• Binance sues Forbes
    Cryptocurrencies,  Media,  Regulation

    Binance sues Forbes, journalists over allegations of deceiving U.S. regulators

    The largest cryptocurrency exchange took issue with an article saying Binance.US was set up to enable it to avoid American anti-money-laundering laws

    The story in question, “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators,” claimed that Binance set up American crypto exchange Binance.US as a way to “intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.”

  • Binance $200K reward hackers
    Bitcoin,  Cryptocurrencies

    Binance pays $200K reward after hackers indicted

    The leading cryptocurrency exchange compensated investigators who identified the hackers behind a 2018 phishing attack, even though they are still at large

    According to a Nov. 11 announcement, Binance is granting most of the $250,000 reward that the exchange offered to pay for information leading to the arrest of the March 7, 2018 attackers. “Sometimes #SAFU takes time,” Binance CEO Changpeng “CZ” Zhao tweeted. “This took 2 years of effort, with close collaboration with multiple law enforcement agencies globally. But we don't give up.”

  • Binance.US Silvergate partnership
    Cryptocurrencies,  Regulation,  United States

    Binance.US announces Silvergate Bank partnership as parent Binance cuts off U.S. users

    Leading cryptocurrency exchange Binance is giving U.S.-based users 90 days to move to Binance.US or other exchanges; meanwhile Binance.US is stepping up its institutional game

    Binance.US, the American arm of the leading cryptocurrency exchange Binance, has partnered up with digital asset-friendly Silvergate Bank to offer corporate customers around-the-clock trading.

  • Binance Cloud enterprise offerings
    Technology

    Binance expands its Binance Cloud’s enterprise offerings

    Binance’s cloud service offering now also facilitates the development of decentralized finance products on Ethereum and the firm’s own Binance Smart Chain blockchain

    Binance Cloud now offers services for building decentralized finance (DeFi) products on the exchange’s Binance Smart Chain (BSC) and Ethereum blockchains. Furthermore, the offering now also includes perpetual futures and a direct link to payment providers, enabling partners to integrate third-party payment channels.

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