Binance exchange seizes $5.8M from Axie Infinity hackers

Binance exchange seizes $5.8M from Axie Infinity hackers

Following the US authorities discovery that linked Axie infinity Ronin hack to North Korea Lazarus group hackers, Binance CEO announced that the exchange has seized $5.8M from the hackers. Changpeng “CZ” Zhao, CEO of the Binance cryptocurrency exchange, announced that his team was able to recover $5.8 million from North Korean hackers who stole $600 […]

Binance limits services to Russians following EU’s 5th sanction

Russian may soon permit crypto payment for imports - PM

Following the European Union’s fifth package of sanctions against Russia, Binance, the world’s largest cryptocurrency exchange by volume, is imposing significant restrictions on Russian users. Binance imposed new restrictions for Russian nationals and residents on Thursday, prohibiting them from trading if they have more than 10,000 euros ($10,800). Binance’s spot, futures, and custody wallets, as […]

Puerto Rico grants Binance.US money transmitter license

Binance.US has been granted a money transmitter license in Puerto Rico, this allows the platform to receive and transfer funds between users and makes it the fourth jurisdiction in America to do so. Binance.US is Binance CEO Changpeng Zhao’s second attempt to cater to investors in the United States after the country barred Binance’s principal […]

Binance Burns Another $740 Million Worth Of BNB Token

Binance Burns Another $740 Million Worth Of BNB Token

Binance has burned over 1.8 million BNB tokens worth more than $740 million completing its 19th quarterly BNB burn World’s largest cryptocurrency exchange burns another BNB token Binance, the world’s largest cryptocurrency exchange, has burned over 1.8 million BNB tokens, completing its 19th quarterly BNB burn. Changpeng Zhao, the trading venue’s CEO, argued that the […]

Thailand-based Gulf Energy partners with Binance to operate a crypto exchange

Thailand-based Gulf Energy partners with Binance to operate a crypto exchange

Thailand-based Gulf Energy has made significant investments in cryptocurrency exchange Binance US and has also highlighted its pursuit of a joint venture with the global Binance exchange. Binance cryptocurrency exchange has created a joint venture with Gulf Energy Development , owned by billionaire Sarath Ratanavadi, and will apply for a license to run a digital […]