CryptoJackXBT

The $2 billion investment is: The single largest investment into a crypto companyThe largest investment paid in crypto (stablecoin)And, the first institutional investment in Binance
New York - Abu Dhabi, 12 March 2025 – Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark $2 billion investment. This transaction, the first institutional investment in Binance to date, marks a significant step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the single largest investment into a crypto company and the largest investment ever paid in crypto (stablecoin).
This investment represents MGX’s first entry into the cryptocurrency and blockchain sectors, securing a minority stake in Binance as part of a broader strategy to support blockchain’s transformative impact on society. By partnering with the leading industry player, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
Binance has a substantial footprint in the UAE, a nation known for its innovation, progressive cryptocurrency regulation, and clarity in digital asset frameworks. Today, Binance employs approximately ~1,000 of its ~5,000 global workforce in the UAE. As the world's most secure, licensed, and trusted cryptocurrency exchange, Binance leads the industry by a significant margin. It is larger than the next several cryptocurrency exchanges combined by trading volume, boasting over 260 million registered users and surpassing $100 trillion in cumulative trading volume. This investment solidifies Binance’s position at the forefront of the crypto revolution while underscoring MGX’s commitment to enabling AI-powered blockchain solutions, decentralized finance (DeFi), and the tokenized digital economy.
Ahmed Yahia, Managing Director & CEO, MGX, said: “MGX’s investment in Binance reflects our commitment to advancing blockchain’s transformative potential for digital finance. As institutional adoption accelerates, the need for secure, compliant, and scalable blockchain infrastructure and solutions has never been greater. Binance has long been a driving force in cryptocurrency innovation, from exchange technology and tokenization to staking and payments. Together, we are committed to building a more inclusive and robust digital finance ecosystem.”
Binance CEO, Richard Teng, added, “This investment by MGX is a significant milestone for the crypto industry and for Binance. Together, we are shaping the future of digital finance. Our goal is to build a more inclusive and sustainable ecosystem, with a strong focus on compliance, security, and user protection. Binance remains committed to working with regulators worldwide to establish transparent, responsible, and forward-thinking policies for the crypto industry. Our ongoing investments in security and compliance reinforce our mission to foster a secure and trusted digital financial ecosystem.”
Richard Teng, who previously served as CEO of the globally recognized Abu Dhabi Financial Services Authority, played a key role in initiating one of the world’s first crypto regulatory frameworks, making his leadership instrumental in Binance’s regulatory strategy.
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About MGX
MGX is a technology investment company focused on accelerating the development and adoption of AI and advanced technologies through world-leading partnerships in the United Arab Emirates and globally. MGX invests in sectors where AI can deliver value and economic impact at scale, including semiconductors, infrastructure, software, tech-enabled services, life sciences, and physical AI.
About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 260 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.%domain%.
MGX
[email protected]
Binance
[email protected]

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Based on recent reviews, Binance will extend the Monitoring Tag to include GoPlus Security (GPS) on 2025-03-07.
The Monitoring Tag has been applied to GoPlus Security (GPS) due to a significant price drop immediately following the spot listing and certain market making behavior of one of GPS’ market makers (the “Market Maker”), including:
Approximately 70,000,000 GPS tokens were sold by the Market Maker between 2025-03-04 13:00 (UTC) and 2025-03-05 09:55 (UTC). No buy orders were placed by the Market Maker during the aforementioned period.Tokens were continuously sold by the Market Maker right after spot trading opened.The Market Maker was the top 1 profiteer gaining approximately 5,000,000 USDT.
The Market Maker’s Binance account has been temporarily suspended while we conduct an in-depth follow-up investigation into this matter.
Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens. These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform.
To gain trading access to tokens marked with the Monitoring Tag, users will need to pass the quiz every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the Terms of Use. The quizzes are set up to ensure users are aware of the risks before trading tokens with the Monitoring Tag. Users may find the Monitoring Tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on the Markets Overview page. A risk warning banner will also be displayed for all tokens with the Monitoring Tags.
Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from tokens as per its latest findings. These criteria are considered during the review:
Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksNetwork / smart contract stabilityLevel of public communicationResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceContribution to a healthy and sustainable crypto ecosystem
Please note:
Other services related to the aforementioned tokens will not be affected. The Monitoring Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.
Thank you for your support!
Binance Team
2025-03-07

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will support the Ethernity Chain (ERN) token swap and rebranding to Epic Chain (EPIC).
General
TradingAt 2025-03-10 03:00 (UTC), Binance will remove all existing ERN spot trading pair(s) (i.e., ERN/USDT) and cancel all pending ERN spot trading orders. At 2025-03-13 08:00 (UTC), Binance will open trading for the EPIC/USDT trading pairs.Deposits and WithdrawalsAt 2025-03-10 03:30 (UTC), deposits and withdrawals of ERN tokens will be suspended. Please ensure that you leave sufficient time for your ERN token deposits to be fully processed prior to this time. Deposits of EPIC tokens will be opened at 2025-03-13 07:00 (UTC).Binance will make a separate announcement after the event is completed to notify users when withdrawals of EPIC tokens have opened.After the event is complete, withdrawals of ERN tokens will no longer be supported.Binance will handle all technical requirements for users who are involved in this event.Users may refer to the announcement from the project team for more information.
Token Swap and Rebranding
ERN tokens will assume the ticker of EPIC tokens on Binance. This is different from the on-chain display.All ERN tokens will be swapped to EPIC at a ratio of 1 ERN = 1 EPIC.
Spot
At 2025-03-10 03:00 (UTC), Binance will remove and cease trading on all spot trading pair(s) for ERN. The exact trading pair being removed is: ERN/USDT.All trade orders will be automatically removed after trading ceases in each respective trading pair.Binance will remove Trading Bots services for the aforementioned spot trading pairs at 2025-03-10 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.Binance Spot Copy Trading will remove the aforementioned spot trading pairs on 2025-03-09 03:00 (UTC). After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to 2025-03-09 03:00 (UTC) to avoid potential losses.Binance will open trading for the EPIC/USDT trading pair(s) at 2025-03-13 08:00 (UTC).
Margin
Binance Margin will remove ERN from Cross and Isolated Margin at 2025-03-06 06:00 (UTC). The ERN/USDT Cross and Isolated Margin pair(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their Margin Accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Margin Accounts, less any collateral already available.At 2025-03-01 06:00 (UTC), Binance Margin will suspend Isolated Margin borrowings on the aforementioned Isolated Margin pair(s). At 2025-03-06 06:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned Isolated Margin pair(s), which will then be removed from Isolated Margin.At 2025-03-01 06:00 (UTC), Binance Margin will suspend Cross Margin borrowings on the aforementioned token(s). At 2025-03-06 06:00 (UTC), if users hold both collateral and liabilities of the aforementioned token(s), the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin Accounts that are to be removed will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin Accounts that are to be removed will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:
All remaining open orders in your Cross Margin account will be canceled at the scheduled removal time, unless the collateral value of all available assets is more than twice the liability value of the removed token, in which case these open orders will not be canceled.
The system will then sell other collateral tokens to buy and fully repay the aforementioned token(s)’ liabilities.
Please note that users will not be able to update their positions during the removal process, and they are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading at 2025-03-06 06:00 (UTC). Binance will not be responsible for any potential losses.
Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their Margin balance before 2025-03-06 06:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treatedA separate announcement will be made for relisting.
Loans
At 2025-03-06 03:00 (UTC), Binance Loans (Flexible Rates) and VIP Loan will close all outstanding loan positions for ERN (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding ERN loans before 2025-03-06 03:00 (UTC) to avoid any potential losses.
Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions.
Simple Earn
From 2025-03-07 03:00 (UTC), Binance Simple Earn will cease support for ERN Simple Earn Flexible Products. Subscriptions will no longer be available. From 2025-03-07 03:00 (UTC), all remaining ERN Flexible Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Accounts. Users can choose to redeem their assets from ERN Simple Earn Flexible Products anytime beforehand.After the token swap, Binance Simple Earn will resubscribe the converted EPIC assets for Flexible Product for impacted users, according to the above swap ratio after the event is complete.
Binance Pay
At 2025-03-06 03:00 (UTC), Binance will remove ERN from the list of supported cryptocurrencies on Binance Pay.
Gift Card
At 2025-03-10 03:00 (UTC), Binance will no longer support the creation of ERN Gift Cards.
Users may proceed to redeem any unredeemed ERN Gift Cards for ERN tokens before 2025-03-10 03:00 (UTC).
Convert
Binance Convert will remove ERN and all associated pairs at 2025-03-10 02:00 (UTC).
Auto-Invest
Binance Auto-Invest will remove ERN after 2025-03-05 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.
Convert Low-Value Assets
Convert Low-Value Assets will remove ERN at 2025-03-09 02:00 (UTC). Users may choose to convert the low-value assets beforehand.
Buy & Sell Crypto
At 2025-03-03 08:00 (UTC), Buy & Sell Crypto will remove ERN and all associated pairs.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-02-28