Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct.
Binance and Coinbase face 30% traffic losses in February, signaling weak investor sentiment and a declining CEX market.
The crypto community is abuzz with speculation over whether Binance will finally list Pi Network (PI) on March 14, coinciding with Pi’s sixth anniversary. Despite securing listings on multiple centralised exchanges (CEXs),
Pi Network is under fire as users struggle with mainnet migration ahead of the March 14 deadline. Frustration over KYC verification issues and lack of support has led to backlash, while Pi Coin’s price has plummeted below key support levels.
Pi Coin, however, has crashed by more than 55% from its all-time highs, alongside a steep decline in volumes. The performances come ahead of the deadline of March 14 for KYC and migration at Pi Network.
The crypto exchange has confiscated illicit profits from a market maker involved in misconduct with GPS and SHELL tokens.
Binance community members who wish to participate in the listing and delisting process need to hold at least 0.01 BNB token in their accounts. Presently, Binance's native BNB token is trading at $565 (roughly Rs. 49,330) on international exchanges, as per CoinMarketCap and the price of 0.01 BNB token currently stands at $5.60 (roughly Rs. 490).
Binance hosts Bubblemaps’ BMT Token Generation Event, sparking a price surge and speculation about a future listing on the platform.
Binance Coin (BNB) has long been one of the most dominant cryptocurrencies, thriving on the strength of the Binance ecosystem. However, as competition in the crypto space intensifies, BNB holders are looking for fresh catalysts to drive the next major price surge.
MyShell cut ties with a market maker after Binance flagged irregular trading activity involving the SHELL token and announced a buyback plan.
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Cryptopolitan on MSNThe state of CEXs: Binance reserves surge by $4.5B as Bybit sees massive outflowsCrypto research and analytic platform, CryptoRank has revealed that Binance tops centralized exchanges in monthly net reserves, with a surge of $4.5 billion net inflows. The firm also noted that Bybit recorded massive outflows,
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Cryptopolitan on MSNBinance moves forward with the listing of RedStone (RED) despite a change in airdrop allocationRedStone (RED) was still listed on Binance, despite the confusion around the airdrop token allocation. Soon after the trading started, RED lost 10% of its price as early recipients sold rapidly.
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