Binance Announces USTC Perpetual Contract With 50x Leverage
Binance cryptocurrency exchange announced on Monday that it will launch a USTC perpetual contract with up to 50x leverage, this news has caused Terra Luna Classic (LUNC) and USTC prices to jump massively. Binance Futures will introduce the USD-M USTC Perpetual Contract, the company announced in an official capacity as of November 27. Binance provides […]
CZ to Plead Guilty to Violating Anti-Money Laundering Requirements – WSJ
According to a Wall Street Journal (WSJ) report, Changpeng Zhao, CZ, plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance exchange. As the United States Department of Justice (DOJ) awaits the announcement of a $4.3 billion settlement with the company, Binance founder Changpeng “CZ” Zhao […]
$3.9B USDT Transfer on Binance Draws Community Attention
Social media users within the cryptocurrency community have shifted their attention to a $3.9 billion Tether transaction between Binance wallets after reports indicating that the US Department of Justice (DOJ) is negotiating a $4 billion settlement with the company. The Justice Department is reportedly negotiating with cryptocurrency exchange Binance over a $4 billion sanction agreement, […]
Binance To Remove Russian Ruble (RUB) Crypto Trading Pairs
On Friday, the Binance cryptocurrency exchange announced removing specific spot trading pairs, including XRP, ETH, ADA, MATIC, SOL, and 15 other crypto in Russian Ruble (RUB) pairs. The official declaration on November 17 states that on November 20, cryptocurrency exchange Binance will remove and cease trading numerous cryptocurrencies in Russian Ruble (RUB) pairs. DOT/RUB, ADA/RUB, […]
Binance to Launch Thai Exchange With Local energy Partner
Thai residents will have the opportunity to access crypto services through Gulf Binance, a joint venture between Binance and Gulf Energy. In early 2024, Binance will launch a publicly traded cryptocurrency exchange in Thailand through a joint venture with the country’s largest energy provider, Gulf Energy Development. Gulf Energy stated in a filing with the […]