Exchanges
Binance’s PoR system shows over $63B in reserves backing 24 assets
Binance held $3.55 billion worth of USDC — a reserve ration of 5,490.54% to the $64.7 million worth of assets users hold on the exchange.
Monika Ghosh 2 min read
Binance News
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Stablecoins
Binance accumulates 3.8B USDC in three weeks
At the time of writing, Binance's current USDC balance sits at 5.1 billion.
Bankruptcy
Voyager token rises 11% following firm counter of SEC claim that VGX is a security
Voyager said the financial regulator’s objection to Binance.US purchase of its assets were causing delays that were costing it as much as $10 million monthly.
Latest Binance News & Analysis
Exchanges
Gary Gensler’s connection to Binance uncovered in explosive WSJ report
Binance responds to WSJ report: CZ urges Twitter followers to ignore 'Fake News', FUD and attacks from the media.
Exchanges
SEC lawyer says Binance.US runs unregistered exchange, Voyager tokens should be regulated
William Uptergrove made those statements during Voyager's bankruptcy proceedings.
NFTs
Korea-based Steemhunt accuses Binance of copying Chatcasso to launch Bicasso
Binance allegedly copied the idea for "Bicasso" from Steemhunt's "Chatcasso"- an AI product that won the BNB Chain hackathon of December 2022.
Regulation
Binance.US responds to senators’ letter on “potentially illegal” activities
The company acknowledged questions from Elizabeth Warren and other senators.
Exchanges
Binance custody arm ‘Ceffu’ to apply for license in Singapore
Ceffu will apply for a MAS license to enable it to offer custodial services to institutional investors in Singapore.
Bankruptcy
32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.
More Binance News Headlines
AI
Binance’s AI NFT generator gets overwhelmed by requests within an hour of launch
Exchanges
Binance CEO says Forbes is losing credibility by writing ‘baseless articles’
Exchanges
Binance denies users were affected by alleged $1.8B stablecoin collateral transfer
Stablecoins
