Istanbul, Turkey – October 5, 2023 – The global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, Binance, today announced the first wave of speakers for its annual flagship conference Binance Blockchain Week in Istanbul from November 8 to 9, 2023. Rachel Conlan, Chief Marketing Officer at Binance, shared: “We are very excited […]
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in the long-term growth of the Web3 industry around the world and […]
Binance Advises Paysafe Users to Convert Euro Balances to Tether
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits and withdrawals in the common European currency. Binance Urges …
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $ 1 billion, collectively constituting 14.39% of the crypto economy’s total value of $ 1.05 trillion. Among these 13 digital currency trading platforms, Binance stands out by maintaining a 42.81% share of the $ 151.08 billion …
US Authorities Seize Crypto Linked to Pig-Butchering Scam Held at Binance
U.S. authorities are seeking to recover cryptocurrencies linked to the popular pig-butchering crypto scam. “Law enforcement was able to trace cryptocurrency involved in the fraud and money laundering to two Binance accounts, where it was seized,” the United States Attorney’s Office for the District of Massachusetts has revealed. US Continues to Crack Down on Pig-Butchering […]