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Here’s How Much Ripple (XRP) and Shiba Inu (SHIB) Binance Currently Holds

TL;DR Binance’s latest Proof-of-Reserves (PoR) report shows it holds trillions of Shiba Inu (SHIB) tokens and billions of Ripple (XRP) coins. The PoR system, introduced in November 2022, confirms the…

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Binance Hit With $87 Million Tax Bill in India

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is…

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Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation

Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security…

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Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve

Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of…

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Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment

A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets.…

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Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange

Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive analysis by Coinwire. Asia’s trading volumes primarily result from factors like…

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