Nansen Reports Continued Withdrawals from Binance
A post from November 22 states that although withdrawals are still occurring, Nansen is still waiting to witness a large-scale capital outflow. There were more withdrawals than inflows early in the day, with a $17 million negative netflow. Simultaneously, the blockchain analytics company has experienced significant expansion, going from $64.6 billion to $65.2 billion when […]
Binance Gets New CEO After Changpeng Zhao Steps Down
Richard Teng has been named CEO of Binance Exchange, as the cryptocurrency trading company navigates the market without CZ. Changpeng “CZ” Zhao, the co-founder and former CEO of Binance Exchange, has nominated Richard Teng , the company’s previous Head of Regional Markets, to take over as CEO during what may be considered the most important […]
$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 Japan Boosts Crypto Offerings with 13 New Tokens
Cryptocurrency Exchange Binance Japan has announced the addition of 13 new cryptocurrencies to its platform. Following the announcement of more than a dozen new digital assets on its platform, such as Arbitrum, Near, and Optimism, cryptocurrency exchange Binance announced it intends to offer up to 100 tokens in Japan. In a release, Binance revealed a […]
Binance Launches New Batch of Dual Investment Products
Binance shares the news of Dual Investment products with revised target pricing and settlement dates in an announcement published on X on November 14. According to the website, Dual Investment will enable anyone to buy or sell cryptocurrencies at a future date and predetermined price. The Dual Investment product will have revised target prices and […]