Report: Binance Thwarted Scams to the Tune of $129M in 2024

The report was published by the exchange to highlight its Anti-Scam Refund Initiative. Binance Users Could Have Lost Millions in Scams Binance, the world’s largest cryptocurrency exchange, published a report on Monday showing that it foiled malicious scams on its platform that could have cost its users as much as $129 million. The company, whose … Read more

Binance Introduces Sixth Batch Of Spotlight Projects On Binance Alpha

Binance has unveiled the sixth batch of its Spotlight Projects on Binance Alpha, featuring $YNE (@yesnoerror), $GOUT (@GOUTCoin), $GEL (@gelatonetwork), $UFD (@BasementRon), and $GAME (@GAME_Virtuals).   https://twitter.com/bsc_daily/status/1871493243164410053?t=fPcCB_8utTKMeN85ZsADew&s=19 Among these, $GAME has been making headlines as its popularity continues to soar, driven by the growing AI meme trend. One savvy investor, identified as Smart Money 0xBD4…c87E1, achieved … Read more

Australia’s ASIC Sues Binance for Misclassifying 505 Retail Investors

Australia’s securities regulator is suing Binance’s local subsidiary for allegedly misclassifying 505 retail investors as wholesale clients. Retail Users Misclassified Australia’s securities regulator is suing Binance’s local subsidiary for allegedly misclassifying 505 retail investors as wholesale clients, thus denying them appropriate consumer protections. In its lawsuit filed in federal court, the Australian Securities and Investments … Read more

Binance and Circle Announce Strategic Partnership to Advance Global Crypto Adoption

Key partnership between Binance and Circle seeks to accelerate the adoption of USDC and digital assets worldwide. Binance and Circle Join Forces for Global Crypto Adoption A new strategic partnership between Binance and Circle Internet Group was launched at the Abu Dhabi Finance Week. The cooperation will increase the use of USD Coin (USDC) and … Read more

Binance Ranks as the Most Visited Crypto Site and 6th in Financial Services: Cloudflare Report

According to Cloudflare’s 2024 web traffic report, Binance is the most visited cryptocurrency platform. Binance Attracted the Most Web Visits in Crypto for 2024 Binance solidified its position as a dominant force in the digital assets ecosystem in 2024. According to Cloudflare’s latest report, Binance not only retained its title as the most visited cryptocurrency … Read more