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Binance CEO Discusses Company’s Plan After Settlement With US Authorities

Binance’s chief executive has shared his company’s future direction and areas of focus following its settlement with U.S. authorities, including the Department of Justice (DOJ). “We have moved past that…

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

TL;DR Binance’s latest Proof-of-Reserve (PoR) report verifies that it maintains a 1:1 coverage for all users’ assets, with significant holdings in SHIB, BTC, and XRP. The PoR system, introduced post-FTX…

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Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles

In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The…

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Binance Establishes Its First Board of Directors, Remains Without Global Headquarters

After years of operating without a board, Binance recently established its first board of directors, chaired by a former diplomat from Barbados. The cryptocurrency exchange still lacks a global headquarters.…

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Owner of Thailand’s Largest Cryptocurrency Exchange Set to Go Public in 2025

Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, reportedly plans to go public in 2025. Jirayut Srupsrisopa, the CEO of the holding company, revealed that Bitkub Capital…

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44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months

Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and…

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