Binance Futures Surge 80% in June as Spot Markets Hit Two-Year Low
Binance reportedly saw a significant increase in futures trading volume last month, with figures suggesting an 80% jump from May’s volume and marking a high point for the year. This increase occurred while crypto spot markets were running at their…
Bitcoin Price Holds Above $63K as Analysts Eye $74K Target, Boosting Interest in Scaling Solutions
Bitcoin price is demonstrating sustained market resilience, consolidating its position just under the $64,000 threshold. Despite shifting global energy dynamics and macroeconomic headwinds, trading volumes remain robust. BTC successfully reclaimed the…
Binance co-CEO says 70% of EU withdrawals went to self-custody after MiCA deadline, with just 30% going to licensed platforms
Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.
Ripple CTO Proposes ReservedTxns to Block Front-Running on XRPL DEX
David Schwartz, co-founder of the XRP Ledger and Ripple CTO Emeritus, has proposed a two-component transaction reservation mechanism to address front-running and sandwich attack risks on XRPL’s native DEX and AMM. The proposal, surfaced in response…
Binance founder CZ says MiCA application was 'fully compliant' and near approval before political forces intervened
Binance founder CZ says the exchange's EU MiCA application was closed to approval before unnamed political forces weighed in.
Binance Pledges $3 Million in USDT to Aid Victims of Devastating Venezuela Earthquakes
The exchange will deliver these funds by distributing $20 USDT vouchers to users in the areas affected by the recent earthquakes. Binance is also eliminating P2P transaction fees for Venezuelan bolivars until July 2, and waiving Binance Pay fees. Binance…
Spain says 'no exceptions or extensions' for Binance, other crypto firms ahead of MiCA deadline
Industry leaders remain divided over MiCA, with some praising the framework while others warn it could limit customer access to liquidity.
Binance Withdraws Greece MiCA License Bid To Target Alternate EU Jurisdiction
Binance has reportedly withdrawn its Greek MiCA registration bid while targeting another EU jurisdiction for passporting rights.
Binance co-CEO remains 'committed' to securing EU license after exchange withdraws Greece bid
The world's largest crypto exchange only has one week to secure a license in legally operating in the European Union.
Binance withdraws Greece-filed MiCA application
Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc.