Binance, a leading cryptocurrency exchange, is facing a trademark infringement lawsuit from Mark Longo, the owner of the “Peanut the Squirrel” (PNUT) brand. According to Longo, his legal team has sent a cease-and-desist letter to Binance alleging the unauthorized use of the “PNUT” trademark and the distinctive image of Peanut the Squirrel on their platform. … Read more
Decentralized finance (DeFi) altcoin Velodrome Finance (VELO) is experiencing a significant price surge following its listing on Binance, the world’s largest cryptocurrency exchange by trading volume. Binance announced the addition of VELO to several of its services, including Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures. The news has propelled … Read more
Binance, the world’s largest cryptocurrency exchange, has amassed a staggering $24 billion in user deposits this year, according to data from DefiLlama. This figure dwarfs the inflows of its competitors, with Bybit coming in second at $8.2 billion and OKX at $5.3 billion. Binance attributes this growth to a global surge in digital asset adoption, … Read more
Binance, the world’s largest cryptocurrency exchange by trading volume, announced the delisting of three spot trading pairs: DCR/BTC, PEPE/TUSD, and ZEN/ETH. The delisting will take effect on December 13th at 03:00 UTC. This move is part of Binance’s ongoing efforts to maintain high market quality. The exchange regularly reviews trading pairs, delisting those with low … Read more
Circle and Binance, two major players in the cryptocurrency space, have announced a strategic partnership aimed at bolstering the financial services ecosystem and fostering the development of global digital assets. The collaboration, unveiled during Abu Dhabi Finance Week, will see Binance integrate Circle’s USD Coin (USDC) into its corporate treasury and suite of services. Key … Read more
Binance, the world’s largest centralized cryptocurrency exchange (CEX), has taken a significant step towards expanding its on-chain offerings. Last week, the exchange introduced support for on-chain yields, allowing users to earn rewards on their Bitcoin holdings through the Bitcoin staking protocol, Babylon. Simplifying On-Chain Staking for Users Babylon, which features self-custodial capped staking pools for … Read more
At the recent Bitcoin MENA conference in Abu Dhabi, Changpeng Zhao, the co-founder of Binance, delivered a keynote address emphasizing the future of Bitcoin as the dominant form of money. During a fireside chat with David Bailey, CEO of BTC Inc., Zhao stated, “It will take a few generations to reach 100% Bitcoin adoption.” He urged … Read more
Binance, the world’s largest cryptocurrency exchange by trading volume, announced today that it will list Magic Eden’s native token, ME. Listing Details Listing Time: 15:00 UTC on December 10th Trading Pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY Zero Trading Fees: Binance will offer zero trading fees for ME pairs to attract users. Seed Tag Applied: A … Read more
Binance, a leading cryptocurrency exchange, has listed Across Protocol’s ACX token and Orca’s ORCA token, resulting in significant price increases for both assets. Key Features of the Listing: Spot Trading: ACX/USDT and ORCA/USDT spot trading pairs are now available. Token Withdrawals: Enabled starting December 7, 2024, at 13:00 UTC. Binance Simple Earn: ACX and ORCA … Read more
The U.S. Securities and Exchange Commission (SEC) is intensifying its legal fight against cryptocurrency exchange Binance, its U.S. arm Binance.US, and former CEO Changpeng Zhao. The SEC accuses them of operating an unregistered securities exchange through the trading of BNB and ten other cryptocurrencies. The SEC’s Arguments: The SEC’s case hinges on the Howey Test, … Read more