Binance
The cryptocurrency exchange platform Binance was founded in 2017 by software developer Changpeng Zao. Due to China's government ban on cryptocurrency, the company moved to Japan but is headquartered in the Cayman Islands. In 2018, Binance was named the largest cryptocurrency exchange.
Binance is under investigation by the IRS and U.S. Department of Justice on allegations of money laundering and tax offenses.
Release Date: 2017
Founder: Changpeng Zao
Location: Cayman Islands
Traded on: Not publicly traded
Valuation: $50 billion
Latest Binance News and Updates
Binance Skirted the Iran Sanctions: The Crypto Kerfuffle, Explained
The world’s largest crypto exchange, Binance, reportedly served Iranian customers despite U.S. sanctions against doing business in the country.
Binance Halts Withdrawals on Its Bitcoin (BTC) Network — Here's Why
Binance has halted withdrawals on its Bitcoin (BTC) network due to a backlog caused by a batch of transactions getting stuck from low transaction fees submitted.
Binance’s New $500M Web3 Fund Is Reserved for Institutional Investors
Binance has launched a new $500 million web3 fund. What is it and can retail investors get a piece of the pie? Currently, it's reserved for institutional investors.
From Billions to Broke: Binance’s LUNA Investment Tanks
Binance once had a LUNA investment in the billions. Now, it’s worth almost nil. How much did Binance lose on LUNA? See how it went from billions to broke.
Binance Recovers Small Fraction of Crypto From $600 Million Heist
After hackers made off with $600 million in crypto from the Binance network in March, the blockchain company has recovered a small fraction of it.
Is It Safe to Keep Coins in a Binance Wallet? Privacy Issues Debunked
Some investors wonder if Binance is a safe platform for storing crypto coins. It all depends on which wallet you're using. Let's see what investors can expect.
Binance CEO Changpeng Zhao Has Put Most of His Net Worth in Crypto
Recently, Binance CEO Changpeng Zhao revealed that he has put most of his net worth into crypto coins. Read more about his fortune and career trajectory.
How Proof of Stake Is Better for the Environment, Explained
Let's dive into whether cryptocurrencies that use PoS (proof-of-stake) consensus mechanisms are contributing less carbon emissions for a smaller environmental footprint.
Binance Is Launching Its Own NFT Marketplace in June
Binance, a crypto exchange, announced that it's launching its own NFT marketplace in June. It will be the largest NFT marketplace in the world.
BNB Price Prediction and Where to Buy the Binance Token
Investors have made good money with Binance Coin (BNB) lately. Many people wonder where to they can buy BNB amid bullish price predictions.
ANKR Beats Elon Musk’s Favorite Dogecoin to Coinbase Listing
Investors' interest in ANKR's price prediction has soared after its Coinbase listing. The listing could unleash the token’s potential.
