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Binance News
Bernstein Claims Binance Crypto Exchange Is Not Likely to Fail
Bernstein said that over $6 billion in user cash were removed from the app on December 13.Bernstein said in a Monday research study that Binance is solvent,…
CZ defends Binance exchange over CNBC questioning
This week, reporters on CNBC interrogated Binance CEO Changpeng Zhao about a halt on USDC withdrawals.The CEO of Binance, Changpeng Zhao, was interrogated by…
Binance daily withdrawals climb above $2 billion amid reserves concern
Concerns surrounding the condition of Binance's reserves have prompted a steady influx of withdrawals from the cryptocurrency exchange.According to statistics…
Tether facilitates Binance’s $3 billion USDT trade from Ethereum to Tron
Binance is moving 3 billion USDT from the Tron network to the Ethereum network with the support of Tether.A "chain swap" involving the transfer of 3 billion…
Binance’s proof of reserves raises concerns
There are a number of causes for alarm, including the organizational setup, crypto liabilities, and the quality of internal controls.Accounting and financial…
Audit of Binance’s Proof-of-Reserves Indicates That Assets Are Overcollateralized
Mazars' proof of reserves study indicates that Binance has sufficient assets to cover client withdrawals.The first proof of reserves (POR) audit report for…
Binance Now Offers Free Crypto Education With NFT Certifications
Binance, a cryptocurrency exchange is responding to the industry's rapid expansion by providing introductory classes for free. These courses cover topics like how…
Binance handled almost $8 billion in trading with Iran despite the sanctions
The expansion of the crypto business in recent years has compelled law enforcement organizations throughout the world to monitor the digital assets ecosystem to…
Binance will liquidate its FTX token holdings
Caroline Ellison, the chief executive officer of Alameda Research, attempted to explain the balance sheet details included in a CoinDesk story.Caroline Ellison,…
Binance enabled Iranian corporations to trade billions outside of sanctions
As the crypto industry expands, its involvement in geopolitical complexities increases. Binance, the largest cryptocurrency exchange, apparently assisted Iranian…