The funding rates for perpetual futures contracts linked to the cryptocurrency BNB have fallen to their lowest level in almost three months, indicating increased bearish sentiment.
Jimmy Su of Binance warns that cryptocurrency hackers have shifted their attention to cryptocurrency users, highlighting the increased importance of maintaining excellent “security hygiene.
Binance is working together with Australian regulators to fulfill the necessary local regulatory obligations, following news about searches being conducted at their offices.
According to a statement released by Binance.US, while the withdrawal of USD is currently functioning without any issues on their platform, they anticipate that their banking partners will cease offering this.
Belgium’s Financial Services and Markets Authority (FSMA) instructs Binance to halt all cryptocurrency services due to the exchange’s failure to provide sufficient information about its non-European Economic Area (EEA) entities.
Binance’s 10-week Advanced Management Program (AMP) is providing hands-on experience and training to 23 interns from top universities worldwide.
The Nigerian Securities and Exchange Commission declares the activities of Binance Nigeria Limited as unlawful within the nation.
Following SEC accusations claiming violations of securities laws, the US-based Binance affiliate fired staff and froze dollar deposits and withdrawals, increasing the turbulence in the cryptocurrency sector.
Crypto.com suspends its U.S. cryptocurrency exchange operations from June 21 due to low demand and a regulatory crackdown on Binance and Coinbase.
Since the Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase and Binance, Brian Armstrong and CZ have both experienced a decline in their net worth, with Armstrong’s decreasing by 11.8% and CZ’s by 5.1%.
