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Report: ECB President Personally Blocked Binance’s EU License

Christine Lagarde personally asked Greek Prime Minister Kyriakos Mitsotakis to block Binance’s bid for a license to operate across the European Union, according to a Wall Street Journal report citing people familiar with the discussions. The intervention came after Greek regulators had all but signed off on the application, raising an obvious question about how […]

Major Binance Warning: The Exchange Will Briefly Suspend Deposits and Withdrawals Next Week

Binance users should prepare for a temporary interruption to some main services at the start of next week due to scheduled maintenance. On the bright side, the disruption is expected to last only about an hour, after which all operations should return to normal. Cause for Concern? Binance announced it will perform an infrastructure wallet […]

Binance Unveils Multiple Delistings: Check Out the Affected Cryptocurrencies

The world’s largest cryptocurrency exchange will end support for several trading pairs across its margin and spot sections. Many of the involved digital assets have entered red territory today (September 16), but is Binance the sole reason for their poor performance? The Upcoming Delistings The company conducts periodic reviews of all listed trading pairs on […]

Crypto Equity Perpetual Volume Hits $250B in July, Up 17x in Three Months: CryptoQuant

Equity perpetual futures on major digital asset exchanges reached about $250 billion in monthly volume in July. That marks a seventeenfold jump from roughly $15 billion in April, showing how quickly the market has expanded in just three months. According to analytics firm CryptoQuant, that expansion has turned crypto exchanges into round-the-clock venues for contracts […]

Attention Binance Users: Some Services Will Be Temporarily Stopped This Week

The world’s leading crypto exchange will briefly halt certain trading services later this week to successfully perform a scheduled upgrade. It will also delist trading pairs and digital assets that no longer meet the necessary standards. TRX Investors, Take Note Binance will conduct wallet maintenance for the Tron Network on August 13, which is expected […]

Binance Pauses Services and Delists Several Crypto Pairs: Who Is Affected?

The world’s largest cryptocurrency exchange will conduct a major scheduled upgrade on Saturday that will pause certain trading activities. The second major statement from the firm outlined the delisting of numerous trading pairs, one even against BTC. An Upgrade and Delistings Binance revealed that it will temporarily halt US stock trading on the platform on […]

Major Binance Announcement Concerning Many Users: Details

The world’s largest crypto exchange has run into serious trouble with EU financial regulators, and the uncertainty has triggered concern among its user base. Despite its issues in Europe, however, Binance has strengthened its global presence after officially entering the Philippines. The Push in Asia Several hours ago, Binance’s co-founder and chief customer service officer, […]

UK Investors Sue Binance and Former CEO Changpeng Zhao for $200M

1,700 UK investors have launched a group lawsuit in London’s High Court against Binance and founder Changpeng Zhao. The claimants say the pair sold risky crypto derivatives products to retail investors without authorization. UK Investors Demand $200M from Binance The plaintiffs allege that between around late 2019 and 2020, Binance offered products such as leveraged […]