News list for " Binance in"
Binance said in an X post that the platform is currently dealing with the withdrawal of USDC on Solana and is working closely with the technical team to resolve it as soon as possible. Binance will provide an estimate of the resolution time soon, and said that user funds are safe and in SAFU status.
CryptoQuant analysts have posted that Binance has consistently led the cryptocurrency market in terms of the number of Bitcoin (BTC) and Ethereum (ETH) outflow transactions since 2018. In 2024, this dominance remains solid, with Binance recording the highest number of monthly BTC and ETH outflow transactions of any centralized exchange (CEX). Notably, Binance handled nearly 2 million BTC and ETH outflow transactions in the last month of 2024.
On October 30th, Binance announced the appointment of Jeff Li as its new Vice President of Product during Binance Blockchain Week. Jeff will focus on expanding and enhancing Binance's product portfolio, ensuring it remains at the forefront of building the future of blockchain and Web3. Jeff Li has over 16 years of combined experience in Web2 and Web3 product leadership and software engineering. During his tenure at Binance, Jeff will be responsible for leading Binance's global product and...
Panther Protocol, a decentralized lending and arbitrage technology protocol based on BSC Binance Smart Chain, announced the completion of a $3 million seed round of financing led by Pantera Capital and joined by Panther Capital, SuperMassive, Insignius Capital, and STIX.
In its blog post on crypto security, Binance pointed out that it has discovered a global malicious software issue that seriously affects cryptocurrency transactions by changing withdrawal addresses during transactions. This malicious software is often referred to as "clipboard malicious software (Clipper malwar...
Binance said in a blog post that through Binance SOL staking, users can pledge SOL tokens in exchange for BNSOL, a liquid staking token that can be used in various Binance products and external DeFi applications. BNSOL holders can trade, pledge, invest, borrow, and use their tokens in various ways to unlock the value of their staked SOL while earning staking rewards.
Binance said in a post on the X platform that some users encountered errors when accessing the Binance website. This was due to an increase in page traffic. The Binance team is investigating the matter. Most of the issues have been resolved. Users are advised to refresh the website or use the Binance app. Funds are safe.
Binance said in an official blog post that while P2P trading outside of cryptocurrency exchanges can bring some benefits, it also comes with significant risks. It is crucial that users understand these risks and take proactive measures to protect themselves, by using reputable platforms, staying informed, and exercising caution. Binance advises that avoiding over-the-counter P2P scams requires: - Use a reputable platform: by providing hosting services and fraud protection...
Binance said in an X post that Venezuelan users of Binance were having difficulty accessing the site, saying: "Like many companies' websites in different sectors such as social media in Venezuela, Binance's pages are facing access restrictions." The company said it was "closely monitoring developments to resolve the issue in the best and fastest way possible", adding that users' funds were protected by a "SAFU", a user safe asset fund. According to people...
Binance said in a blog post that the approval of the spot ETH ETF is expected to significantly increase demand and push up the price of Ether, similar to the trend of Bitcoin ETFs. Due to the tightening of ETH supply on exchanges due to staking and smart contracts, the ETH price may be more sensitive to ETF inflows than BTC, which may lead to more violent price fluctuations. The SEC's restrictions on ETH staking held by ETFs may lead to cryptocurrency-savvy investors favoring direct staking, pot...
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