Binance Labs Invests in Memecoin, Token Pumps
In a significant move, Binance Labs, the venture capital arm of Binance, has invested in Memecoin (MEME), the native token of Memeland – a Web3 venture studio spawned. Binance Labs has invested Memeland, a startup that aims to create and invest in the social economy using its naïve ecosystem currency. The investment’s size is kept […]
Justin Sun Reportedly Transfers 50M USDT to Binance
Justin Sun, transfers millions of USDT to Binance during a decline in the cryptocurrency market, prompting speculations of a strategic move. Justin Sun, the founder of Tron (TRX), allegedly initiated a massive USDT transfer to Binance, the foremost cryptocurrency exchange in the world. This transition, valued in the millions of dollars, occurred amidst a declining […]
Changpeng ‘CZ’ Requests Court Order for Travel Permission
In regard to travel authorization, former Binance CEO Changpeng ‘CZ’ Zhao petitions the court for an order on sealing motion. The most recent development in the case between Changpeng ‘CZ’ Zhao and the U.S. Department of Justice (DOJ) involves CZ, the founder of Binance, petitioning a federal court for a travel authorization order. The court […]
Binance Reintroduces USDC Trading Pairs After One-Year Break
Just one year after eliminating USDC in order to focus on stablecoin liquidity, cryptocurrency platform Binance is bringing trading pairs back with the currency. In a press statement on December 27, cryptocurrency exchange Binance said it is bringing back a select trade pairings using Circle’s USDC stablecoin. The release states that on December 28 at […]
Hong Kong’s ZA Bank Expand Web3 Offerings to 80 Firms
Chinese online bank ZA Bank has disclosed plans to provide retail clients with cryptocurrency trading services using fiat currencies. Although he did not give a timeline, ZA Bank CEO Ronald Iu stated in an interview with the Hong Kong Economic Journal that the Hong Kong-based company eventually wants to start selling crypto trading services with […]