In 2025, Binance firmly established itself as the leader in spot trading volume across cryptocurrency exchanges. After analyzing cumulative data from the start of the year, CryptoQuant found that the platform has maintained a commanding lead with a whopping $1.9 trillion in spot trading volume. 2025 Sees Binance’s Spot Trading Volume Soar According to CryptoQuant’s...Read More
Binance has suspended a staff member accused of using insider information from a previous role at BNB Chain to front-run a token launch. The action follows an internal investigation launched on March 23 after a complaint was filed with the exchange’s internal audit team. The Investigation The suspect, who was part of the Binance Wallet...Read More
World Liberty Financial (WLFI) – the DeFi venture backed by US President Donald Trump – has launched a stablecoin called USD1. Pegged to the US dollar, the token is designed to function as a digital asset equivalent to the dollar and is currently available on both Ethereum and Binance’s BNB blockchains. WLFI’s USD1 Stablecoin Although...Read More
The leading cryptocurrency exchange has offboarded an unidentified market maker that failed to comply with the platform’s rules a few months ago. According to Binance, the market maker associated with the interoperable application blockchain Movement dumped millions of the network’s native token, MOVE, within 24 hours of its listing on the crypto exchange on December...Read More
Binance has maintained a reserve ratio above 100% for 29 consecutive months despite rumors of the crypto exchange selling off a significant portion of its Bitcoin reserve, according to blockchain analytics firm CryptoQuant. The reserve ratio is a key metric that shows whether an exchange holds enough assets to match customer balances. A ratio above...Read More
Whales have recently been making waves in decentralized finance (DeFi), accumulating millions in tokens like Uniswap (UNI), Maker (MKR), and Bounce (AUCTION) from Binance. In just three weeks, these deep-pocketed traders have built an unrealized profit of $32.9 million, marking an 87% gain on their investments. Whale Activity Heats Up Analysis shared on March 17...Read More
Changpeng “CZ” Zhao has denied claims that representatives of President Donald Trump’s family were involved in discussions to acquire a financial stake in Binance.US. This was after the Wall Street Journal (WSJ) published a report suggesting such talks had taken place. Details From The Statement Following the report’s release, Zhao addressed the claims in a...Read More
MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into the digital asset and blockchain sectors, securing a minority stake in Binance. A Strategic Deal for Crypto and Blockchain Innovation In a March 12 announcement,...Read More
Representatives of US President Donald Trump’s family reportedly held talks to acquire a financial stake in Binance.US, the American arm of the world’s largest cryptocurrency exchange. According to a report by the Wall Street Journal (WSJ), which cited people familiar with the matter, the discussion began last year after Binance reached out to allies of...Read More
Binance released an official report detailing actions taken against a market maker involved in irregular trading activities for GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, the crypto exchange identified misconduct by the market maker, who serviced both projects. Binance Cracks Down In response, Binance has offboarded the market maker and permanently barred...Read More
Leading cryptocurrency exchange Binance has revealed plans to delist nine stablecoins for users in the European Economic Area (EEA) on March 31 as regulatory pressure intensifies. The company noted that the affected stablecoins do not comply with the Markets in Crypto-Assets Regulation (MiCA) framework. Binance to Delist USDT on March 31 In an official blog...Read More
SHELL, the native token of AI consumer layer MyShell, has surged almost 34% in the last 24 hours, reaching an all-time high (ATH) of $0.6816. The uptick, which comes against the backdrop of a broader crypto market slump, looks to have been fueled by excitement over the token’s upcoming listing on Binance. Binance Listing Fuels...Read More
The use of cryptocurrency for payments has seen significant growth, as evidenced by Binance Pay’s expanding user base and transaction volume in 2024. According to data provided by Binance and analyzed by CryptoQuant, the number of Binance Pay users tripled from the previous year, reaching 41.7 million. This rapid adoption highlights the increasing role of...Read More
The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the impact of regulatory changes on trading...Read More
The US Securities and Exchange Commission (SEC) announced the launch of the Cyber and Emerging Technologies Unit (CETU) to combat cyber-related fraud and protect retail investors from risks in emerging technologies. Headed by Laura D’Allaird, CETU replaces the Crypto Assets and Cyber Unit and includes a team of roughly 30 fraud specialists and attorneys working...Read More
The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be gradually rolled out to “all eligible customers in the coming days.” The...Read More
Binance co-founder Changpeng Zhao (CZ) has denied speculation that the cryptocurrency exchange is up for sale. The former CEO has dismissed the claims as misinformation spread by competitors. Competitor Misinformation “Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao stated on February 17 in a post on X. “As a shareholder,...Read More
Changpeng Zhao, the founder and former CEO of Binance, has said he will consider a community suggestion to create a meme coin inspired by his pet dog. The idea emerged after a viral social media exchange in which users pushed him to reveal his dog’s name and picture. A Possible Change in Perspective The discussion...Read More
Binance and the US Securities and Exchange Commission (SEC) have jointly filed a motion to pause the latter’s lawsuit against the crypto exchange for 60 days. This action follows the recent appointment of Chairman Mark Uyeda, who assumed leadership of the SEC last month. 60-Day Legal Pause The motion references the SEC’s newly established crypto...Read More
Binance founder and former CEO Changpeng Zhao (CZ) has spoken to his followers on X following the listing of TST on the exchange on Sunday. He clarified that while he does not oppose meme coins, he has never personally invested in them. CZ Explains His Views on Meme Coins Addressing concerns about his views, CZ...Read More
A test meme coin (TST) created for a tutorial on the Four.Meme platform experienced an unexpected surge in value following a social media post by former Binance CEO Changpeng Zhao, popularly known as CZ. The token, originally intended as a demonstration asset on the BNB Chain, saw its market cap skyrocket as traders and influencers...Read More
Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, regulatory compliance, and transparency. CME Group, Coinbase, and Bitstamp emerged as the top three most trustworthy crypto exchanges. The Top 5 Exchanges Chicago-based CME Group, an $85 billion firm with a long history in futures...Read More
Within just a day after its launch, Official Trump has become the talk of the town, with its price skyrocketing by triple digits. The asset has now received backing from two of the largest cryptocurrency exchanges amid its mindblowing rally and spectacular trading volumes. Binance, Coinbase Join the Pack It’s not every day that you...Read More
The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on both monthly and annual bases, fueling optimism for risk-on assets like Bitcoin. Binance Open Interest Spikes After CPI Data Within two hours of the CPI...Read More
The U.S. Supreme Court has rejected a petition from Binance and its founder, Changpeng Zhao. The two parties sought a review of a ruling that applies U.S. securities laws to the exchange despite its lack of a physical headquarters. The Supreme Court’s Ruling The January 13 ruling follows a lawsuit by investors who accused the...Read More
A recent survey conducted by the on-chain analytics platform CryptoQuant has revealed key trends in demographics and digital asset exchange preferences for crypto users in 2024. According to a report shared with CryptoPotato, CryptoQuant carried out the survey between November and December 2024. There were 1,478 respondents, all residing in Asia, Europe, North America, South...Read More
2024 was a remarkable year for the crypto industry, and leading entities and exchanges got a huge share of the cake. One such is the leading crypto exchange, Binance, which has a market share of almost 39% among centralized crypto trading platforms. According to an end-of-year report, the company saw unprecedented growth and crushed several...Read More
According to CryptoQuant’s latest data, Binance has reached a new milestone in its stablecoin reserves as it hit an all-time high of $31 billion recently. This marks a significant recovery and growth, as the reserves stood at just $7 billion in June 2023. Therefore, the latest figure reflects a nearly fivefold increase over six months....Read More
Crypto exchange giant Binance reportedly stopped more than $129 million from being lost to criminals in 2024. In its Anti-Scam Refund Initiative end-of-year report, the company outlined how it deployed cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to transform digital asset security from reactive measures to proactive defense strategies. Anti-Scam Initiative According to...Read More
Bitcoin saw a setback after the holidays, losing almost 4% in value over the past day. This latest dip briefly dragged its price under $95.2k on Thursday. In fact, following multiple corrections since mid-December, Bitcoin has nearly wiped out its monthly gain. However, data suggests there could be room for more upward movement. Declining Binance...Read More
