Tag "Binance"

Binance Asia Services Snaps up 18% Stake in Hg Exchange

Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, announced that it has snapped up an 18% stake in Hg Exchange (HGX). HGX is a member-driven private securities exchange, founded by financial institutions such as PhillipCapital, PrimePartners, and

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Binance Ceases Singapore Offerings Following MAS’ Investor Alert

Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list. The company said

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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List

The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token

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Binance Appoints New Australian CEO, Reiterates Regulatory Focus Moving Forward

Crypto exchange platform Binance Australia has announced the appointment of Leigh Travers as its Australian Chief Executive Officer. Travers was formerly the CEO and Director of DigitalX, a digital asset funds management firm listed on the Australian Securities Exchange, where

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Binance Appoints ADGM’s Senior Exec as CEO To Get Ahead of Regulatory Concerns

Singaporean crypto exchange platform Binance appointed Richard Teng, the former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) as its Chief Executive Officer. Teng played a pivotal role in enabling ADGM to gain international recognition by

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Binance Announces “Project Venus” A Competitor to Facebook’s Libra

Binance today announced its plans to initiate an open blockchain project, Venus, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Binance is looking to create new alliances and partnerships with governments, corporations,

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Binance Launches Fiat-to-Crypto Gateway for Singapore Users

Binance – the global cryptocurrency exchange that in the last 24 hours has facilitated more than $2 billion in trading volume, has just announced that is has launched a Fiat-to-Crypto gateway for citizens based in Singapore.  The platform, which it

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A Blockchain-Based Alternative to Grab is Now Listed on Binance

Binance just announced a partnership with a Singapore-based blockchain company with a simple goal: keeping relevant information about a vehicle transparent and available on an immutable network. MVL is a blockchain protocol mainly known for running Tada, a blockchain-based alternative

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A Look Back on Some of the Most Devastating Crypto Hacks

Another day, another cryptocurrency exchange hack. Recently the crypto world has been shaken by the Binance hack, that vanished approximately US$40 million worth of bitcoin through patient methods to avoid detection. It’s just the latest in a slew of hacks

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Binance Will Arrive in Singapore Before the Month Ends

In September last year, Binance, one of the best known crypto exchanges, expressed intentions to set up fiat-to-crypto trading platforms on almost every continent. True to its intentions, Changpeng Zhao, CEO of Binance, announced at a conference in Seoul that

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