📰 Binance Latest News Roundup (Like & Share!)
The crypto giant Binance is currently navigating a period marked by significant legal, operational, and market developments.
Most notably, a new U.S. federal lawsuit has been filed by victims and family members of the October 7, 2023, attack on Israel, accusing Binance and its former CEO, Changpeng Zhao (CZ), of knowingly facilitating illicit transactions for Hamas and other designated Foreign Terrorist Organizations (FTOs) for years. This resurfaces regulatory concerns following the firm's major $4.3 billion settlement with U.S. authorities in 2023.
On the operational front, Binance Futures announced the delisting of several perpetual contracts (including PONKEUSDT, SWELLUSDT, and QUICKUSDT) to enhance market efficiency. Simultaneously, the exchange is expanding its Binance Banking Triparty solution for institutional and VIP users, now accepting the Swiss franc (CHF) as eligible off-exchange collateral, alongside support for assets like BlackRock's BUIDL token.
Meanwhile, the native token BNB is holding strong, trading in the mid-$800 range with a market capitalization exceeding $110 billion, maintaining its position in the top five cryptocurrencies despite broader market consolidation. BNB Chain continues to see high developer activity in DeFi and gaming.
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