Binance’s Market Share Fell Further in June
The crypto exchange still remains the world’s largest by a significant proportion. Source
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Binances
Binance’s BNB Smart Chain Unveils Scalability Solution opBNB Powered by Optimism
The combination of BSC’s strong ability and opBNB’s dedicated new features will make data access easier. In a major announcement on Monday, June 19, Binance-founded Layer-1 blockchain platform BNB Smart Chain (BSC) introduced a new scalability solution opBNB, with the goal of offering a seamless experience for users, developers, and projects
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Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain it hopes to address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB which launched as a testnet on June 19. The new layer-2 scaling solution is based on the Optimism OP Stack which it says will add additional
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Binance’s CZ Hits Back at Rumors of Exchange Selling Bitcoin (BTC) For BNB Coin (BNB)
On Tuesday, tweets from popular traders @JW100x and @52kskew, which pointed to short-term price correlations between a sell-off in bitcoin (BTC) and a purchase of BNB, went viral. The tweets were viewed over 3 million times cumulatively, as per Twitter data. Source
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Binance’s Crypto Exchange Flow Flips Positive; Bitcoin BTC Trades Flat
All but a couple of the 19 tokens mentioned in the suit, which accuses the exchange giants of violating securities laws, have sunk by double-digits over the past seven days with CHZ and SAND, the tokens of the Chiliz network and The Sandbox metaverse game, falling more than 28% and
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Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Commission
Nigeria's order follows a lawsuit by the U.S. securities watchdog last Monday against the largest global crypto exchange by market capitalization, alleging it failed to register as a broker or exchange, and that it sold offered unregistered securities the general public. Source
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Binance’s BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
BNB’s open interest, the total number of outstanding derivative contracts held by investors, also increased in the first nine hours of June 5 by nearly $30 million, according to Coinalyze, which also occurred before the 11:15 am news of the SEC alleging Binance commingled customer funds and operated an unregistered
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Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits
Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.The case of SEC v Coinbase will be heard by District Court Judge Jennifer H. Rearden in the
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Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3
Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence. Source
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Binance’s Japan Unit Will Start Operations in Second Half of the Year Following Sakura Exchange Acquisition
In November last year, Binance acquired regulated crypto exchange Sakura Exchange BitCoin (SEBC). Existing services on SEBC will be terminated on May 31 and a new service under the provisional name “Binance Japan” will launch after June 2023, the notice said. Source
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