Crypto Exchange News

USD1 Supply Jumps 45.6M After Binance Unveils 20% APY Offer

The supply of USD1 rose sharply on Tuesday after Binance rolled out a high yield promotion tied to the stablecoin. More than 45.6 million USD1 tokens were issued within hours of the announcement, and lifted the stablecoin’s total market capitalization above $2.79B.

Binance Terror Financing Lawsuit Advances After US Court Ruling

US Federal court allows a civil lawsuit related to allegations of terrorist financing to proceed under the United States Anti-Terrorism Act. The ruling paves the way for discovery and leaves the world’s largest crypto exchange open to possible liabilities exceeding $3 billion if plaintiffs win.

Hong Kong Arrest 15 in 1B Japanese Yen Crypto Exchange Robbery

Hong Kong cops have arrested 15 people for a violent daylight robbery, where criminals made off 1 billion Japanese yen, or roughly HK$50 million. The attack was carried out in less than a minute last Thursday morning outside a currency exchange shop on Wing Lok Street.

Binance Blacklists Intermediaries, Tightens Control on Listing Fraud

Binance has blacklisted a group of entities and individuals to curb fraudulent intermediaries and reinforce controls around project listings. The blacklisted names include BitABC, Central Research, May, identified as a partner of Web3Port and also known as Dannie, along with Andrew Lee, Suki Yang, Fiona Lee, and Kenny Z.

Binance Integrates KAVA on BNB Smart Chain To Reduce Friction

Binance has integrated Kava (KAVA) onto the BNB Smart Chain, enabling deposits and withdrawals of the token on the network and widening the options available to millions of users. The move links a Cosmos-rooted protocol and its blockchain-native AI stack to one of the world’s busiest smart contract networks.

Binance Suspends Employee Amid Insider Trading Investigation Claims

Binance’s internal audit team received a report alleging that an employee used inside information to promote a freshly issued token via an official social media account and to profit personally from that post. Investigators moved immediately and that preliminary findings point to misconduct that breached internal rules and professional standards.

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