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Alongside the traditional trading competition, Binance futures participants can engage in a Copy Trading Competition and a Trading Bots Competition. On Monday, September 27, Binance Futures, the leading crypto derivatives exchange globally, has unveiled the highly anticipated Binance Futures Grand Trading Tournament. Boasting the largest prize pool in the tournament’s history,
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Crypto educational startup Open Campus has raised over $3 million from Binance Labs to double down on NFTs. Open Campus (EDU), a cryptocurrency-focused educational startup, has raised $3.15 million from Binance‘s venture arm Binance Labs. According to an announcement on Monday, Nov. 27, 2023, the funding is expected to help the startup
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Binance Futures will list the USDS-M USTC perpetual contract with 50x leverage. According to a blogpost on Binance, perpetual contracts will launch on Nov. 27 at 12:30 UTC. The maximum funding rate for the USTCUSDT perpetual contract at launch is +2.00% / -2.00%. The frequency of calculation of the funding commission
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BLUR, the native cryptocurrency of the Blur NFT marketplace, experienced a 75% surge in price over the last seven days, largely due to the token’s listing on Binance and several other positive developments. Blur stands out in the non-fungible token (NFT) sector by employing BLUR as its governance token. This unique
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This week, Binance agreed to a $4.3 billion settlement and saw founder Changpeng Zhao exit as CEO; the U.S. SEC levels charges against Kraken; and HECO Bridge, another venture affiliated with Justin Sun, suffered an $85 million hack. Binance troubles On Nov. 20, the U.S. Department of Justice (DoJ) proposed a $4
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Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very different from what is seen in traditional finance.“People who sincerely
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A compliance employee of Binance—the world’s largest cryptocurrency exchange—allegedly wrote: “We need a banner ‘is washing drug money too hard these days—come to Binance we got cake
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Binance CEO Changpeng Zhao has agreed to pay $4.3 billion to settle money laundering allegations with U.S. authorities. This significant settlement will impact Binance’s net worth and likely affect the price of its native token, BNB. Investors are already reacting to the news, with BNB declining by over 17%. Investors seeking
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The Binance exchange aims for its native Binance Coin (BNB) to regain favor as a viable crypto investment following the resolution of its legal issues with the U.S. Securities and Exchange Commission (SEC). The settlement involved Binance CEO Changpeng Zhao pleading guilty to violating U.S. anti-money laundering laws and agreeing to
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"Based on all the relevant facts, including Mr. Zhao’s voluntary self-surrender, his intent to resolve this case, and the sizable bail package he proposed, Judge Tsuchida found that Mr. Zhao presents no risk of flight, even while residing in the UAE," the filing said. Source
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