Binance | Crypto

A letter from US Senator Richard Blumenthal said he was concerned about “mounting allegations of dangerously lax anti-money laundering prevention by Binance.” Connecticut Senator Richard Blumenthal questioned US authorities responsible for overseeing Binance about whether the company is complying with anti-money laundering laws and sanctions under its 2023 court-imposed monitoring program. According to a report published by Fortune on Friday, Blumenthal sent letters to the Justice Department and the US Treasury’s Financial Crimes Enforcement Network (FinCEN), asking for details on Binance’s compliance.  Binance and its former CEO Changpeng “CZ” Zhao reached a deal in 2023, in which the exchange would pay $4.3 billion to settle civil regulatory enforcement actions, and CZ would plead guilty to one felony charge. Read more

CZ vs Star Xu: $1B Proof of Reserves Bet Hits BNB, OKB The post CZ Binance vs Star OKX: The $1 Billion Bet Crypto Twitter appeared first on Cryptonews.

The crypto exchange is mounting a challenge to platforms like Kalshi and Polymarket, offering ”gasless” trades as it seeks a share of the $20 billion prediction market. Binance Wallet has integrated prediction market features into its app, saying it will cover all trading and settlement transaction fees for users as it make a play for a piece of the $20 billion market. In a Thursday notice, Binance said it will launch probability-based markets as a feature on the company’s app through an integration with third-party platforms, starting with Predict.fun. According to the crypto exchange, the integration will be “gasless,” with the company sponsoring fees for trades and settlements on the BNB Smart Chain. Prediction market platforms like Kalshi and Polymarket offer users the chance to take a position on the outcome of events in a variety of topics, including politics and sports. The latter has put those platforms in the sights of multiple US state authorities who have filed lawsuits for allegedly violating stat...

The integration covers gas costs to lower barriers for retail users. Binance doesn't operate the markets directly, instead providing access to a third-party application.

Bitcoin gained momentum as data showed buyers are starting to dominate volumes on Binance, with a $90,000 BTC price target on their radar. Market analysts say Bitcoin’s (BTC) is building up after its 7% rally above $72,000 on Tuesday, with bulls eyeing further gains to $90,000 amid improving macro sentiment.  Key takeaways: BTC price builds a bullish structure after reclaiming $72,000, as a symmetrical triangle breakout targets $90,000. Read more

Bitcoin climbed back above $70,000 on Wednesday after news that the United States and Iran had agreed to a Pakistan-brokered two-week ceasefire tied to reopening the Strait of Hormuz. According to CryptoSlate's data, the top crypto rose 5% to a peak of $72,734 before retracing to $71,477 as of press time. Data from CryptoQuant showed […] The post Traders poured $3 billion into Binance after Bitcoin hit $72,734 on ceasefire headlines – what are they betting on? appeared first on CryptoSlate.

Changpeng Zhao’s memoir recounts Binance’s rapid rise, regulatory scrutiny and prison sentence, offering a first-person account of crypto’s most turbulent era. Changpeng “CZ” Zhao became a household name in the cryptocurrency sector after founding Binance, the world’s largest crypto exchange. Following a series of legal and regulatory challenges that culminated in a prison sentence, Zhao has authored an autobiography recounting his rise — and subsequent fallout. The 364-page manuscript, titled Freedom of Money, presents a first-person account of Zhao’s life and career. The foreword is written by Yi He, a Binance co-founder who has worked with Zhao since 2014. Zhao writes that his story has been shaped by media coverage, court filings and public commentary. He describes the book as an account intended to provide additional context to those narratives. Read more

Binance said it will roll out a spot trading rule on April 14, restricting executions outside a set range during periods of volatility and thin liquidity. Update April 7, 2026, 12:27 pm UTC: This article has been updated to add comments from a Binance representative. Crypto exchange Binance is introducing a new spot trading feature that restricts orders from executing outside a defined price range during periods of extreme volatility.  Binance said Tuesday that a mechanism called the Spot Price Range Execution Rule (PRER) will be rolled out on April 14.  Read more

Binance led derivatives trading in Q1 2026 with about $4.9 trillion in volume, while Hyperliquid entered the top 10 as perp DEXs continued to gain traction, according to CoinGlass. Binance maintained its leading position in crypto derivatives trading in the first quarter of 2026, while decentralized exchange Hyperliquid broke into the top 10 venues by volume, according to CoinGlass. Derivatives trading remained the dominant force in the crypto market in Q1 2026, totaling $18.6 trillion compared with $1.94 trillion in spot trading, according to a CoinGlass report on Friday. The analysts said trading activity remained strong over the quarter, though liquidity and capital became even more concentrated at the top. “Q1 was not about euphoria. It was about recovery, concentration, and shifting market structure,” CoinGlass said. Read more

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. Update March 27, 11:53 am UTC: This article has been updated to include a comment from a Binance spokesperson. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were wrongly treated as wholesale clients between July 2022 and April 2023. Those clients later incurred $6.3 million in trading losses and paid $2.6 million in fees. Read more

Bhutan Sells $37M in BTC via Binance Transfer The post Bhutan Continues Bitcoin Sell-Off with $37M Transfer to Binance appeared first on Cryptonews.

Wallets linked to the team behind President Donald Trump’s Solana-based TRUMP memecoin sent a large batch of tokens to Binance on March 12, adding a fresh supply overhang to a project that has crashed to an all-time low. On March 12, blockchain data from Arkham Intelligence showed that a BitGo custodial wallet associated with the […] The post Binance data reveals insiders continue to dump TRUMP memecoins as its price hits a record low appeared first on CryptoSlate.

While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.” A federal court in Alabama has granted a motion to dismiss a 2024 complaint filed against Binance, its separate US entity Binance.US and former Binance CEO Changpeng “CZ” Zhao over allegations that the cryptocurrency exchange facilitated transferring funds to terrorist groups. In a Wednesday order, US District Court for the Middle District of Alabama Magistrate Judge Chad Bryan granted a motion filed by Zhao requesting that significant portions of the complaint be dismissed. The complaint, filed in February 2024, alleged that the three defendants “violated, and may be continuing to violate, the Anti-Terrorism Act” by facilitating the transfer of funds to Hamas. While Bryan granted the motion to dismiss, he also ordered that the group of plaintiffs submit a second amended complaint no later than April 10 or potentially face “the prospect o...

Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term. Update March 12, 1:21 pm UTC: This article has been updated to include comments from Gracy Chen, CEO of crypto exchange Bitget. The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research. According to a Wednesday report from Binance Research, US midterm election cycles have historically been followed by strong rebounds in stocks and Bitcoin (BTC), potentially setting up a recovery window for risk assets after the 2026 vote. Read more

Binance returns to Iran sanctions scrutiny after its $4.3 billion U.S. plea The Justice Department is reportedly probing Iran’s use of Binance to evade sanctions, pulling the world’s largest crypto exchange back into a national security case less than three years after it pleaded guilty in the U.S. and agreed to a resolution worth more […] The post DOJ probes Binance again over Iran-linked crypto flows after $4.3B settlement and CZ pardon appeared first on CryptoSlate.

The situation adds pressure to Binance, which is already operating under a compliance monitor following its $4.3 billion anti-money laundering and sanctions settlement in 2023.

Binance filed a lawsuit after the Wall Street Journal reported a Justice Department probe into Iran’s alleged use of the exchange to avoid sanctions. Update, March 11, 1:00 pm UTC: This article has been updated to add a statement by Binance that the exchange filed a defamation lawsuit against the Wall Street Journal. Binance said Wednesday it is suing the Wall Street Journal after the newspaper reported that the US Justice Department was investigating whether Iran used the crypto exchange to evade US sanctions. Binance filed a defamation lawsuit against the Journal in the Southern District of New York, seeking damages and legal fees, and demanding a jury trial. Read more

A US federal judge dismissed a lawsuit accusing Binance and Changpeng Zhao of enabling crypto transactions tied to terrorist attacks. The post Binance, CZ Cleared in US Civil Suit Over Alleged Terror Financing appeared first on Cryptonews.

The crypto exchange responded to a Senate inquiry over sanctions by claiming that “no Binance account transacted directly with an Iran-based entity.“ Cryptocurrency exchange Binance has officially responded to a February inquiry launched by a group of 11 US senators, largely denying facilitating transactions to Iranian entities and the narrative around employees’ terminations. In a Friday letter to US Senators Richard Blumenthal and Ron Johnson of the Permanent Subcommittee on Investigations, Binance said that an inquiry launched in February into the exchange’s activities was based on reports that were “demonstrably false, unsupported by credible evidence, and defamatory in several material respects.”  The exchange referred to reporting from the Wall Street Journal, New York Times and Fortune, which said that Binance fired employees that reported the company had facilitated more than $1 billion in crypto transactions to entities connected to Iran, called Hexa Whale and Blessed Trust. According to Binance, the...

Lawmakers urge US regulators to review Binance’s AML and sanctions controls after reports of Iran-linked transactions and potential evasion risks. A group of 11 US senators has asked federal authorities to investigate whether crypto exchange Binance is complying with US sanctions and Anti-Money Laundering (AML) requirements, citing recent reports. In a letter on Friday to Treasury Secretary Scott Bessent and Attorney General Pamela Bondi, the lawmakers urged a “prompt, comprehensive review” of the exchange’s compliance controls and its adherence to settlement agreements reached in 2023. The senators pointed to allegations that approximately $1.7 billion in digital assets flowed through Binance to Iranian entities linked to terrorism, including groups connected to the Houthis and the Islamic Revolutionary Guard Corps. Investigators also reportedly identified more than 1,500 accounts accessed by users in Iran and potential activity connected to Russian sanctions evasion. Read more