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Hyperliquid gambler James Wynn claimed that Binance hasn’t posted its proof-of-reserves, implying the exchange was putting it off, before an unhappy Changpeng Zhao labeled his statement as “FUD.” The now-deleted tweet from the pseudonymous hyperliquid trader said, “BINANCE HAS STILL YET TO POST PROOF OF RESERVES ️️  Binance has notoriously posted their proof of reserves on the 1st of every month !!” The former Binance CEO responded, “Bruh… FUD,” clarifying that a snapshot of Binance’s proof of reserves is taken on the first of the month, but that it often takes a few days to publish it. Bruh… FUD. 4. Binance usually takes a few days to publish. Usually on 5th or 6th. The snapshot is taken on the first. Check the history properly please. Thank you for your attention to Binance. — CZ BNB (@cz_binance) July 4, 2025 FUD is an acronym for “Fear, uncertainty, and doubt.” Read more: Binance moved $8 billion off its proof-of-reserves...

The largest cryptocurrency exchange in the world, Binance, released the results of its Asia Crypto Security Survey on May 6, after collecting responses from 29,847 cryptocurrency users in Southeast Asia, South Asia, and East Asia. Binance’s questionnaire covered a wide variety of security topics — while the results of the survey point to both increased awareness of security issues in the Asian markets as well as a high degree of trust in existing security measures. Some 40.7% of survey participants reported having experienced some form of exposure to crypto-related scams. In terms of the channels used to propagate these malicious ploys, X, Telegram, and Facebook seem to be the most commonly used — with 57%, 51.2%, and 46.5% users identifying these platforms as being leveraged to spread scam information in their regions. Social media platforms most commonly used to disseminate scams. Source: Binance Binance survey reveals users want real-time monitoring, public data...

1. Trump Family in Talks to Acquire Stake in Binance US, CZ Seeks Pardon link According to the Wall Street Journal, representatives of President Trump’s family have held negotiations regarding an investment in the US subsidiary of cryptocurrency exchange Binance. CZ has been urging the Trump administration to pardon him. The negotiations began last year when Binance contacted Trump’s allies and proposed a business deal with the Trump family. It remains unclear how the Trump family’s shares would be held if the deal is reached, or whether it is contingent upon a pardon. Insiders said that potential scenarios include the Trump family taking a stake directly or making the deal through World Liberty Financial. Some insiders said that Steve Witkoff, an old friend of Trump and currently his chief negotiator in the Middle East and the Ukraine war, is involved in the deal negotiations. However, CZ tweeted, denying the Wall Street Journal’s report about his discussions with the Trump family reg...

At 9am today, five Wall Street Journal journalists published a claim that Binance founder Changpeng Zhao (CZ) is seeking a presidential pardon from Donald Trump . Their reporting acknowledges CZ’s completion of a four-month prison sentence and claims that unnamed sources familiar with the matter believe CZ has pushed forward with his request despite already serving a sentence. Although the reporters do not speculate on other misdeeds, a US president has the sole authority to preemptively pardon for crimes for which an individual does not yet have a conviction. Per Article II, Section 2, Clause 1 of the US Constitution and Supreme Court precedent in Ex parte Garland (1867), the president wields “unlimited” pardoning power applicable to “every offence known to the law,” even “before legal proceedings are taken.” In addition, Wall Street Journal reporters claim that Binance wants the Trump family or one of its entities, like World Liberty Financial, to invest in Binance. As part...

One layer-1 altcoin is surging after a surprise listing by Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. As the listing announcement went out, VIC exploded and is currently up 81% in the last 24 hours, trading for $0.36 at time of writing. With a market cap of $42.3 million, VIC is the 694th largest crypto project. Viction aims to create a network of apps on its blockchain by offering zero-gas transactions, enhanced security and improved scalability. The network says it employs 150 masternodes utilizing a Proof-of-Stake (PoS) consensus. “Viction is a people-centric blockchain, offering zero-gas transactions and enhanced security to make Web3 easy and safe for everyone. Now with Viction World Wide Chain, we provide a novel solution representing a network of app chains that operate concurren...

A test token created by the BNB Chain team for a tutorial video unexpectedly became the center of a trading frenzy, reaching a market cap of $11.86 million at the press time. The TST token was originally developed for an instructional walkthrough on the Four.Meme platform, a memecoin launchpad on BNB Chain. However, its name was inadvertently revealed in a single frame of the tutorial video, leading traders to pile in, speculating on its potential value. Picks for you Ethereum’s 'most explosive breakout' in the cards as key pattern holds 2 hours ago Donald Trump sends 1,000 ETH to Coinbase hot wallet 2 hours ago Balancer V3 AMM la...

One Ethereum (ETH)-based memecoin is soaring by triple digits after a sudden listing by Binance, the world’s largest crypto trading platform by volume. As Binance announced on Monday spot trading support for First Neiro (NEIRO), dubbed by the project as “the official sister of DOGE,” the altcoin rallied more than 965%. NEIRO currently has a market cap of $170.3 million and is trading for $0.0004089 at time of writing. Binance also announced the listing of two other memecoins on the Ethereum blockchain, artificial intelligence (AI)-inspired Turbo (TURBO) and Baby Doge Coin (BABYDOGE). Turbo is trading for $0.004737 at time of writing, up more than 20% in the last 24 hours. With a market cap of $329 million, Turbo is the 177th largest cryptocurrency. Meanwhile, Baby Doge Coin currently has a market cap of $301.7 million and is trading for $0.000000001994 at time of writing, up 80% on the day. Says Binance, “Binance will list First Neiro o...

Toncoin (TON), a token created by The Open Network, has performed well over the last few days. On Friday, the asset climbed another 6% on the daily charts, reversing its steep drop from the previous market crash. TON has recently been listed on Binance , causing the coin to rise in price as new investors jumped onto it. With the token performing well, how will its price fair for the weekend? How Will TON Perform This Weekend? Currently, price predictions for Toncoin (TON) are bullish, with investors swooping in on the latest Binance listing. TON debuted on Binance with Bitcoin, USDT, FDUSD, and TRY trading pairs. The recent climb for the asset has set a realistic target of $7 for the weekend. The Binance exchange also announced TON futures trading earlier this year. Specifically, it arrived in early March, as the year has been a massive one for The Open Network. Throughout 2024 thus far, Toncoin has already surged a remarkable 170%. Yet, many experts predict even more gains for the cry...

In another disturbing push for censorship from a major cryptocurrency player, Binance has defeated Bloomberg Businessweek’s China arm in a defamation lawsuit after the media outlet titled an issue from 2022, ‘Changpeng Zhao’s Ponzi Scheme.’ The outlet was quick to change the title to ‘The Mysterious Changpeng Zhao,’ but apparently this near-instant alteration did not matter to Binance or Chinese courts. The article in question described how Binance marketing works, expressed that CZ and his companions had urged retail to buy memecoins, that Binance contributed to investors getting burned by Terra/Luna, told of a secret Shanghai office , and, lastly, discussed how Binance almost entirely lacked proper compliance teams. Many of these statements have since been or were previously confirmed by numerous media outlets across the globe. Unfortunately, the win in Chinese court, which resulted in Binance having Bloomberg donate money to children with special needs, has been met with the gen...

The judge has diverged from DOJ’s 36-month proposal. Some believe the judge is leaning towards a 10 to 16-month sentence. Changpeng ‘CZ’ Zhao is accused of violating the Bank Secrecy Act. In a pivotal turn of events, the sentencing hearing for Changpeng ‘CZ’ Zhao, the former CEO of Binance , has taken a surprising twist. Judge Richard Jones has signalled a departure from the harsh sentencing proposed by the United States Department of Justice (DOJ), favouring a more lenient approach. Judge Jones leans towards leniency In the ongoing court hearing, Judge Jones expressed scepticism towards the DOJ’s push for a lengthy prison sentence, opting instead to align with the recommendation put forth by the Probation Office. This recommendation suggests a jail term of 10 to 16 months for Zhao, a stark contrast to the 36 months sought by the DOJ. Zhao’s guilty plea and community support Zhao’s legal woes stem from a on...

Binance, OKX apps removed from Google, Apple stores due to PMLA non-compliance. Indian traders flock to compliant platforms like WazirX, CoinSwitch Kuber, post-app removals. Pullix’s PLX presale gathers steam fueled by its innovative trade-to-earn model. In a significant turn of events, Google and Apple have removed major cryptocurrency exchanges from their app stores in India. This move follows heightened regulatory scrutiny by the Financial Intelligence Unit of India (FIU-Ind). Meanwhile, Pullix, an emerging trading exchange , is making waves with its ongoing PLX token presale, offering unique Features and a game-changing revenue-sharing mechanism. Pullix: hybrid crypto trading platform Pullix, an innovative hybrid trading exchange currently conducting the presale of its native token, PLX, is making waves in the cryptocurrency space as popular exchanges face the wrath of regulatory authorities. Ushering in a new era of trading experiences. The PLX...

At the turn of every year, crypto celebrities announce outrageous predictions for the upcoming twelve months. Bullish bitcoin prices are always the most common forecasts — but in 2023, influencers expanded into a variety of predictions ranging from the ‘flippening’ to Gary Gensler’s dismissal from the Securities and Exchange Commission (SEC). An embarrassing number of these attempts at precognition never came true. Yet, the influencers who made them never held themselves accountable. Below, we take a look at some of 2023’s crypto prediction s that entirely missed the mark. Failed prediction #1: Bitcoin didn’t hit $175,000 Bitcoin’s impressive price rise over the past few months indicates that investors are confident things will improve. BTC has soared from $27,000 to $43,000 in the past three months — a 60% pump. On January 2 and 3, 2024, the price of bitcoin surpassed $45,000 for the first time in two years. However, during the entirety of 2023, bit...

Binance’s web3 wallet now supports Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and the Sei Network. The integration enables users to transfer tokens across these networks, enhancing user experience and broadening the wallet ’s utility. We heard your feedback, so it's time to welcome five new networks to the #Binance Web3 Wallet! #Bitcoin Sei Bitcoin Cash Dogecoin Litecoin Find out more ️ https://t.co/T5iDvC7yRC pic.twitter.com/snCoPGV2wB — Binance (@binance) December 7, 2023 You might also like: K33 Research: Crypto markets remain steady despite Binance-DOJ settlement Binance ex-CEO Changpeng Zhao has been committed to the defi wallet amidst these challenges, reflecting a dedication to innovation and user service. However, the integration of coins and Zhao’s efforts must be viewed through a lens of cautious optimism, as the company struggled to balance tech progress with the need for robust regulatory compliance and ethical business pra...

Troubled crypto exchange Binance has sold its business in Russia to a brand-new crypto exchange named CommEX — but crypto sleuths were quick to point out that the exchange may still be run by Binance. This isn’t the first time Binance was forced out of a country by regulators, only to hand business off to a firm that appears to be in its pocket. Dutch users were told they could no longer use Binance in August, only to be heavily incentivized to use little-known, brand- new exchange Coinmerce instead. As Protos reported, Coinmerce has historically acted as a broker for Binance. Similarly, Binance has exited Russia following a report by Bloomberg that the exchange was under investigation by the US Department of Justice for violating sanctions. At the end of August, the Wall Street Journal (WSJ) also claimed the Crypto exchange was violating US sanctions for enabling “substantial” ruble trade volumes through sanctioned Russian banks. Hot on the heels of the...

Nansen, who was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon, however it removed the label after Polygon CEO’s public refute. Blockchain analytic firm Lookonchain flagged a crypto wallet allegedly belonging to Polygon Foundation that transferred large amounts of Matic tokens on Binance. Polygon Labs founder Sandeep Nailwal refuted the claim and said it was a case of mislabeling and the wallet doesn’t belong to Polygon Foundation. One more time, incorrect labelling @lookonchain. This is the second time this has happened. Plz be careful about these tweets , creates unnecessary FUDs for the community https://t.co/mVpaIYB9Xt — Sandeep Nailwal | sandeep. polygon (@sandeepnailwal) September 7, 2023 Lookonchain flagged two wallets "Polygon Foundation: 0x8d36" and "Polygon Foundation: 0xf957" that collectively deposited over $5.5 million worth of MATIC onto Binance over the past 30 days with more than half of the ...