Browsing: Binance

On May 25, Binance made an announcement regarding the seizure of approximately $4.4 million worth of cryptocurrency that belonged to fronts associated with North Korean organizations operating both within the country and abroad.

Cryptocurrency exchange Binance Australia has informed users it has suspended Australian dollar services after its local payment services provider Zepto seemingly stopped support for the exchange.

Binance, the cryptocurrency exchange, is ready to re-enter Japan after acquiring the licensed cryptocurrency trading platform Sakura Exchange Bitcoin (SEBC). Binance purchased the exchange, a Japan Financial Services Agency-licensed company, in November 2022, with the intention of reentering the Japanese crypto market.

Binance, the world’s largest cryptocurrency, denied a report published by Forbes titled “Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX,” which argues that the crypto giant transferred $1.8 billion associated with its users’ funds.