Yugocean Binance

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Binance Announces Header Challenge for Designers

15 Nov 2023 1 minute read 3 comments Yugocean

     Binance has launched a header design contest for its X handle, the announced prize for the winner is 5 BNB. How do I participate in the competition?      Create your own header; no expertise is required. Repost (retweet) posts related to the c...

Pro Crypto US senator wants to sue Binance & Tether

28 Oct 2023 1 minute read 4 comments Yugocean

     The demand by a US senator to initiate criminal proceedings against Binance and Tether has generated new controversy in the crypto world. What is the matter?      US Senator Cynthia Lummis has urged the US Justice Department to initiate crimin...

USDT whales add to Binance's USDT treasury

23 Oct 2023 1 minute read 3 comments Yugocean

     USDT Whale(s) sent hundreds of million USDT to Binance in multiple transactions, marking stablecoin possibilities. Whale Trusts Binance      The unidentified USDT whale transferred more than 700 million USDT in multiple transactions from the w...

Binance Partners with MUFG to Develop Stablecoins in Japan

27 Sep 2023 1 minute read 0 comments Yugocean

     Japanese arm of Binance and Japan's largest financial group, Mitsubishi UFJ Financial Group (MUFG), have jointly announced plans to create stablecoins. Stablecoin Friendly Regulation Created the Partnership      Japanese regulations are more c...

Alameda Research was behind the Bitcoin flash crash 2021

21 Sep 2023 1 minute read 3 comments Yugocean

     Former Alameda Research employee Aditya Baradwaj has recently disclosed that Alameda Research was responsible for the 2021 BTC flash crash. The terrible BTC flash crash of 2021      A bug in 2021 led to a decrease in the market value of bitcoi...

SEC strikes the sinking Binance US

16 Sep 2023 1 minute read 3 comments Yugocean

     The SEC accuses Binance US of using its unregistered custody arm, Ceffu, to move assets overseas; this has hit Binance hard this time.   Question on Ceffu and Custody      Ceffu is a custody and liquidity subsidiary of an EU-registered entity,...

Binance to Refund XIRTAM scam victims

8 Sep 2023 1 minute read 1 comment Yugocean

     Bimance has decided to pay back the victims of the XIRTAM scam project. This is good news for those who invested in the token sale, but other investors will have to wait. The XIRTAM Scam Fund      In early May 2023, a scam project called "XIRT...

Jim Cramer's Pro Binance News created a stir

6 Sep 2023 1 minute read 4 comments Yugocean

     Today, suddenly, there was a stir among Binance users due to viral news showing notorious Jim Cramer's positivity towards CZ, Binance, and BNB. Oh no, Jim Cramer      It is famous in the economic world about Jim Cramer that whatever business o...

Binance launches opBNB Mainnet

18 Aug 2023 1 minute read 3 comments Yugocean

     Binance launched the BNB smart chain for crypto developers. opBNB is an attempt to solve its layer 2 challenges, and from today it is live. EVM-Compatible Solution      opBNB acts as an EVM execution engine through which decentralised applicat...

Binance is expanding its stablecoin base

2 Aug 2023 1 minute read 1 comment Yugocean

     Recently, CZ, the CEO of Binance, talked about the advantages of stablecoins and decided to grow its base in Binance; CZ's diplomatic experience is evident in this decision. Binance Needs to Have the Largest Stablecoin Reserves      Stablecoin...