binance topic page

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 vending machine
    Cryptocurrency Exchanges

    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.
    By Danielle Letenyei
  • Binance logo painting on white wall
    Cryptocurrency Exchanges

    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.
    By Rachel Curry
  • Blue and white Terra graphic with Binance logo
    Cryptocurrency & Blockchain

    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.
    By Rachel Curry
  • Binance CEO Changpeng Zhao and company logo
    Cryptocurrency & Blockchain

    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.
    By Rachel Curry
  • Binance platform displayed on smartphones
    Cryptocurrency & Blockchain

    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.
    By Ade Hennis
  • Changpeng Zhao
    Net Worth

    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.
    By Dan Clarendon
  • Binance Smart Chain logo
    Cryptocurrency & Blockchain

    What the Binance U.K. Ban Means for Crypto Traders

    With the U.K. officially banning Binance in the nation, many crypto traders wonder what this means and what's next.
    By Rachel Curry
  • PancakeBunny was exploited in a flash loan attack.
    Cryptocurrency & Blockchain

    PancakeBunny Crashes Over 95 Percent After Flash Loan Attack

    PancakeBunny was the victim of a flash loan attack that cause its price to drop over 95 percent on May 20. Here's what we know.
    By Adam Goodpasture
  • Cryptocurrencies on a table
    Company & Industry Overviews

    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.
    By Rachel Curry
  • Cryptocurrency exchange on a laptop
    Cryptocurrency & Blockchain

    Want To Save on Cryptocurrency Fees? Here’s How Exchanges Compare

    Trading cryptocurrencies can bring in big profits. However, the fees cryptocurrency exchanges charge can eat into those returns.
    By Adam Goodpasture
  • Binance NFT Marketplace announcement.
    Cryptocurrency & Blockchain

    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.
    By Adam Goodpasture
  • Woman looking on a laptop and Binance logo
    Cryptocurrency & Blockchain

    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.
    By Ruchi Gupta
  • Coinbase app on a smartphone
    Cryptocurrency & Blockchain

    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.
    By Ruchi Gupta
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