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The world’s largest crypto exchange platform by trading volume is adding support and airdropping for Chainbase (C), an artificial intelligence (AI) altcoin that integrates blockchain interfaces. In a new announcement, Binance says that Chainbase will be the newest token added to the HODLer Airdrops program, which gives users awards based on their balance of BNB, the native asset of Binance. “Binance is excited to announce the 28th project on the HODLer Airdrops page – Chainbase (C). Chainbase is a Hyperdata Network for AI.” Binance also added the token to its other programs– such as Binance Simple Earn, “Buy Crypto”, Binance Convert, and Binance Margin – before it shot up in price. News of the additions caused C to spike, going from a July 17th low of $0.125 to a peak of $0.51 just a day later. The asset has since retraced and is trading for $0.401 at time of writing, a staggering 229.7% gain during the last 24 hours. On its w...

The world’s largest crypto exchange by trading volume is adding support for an asset linked with President Donald Trump’s new decentralized finance project, World Liberty Financial (WLFI). In a new announcement, Binance says it will add support for the stablecoin World Liberty Financial USD (USD1), a dollar-pegged digital asset managed by the crypto asset manager BitGo. “Binance is excited to announce that World Liberty Financial USD (USD1) will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, and Binance Margin [on May 22nd].” USD1, which was designed to keep a 1:1 peg to the US dollar, launched in March and recently formed a partnership with the decentralized oracle provider Chainlink (LINK), allowing it to be seamlessly transferred over numerous blockchains. The collaboration allows the stablecoin to be used over Chainlink’s Cross-Chain Interoperability Protocol (CCIP), an interoperability protocol launc...

Binance suspended a member of its wallet team on Tuesday for insider trading after he was discovered leveraging information from his previous BNB Chain role to front-run an undisclosed token release. An insider trading report shared by Binance revealed how the man, aware of an upcoming token-generation-event, bought large amounts of the token with multiple wallets, knowing it would make him a profit.  Binance was tipped off on March 23, and, after an investigation, suspended the individual and is taking “appropriate legal action .”  Binance employees can now trade up to $5,000 in crypto, report Read more: Traders speculate about mystery crypto exec behind alleged $10B divorce Binance didn’t reveal their identity, but users on X appeared to reveal that the man is called Freddie Ng. One wallet shared by the user “py” on DEX Screener appears to show that Ng made $82,400 from at least one wallet involved in the insider trading of uDEX’s UUU token. ...

A memecoin launched on the BNB Chain put up massive gains after top global crypto exchange Binance rolled out support for it. In a new announcement, Binance says that it is adding support for Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using its Four.meme launchpad platform. Amid the listing news, TST soared to an all-time high of $0.5113 from its low of $0.02607. The memecoin has since retraced. TST is trading for $0.1717 at time of writing, down 43.7% in the last 24 hours. With a market cap of $163.4 million, TST is the 353rd largest crypto project. Some crypto whales trading TST are looking at massive profits, according to blockchain tracking firm Lookonchain. “dingaling deposited all 1.79 million CHEEMS ($2.2 million) and 4 million TST ($1.74 million) into Binance [Sunday], making a total profit of ~$4.7 million… After Binance announced the listing of TST, the price skyrocketed to $0.40! The ...

Binance, the largest cryptocurrency platform, has announced Binance PayDay, a promotional event meant to encourage crypto usage during the holiday shopping season, as reported to Finbold on Thursday, November 28.  PayDay runs from November 28 to December 12, 2024, and Features $200,000 in PEPE cashback rewards. Binance PayDay promotions The initiative Features two promotions designed to encourage crypto purchases.  Picks for you Ethereum price approaching ‘trouble area’, crash below $3,000 imminent? 2 hours ago Is this time different? Expert explains why altcoins are underperforming 19 hours ago SUI prepares for its largest...

Users of the decentralized betting platform Polymarket believe Popcat (POPCAT), Mog Coin (MOG) and Moo Deng (MOODENG) will be the next cryptos to list on Coinbase and Binance, but they may have overlooked two other dark horse candidates that are having roaring early-stage success. Mog Coin currently holds the lead in the Polymarket contract asking which coin will be next to list on Coinbase, with a 25% chance of winning a coveted listing on the biggest US crypto exchange. Popcat comes in second with an 18% chance, and Goatseus Maximus (GOAT) is third at 13%. Meanwhile, Popcat and MOODENG are joint favorites to win the next Binance listing, with odds standing at 10%. GOAT comes in third with odds of 5%, and MOG fourth with odds of 4% to be the next in line to list on the world’s biggest crypto exchange. Other top meme coins to feature in Polymarket betting odds on the next listings on major exchanges include Peanut the Squirrel (PNUT), NEIRO, and FWOG. Might These Two Meme Coi...

USDT, the stablecoin issued by Tether, is reportedly experiencing the impacts of Chinese investors suddenly returning to their nation’s stock market. According to a new report by Bloomberg, USDT has at times traded below the value of the US dollar since the end of September. Stablecoins are usually pegged to the dollar or other assets at a 1:1 ratio. According to Dessislava Aubert, a senior research analyst at blockchain data firm Kaiko, the stablecoin discount coincided with China’s central bank implementing several easing measures in an effort to alleviate a worsening economic outlook that sent stocks surging upward. Says Livio Weng, chief executive officer of Hong Kong-based crypto exchange Hashkey, “If the traders are rushing to exchange back into fiat currency, it can be inferred that they are panic buying Chinese stocks.” Aubert suggests the slight USDT discount is indicative of a higher demand for dollars than the stablecoin. Des...

Binance, the world’s largest cryptocurrency trading platform, launched Toncoin (TON) on the Binance Launchpool today. The move when first announced singled incoming momentum for TON, and the asset is expected to benefit from the latest listing. At press time, The Open Network’s token is trading at $6.55, a rough 6% drop in 24 hours. However, there are still hopefuls predicting the asset to jump in price over the coming week. Currently, price predictions for Toncoin (TON) are bullish, with investors swooping in on the latest Binance listing. TON debuted on Binance with Bitcoin, USDT, FDUSD, and TRY trading pairs. The recent climb for the asset has set a realistic target of recovering to $7 this weekend. The Binance exchange also announced TON futures trading earlier this year. Specifically, it arrived in early March, as the year has been a massive one for The Open Network. Throughout 2024 thus far, Toncoin has already surged a remarkable 170%. Yet, many experts predict even more g...

Today, the crypto currency market has seen a minor downturn, with Bitcoin (BTC) sliding from its recent high of $70,000 to the $68,000 level. Ethereum (ETH) has also experienced a decline below the $3,900 mark, while other major altcoins such as Solana (SOL), XRP, and Cardano (ADA) have followed suit, experiencing a drop in value. However, despite this pullback, several crypto currencies are displaying resilience and potential for growth in the upcoming week. Here are the top three coins to monitor: Bitcoin (BTC) Source Despite the recent dip, Bitcoin has managed to maintain its position above $68,000. At the current time, Bitcoin is priced at $68,508.25, marking a decrease of 1.50%. Notably, there has been a significant surge in trading volume, which has risen by 43.47% to $36.63 billion over the past 24 hours. Bitcoin’s market cap remains strong at $1.34 trillion. It’s worth mentioning that despite the current downturn, Bitcoin witnessed a notable 7.81% surge throughou...

Bitcoin Ordinals have recorded remarkable growth since the end of October. ORDI’s token has also jumped by 119% since early November. NuggetRush’s presale has soared by 30% since its presale’s launch. Binance listed ORDI in November. Its market capitalization has now soared over $1 billion. Analysts expect this growth to continue due to current market bullishness. NuggetRush (NUGX) has also caught the attention of investors after its mining game sold over 86 million presale tokens. The project holds the potential to become a top gaming project. Yet, can it outperform other new ICOs? Let’s see what experts think. Ordi climbs into top 100 cryptocurrencies after Binance listing The crypto market has been stunned by ORDI’s sharp market jump since the end of October. Several cryptocurrencies rallied as investors increased their digital asset holding following calls for spot crypto ETFs. Ordi and several cryptocurrencies recor...

Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC. A US judge has approved the $2.7 billion and $150 million fine that Binance and former CEO Changpeng Zhao agreed to pay as settlement with the Commodity Futures Trading Commission (CFTC). The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC in November. Zhao also resigned as Binance CEO as part of the settlement, and later stepped down from the Binance.US board. Binance to pay $2.7 billion and Zhao $150 million A press release by the CFTC announced that Judge Manish Shah of the District Court for the Northern District of Illinois had issued an order approving the settlement and concluding the regulator’s enforcement action against Binance and CZ. Per the court order, Binance founder Zhao will pay a $150 million fine, while Binanc...

From Jan. 31, 2024, 00:00 UTC, the P2P platform of the Binance cryptocurrency exchange will stop supporting trading pairs with the Russian ruble . According to the statement, users can withdraw funds in this currency through the exchange’s fiat partners, convert them into cryptocurrency on Binance Convert, or exchange them on the spot market. The statement added that users can place orders of the Russian ruble on CommEX, which owns the Russian business of Binance. “To use CommEX for P2P trading, simply register for or log into the CommEX account and connect it to the corresponding Binance account. Once the connection is complete, users can transfer their assets from Binance to CommEX and continue P2P trading with Russian Ruble (RUB) on CommEX.” Binance announcement You might also like: Is Binance in trouble? In September, Binance announced it exited Russia and sold its business to CommEX. The exchange promised its Russian users a systematic transition ...

In a Sept. 6 post on X, Lookonchain pointed out that Polygon Foundation had transferred millions of dollars worth of MATIC, their native token, to Binance, the world’s largest crypto exchange. Such transfers are often interpreted as bearish. However, Sandeep Nailwal, the founder of Polygon Labs, has since denied this claim saying it was a case of mislabeling. The blockchain analytics tool, Lookonchain, flagged two addresses, “Polygon Foundation: 0x8d36” and “Polygon Foundation: 0xf957,” which had collectively moved $5.5 million worth of MATIC to Binance in a month. Of this, more than half was allegedly deposited on the exchange in the last two days. Is Polygon Foundation selling $MATIC? We noticed that "Polygon Foundation: 0x8d36" deposited 6M $MATIC ($3.35M) to #Binance in the past 2 days. And another address "Polygon Foundation: 0xf957" deposited 4.6M $MATIC ($2.57M) to #Binance in the past 30 days. pic.twitter.com/zsQsB9PF3g ...

Visa also reportedly stopped issuing new co-branded cryptocurrency cards with Binance in Europe as of July. Global payment giant Mastercard is reportedly ending its crypto currency card partnership with Binance crypto exchange next month, according to a Bloomberg report. The report didn't divulge the reason for the change, but implied it might be due to increased regulatory scrutiny of the beleaguered crypto exchange. Mastercard and Binance will end their four crypto card programmes in Argentina, Brazil, Colombia starting Sept. 22, Bloomberg reported on Aug. 24. The decision to end the program will not impact any of Mastercard's other crypto card programmes, the firm reportedly said. The wind-down period will allow cardholders to convert any holdings in their Binance wallets, it added. The Mastercard and Binance’s prepaid crypto card allows users to make payments in local fiat currencies, funded by their crypto holdings on the exchange. The end of the collaboration comes...

National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams. Another major bank in Australia has said it will block certain crypto currency platforms, citing high levels of scam risk in the industry. On July 17, National Australia Bank (NAB) announced a set of new measures to protect customers from fraud as part of its “bank-wide scam strategy.” Alongside halting millions in payments between March and July 2023, NAB will also introduce blocks on “some crypto currency platforms” to help protect customers from scams . NAB did not specify the names of the cryptocurrency exchanges expected to face blocks from the bank. NAB executive for group investigations and fraud Chris Sheehan only mentioned that the new blocks will affect “high-risk” platforms where “scams are more prevalent.” Sheehan stated: “These scammers are part of organized, transnational crime groups. Increasingly, we’re seeing them use cryptocurrency platfor...

Binance Launches Arkham Token Sale Binance Launchpad consists of projects that conducted an Initial Exchange Offering ( IEO ) via Binance Launchpad, a crypto crowdfunding platform for users to support projects through the exchange at an early stage. With projects like MATIC, Axie Infinity, Sandbox, Binance will now add Arkham Intelligence to its list. advertisement Wen Launchpad? – CZ Binance, July 10, 2023 Arkham’s token sale on Binance Launchpad will follow the popular subscription format, offering users the opportunity to acquire ARKM tokens. The token sale will have a launchpad hard cap of $2,500,000 USD, and a hard cap per user set at $15,000 USD. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affi...

Court filings by crypto exchange Binance claim that Securities and Exchange Commission ( SEC ) chair Gary Gensler approached the firm in 2019 and served as an “informal advisor,” and therefore should be recused in the SEC ’s lawsuit. In 2019, Gensler wasn’t yet the SEC chair but taught at MIT. According to a letter from Binance’s counsel, he sat down for lunch in March of that year with chief Changpeng Zhao (CZ) in Japan. During this meeting, the firm claims the pair discussed Binance opening an exchange in the US. The letter claims that Gensler offered to serve as an informal advisor during this meeting. “Mr. Gensler should have been recused from any consideration in this matter based on this history and the prospect that Mr. Gensler may be a material fact witness,” Binance’s counsel wrote. “To date, the Staff has never confirmed whether Mr. Gensler has recused himself.” The letter further claimed that Gensler gave CZ a sneak peek of his planned testimony before t...

Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in. Bitcoin’s price declined 5% in one hour on June 5 after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance on allegations of violating federal securities laws. Even though the $25,500 support held for Bitcoin, investors are still digesting the potential impacts of the regulatory action, which also involves Binance CEO Changpeng “CZ” Zhao. According to digital asset investment firm Arca CEO Jeff Dorman, the direct impact of an eventual shutdown of Binance operations in the U.S. is irrelevant. Furthermore, non-criminal charges from the past should not destabilize Binance’s present international structures. Still, Arca’s CEO expects negative market sentiment to prevail as the crypto community cheers for CZ and Binance. My 2 sats on SEC vs Binance Mostly irrelevant since no o...