Category: BNBTUSD

Breaking: Binance shuts C2C trading in Mainland China, offer services via partner firm

The world’s largest crypto exchange, Binance will suspend C2C trading for mainland China users. However, according to 8BTCnews, Binance has suggested its replacement with the exchange’s verified partner, a C2C trading platform called Pexpay. The unsurprising shut may be levied to China’s long-standing stance against the decentralized industry.  #Binance will stop C2C trading for mainland […]

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Breaking: Binance to acquire outstanding shares of crypto visa card issuer Swipe

Binance, the world’s leading crypto exchange by trading volume announced they would be acquiring remaining outstanding shares of the leading crypto Visa card issuer Swipe. Swipe allows customers to spend their cryptocurrencies at over 70 million locations around the globe, and its acquisition would help Binance compete with the likes of retail crypto players such […]

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Justin Sun reveals the mystery behind his $600 million ETH deposits

A series of Ether (ETH) deposits on Binance amounting to nearly $600 million from Tron founder Justin Sun puzzled many for days. The deposits started in December itself and many were worried about the probability of Sun cashing out given he has announced earlier that he will be moving away from his role as the […]

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Binance Is Replacing Its BNB Quarterly Burn With BNB Auto-Burn, Here’s What It Means

In one of its major announcements on Thursday, December 23, crypto exchange Binance announced that it will be introducing the BNB Auto-Burn feature with immediate effect in the broader interest of the Binance Smart Chain (BSC) and BNB communities. As of now, BNB is the native cryptocurrency that fuels transactions on the Binance Smart Chain […]

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Breaking: Binance announces agreement with Dubai World Trade Center to build a crypto hub

Binance the world’s leading crypto exchange by trading volume announced a new partnership with Dubai World Trade Center Authority (DWTCA) to build a crypto hub. The Memorandum of Understanding (MoU) with the DWTCA would see the global crypto exchange help Dubai become a leading center for crypto businesses and also build a crypto ecosystem that […]

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Breaking: Dubai World Trade Centre to become regulator and comprehensive zone for Crypto

The latest update from the pro-crypto nation, Dubai saw its government declare that the Dubai World Trade Centre (DWTC) will soon become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges. Dubai authorities have continued to put efforts toward enabling crypto’s mass adoption in the nation, this time […]

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Breaking: Binance Expands Business in Singapore Amid Exit Speculations

As speculations about the world’s largest exchange, Binance’s exit from its former hub, Singapore took over social media, the latest update cancelled out all rumours, and determined Binance’s expansion plans. Binance CEO, Changpeng Zhao took to Twitter today, declaring that the crypto exchange has acquired 18 per cent of Singapore-regulated private securities exchange, Hg Exchange […]

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Senate Banking Committee to Host Hearing on Stablecoins Regulation

Amid growing scrutiny on stablecoins, regulators have become determined to carve out guidelines distinguishing stablecoins legislation from that of other cryptos. In the latest update, the US Senate Banking Committee has declared the timeline for upcoming hearing on Stablecoins regulation, dated December 14, 2021, i.e., coming Tuesday. The hearing is titled – “Stablecoins: How do they […]

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Just-In: Japan to Impose Stricter Regulations on Stablecoins

The Financial Services Agency (FSA) of Japan has announced that they will follow the US regulator’s footsteps in the matter of strengthening regulatory oversight for Stablecoins. According to reports from a local publication, the FSA has declared the updated restrictions on Stablecoins issuance in the nation, in lieu of which, only banks and wire transfer services […]

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Shiba Inu Comes to Bitmart’s Rescue Post the $200 million Hack

After the crypto exchange, Bitmart fell prey to one of the biggest hacks in crypto’s recent history, amounting to $196 million in investors’ funds, the exchange has also experienced a wave of support from the entire crypto community. Earlier today, the official Twitter account of the trending meme token, Shiba Inu mentioned Bitmart’s hack in one of […]

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