Binance has resumed Bitcoin withdrawals in its trading platform. BTC withdrawals were suspended earlier today following congestion in the Bitcoin network.
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Binance is reportedly facing an investigation by the U.S. Department of Justice over potential violation of sanctions imposed on Russia following the invasion of Ukraine.
Binance CEO Changpeng Zhao believes that support from the tradition banking industry is important to increase the adoption of crypto.
Tron founder Justin Sun has issued an apology to Binance CEO Changpeng Zhao after getting called out for attempting to participate in the Binance Launchpool for SUI and farming the token using 56 million TUSD.
Binance US has terminated the billion dollar deal to acquire the assets of Voyager Digital. The bankrupt crypto lender plans to directly distribute its assets to customers.
CFTC Commissioner Kristin Johnson hasn't ruled out the possibility of a settlement in its lawsuit against Binance. The Commissioner hopes to find a path forward with the exchange.
Jane Street Group, Tower Research Capital, and Radix Trading are reportedly the three unidentified "VIP" clients cited by the CFTC in the lawsuit against Binance.
Tron founder Justin Sun's offer to sell his stake in Huobi was reportedly rejected by rival crypto exchange Binance due to concerns over Huobi's alleged connections to mainland China.