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Ethereum Faces Risk As Binance Leverage Ratio Skyrockets To Record Levels

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Binance integrates USYC and cUSDO as off-exchange collateral

Binance, the world’s largest cryptocurrency exchange, has announced support for tokenized yield-bearing assets USYC and cUSDO through Binance Banking Triparty and institutional custody partner Ceffu, as per the report shared with Finbold on July 24.  The integration allows institutional users to hold these assets off-exchange while accessing the Binance platform and receiving yield on pledged collateral. The move expands the supported collateral for institutional users beyond traditional assets, such as fiat currencies and Treasury bills, on Binance Banking Triparty, and beyond native crypto assets on Ceffu. Binance will waive banking triparty fees and absorb Ceffu’s MirrorX and MirrorRSV service fees until 2026. Tokenization of real-world assets, excluding stablecoins, has grown to $24 billion in June 2025, up from $15.2 billion in December 2024. Projections suggest it could reach up to 30% of traditional finance assets, valued at over $400 trillion, by 2034...

AI Agent BadCoin fumbles BSC launch, anti-sniping software flags traders

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As the practice of sniping gains notoriety among memecoin traders, various kinds of anti-sniping software have advertised safeguards as a way to attract buyers. Last week, memecoin BadCoin (BADAI) advertised the anti-sniping capabilities of Gra.fun that would supposedly help set its launch apart.  Unfortunately, the nascent software categorized even regular traders as snipers and disallowed their selling privileges, leading to a nearly immediate crash from the lucky few who could eject themselves from the project. Thoughts on $BADAI. Just imagine u go to an team who will protect you from snipers, that claims to be the best platform to launch and so on, and you end up with ''oops due to an error in the integration process, the protection filters on both LPs ended up crossblacklisting one… pic.twitter.com/QYReA6kK1i — Nobody. Player (@vivvvc) February 21, 2025 Sniping is a Wall Street term for brokers who executed orders at advantageous prices before comp...

New Ethereum (ETH) Rival Berachain (BERA) Awakens Following Shock Binance Listing

A rival of top altcoin Ethereum (ETH) is seeing a rise in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by volume. In a new announcement, Binance says it will be adding support for Berachain (BERA), an Ethereum Virtual Machine (EVM)-identical layer-1 blockchain that uses a proof-of-liquidity (PoL) consensus mechanism. “Binance is excited to announce that Berachain will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures.” A PoL consensus mechanism rewards validators for providing liquidity to a blockchain’s ecosystem rather than a traditional proof-of-stake (PoS) system, which incentivizes staking tokens. As stated on Berachain’s official webpage, “Proof-of-Liquidity radically changes the way L1 economics are structured, prioritizing users and applications over validator rewards at baseline. Netwo...

Cat-Themed AI Crypto Gaming Altcoin Catizen (CATI) Reaches New All-Time High Following Binance Listing

An artificial intelligence (AI)-based, cat-themed gaming altcoin is reaching new all-time highs after being abruptly listed by the world’s largest crypto exchange platform by volume. In a new announcement, crypto exchange Binance says that it will be adding Catizen (CATI) to its suite of products starting on September 20th. “Binance is excited to announce that Catizen will be added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin and Binance Auto-Invest.” Catizen is a play-to-earn, The Open Network (TON)-based blockchain game launched in March that allows users to take on the role of a town’s mayor, managing an entire virtual city of felines to earn rewards. TON is a layer-1 blockchain that used to be operated by the prominent messaging app Telegram. It has since been under the leadership of an independent network of developers. According to data from the crypto exchange KuCoin, Catizen has over 34 million users, 3.5 million dail...

Bittensor (TAO) soars towards new ATH: Is $1000 next

Bittensor (TAO) price reached hihhs of $747 after Binance announced listing of TAO. The token’s all-time high of $757 was reached in March this year. A breakout above this could see Bittensor price target the $1,000 level. Bittensor (TAO) is soaring, and is one of the top performing altcoins in the market today. Per data from CoinGecko, the TAO token price has reached highs of $747, a 24-hour high that was just shy of the token’s all-time high of $757.60 reached on March 7, 2024. Could price discovery mode for Bittensor see bulls target the $1,000 level? Given the catalyst for today’s upside, it’s likely further momentum could leave buyers eyeing the psychological target. Why is Bittensor (TAO) price up today? Bittensor (TAO) is a decentralised machine learning blockchain protocol that has soared in recent months amid the broader rally for Artificial Intelligence (AI) related tokens. The platform, which uses the native TAO token in...

What’s happening with LUNC price?

LUNC price rose to highs of $0.000185 as Binance burned 2.21 billion of the tokens. The Terra Luna Classic token burn has reached 53 billion on Binance and 100 across the ecosystem. LUNC price is up 27% in the last 24 hours, trading to above $0.00018 early in the day. The Terra Luna Classic token has jumped more than 83% in the past month. With trading volume surging by 143% in the past 24 hours to over $332 million, LUNC is one of the top performing coins today as Bitcoin price hovers near $61,000. Why is LUNC price soaring today? While LUNC’s price has soared over the last few weeks alongside other altcoins as BTC spiked, the latest uptick comes as the community reacts to the latest burn news. Binance announced on March 1, 2024 that it had burned 2.21 billion LUNC tokens. The crypto exchange has supported the LUNC burn program since 2022. The 19 th batch of Binance ’s Terra Luna Classic burn saw the total number of tokens the exchange has...

Binance expanded investments in lobbying just before guilty plea

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Cryptocurrency exchange Binance has sharply increased its investment in lobbying over the past two years. Binance and Binance.US spent more than $1 million lobbying politicians in 2023-2023, according to new data provided by OpenSecrets, a US non-profit that tracks political campaign donations. In total, Binance Holdings invested $850,000 in 2023, and Binance.US spent $340,000, both up significantly from the previous year. Binance.US led the way in spending last year by investing more than $1 million lobbying for Binance.US and just $50,000 for Binance worldwide, the report found. Source: OpenSecrets These lobbying efforts in 2022 focused on two specific bills: the Digital Consumer Protection Act and the Lummis-Gillibrand Responsible Financial Innovation Act, the report says. However, Binance is not the only crypto company investing in fresh lobbying efforts: Coinbase has spent roughly twice as much as Binance, with more than $2.1 million spent in 2023, while Kraken spent...

New Binance CEO reluctant towards senior leadership changes

Binance’s new CEO, Richard Teng, emphasizes the leadership team’s continuity following the DOJ settlement, ensuring operational stability amid legal challenges. Despite the earlier resignation of Changpeng Zhao as chair of Binance.US, the newly appointed Binance CEO, Richard Teng, is reluctant to change the ex change ’s executive leadership team. This statement comes amid Bloomberg’s inquiries about the role of Yi He, a senior executive and partner at Binance. Yi He previously had a relationship with Zhao and also has two children with the former CEO.  Teng’s appointment and the settlement are part of the fallout from the U.S. Department of Justice (DOJ) agreement, which stipulates Zhao’s formal disengagement from Binance’s operations for three years. Zhao is also facing a potential prison term of up to 18 months. You might also like: Cristiano Ronaldo faces lawsuit over Binance promotion and unregistered securities Zhao, while stepping dow...

Nansen reports continued withdrawals from Binance

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According to a Nov. 22 post, despite withdrawals continuing, Nansen is not seeing a mass exodus of funds. Among withdrawals , including a $17 million negative netflow, there were more outflows than inflows earlier in the day. An uptick in holdings At the same time, the blockchain analytics firm has seen noteworthy growth, rising from $64.6 billion to $65.2 billion, factoring in both outflows and price fluctuations during this period. Here's our latest update on @binance, 12 hours after our previous one At the time of writing, withdrawals are continuing, and we're not seeing a mass exodus of funds Over the past hour on Ethereum, Binance has a $17M negative netfow (more leaving the exchange than what's… pic.twitter.com/yQPtMl5ue8 — Nansen (@nansen_ai) November 22, 2023 Analyzing the changes in token holdings within Binance’s top assets over the same timeframe, Nansen also calls out several trends, including. USDT saw a decrease of $246 million, while Bit...

Binance charged with three major crimes by the DoJ, including conspiracy 

Binance is charged with three criminal charges by the U.S. DoJ, including conspiracy, unlicensed money transmission and sanctions violations, as CEO Changpeng Zhao is prepared to plead guilty. Binance, the world’s largest cryptocurrency exchange, has been hit with three major charge s by the U.S. government. These charge s include conspiracy , operating an unlicensed money transmitting business and violating the International Emergency Economic Powers Act.  According to several sources, earlier today, Binance’s CEO, Changpeng Zhao, agreed to plead guilty to anti-money laundering charges in a Seattle federal court. Zhao is currently residing in the UAE, a country that doesn’t have any extradition treaty with the United States. However, as Zhao is likely to be present in Seattle, there are speculations on whether he will do any prison time.  I’m watching the @binance news, too. While we wait for a DOJ announcement, a reminder: crypto isn’t going anywhere. But to create a thriv...

Court approves protective order in SEC vs. Binance lawsuit

Court approves info disclosure order in SEC vs. Binance lawsuit. The protective order allows confidentiality for trade secrets and customer info in discovery. Binance challenges the SEC’s broad demands, protecting proprietary data. A significant development has taken place in the ongoing legal battle between the US Securities and Exchange Commission ( SEC ) and Binance entities, including CEO Changpeng Zhao. The US court has approved a protective order governing the production, use, and disclosure of information and materials related to the SEC vs. Binance lawsuit. Protecting confidential information The approved protective order establishes guidelines for the treatment and disclosure of confidential information generated during the lawsuit. Parties involved are permitted to designate discovery material as confidential, provided it falls within specific categories defined by the court. These categories include nonpublic trade secrets, proprietary fi...

Ordinals and Memeinator price prediction as Binance lists ORDI

Ordinals (ORDI) price spiked more than 45% on November 7 as Binance announced trading support for the token. The short term outlook could be one where Ordinals price rises in tandem with bitcoin price. Meanwhile, Memeinator (MMTR), a new AI meme coin, is attracting huge interest after Binance’s recent listing of Memecoin (MEME) sparked interest in these tokens. Ordinals (ORDI) price was skyrocketing on Tuesday morning as the market’s interest in BTC inscriptions rose sharply. The spike follows news that Binance , the world’s largest crypto exchange by trading volume, will add trading support for ORDI. ORDI price rose to a high of $28.62 in May as the frenzy around bitcoin inscriptions pushed transaction fees higher as network congestion impacted Bitcoin. What does listing on Binance mean for Ordinals price and what is it likely to mean for new projects like Memeinator (MMTR)? Binance to list Ordinals (ORDI) Binance has announced that it...

Binance adds Memecoin to Launchpool, partners with 9GAG’s Memeland

Binance introduces Memecoin, a collaboration with 9GAG’s Memeland, to its Launchpool platform, offering users a 30-day staking period across multiple pools. Leading crypto exchange Binance has introduced Memecoin (MEME) as the newest entrant to its Launchpool, Binance’s exclusive platform where users can stake their tokens and earn new ones. The launch of Memecoin signals a significant collaboration between the exchange and 9GAG’s Web3 venture studio, Memeland. Binance users will be able to farm MEME tokens by staking Binance Coin (BNB), TrueUSD (TUSD) and FDUSD. The farming initiative kicks off on Oct. 28, and will run for a 30-day period until Nov. 26. Three separate staking pools for BNB, TUSD and FDUSD have been established to facilitate this process. New #Binance Launchpool: $MEME@memecoin is the native ecosystem token of @Memeland, the independent Web3 venture studio by 9GAG. Learn more https://t.co/FwAX23jXhL — Binance (@binance) October 27, 2023 You...

Binance halts new user registration due to UK crypto marketing regulations

Binance suspends new UK user registration s in response to recent changes in the country’s crypto marketing regulations set by the Financial Conduct Authority. Binance, one of the world’s leading crypto exchanges, has announced that it will stop the registration of new United Kingdom-based users starting on Oct. 16. This decision comes in a bid to abide by the latest directives set out by the UK’s Financial Conduct Authority (FCA). The regulatory shift, which was instituted on Oct. 8, has given firms registered with the FCA the latitude to either self-approve their advertisements or engage authorized third parties to vet and approve their promotional content. A notable aspect of these regulations is the emphasis on ensuring that the advertisements conform to stipulated standards, thereby fostering a safer and more transparent ecosystem for potential investors. You might also like: Binance withdraws registration in UK amid global crackdown Anticipating...

CommEX dismisses rumors, denies connection with Binance

Despite rumors , CommEX, the company that acquired Binance’s Russian business, has denied any connection with Binance.  In a statement, CommEX acknowledges that they have former Binance employees on their team but emphasizes that Binance does not own their company.  CommEX did not disclose the identities of their leaders as they prefer to remain private. You might also like: Binance considers exit from Russia following sanction violations The company also revealed that it took six months to develop the platform, with former Binance employees contributing their experience in product creation and internal processes. The similarity of cultures and values between the two companies played a crucial role in winning Binance’s trust. “Based on the trust in former Binance employees and given our proven technological capabilities, choosing us was not a risk, but the best decision.” CommEX team On Sep. 27, 2023, Binance agreed to sell its Rus...

Binance and Changpeng Zhao ask court to dismiss SEC suit

Binance, the crypto exchange, and its CEO, Changpeng Zhao have filed a joint motion to dismiss the lawsuit filed by the U.S. Securities and Exchange Commission (SEC). SEC exceeded its powers On Sep. 21, the U.S. District Court received a statement from Zhao and Binance Holdings, arguing that the SEC exceeded its authority. In a 60-page petition, lawyers accused the regulator of failing to provide clear instructions on regulating the industry, leading to the retroactive imposition its authority on the sector. “The SEC pursues these novel theories retroactively, seeking to impose liability for sales of crypto assets that occurred as far back as July 2017, before the SEC provided any public guidance concerning cryptocurrency.” Court filing Binance lawyers believe the SEC is misinterpreting securities laws and wrongly applying them to crypto assets. You might also like: Binance.US agrees with SEC to avoid full asset freeze “In an attempt to gain regulatory po...

Binance faces increased SEC scrutiny as executives depart

As a wave of Binance staff, including its US CEO, resigns, the SEC intensifies its case, urging the court to allow deeper investigation into the crypto giant’s activities. In a court filing, the SEC recast accusations against CZ’s companies and asked a judge to greenlight a thorough probe into several Binance activities, including asset custody at the crypto exchange. The letter bashed Binance’s fight against this motion, calling the move a “half-hearted” attempt at denying the SEC access to essential company records and employee testimony. Binance has previously opposed the SEC’s motion to compel. Binance had also stressed that the court should, like the SEC, acknowledge the provided counsel narratives, meticulously prepared declarations, and a select collection of documents concerning the control over Binance’s customers’ assets. Furthermore, Binance believed that any remaining worries were essentially baseless and trivial. You might also like: Bina...

From compliance to complicity: How Binance’s Russian connection undermines sanctions | Opinion

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Binance, a renowned cryptocurrency exchange, is embroiled in controversy as recent reports suggest a possible helping hand to Russia amidst Western sanctions. The story unravels with connections to blacklisted Russian lenders, contradicting public statements, and the shifting regulatory landscape. As dawn breaks over the world of crypto, murmurs seep into daylight, revealing stories that could shape the industry’s narrative. And as it happens, Binance, one of the juggernauts of the crypto world, finds itself at the heart of a contentious debate. According to a Wall Street Journal report from Aug. 22, Binance seems to be processing transactions for not one, but at least five Russian lenders — lenders that have felt the cold shoulder from Western powers.  It is crucial to underline that this isn’t about everyday citizens seeking financial avenues. Rather, this is about individuals entrenched in power and wealth — the very beneficiaries of the war and individuals who ...