Binance CEO Bullish Amid Slow BTC Price Movement
Binance CEO Richard Teng posts on X, expressing a strong bullish position on Bitcoin (BTC) despite the crypto’s monthly price drop. Richard Teng, the CEO of Binance, has expressed extreme optimism regarding Bitcoin and the broader crypto industry, despite the recent decline in BTC’s price. Today, June 25, Teng posted on X, “It’s hard to […]
Binance Integrates Support for Tether on Toncoin Network
Binance cryptocurrency exchange has recently integrated Tether (USDT) support on the Toncoin Network. The move resulted in a surge in TON’s price, which was swiftly reversed. The integration allows users to deposit and withdraw USDT through the Toncoin Network, consistent with Binance’s strategic goal of expanding its multi-chain capabilities. With the successful integration of Tether […]
India’s Financial Intelligence Unit (FIU) Fines Binance $2.25M
India’s FIU has levied an 188.2 million rupee ($2.25 million) fine on Binance for failing to comply with the nation’s Anti-Money Laundering (AML) regulations. On Thursday, June 19, the agency announced that the penalty applies to multiple violations of the Prevention of Money Laundering Act (PMLA), 2002. About the case Binance meets the criteria for […]
Nigerian High Court Dismisses Binance Executive’s Lawsuit
Binance executive Nadeem Anjarwalla fled prison and traveled to Kenya, and his colleague will press claims in court next month. Local press reports indicate that the Nigerian High Court has dismissed a lawsuit initiated by Binance regional manager Nadeem Anjarwalla. Anjarwalla claimed that his fundamental rights were violated by Nigerian government agencies when they detained […]
Binance Announces HODLer Airdrops for BNB Holders
Binance introduces HODLer Airdrops for BNB holders, rewarding users who subscribe to Simple Earn with airdropped tokens from upcoming projects. A new initiative designed only for holders of Binance Coin (BNB) was unveiled by Binance on its website on Wednesday in an effort to promote a “healthy and sustainable market environment.” BNB holders will receive […]