Binance has announced the conversion of its Secure Asset Fund for Users (SAFU) into the USD Coin (USDC) stablecoin, a move aimed at enhancing the stability and security of its user protection fund during market volatility.
Binance NFT Marketplace is ending all support for Bitcoin-based NFTs starting April 18 due to declining market trends, urging users to withdraw their holdings.
The Philippine Securities and Exchange Commission (SEC) has obtained approval from the National Telecommunications Commission (NTC) to block access to Binance’s website and associated services nationwide, citing the exchange’s unlicensed operations in the country.
Binance, the world’s largest cryptocurrency exchange, has exited the Russian market, selling its Russian branch to CommEX. Now, CommEX has announced the gradual suspension of its trading platform operations, culminating in a complete shutdown by May 10, 2024, citing challenges in navigating Russia’s compliance environment.
Crypto exchange WEEX has announced its commitment to burn 30% of LUNC trading fees, joining Binance in supporting the Terra Luna Classic community’s efforts to reduce the LUNC circulating supply. This move aims to contribute to the LUNC burn campaign and promote the revival of the Terra Luna Classic ecosystem.
Ripple’s XRP token jumped over 20% on Monday, fueled by large transfers worth millions of XRP from the crypto exchange Binance, as the broader crypto rally extends to previously lagging assets.
Binance has introduced the Futures NEXT platform, allowing users to predict which tokens will be listed on the futures market and earn rewards for correct forecasts.
The Philippines’ Securities and Exchange Commission (SEC) has warned Binance for operating without a license and overseeing unauthorized securities sales, threatening to ban the exchange if it fails to address concerns by the end of February.
BNB faces potential price correction after failing to break $250 resistance, with sideways trading expected before revisiting $240 support.
