Crypto exchanges Binance, Coinbase join West Africa scam sweep that flagged $11 million
Privatesector partners flagged $11 million in funds that could be frozen, while officials reported cryptocurrency seizures without disclosing their value.…
Binance.US seeks $1B valuation in potential $100M funding round: Report
The crypto exchange was reportedly looking to use the additional funding to regain market share following Binance’s 2023 settlement with US authorities.…
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Binance to shut down crypto mining pool services in November
Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown. Source:Cointelegraph
Binance’s EU services face scrutiny over licensing exemption: Report
EU regulators are reportedly examining Binance’s use of a MiCA exemption to serve customers as ESMA seeks stronger enforcement powers. Source:Cointelegraph
Binance Pay lets visitors spend USDT at PayPay merchants in Japan
Binance Pay will let overseas users spend USDT at most PayPaysupported merchants in Japan through HIVEX, while stores receive yen. Source:Cointelegraph
Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Greece joined the EU MiCA register with four providers as HCMC expanded its denial of remarks attributed to officials in a report on Binance.…
Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push
Rachel Conlan and Jamal Raees join as Solana aims to court institutions moving payments and assets onchain. Source:CoinDesk
Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a…
Binance takes $100M stake in Circle under expanded USDC deal
Circle sold Binance $100 million in stock and agreed to pay monthly incentives under an expanded fiveyear partnership promoting USDC. Source:Cointelegraph
Binance buys $100 million Circle stake in five-year USDC promotion deal
Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure. Source:CoinDesk
Binance launches 24/7 FX perps with weekend pricing system
Binance is joining a growing number of crypto exchanges offering aroundtheclock exposure to foreign exchange markets through perpetual futures.…