Binance, Other Exchanges To Delist Terra Luna Classic
Digital asset infrastructure provider Fireblocks has announced that it will no longer support Terra Luna Classic (LUNC), warning that centralization and bad decision-making may also cause Binance and other crypto exchanges to delist LUNC. In a blog post dated August 8, LUNC DAO disclosed that several digital asset infrastructure providers, including Fireblocks, are discontinuing support […]
Binance Exchange Add Shiba Inu to its Collateral Asset
Binance cryptocurrency exchange announced the addition of 22 new loanable assets and collateral assets, including Shiba Inu, to its Flexible Loan and VIP Loan services on Friday, August 4. The crypto exchange disclosed several new collateral assets in its official statement, including Shiba Inu, Compound, and Theta Network. This development has also fuelled rumors regarding […]
Binance Exchange Denies Claims of $90B Crypto Trades in China
Binance has denied claims of a Wall Street Journal investigation, suggesting it has maintained operations in China despite the country’s ban on cryptocurrencies. According to the WSJ report, its correspondents and current and former Binance employees viewed “internal figures” indicating that users traded $90 billion in cryptocurrency-related assets in China in a month. In response […]
Binance Japan Starts Onboarding Users
Binance Japan, a subsidiary of Binance, will begin onboarding users in Japan on its newly launched platform. Approximately two years after being issued a warning by the nation’s financial regulator, major cryptocurrency exchange Binance announced the opening of a Japan-based branch. Local cryptocurrency exchange Sakura Exchange Bitcoin has started as Binance Japan, according to a […]
Nigeria’s SEC Cautions Citizens Against Using Binance Exchange
The Nigerian Securities and Exchange Commission (SEC) has cautioned investors in the country against using Binance, the largest cryptocurrency exchange in the world, stating its operation is illegal. The SEC issued a warning against investing with Binance on July 28. The agency maintains that the platform lacks a license to operate in the country and […]