Binance-backed OpenOcean Incorporates Fantom After Avalanche and Polygon

As part of its ecosystem development, OpenOcean, a Binance-backed DeFi and CeFi aggregator, announced the integration of Fantom, an open-source smart contract platform for decentralized apps (dApps). OpenOcean will also interact with other Fantom-based decentralized exchanges, such as SushiSwap, SpiritSwap, SpookySwap, and Curve, according to the statement. The decision to add Fantom to OpenOcean’s increasing […]
Binance allows European customers to transfer their stock tokens to another company

After Binance shut down its stock token service without warning in July, customers of the cryptocurrency exchange in Europe can now transfer their tokenized stocks to another company. Customers in the European Economic Area and Switzerland can now transfer tokenized stock from Binance to CM-Equity AG, a German investment business with which Binance collaborated to […]
Former IRS-CI special agent becomes Binance’s head of intelligence division

In a bid to adhere to regulatory policies, Binance cryptocurrency exchange has hired a former US Internal Revenue Service agent to lead its new intelligence unit. Binance said Thursday that Tigran Gambaryan has joined the firm as vice president of global intelligence and investigations . Since joining the IRS as a special agent in September […]
Binance halts crypto derivatives services in Australia

Binance cryptocurrency exchange has stated that its crypto derivatives offerings in Australia will be discontinued. Crypto derivatives traders will have 90 days to cancel their current margin accounts beginning September 24. According to the news, the exchange will discontinue trading crypto futures , options, and leveraged tokens in Australia on September 24th. According to the […]
BTC price plummets to $47K as weekly close neatly tracks Bitcoin futures gap

The weekly gain for BTC buyers is minimal, as Saturday’s progress returns to square one the next day. On Sept. 19, Bitcoin (BTC) retested $47,000 as the weekly close appeared to be hinged on the CME futures gap. Following the erasure of profits, Bitcoin has come full circle As the week came to a conclusion, […]