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Binance, a major crypto exchange, has prevented $2.4 billion in potential losses from fraud since January. The company announced this on Tuesday. It cited its risk management as key to protecting over 1 million users from scams. The exchange stopped suspected fraud-related funds from leaving the pla

Binance, the world's largest crypto exchange, is set to convert Monero balances to USDC. The process starts September 2. It's part of their plan to delist the privacy coin. The exchange dropped this bombshell in a blog post on August 12. They'll be converting 15 tokens in total, including XMR. The c

Binance, the top dog in crypto trading, has pulled off a major security coup. They've managed to recover or freeze a whopping $73 million in stolen funds this year. It's only July, and they've already outdone their 2023 efforts. Last year, Binance helped users get back $55 million. This year's figur

Bitcoin took a nosedive on Monday, briefly touching $49,000, before going up to $57,000. This sparked a massive sell-off across crypto markets. Binance, the world's biggest crypto exchange, saw net inflows of $1.2 billion in 24 hours [Tuesday]. Binance CEO Richard Teng shared this data from Defi Lla

India's tax authorities have dropped a bombshell on Binance. The crypto giant faces a whopping $86 million bill for unpaid taxes. The Directorate General of Goods and Service Tax Intelligence (DGGI) is behind this massive demand. It's targeting Binance under the Goods and Services Tax (GST) framewor