Binance’s CEO $1 billion rescue plan fails, NuggetRush and Render keep delivering
Binance fails to implement its crypto market recovery fund, yet BNB forecasts remain bullish. Render’s (RNDR) Stable Diffusion Jobs spur high network activity. NuggetRush (NUGX) is building a community of interested…
Binance’s EUR banking partner announces plan to halts support
Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance.US announced its banking partners had…
Binance’s BNB Chain launches a layer-2 network
Key takeaways BNB Chain has introduced a new layer-2 chain powered by the Optimism OP Stack. BNB Chain hopes the new L2 chain will address the blockchain’s scalability challenges. BNB…
Is Binance’s dominance falling?
Key Takeaways Binance’s share of trading volume is at 48%, despite being 66% at the start of the year Exchange has landed in hot water over a multitude of regulatory…
Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading
Commodity Futures Trading Commission (CFTC) made a surprise lawsuit against Binance. The lawsuit has labelled Bitcoin, Ether, Binance USD, Tether and Litecoin as commodities. CFTC also made allegations of market…
We can meet 100% of withdrawals, says Binance’s Changpeng Zhao
CZ dismisses concerns over whether Binance could handle a $2.1 billion withdrawal. The CEO confirmed that the crypto exchange could meet 100% of withdrawals on its platform. Binance has very…
Will this “worrying” Binance’s proof of reserves crash BNB further?
Binance has been criticised for the quality of its proof of reserves Mazars say the crypto exchange is 97% collateralised BNB trades down and could find support at $266 The…
Don’t fight crypto, regulate it, says Binance’s Changpeng Zhao
Changpeng Zhao (CZ) has urged governments to regulate crypto instead of fighting it. CZ claims that most governments now understand how cryptocurrencies work. The adoption of cryptocurrencies will happen regardless,…
This week in crypto: Binance’s $1 billion recovery fund already has contributors
Jump Crypto, Polygon Ventures, and Justin Sun have indicated the desire to contribute to Binance’s recovery fund. Genesis could file for bankruptcy if it fails to get funding as FTX’s…
Binance’s Halloween ‘crypto creepers’ series looks to debunk Web3 myths
Binance says ‘Winny the Web3 Witch’ will help ‘take the creepy’ out of crypto and Web3. Binance has unveiled a new educational series it says should do the trick when…