Follow Binance news, including exchange updates, listings, legal developments, product launches, and market impact across global crypto trading.
Binance has denied the allegations in a new Reuters story claiming the exchange commingled corporate and user funds in its Silvergate accounts.
Monika Ghosh 2 min read 
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Westpac, one of Australia's big four banks, will block payments to crypto exchanges it deems as "high-risk" in order to reduce scam losses.
Several Binance subsidiaries are struggling to find new banking partners following increased regulatory scrutiny.
The WazirX team said Binance currently holds 580.7 million units (roughly $74.5 million) of locked and unlocked WRX tokens
Data suggests the war on crypto is taking its toll on Binance — the firm is set to shift focus away from Canadian and U.S. market.
Despite revelations about FTX's lax business practices, some crypto firms continue to operate without transparency and accountability.
The company will "do everything [it] possibly can" to be regulated in the U.K.
Spot trading activities on Binance dropped by 48% to pre-FTX collapse levels of $287 billion, according to CCData.
