Binance Burns Over 6 Billion Terra Classic ($LUNC) Tokens
The world’s largest <a href="https://coingape.com/glossary/crypto-exchange-2" target="_blank">crypto exchange</a> Binance has burned over 6 billion Terra Classic (LUNC) tokens in the 6th batch of the LUNC burn mechanism. With the latest burn, Binance has burned almost 20 billion LUNC tokens in total from trading fees on LUNC spot and margin trading pairs. As a result, the Terra Classic price jumps nearly 2% in the last 24 hours.
Binance Hires Audit Firm That Served Donald Trump To Verify Crypto Reserves
Cryptocurrency exchange Binance is working with accounting firm Mazars as part of its proof-of-reserve (PoR) audits triggered by the fall of FTX.
Binance Users Head Out of the Exchange After FTX Collapse
Starting from November 7th, the BTC Netflow indicator (Inflow — Outflow) on the Binance exchange began to fluctuate wildly. On November 11, it reached a record low for the month. Users have withdrawn more than 42 thousand BTC from the platform.
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager of Binance Japan. (Bitcoin.com)
Binance Reenters Japan With the Acquisition of SEBC Crypto Exchange
The acquisition marks the beginning of Binance’s return to the Japanese market as a Japan Financial Services Agency (JFSA) regulated entity.
Binance Acting Like a Crypto Central Bank: 3 Implications for the Sector and Your Portfolio
Binance announced forming an industry recovery fund to help otherwise strong projects in a liquidity crisis.
Simply Explained: The Conflict Between Binance and FTX
Most market participants and watchers don’t know that this conflict dates back to 2019, but it’s only now that it’s felt.
Binance, Coinbase, Kraken Ordered to Disclose User Data in Hack Probe
Six exchanges — including Binance, Coinbase, Luno and Kraken — will have to share user data to help trace $10.7 million in funds stolen from an unnamed UK-based exchange in 2020. London’s High Court issued a court judgment demanding the handover of the data, according to a Financial Times <a href="https://www.ft.com/content/949fb302-fcb5-455e-8ba3-7e83e6337c86" target="_blank">report</a>. Two of the six exchanges involved were not named.
Crypto Exchange Binance Sees Biggest Inflow of SHIB Tokens Since February
Binance received large amounts of shiba inu (SHIB) tokens on Tuesday, raising speculation of a price drop because large transfers of a cryptocurrency to an exchange is often a prelude to a sale.
Binance Acquires Japanese Crypto Exchange Sakura
<a href="/76723/binance-review-can-the-worlds-biggest-exchange-still-cut-it-in-2021" target="_blank">Binance</a> is getting back into the Japanese crypto market.
