increase from November 2023—as it continues to expand its…
On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently. The “Exchange Netflow” here…
A Dutch court ordered Binance to disclose the identity of an account holder linked to a €186,000 scam. The ruling comes after a woman fell victim to a sophisticated dating app scheme, losing a significant amount of money through fraudulent cryptocurrency investments, local media outlet CuracaoChronicle reported. The victim, reportedly enticed by a person she…
Donald Trump’s win triggered massive gains for not just digital assets but also crypto-related stocks, and ETF flows on November 6 and 7 as stakeholders await potential regulatory clarity, legislative advancements, and expected shifts within the Securities and Exchange Commission. Following the results, data showed billions worth of ERC-20 stablecoins flowing into exchanges. This could…
Binance is shifting its focus to increase cryptocurrency adoption in Thailand which could transform the future of digital assets in the Asian region. Binance announced it wants to make virtual coins a mainstream currency in the Thai market, which could propel the crypto platform to hit 1 billion users. Binance Chief Marketing Officer Rachel Conlan…