Here are the latest updates on Binance as of May 17, 2025:
š”ļø Security & Legal Developments
Attempted Cyberattacks:Ā Binance and Kraken were targeted by sophisticated social-engineering hacks similar to those that affected Coinbase. Fortunately, both exchanges successfully defended against these attacks without any loss of customer dataĀ .Bloomberg
Ukrainian Court Order:Ā A Ukrainian court has mandated the transfer of certain Binance-linked crypto wallets to the state asset agency. These wallets are allegedly connected to illegal online gambling activitiesĀ .Crowdfund Insider
š Market Trends & Token Activity
Crypto Market Downturn:Ā The cryptocurrency market is experiencing a significant pullback, affecting major altcoins like XRP, DOGE, and TRONĀ .Binance
XRP Price Decline:Ā XRP's price has dropped recently, potentially influenced by broader market trendsĀ .Binance
Bitcoin Accumulation:Ā Glassnode reports a strong accumulation phase for Bitcoin on both Binance and Coinbase, indicating growing investor demandĀ .The Daily Hodl
š Platform Innovations & Listings
Binance Alpha Launch:Ā Binance has introduced "Binance Alpha," a platform aimed at providing early access to promising Web 3.0 projects, enhancing user discovery and engagementĀ .The Daily Hodl+1crypto.news+1
Pi Network Speculations:Ā Binance's recent use of the Pi symbol in its logo has sparked rumors about a potential listing of Pi Network's cryptocurrencyĀ .crypto.news+5The Crypto Times+5Binance+5
š BNB Price Snapshot
