Binance

Reuters reported that Binance supplied transaction records and identity documents to Russian authorities. These documents were later used in a terrorism-financing case against Yuri Belenkiy.

Binance was accused of handing user data to Russia, an action that reportedly contributed to the arrest of a Ukrainian donor. The issue highlights concerns regarding the handling of private user information by major platforms.

Researchers warn that quantum computers are advancing to a point where they could undermine cryptographic assumptions protecting digital assets. Experts indicate that over $2 trillion in crypto secured by elliptic curve cryptography is vulnerable and requires a 'great quantum migration.' The industry must replace its cryptographic infrastructure before sufficiently powerful quantum computers arrive.

Bitcoin futures open interest on Binance fell alongside the BTC price. Analysis from CryptoQuant flagged mounting pressure specifically on leveraged longs, suggesting that Bitcoin may face new lows in August.

Binance and RedotPay are involved in a $473 million legal dispute regarding a lawsuit in Singapore. Although RedotPay expects Binance to end its case, Binance maintains that its claims remain active.

Crypto firm RedotPay states it will defend itself against a lawsuit filed by Binance. The legal action involves RedotPay's response to allegations from the larger cryptocurrency exchange.

Binance-linked companies have sued RedotPay, alleging that it diverted over 470,000 Binance Card users under a commercial deal. The lawsuit seeks nearly $473 million in damages.

Trump's company offers real-time access to Truth Social posts via a paid API, charging up to $1.2 million annually. The service provides financial institutions and trading firms a speed advantage to react to market-moving posts. Congressional Democrats and regulators are investigating potential conflicts of interest and market manipulation.

A Dubai-based exchange linked to Iran, Shelbit, allegedly sent $676 million to Binance through a network involving Iranian gambling sites, the central bank, and the IRGC. The exchange processed over $4 billion since May 2024, according to Reuters.

CZ, the Binance founder, warned Bitcoin holders to distribute funds across multiple wallets following a $70 million loss from the Coldcard exploit, as Galaxy Research revised the estimated impact upward. The exploit's financial toll was nearly double the initial estimate.

Binance founder CZ has urged users to diversify their cryptocurrency wallets following a $70 million exploit involving Coldcard. The incident highlights concerns about security in digital asset storage.

RWA perpetual futures volume reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance. Tokenized equities led trading activity in this category.

Binance has launched new commodity options for gold and silver through its Abu Dhabi-regulated ADGM exchange. These options allow traders to gain exposure to gold and silver prices via Binance's regulated platform.

A new report claims that Binance's operations are complicating efforts to combat cryptocurrency-related crime. The report suggests the exchange's actions hinder investigations into illegal crypto activities.

Binance co-founder CZ supported crypto license passporting across ASEAN to streamline regulatory approvals and lower compliance costs. The initiative aims to foster competition among crypto service providers in the region.

Binance conducts monthly phishing simulations on its staff to preempt potential attacks. India has censored the code of BitChat, and South Korean crypto trading volumes have declined by 89%.

A user's Amazon account was permanently closed minutes after redeeming a $100 gift card purchased from Eneba's seller 'Smart Solutions'. Eneba refuses to refund the payment, requiring proof from Amazon that the gift card caused the ban, which Amazon does not provide. The user paid via Binance, making traditional chargebacks unavailable.

Binance’s Android app is no longer available on Google Play in some EU countries. The removal is linked to regulatory scrutiny over compliance with MiCA regulations.

Binance conducts monthly red team exercises to test employees' security hygiene, as social engineering is identified as a major source of industry breaches.

Bitcoin fell below $64,000 as rising US bond yields increased expectations for Federal Reserve rate hikes. Binance's 'plunge protection team' attempted to stabilize the price with bid liquidity to prevent further declines.

Binance recorded multimonth records for net BTC outflows, contributing to a trend of positive inflows into US spot Bitcoin ETFs.

Retail users in Vietnam trading on offshore crypto exchanges like Binance or OKX face heavy penalties. A controversy emerged in Malaysia over a ban on an Israeli citizen at Network School.

A study found that Polymarket’s five-minute Bitcoin contracts were manipulated by traders who siphoned $8.2 million from retail bettors. The manipulation exploited a Chainlink oracle averaging Bitcoin’s price across exchanges, allowing traders to influence closing prices in the final seconds of each contract cycle.

A user reports that XT Exchange has frozen their funds for 45 days despite submitting all requested KYC and source of funds documents, including multiple verifications and transaction records. The user claims full cooperation but has received no resolution or updates from customer support.

Binance's futures trading volume surged 80% in June, reaching $1.61 trillion, while broader crypto trading activity remained weak. The exchange outpaced its rivals during the period despite the slump in spot trading.

The Trump administration is easing export controls for the UAE, with the Commerce Department favorably reviewing exports involving MGX, which used a stablecoin linked to President Trump's family for a $2B Binance investment. Senator Warren criticizes the move as involving a 'corrupt' provision.

Binance co-CEO Richard Teng stated that 70% of EU user withdrawals after the service suspension moved to self-custody wallets, while 30% went to MiCA-regulated platforms. The figures reflect user behavior following the EU's MiCA regulatory deadline.

A Nigerian court adjourned a tax evasion lawsuit against cryptocurrency exchange Binance. The adjournment followed the prosecution's statement that the parties were still exploring reconciliation options.

The court adjourned a tax evasion lawsuit against Binance after the prosecution indicated the parties are exploring reconciliation. The case remains pending further developments.

Binance is exploring new licensing paths in Europe following a MiCA setback and expanding its regulatory presence in Asia, according to co-CEO Richard Teng. Regulators have invited the exchange to seek new licenses in the region.

Binance has introduced a new covered call yield strategy targeting Bitcoin holders seeking higher returns. The initiative leverages Bitcoin's popularity and demand for yield-generating opportunities.

Binance experienced $1.23 billion in weekly net outflows, a 207% increase from the previous week, with Ethereum withdrawals reaching a three-year high.

Binance argues that the EU's Market in Crypto-Assets (MiCA) regulation should be evaluated based on its licensing criteria rather than the entities it excludes. The exchange emphasizes the importance of focusing on inclusion and regulatory standards under MiCA.

Anchorage Digital has integrated off-exchange settlement with Binance. This addresses counterparty risk, a major obstacle for institutional capital in crypto markets.

Nearly 1,700 UK investors are suing Binance and founder Changpeng Zhao in the London High Court over claims of unauthorized crypto derivatives sales. The lawsuit alleges that Binance engaged in unauthorized derivative trading activities.

UK crypto investors are suing Binance and Changpeng Zhao for $200M, citing financial losses from the exchange’s derivatives offerings. One investor reported losing over $132,000 before restrictions were imposed on Binance.

Anchorage Digital and Binance have launched off-exchange settlement for institutional crypto trading, allowing clients to access Binance's liquidity while maintaining asset custody at Anchorage Digital Bank. The partnership uses Anchorage Digital's Atlas platform to separate custody from execution, mirroring traditional financial market structures.

UK investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the sale of unauthorized risky derivative products like leveraged instruments without regulatory approval. Claimants say they suffered significant financial losses.

Almost 1,700 British investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. The claimants allege Binance entities knowingly sold leveraged products, which can amplify gains or losses, and promoted them in breach of Financial Services regulations.

ESMA has warned that EU crypto clients must be served through a MiCA-authorized entity, prompting scrutiny of Binance's servicing model in the region following the MiCA deadline. Binance faces questions about its compliance with the new regulatory requirements.