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Showing posts with the label binance

Hyperliquid vs Binance drama unfolds in real-time

Tensions between Hyperliquid and Binance reached an emotional climax on Friday night as crypto traders lost a collective $600 billion within half an hour of Donald Trump’s threat to renew a tariff war with China. As the relatively small Hyperliquid continues to market itself as a Binance competitor, it’s drawn Binance founder Changpeng Zhao into a social media spat over the market crash. Hyperliquid co-founder Jeffrey Yan and Zhao are arguing about their respective reporting systems for liquidations, reimbursements for users, prevention of market manipulation, the resilience of their respective proprietary tokens, and which exchange is sufficiently capitalized to weather the tumultuous storms of crypto. From over $3.9 trillion, the combined market cap of crypto assets fell to under $3.3 trillion within 30 minutes of Trump’s Friday afternoon threat . Stablecoins de-pegged, and even billion-dollar coins like Cosmos flash-crashed 99.9% on Binance. Although prices tan...

BNB Price Pumps 3% After CZ Proposes Slashing Binance Chain Fees 50%

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The BNB price climbed 3% in the last 24 hours to trade at $1,013.17 as of 12.05 a.m. EST on a 9% decrease in daily trading volume to $4.14 billion. This comes after Binance co-founder Changpeng Zhao, aka CZ, suggested a 50% cut in fees on the Binance Chain. Lower transaction fees could attract new projects and users to the Binance ecosystem, helping boost revenues and BNB. Let's reduce fees by another 50% on #BNB Chain? 🤷‍♂️ https://t.co/dtcf6QcaTD — CZ 🔶 BNB (@cz_binance) September 23, 2025 The BNB Chain also plans to cut its minimum gas fee in half, from 0.1 Gwei to 0.05 Gwei next month, while speeding up block times from 750 ms to 450 ms. The goal is to push average transaction costs down to about $0.001. This follows earlier fee cuts in April 2024 and May 2025, showing a steady push to make the network cheaper.  The proposal aims to help BNB Chain compete with low-cost, fast networks like Solana and Base. While the move could attra...

World Liberty Financial Tops Gainers With 28% Pump After Whale Buys $2.8M WLFI On Binance Despite Blacklisting Controversy

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World Liberty Financial surged 28% to top gainers after a whale bought $2.8 million worth of WLFI from Binance despite controversy over blacklisted addresses tied to TRON’s Justin Sun.  Following that strong 24-hour performance, WLFI trades at $0.2348 as of 1:02 a.m. EST, data from CoinMarketCap shows.  WLFI price chart (Source: CoinMarketCap)  Whale Buys WLFI From Binance Amid Wallet Blacklisting Controversy WLFI’s surge comes after a whale withdrew $2.84 million worth of tokens from Binance, the largest crypto exchange by 24-hour volume.  According to on-chain data from Arkham Intelligence that was cited by on-chain analytics platform Lookonchain in an X post earlier today, the whale acquired 13 million tokens in the last few hours. A newly created wallet withdrew 13M $WLFI($2.84M) from #Binance 8 hours ago.https://t.co/tBfJoSAQaC pic.twitter.com/YrJBeVAUTg — Lookonchain (@lookonchain) September 7, 2025 Lookonchain also said that t...

New Ethereum (ETH)-Competitor Leaps Over 40% Following Official Binance Listing

A new rival of Ethereum (ETH) is seeing a massive boost in price after gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will officially add the layer-1 blockchain Initia (INIT) to its suite of products starting on April 24th, preceding a spike in price for the asset. INIT went from a low of $0.605 on April 24th to a peak of $0.921 just a few hours later. The digital asset has since retraced and is trading for $0.88 at time of writing, a 40.95% increase during the last 24 hours. On its official website, the development team behind Initia says the project is designed to offer rollups and infrastructure for appchain development and streamline the development process by reducing the decisions developers have to make. According to the project, developers spend a lot of time creating rollups – or transactions processed in large batches off-chain as a means of increasing efficiency, which prevents ...

Binance's memecoin platform loses almost $200K in hack

Binance’s memecoin platform, Four Meme, has suffered a malicious attack that’s reportedly led to losses of more than $180,000 worth of Binance Coin (BNB). Four Meme shared an “Emergency Announcement” today that said, “We are currently experiencing a malicious attack, and our team has intervened immediately to address the issue.”  It added, “To ensure security, token LP launched on @PancakeSwap is temporarily suspended, and will be reopened once our development team completes the fix, on-chain trading is operating normally.” Emergency Announcement We are currently experiencing a malicious attack, and our team has intervened immediately to address the issue. To ensure security, token LP launched on @PancakeSwap is temporarily suspended, and will be reopened once our development team completes… pic.twitter.com/kll3tI5Pme — Four.Meme (@four_meme_) February 11, 2025 Read more: Whitehat hacker rescues $1.5M from first DeFi hack of 2025 According...

Three Low-Cap Altcoins Rip As Top Crypto Exchange Binance Announces Trading Support

Three low-cap altcoins are surging after the top global crypto exchange Binance, rolled out support for them. In a new announcement, Binance says that it is adding futures contracts for COOKIE, the utility token for the marketing finance (MarketingFi) ecosystem Cookie DAO, artificial intelligence (AI) focused project Alchemist AI (ALCH) and AI agent-related project Swarms (SWARMS). Amid the listing news, COOKIE surged by double percentage points. COOKIE is trading for $0.64 at time of writing, up 11.1% in the last 24 hours. With a market cap of $185.8 million, COOKIE is the 413th largest crypto project. Meanwhile, Alchemist AI is up more than 34%, trading for $0.22 at time of writing. With a market cap of $190.8 million, the Solana (SOL)-based altcoin project is the 404th largest crypto project. Lastly, Swarms shot up on Tuesday to an all-time high of $0.60 before retracing. Swarms is trading for $0.46 at time of writing, up marginally in the last 24 hours. Wi...

Crypto Intelligence Platform Arkham Announces New Spot Trading Exchange Coming to US

Market analytics platform Arkham Intelligence is announcing the launch of a new spot trading exchange. In a new thread on the social media platform X, the crypto intelligence firm says it plans to start a new spot trading service in the US, launching as soon as next week. However, Arkham notes that some US users will have to wait until the platform is fully regulated. “Eligibility varies by jurisdiction. Users residing in the United States will be excluded from onboarding until onboarding is legally permitted in their country and state.” According to previous reports, Arkham first announced in October that it would be launching a derivatives exchange as a means of competing with Binance, the biggest crypto exchange in the world. Anonymous sources familiar with the matter said at the time that Arkham – which launched in 2020 – was building the technology and digital infrastructure needed to operate the exchange themselves but was in talks with invest...

Baby Doge Coin Price Prediction: BABYDOGE Pumps 18%, But Investors Rush To Buy This Solana GambleFi Token Before It’s Too Late

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The Baby Doge Coin price surged 18% in the last 24 hours to trade at $0.000000002321 as of 4 a.m EST on trading volume that skyrocketed 388% to $97 million. The meme coin’s price skyrocketed after the launch of BabyDoge trading pairs on Binance yesterday, September 25. The new BabyDoge trading pairs are now live on @binance. You can trade against FDUSD and TRY using the links below: FDUSD: https://t.co/yUhhXJ1QxV TRY: https://t.co/NFxzq6oetX pic.twitter.com/XLJJ6lUBZM — Baby Doge (@BabyDogeCoin) September 25, 2024 After that, the project reminded its community that the Baby Doge PAWS wallet is coming soon for iOS and Android devices. The project also noted that Binance Earn has added Baby Doge to their Simple Earn offerings, allowing users to deposit Baby Doge to their Binance account and earn APY on the BABYDOGE tokens, Binance Earn has added BabyDoge to their Simple Earn offerings. Deposit BabyDoge to your Binance account, and earn APY on your BabyDoge below: http...

Analysis: Why is Binance Rapidly Listing Tokens from the TON Ecosystem? What's the Future Outlook?

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WuBlockchain founder Colin and @WuliGy had an in-depth discussion about the recent developments in the TON ecosystem. Binance has recently listed five TON-related tokens in a row, which has garnered widespread attention. @WuliGy, with extensive experience in research and data Analysis at major exchanges and a long-standing focus on memes and TON, shared his insights. We discussed the unique characteristics of each token listed, why exchanges are so fond of the TON ecosystem, and which projects and trends have promising potential moving forward. This transcript was generated by GPT, so there may be some errors. For the full podcast, please listen here: YouTube: Spotify , Apple Podcasts Why Did Binance List So Many TON Tokens in a Row? Colin: Today, we’re diving into the latest developments in the TON ecosystem, particularly how Binance has listed five TON-related tokens in a row, which is pretty unusual for them. Can you explain why Binance is so keen on listing so many TON-related tok...

Binance delists 'stablecoin' AEUR after it pumped 200% on launch

Binance listed ‘ stablecoin ’ Anchored Coins EUR (AEUR) with a zero trading fee promotion on Monday, which pumped nearly 200% before the Crypto exchange halted trades the next day due to “abnormal volatility.” Swiss-based Anchored Coins claims that its AEUR stablecoin is pegged to the euro. Upon launch, it traded around $1.08 as intended until 17:45 UTC — when high volumes raised the price up to $3.25, CoinDesk reports. According to Binance’s site, AEUR had crept down to $1.71 when the stablecoin was pulled. It lists the stablecoin’s market cap at $13.99 million at press time, with a 24 hour volume of $34.61 million and $5 million in circulation. CoinDesk noted that the last trade was made for $2.89, or 167% beyond the price of the euro. Binance halts trading on euro stablecoin $AEUR after it pumped 170% pic.twitter.com/uHgxBgSLQM — db (@neuralinkdb) December 5, 2023 Read more: Moody’s reports 600 stablecoin depegs in 2023 Anch...

Massive Shiba Inu Exodus from Binance as New Whales Surface

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Recent data from Etherscan shows that two previously inactive cryptocurrency wallets, “0x6ab” and “0xA75”, have received substantial withdrawals of Shiba Inu (SHIB) tokens from the exchanges Binance and MEXC, totaling 61 billion SHIB. This indicates new Shiba Inu whales surfacing At current market prices, these transactions are valued at over half a million US dollars. Prior to receiving the SHIB, neither wallet appeared to have any previous transaction history or account activity. Also read: Kraken Expands European Footprint: Secures Regulatory Approvals in Ireland, Spain New Shiba Inu wallets emerge with no prior transactions The first wallet received its SHIB directly from Binance, while the second wallet obtained its tokens from another anonymous wallet that had withdrawn them from MEXC. Shortly after, both wallets deposited their newly acquired SHIB tokens back onto Binance, using different transfer routes. Also read: Chase Bank...

Binance CEO responds to rumors, says US executive is 'taking a deserved break'

Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal. Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he i “ taking a deserved break " after a successful two year stint at the company.  Binance.US is a subsidiary of Binance Holdings, and the U.S. based exchange has seen a handful of other top executives recently step down from the firm amid lawsuits from the Securities and Exchange Commission and Commodities Futures Trading Commission.  In a Sept. 15 statement via X (Twitter), CZ urged people to "ignore FUD" around the recent shuffling of execs, as he suggested that Shroder was leaving the firm amicably after accomplishing everything he "set out to do when he joined two years ago." "Under his leadership, Binance.US raised capital, improved its product and servic...

SEI Volume Surpasses $1 Billion in 24 Hours: Koreans 'Horde' Token

Sei Labs revealed that the blockchain’s mainnet went live after a successful testnet phase that featured 7.5 million unique wallets, and over 400 million transactions. Parallelly, the network’s native token, SEI also got listed on exchanges including Binance, Kraken, and Huobi. The project’s blockchain has been specifically designed for seamless trading and the efficient exchange of crypto assets. The aggregate trade volume of the SEI token was greater than $1 billion in the daily timeframe. Chinese Journalist Colin Wu brought to light that around half of the SEI, trades took place on Korea’s Upbit exchange, featuring the SEI/KRW pair. The SEI/USDT pair on Binance, on the other hand, contributed 21.89% to the total share. Wu pointed out that SEI’s price on Upbit once had a difference of more than 100% when compared to the price on other exchanges. However, it soon bridged the gap. Owing to the ‘Kimchi’ premium effect, the asset’s valua...

Regulatory body in Nigeria wants Binance banned

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On Aug. 9, 2023, local reports revealed that the Association of Bureaux De Change Operators of Nigeria (ABCON), responsible for formulating regulatory frameworks for naira-dollar exchange, wants Binance banned . Nigeria taking action ABCON asserted that Binance’s activities contribute to the strain on the naira, a sentiment echoed by Nigeria’s Securities and Exchange Commission (SEC) in a June 2023 statement.  The SEC emphasized that Binance Nigeria lacks proper registration and regulation, rendering its operations in Nigeria illegal.  As the guardian of investor interests, the SEC underscored the substantial risks of dealing with Binance Nigeria or similar unregistered platforms.  You might also like: Nigeria SEC declares Binance operations in country illegal Notably, in May 2022, the SEC also issued a rulebook categorizing all cryptocurrencies as securities. The association noted a shift in sentiment in the prevailing foreign currency market scenario....

Binance secures Dubai’s MVP operational license

Binance has received an MVP operational license from Dubai regulators, enabling it to serve institutional and qualified retail investors.  Binance FZE, a subsidiary of Binance, has obtained an operation al Minimum Viable Product (MVP) license from Dubai’s crypto regulator, the Virtual Asset Regulatory Authority (VARA), according to a blog post. Earlier Binance got a provisional MVP license and a preparatory MVP license in May 2022 and September 2022 respectively.  You might also like: Binance and CZ file motion to dismiss CFTC’s lawsuit With the latest approval, Binance can provide exchange and broker-dealer services to Dubai residents, starting with institutional clients and qualified retail investors.  “With this operation MVP license, all users onboarded through this platform can expect access to a trusted and regulated service that prioritizes security alongside compliance with highly specialized, tier-one virtual asset regulations under VARA. Bin...