• 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

    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.

  • Binance recovers Wine Swap funds

    Binance recovers Wine Swap exit scam’s proceeds

    The exchange identified and contacted the scammer the day after he stole more than $345,000, forcing him to return the funds

    A Binance spokesperson said on Nov. 4 that the exchange had recovered 99.9% of the funds stolen in the exit scam conducted by automated market maker Wine Swap. Wine Swap launched on the Binance Smart Chain (BSC) on Oct. 13 as an automated market maker platform. In under one hour after its launch, the developers stole over $345,000 in customer funds.

  • Binance funds DeFI
    Cryptocurrencies,  Technology

    Binance funds five more DeFi projects

    The top crypto exchange wants a slice of the DeFi cake on its Binance Smart Chain blockchain

    Binance announced that the five projects will be supported by its $100 million accelerator fund for DeFi projects that leverage its smart contract-enabled blockchain Binance Smart Chain (BSC). With the first six projects financed by the exchange earlier this month, the total number of projects that the firm plans to fund has reached 11.