Binance Set for Indian Comeback with $2 Million Penalty
Binance, once banned by the Indian government, is set to make a comeback after agreeing to pay a hefty penalty of approximately $2 million. According to a report by ET,…
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Binance Converts $1B SAFU Fund to USDC, Now 3% of Circulating Supply
Binance has announced that it is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC). Following the $1B conversion into USDC, this stash now makes up…
Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC
Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During…
Megadrop: Binance reveals new launchpad for early Web3 project access
Discover Binance Megadrop, a platform offering early access to Web3 projects and rewards for user engagement in the crypto ecosystem. The post Megadrop: Binance reveals new launchpad for early Web3…
Binance converts $1B emergency fund to USDC
Binance has converted $1 billion of its emergency user safety fund to Circle's stablecoin, although the exchange did not explain why. The post Binance converts $1B emergency fund to USDC…
Ex-New York Fed chief joins Binance.US board
Embattled crypto firm Binance.US has appointed former New York Fed compliance chief Martin C. The post Ex-New York Fed chief joins Binance.US board appeared first on Crypto Briefing.
Important Binance Announcement Affecting Some Altcoin Traders: Details
TL;DR Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform. Despite these additions, the involved cryptocurrencies face declines in a generally falling market. What’s New?…
Nigeria Government Want Extradition for Binance Exec Found in Kenya: Report
Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities…
Volatile Nigerian Currency Rallies 12%, Becomes Best-Performing Currency in April
After months of sustained decline, the Nigerian currency has rallied since March and is currently ranked as the best-performing fiat currency in April. Andrew Matheny, an economist at Goldman Sachs,…
This Popular AI Cryptocurrency Explodes by 15% Following Support From Binance
TL;DR The leading AI-related cryptocurrency experienced a 15% increase in value after being listed on Binance, but later adjusted to a lower price. The company alerted users to conduct thorough…
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