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 BTC outflows hit highest since mid-2023 as whales deposit stablecoins
Binance BTC reserves fell by nearly 40,000 coins since Sept. 20 as whales returned stablecoin capital to their exchange wallets. 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.…
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The fiveyear deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.…
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