Binance Secures Licenses in Europe, Other Various Territories
Binance has obtained the ISO 27001 and ISO 27701 certifications for information security governance and privacy information management. A-LIGN, a global security and compliance firm, granted Binance these certificates after conducting a thorough and comprehensive evaluation of the exchange’s operations. Binance receives certifications for worldwide security and privacy Despite facing a securities violation case from […]
Binance Unveils Exciting Summer Internship Program
Binance, a leading company in the blockchain industry, has created a summer internship program called Binance AMP. This program aims to support and develop young talent who are interested in pursuing careers in the field of blockchain technology. Therefore, the internship will span over a period of ten weeks, giving interns an opportunity to collaborate […]
SEC Sues Binance, CZ for Securities Violations
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Binance and its CEO, Changpeng Zhao (CZ). According to a Bloomberg article, the SEC has filed a lawsuit against Binance Exchange and CZ for violating U.S. securities laws. The lawsuit covers both the foreign and U.S. activities of the trading platform. The SEC […]
Binance Rejects Deposits for 10 Bridge Token Networks
The world’s largest cryptocurrency exchange, Binance, disclosed it will temporarily Suspends Deposits for ten bridge token networks. Binance took to Twitter on May 25 to notify its users of the temporary suspension of deposits for some bridge token networks. POLS-BSC, ACH-BSC, BIFI-FTM, SUPER-BSC, AVA-ETH, SPELL-AVAXC, ALPACA-FTM, FTM-ETH, FARM-BSC, and DEXE-BSC are among the affected networks. […]
Binance Refutes Claims Of Misusing Customer Funds
The crypto exchange denies violating U.S. banking rules by combining customer deposits and company revenue, as alleged by a Reuters report. According to a Reuters report, citing three former insiders in 2020 and 2021, Binance commingled customer funds with company revenue in violation of U.S. financial rules that require customer funds to be kept separate. […]