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The largest crypto exchange platform in the world by trading volume has rolled out trading support for the native asset of a low-cap decentralized finance (DeFi) project. On Monday, Binance listed the decentralized lending and borrowing platform Euler (EUL) via its HODLer Airdrops program, which rewards BNB holders with select tokens based on historical snapshots of their balances. Euler bills itself as the “DeFi super app” and operates as a decentralized exchange (DEX) in addition to offering lending services. EUL is an ERC-20 token that can be used for governance, rewards and in auctions to distribute protocol fees. Binance listed the asset for trading on Monday. The exchange attached a seed tag to EUL, a designation it applies to lower-liquidity projects that could potentially exhibit higher volatility compared to other listed assets. Binance requires users who want to trade assets with seed tags to pass quizzes every 90 days to ensure they’re aware...

Crypto exchange giant Binance says it’s paying about $283 million to customers affected by asset de-pegging issues during Friday’s market crash. The compensation covers losses from liquidated positions where users held USDE, BNSOL and WBETH as collateral. President Trump’s renewed tariff threat against China triggered the widespread market selloff, and Binance denies claims that it’s to blame for the major crypto downturn. “We are aware of claims that the de-pegging of certain Binance Earn products relating to USDE, BNSOL, and WBETH, caused the market crash, and therefore we wish to clarify that it was not the case. The extreme market downturn occurred before the de-pegging. Records show that during the market sell-off, prices fell to their lowest point between 2025-10-10 21:20 and 21:21 (UTC), while the severe de-pegging occurred after 21:36 (UTC) on the same day. Where the de-pegging impacted some users who had their positions li...

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Binance, the world’s largest cryptocurrency exchange, has announced that it rewarded four whistleblowers who helped expose insider trading activities. According to the exchange, the four individuals received a total of $100,000 following an internal investigation triggered by a complaint about an employee engaging in front-running trades to secure improper profits, Binance stated on March 25. Binance noted that after verifying the claims, it equally distributed the $100,000 reward among the four whistleblowers who reported the issue through its official whistleblowing channel. Picks for you Cardano adds 15,000 smart contracts in 2025 1 hour ago If you invested $5k in Bitcoin five years ago; Here’s how much you’d have now ...

Leading crypto exchange Binance has accumulated more than $24 billion in inflows from user deposits in 2024 while also surpassing $100 trillion in lifetime trading volume. This growth “aligns with a surge in global adoption of digital assets,” Binance said in a Dec. 11 blog post . Recent developments including a series of regulatory victories, historic price milestones, and the launch of spot Bitcoin ETFs (exchange-traded funds) in the US, Hong King and other large markets drove “millions of users to Binance,” the exchange added. Binance Inflows Almost 3 Times Greater Than Its Next Biggest Competitor Binance’s inflows are almost 3 times greater than that of Bybit, which DefiLlama data shows is the second biggest exchange in terms of inflows after $8.2 billion made its way onto the platform.  In third place is OKX, with its inflows standing at around $5.3 billion. DefiLlama’s list does not include Coinbase and Gemini because of their inadeq...

A new Ethereum (ETH)-based layer-2 project is debuting with a fully diluted value (FDV) of more than $7.7 billion amid support from leading crypto exchanges. According to a new announcement, top crypto exchange Binance is supporting Movement (MOVE) through its airdrop portal. After the airdrop, MOVE will be available to trade in the MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD and MOVE/TRY trading pairs. Binance is attaching a seed tag to MOVE, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens. Binance requires users who own assets with seed tags to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens. Korean crypto exchange Upbit has also announced trading support for MOVE. Hours after launch, MOVE is trading for $0.77 at time of writing, up 13.8% since going live. With a market cap of $1.7 billion, MOVE is the 86th largest crypto project. The projec...

The European arm of crypto exchange Binance faces a lawsuit from a former executive, who claims she was wrongfully terminated after alerting managers to an alleged bribery. Amrita Srivastava worked for Binance’s Link platform until she was dismissed in May 2023 — just one month after raising concerns about bribery in the workplace.  According to Bloomberg, Srivastava recently claimed at an employment tribunal that one of her co-workers accepted money to fast-track a customer’s integration “under the guise of providing consultative services.” A “chaotic” work environment pressured staff to make up for a “revenue gap,” Srivastava said at the hearing, after it came to light that a quarter of Binance Link’s revenue came from an Iran-linked customer. In 2022, it was reported that Binance served crypto traders in Iran despite US sanctions and processed almost $8 billion in transactions. Binance deliberately skirted US sanctions to serve Iran users...

Layer-1 blockchain Kaia (KAIA) is dipping in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s added the Ethereum Virtual Machine (EVM)-based digital asset to its suite of products starting on October 31st. “Binance is excited to announce that Kaia will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, and Binance Margin.” News of the listing has not had an overwhelmingly positive impact on KAIA as the crypto asset saw a sudden decrease in price. KAIA went from a peak of $0.150 on October 31st to its current price of $0.136, a drop of 9.3%. According to Kaia’s official website, the smart contract platform aims to provide enterprise-grade performance and reliability while lowering fees and providing high-speed transfers. “Kaia blockchain aims to achieve immediate finality for transactions, provide ...

A US judge ruled on Friday that 10 of 13 charges in a Securities and Exchange Commission ( SEC ) lawsuit against Binance and its former CEO Changpeng Zhao can proceed while the remaining three can be wholly or partially dismissed.  The SEC sued Binance, Binance US, and Zhao on June 5 last year, accusing them of mishandling customer funds, wash-trading tokens, and using Binance US as a regulatory distraction.  Binance subsequently argued that the digital asset industry wasn’t given fair notice of the SEC’s impending enforcement efforts and that they would constitute a ‘power grab.’  However, Judge Amy Berman Jackson refused the request, pointing out that the SEC’s enforcement doesn’t reflect ‘enormous and transformative’ regulatory authority that’s enacted without congressional approval. She added that the crypto industry has been on notice since the SEC warned firms to comply with its federal SEC urities laws, finding “no violation of du...

The cryptocurrency domain is undergoing a fresh wave of a bull market phase. After experiencing two years of intense crypto turmoil with Bitcoin and altcoins hitting new lows, the novel resurgence of the sector is being thoroughly welcomed and appreciated by investors to the fullest. The influx of new trader activity is currently rife on all leading blockchains, with thousands of tokens being traded every minute. With a hoard of new crypto tokens emerging every second, it could be difficult for investors to figure out which particular coin can disseminate maximum returns. To maximize your returns this April, here are our top 3 crypto coin picks to avail bullish profits this month.  Also Read: Cryptocurrency: 3 Newly Launched Meme Coins That Can Surge 200% By April End Top Three Crypto Coins To Explore This April For Bullish Returns Image Source: Unsplash Cryptocurrency #1: Solana Source – CriptoFacil Solana is undoubtedly one of the most promising crypto coins...

Binance Labs, the venture capital arm of Binance, has invested in Renzo. Renzo is a Liquid Restaking Token (LRT) and Strategy Manager for Ethereum restaking protocol EigenLayer. Binance ’s venture capital arm has announced it invested in Renzo, a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer. Binance Labs’ announcement that it invested in Renzo comes on the same day as news of venture capital firm a16z’ $100 million investment in EigenLayer. EigenLayer is an Ethereum restaking protocol with a TVL of of $7.8 billion as of February 22, 2024. Read more: a16z invests $100 million in Ethereum restaking protocol EigenLayer . Binance Labs seeks to boost Liquid Restaking space Renzo Protocol is the liquid restaking hub for EigenLayer, with its technology key to the trustless collaboration between various ecosystem players on EigenLayer. Binance Labs seeks to help stakers, node operators and Actively Validated Services (AVS) ...

Binance announced it would list Ronin (RON) on February 5, 2024. Pullix has revealed major updates, including its registration as an exchange provider. PLX token presale has reached stage 7, which means Pullix is on track for its beta launch and market debut. Ronin (RON), the native token of the Web3 Gaming platform Ronin Network, is among tokens seeing significant price action today. The increased activity around the cryptocurrency comes as major crypto exchange Binance announced the listing of the RON token. Elsewhere, investors are fully focused on the upcoming launch of hybrid exchange Pullix (PLX) , whose token sale is currently in stage 7 of 8. The latest updates from the Pullix team have the community extremely excited. Binance announces Ronin (RON) listing Binance announced on Monday that it will list Ronin (RON) at 13:30 UTC on February 5, 2024. According to the exchange, spot trading pairs available to traders will be RONIN/BTC, RONIN/USDT, RO...

Manta network’s native crypto MANTA will launch across major exchanges on Jan. 18, including Binance, Bybit, and Kucoin. The cryptocurrency was also announced as the 44th token on Binance’s launch pad, allowing users to farm the token provided they stake BNB and stablecoin FDUSD.  Per a Jan. 15 blog post, the pool will be open for two days from Jan. 16, and participants will be able to farm a stash of 30 million MANTA token s, around 3% of the maximum supply and about 25% of its initial circulating supply.  Manta may garner interest from crypto traders as did Xai (XAI), a layer-3 gaming project also debuted on Binance’s launch pad. XAI achieved an all-time high after listing on the platform, although a significant price decline followed in the days after. You might also like: Manta Network transitions to Polygon CDK The Manta network touts itself as a novel multi-modular blockchain that supports zero-knowledge applications and is Ethereum Virtual machine-compa...

A new report from The New York Times sheds light on how Chinese investors , aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry Yu, appears to be the majority owner of a Texas-based crypto mining facility BitRush, which was backed by $6 million in Tether (USDT) by undisclosed Chinese investors , according to a recent report from The New York Times. In one of the lawsuits filed by Crypton Mining Solutions, which alleges non-payment for services in the Texas Panhandle town, BitRush’s investors — described as “not only Chinese citizens but citizens in highly political and influential business positions” — raised concerns about how exactly the funds were transferred from China to the U.S. The lawsuits, as reported by NYT, exposed a public money trail ending at Binance, which facilitated transactions with USDT through its offshore branch when the exchange’s operations were not adhering to American banking r...

A judge has decided that the ex-chief of Binance, Changpeng Zhao (CZ), must remain in the country while he awaits sentencing for federal crimes. As part of its plea deal, Crypto exchange Binance agreed to pay a $4.3 billion fine for skirting anti-money laundering checks; CZ agreed to step down as its CEO. Now, he faces up to 10 years behind bars. US District Judge Richard Jones ruled on Monday that while awaiting sentencing in February, CZ cannot leave the country. Though he won’t spend his time in prison, he won’t be allowed to fly back home to Dubai. CZ’s lawyers filed a motion on Thursday, arguing that he willingly showed up in court once and will therefore do it again. However, prosecutors argued that CZ poses a significant flight risk if allowed to leave since the majority of his wealth is outside of the country and the UAE has no extradition deal with the US . What’s more, the ex- Binance chief enjoys special stat US in the UAE after obtaining ...

JPMorgan analysts believe that Binance’s $4.3 billion settlement stabilizes the crypto market and mitigates systemic risk. JPMorgan (JPM) has hailed Binance’s recent settlement with the U.S. Department of Justice (DOJ) as a ‘positive step’ for the crypto sector. Analysts at the firm believe it will be a beneficial step for both Binance and the wider crypto currency market, as revealed to the Block.  The resolution of these legal issues is seen as particularly advantageous for Binance’s operations and its BNB Smart Chain business. JPMorgan’s analysts emphasize that the settlement brings much-needed clarity, reducing uncertainty surrounding Binance, and that it is not only a relief for the exchange itself but also for the broader crypto market.  JPM analysts point out that resolving these legal challenges removes what was perceived as a looming systemic risk. The fear was that issues with Binance could lead to broader market instability, especially in the event of a po...

The former Chief in the SEC Office of Internet Enforcement suggests the SEC has reason for excitement following Binance’s settlement with the U.S. Department of Justice yesterday. Stark states the SEC now has a treasure trove of Binance-related evidence from various pleadings, including the admittance of the facts in the Nov. 21 plea. Proof against Binance Stark reports that the SEC now has a new evidentiary record of wide-ranging allegations and assertions, which together create a cannon fodder for SEC investigators and litigators to strengthen their Binance-related accusations.  Why The Binance DOJ/FinCEN/CFTC Actions Are a Huge SEC Victory (Even Though the SEC Was AWOL From the Plea Party) Conspicuously absent from yesterday’s blockbuster press conference announcing the Binance-related settlements, pleas and consent orders with the U.S. Department of… pic.twitter.com/PeZ6rEor5J — John Reed Stark (@JohnReedStark) November 22, 2023 As part of this finding, he c...

In a Nov. 14 announcement on X, Binance shares the news of Dual Investment product s with updated target prices and settlement dates. According to the website, Dual Investment will allow individuals to purchase or sell cryptocurrency at a predetermined price and date in the future.  Rewards, regardless of direction The announcement shares that the Dual Investment product will be available in a subscription format based on a first-come, first-served basis, with updated target prices and settlement dates. #Binance launches new Dual Investment products with updated target prices and settlement dates. Find out more ️https://t.co/lHt4g7PiTx — Binance (@binance) November 14, 2023 The Dual Investment platform offers opportunities to earn rewards by participating in buy low and sell high product s, allowing users to set their chosen price at a future date without incurring fees.  You might also like: Bybit Card adds new user bonus amid Binance crypto card closure in ...

Amid Bitcoin’s remarkable comeback, a substantial number of digital tokens are facing delisting from major exchange s like Coinbase Global Inc. and Binance this year. Data from Kaiko indicates that over 3,445 tokens or trading pairs have either been delisted or rendered inactive, what is said to be a record pace by Bloomberg. Upcoming trade suspension According to an incident report from Oct. 17, Coinbase removed 80 trading pairs, marking the highest number of delistings in any month this year.   Our latest research covered by Bloomberg shows that exchange de-listings are at their highest level ever View the full article: https://t.co/wUSRB6DNub pic.twitter.com/Se7dTd9JCT — Kaiko (@KaikoData) October 25, 2023 This was following an earlier on Sept. 14 that OKX, the world’s fourth largest cryptocurrency exchange, announced the delisting of 30 crypto pairs due to non compliance. This brings this exchange’s delistings to 172 for the...