Binance

Binance, the world’s largest cryptocurrency exchange, has solidified its dominance in the digital asset sector by hitting a historic milestone. Reportedly, the exchange is now holding more than 65% of all stablecoin reserves on centralized exchanges (CEX). Earlier this month, Binance’s stablecoin reserves, comprising USDT and USDC, surpassed $47.5 billion, marking a 31% year-over-year increase … Read more

Binance has reportedly fired a group of investigators in its compliance team who discovered evidence that more than $1 billion had been received by two accounts linked to sanctioned Iranian groups, including the Revolutionary Guards Corps, designated as a terrorist organization by the United States. Internal documents show that the investigators flagged these transactions and … Read more