Binance cuts relations with Indian cryptocurrency exchange WazirX
Indian cryptocurrency exchange, WazirX must withdraw any remaining funds it has stored in Binance wallets by midnight UTC on February 3rd. A recent blog post claims that Binance is prohibiting WazirX from using its services, which is the latest development in the scandal involving the international cryptocurrency exchange Binance and Zanmai, the company behind the […]
Binance acquires South Korean crypto exchange GOPAX
As a re-entry means into the South Korean crypto market after two years, Binance cryptocurrency exchange has acquired a majority stake in South Korea’s crypto exchange GOPAX. Bitcoin exchange A majority interest in GOPAX, a South Korean cryptocurrency exchange , has been bought by Binance. The “Industry Recovery Initiative,” which is headed by Binance, provided […]
Binance Blocks Some Accounts Amid Bitzlato Case
According to Binance, 90% of the suspended crypto accounts brought on by Bitzlato investigation have already been unblocked. In connection with the Bitzlato investigation, cryptocurrency exchange Binance has been quietly closing down a number of accounts on the platform. Several Russian-speaking Binance customers complained about blocked accounts and being unable to withdraw money from the […]
Binance releases new API spot trader feature
Binance, a major cryptocurrency exchange, has introduced a new feature that will stop users from self-trading on the platform. Binance unveiled the Self-Trade Prevention (STP) feature in a blog post on January 25 for customers who use the platform’s spot trading API to trade on the spot market. The new feature, which becomes operational on […]
Binance processes $346M in bitcoin transactions for Bitzlato
According to a Chainlysis analysis, Binance processed 205,000 transactions for Bitzlato between May 2018 and January 2023. On-chain security firm Chainlysis stated on Tuesday that Binance enabled over $345.8 million in Bitcoin trade volume for the crypto exchange Bitzlato. The US Department of Justice charged Bitzlato with money laundering, and its founder, Anatoly Legkodymov, was […]