Binance is expanding its compliance team by 1,000 employees to address rising regulatory demands, aiming to manage increased costs and scrutiny from U.S. authorities. The company has also prevented $2.4 billion in potential fraud losses this year, highlighting its commitment to enhancing security and regulatory alignment.
AnaisToncoin (TON) surged 12% on Thursday following Binance's announcement of its listing on 8 August at 6PM SGT, with withdrawals available 24 hours later. Will TON breakthrough its upper resistance or test its lower support?
KikyoThe 28th quarterly burn by the BNB Foundation eliminated $971 million worth of tokens, reinforcing the ecosystem’s commitment to reducing total supply and potentially increasing value.
SanyaThe SEC's attempt to classify BNB secondary sales as securities fails, though investigations into Binance’s activities continue.
ZeZhengBinance seeks dismissal of £10 billion lawsuit over BSV delisting controversy, arguing against claims of impeding its potential growth. Legal battle could impact exchanges and crypto community.
EdmundBNB rises 10% to $695, surpassing yearly high. Analysts foresee $1000 target, bullish trend. Regulatory ease and strong trading metrics support surge.
Huang BoBinance adapts to EU's stablecoin regulations, restricting access to unauthorized stablecoins by June-end, impacting various services and product offerings in the EEA.
Xu LinLuna Foundation Guard's significant token transfer raises eyebrows. AVAX and BNB struggle post-shift. LFG prioritizes fund security, transparency with custody solution plans.
Xu LinFlorida Court overturns Binance ban, citing procedural flaws. BNB surges amid broader market uptrend.
Huang BoDespite his four-month prison sentence, Changpeng Zhao’s $33B personal net worth, which is set to keep growing, makes him the richest US inmate in history.
KikyoLitigation and rebuttal often lag in correcting mistakes, and the best way to change negative impressions is to grow positive value. In the field of crypto assets, this is true for Bitcoin, and so must Binance.
JinseFinanceKMT legislator Wang Hongwei raised concerns during a Legislative Yuan session about the Ministry of Justice's cooperation with Binance, the world's largest cryptocurrency exchange. She accused Binance of being notorious for money laundering and international crime, calling for an end to the partnership. In response, Binance emphasized that it has never been penalized for fraud and actively collaborates with global law enforcement agencies.
WeiliangSocial media platforms, particularly Meta's, are increasingly targeted by scammers worldwide, raising concerns about user safety and the effectiveness of platform moderation. Despite efforts to combat scams, Meta's response to fabricated news and inadequate safety measures underscore the ongoing challenge of protecting users from online threats.
WeatherlyBinance Collaborates with Taiwan High Prosecutors Office to Launch the 'Nationwide Training Programme' to Combat Financial Fraud.
OliveIn a move to combat telephone fraud, a law enforcement agency recently executed an operation that led to the apprehension of two individuals, aged 20 and 33. The arrests took place in a public facility, and the suspects are currently under investigation for their involvement in a series of fraudulent activities.
JoyFTX clientele finds itself confronted by a deceptive priority withdrawal scam. These misleading emails purportedly originate from FTX Trading, West Realm Shires Services, and FTX EU.
CatherineThe scam of JPEX is heavily dependent on the “celebrity effect” to infiltrate various platforms, channels, and even different regions for promotion.
OliveHong Kong police has issued an advisory to the public regarding a growing threat posed by scammers masquerading as representatives of Binance and disseminating deceptive messages.
KikyoBinance carried out an initial pilot phase of the program in Hong Kong in collaboration with the local police force.
CryptoSlateCybercriminals drew thousands to a fake stream on YouTube inducing many to click on fake cryptocurrency advertisements.
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