Binance Rejects Deposits for 10 Bridge Token Networks
The world’s largest cryptocurrency exchange, Binance, disclosed it will temporarily Suspends Deposits for ten bridge token networks. Binance took to Twitter on May 25 to notify its users of the temporary suspension of deposits for some bridge token networks. POLS-BSC, ACH-BSC, BIFI-FTM, SUPER-BSC, AVA-ETH, SPELL-AVAXC, ALPACA-FTM, FTM-ETH, FARM-BSC, and DEXE-BSC are among the affected networks. […]
Binance Refutes Claims Of Misusing Customer Funds
The crypto exchange denies violating U.S. banking rules by combining customer deposits and company revenue, as alleged by a Reuters report. According to a Reuters report, citing three former insiders in 2020 and 2021, Binance commingled customer funds with company revenue in violation of U.S. financial rules that require customer funds to be kept separate. […]
WazirX Confirms Binance’s Role in WRX Token Management
WazirX, an Indian cryptocurrency exchange, has admitted that Binance controls its WRX token and has failed to conduct quarterly burns for five consecutive quarters. WazirX has revealed in a recent blog post that Binance controls the WRX token. The post sheds light on the IEO and the subsequent management of the token Binance’s failure to conduct […]
Binance Supports Terra Classic, Kava Network Upgrades
Binance crypto exchange announced that it would support the Terra Classic (LUNC) v2.0.1 network upgrade and the Kava 13 mainnet upgrade. Deposits and withdrawals of LUNC and KAVA will also be suspended. Today, May 17, the cryptocurrency exchange will halt deposits and withdrawals of LUNC and USTC on the Terra Classic (LUNC) network. KAVA deposits […]
Binance Accuses ChatGPT of Spreading False Information
Cryptocurrency exchange Binance claimed that artificial intelligence (AI) technology was being used in a disinformation campaign against the platform. The Binance network has been complaining recently about various news outlets and projects disseminating misinformation about the exchange. Their most recent cries are against AI. According to recent reports, Binance now asserts that ChatGPT, an AI, […]