what's binance?
Binance is the world's largest cryptocurrency exchange by trading volume, founded in 2017 by Changpeng Zhao, offering spot, futures, and margin trading across hundreds of digital assets. It provides additional services like staking, NFTs, and educational resources through its ecosystem, including the Binance.US platform for regulated U.S. users. The exchange emphasizes low fees, security, and global accessibility to empower users in the decentralized finance space.
Binance records $351M BTC deposit from Garrett Jin, alongside other large inflows.
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ethereum
Has reportedly become less cooperative with law enforcement in providing customer information compared to the period immediately following the $4.3 billion settlement with U.S. authorities in 2023, according to law enforcement agencies.
Offers up to 5.5% APR on USDC Flexible Products through Binance Earn.
Experienced approximately $5 billion in BTC outflows within 30 minutes on 2026-02-28 during a market crash triggered by geopolitical events.
Binance Gold Futures surpassed $35 billion in total trading volume since launching on 2026-01-05.
Sold 4,419 BTC worth approximately $530 million in a three-hour period ending around 2026-02-28 09:09 UTC.
Hosts Katana's Wallet Earn Campaign starting on 2026-03-03, offering 50,000,000 KAT in bonus rewards for depositors.
Passed $1.7 billion in lifetime trading volume.
Crossed $70 billion in commodity volume after launching gold and silver futures.
A U.S. judge rejected Binance's arbitration request, allowing users to sue in court over pre-2019 token claims.
Processes 40% of all stablecoin transactions while holding 5% of total stablecoin supply, achieving 8x higher circulation velocity than competitors.
MetaAlpha deposited 6,994 ETH (~$14.3M) into Binance within a 24-hour period ending on 2026-02-27.
Runs a wishlist campaign with 2,000 USDC in total rewards (100 USDC each to top 20 entries), ending on 2026-03-10 at 23:59 UTC.
XAUT entered the top 10 perpetual trading pairs on Binance by liquidity and trader volume.
Racing to list commodities and equities perps alongside Coinbase.
allegedly leaked user positions to market makers according to claims referenced in discussion of platform data access practices
Hosts a trading campaign for $TRUST token in the CEE region, running from February 26, 2026 to March 12, 2026.
Recorded net inflows of $507 million into BTC ETFs and $157 million into ETH ETFs, representing a 3-week high in combined inflows.
Launched a futures trading challenge for ENSOUSDT with a 300 BNB prize pool.
Binance Japan credit card (Binance Japan Card) is experiencing overwhelming demand in Japan, indicating strong user interest in the financial integration product.
commanded median trading volume of $2B from day one to month three per listing in 2025, representing 2-3x the volume of most other major exchanges.
An address funded by Binance on Base deployed a malicious contract and extracted 4,588,196,709,531 FOOM tokens from "Foom Club: Lottery" on February 26, 2026, with the stolen funds bridged to Ethereum via LayerZero and swapped, resulting in approximately $332K in ETH held by the exploiter.
Offers fee discount up to $10 for new users buying crypto with fiat or depositing USD via card, and provides 1% USDC cashback up to $20 for Mastercard payments on a first-come, first-served basis.
Binance accumulated 29,344 BTC worth approximately $2.5 billion (combined with other exchanges and whales) within a 30-minute period.
Received a deposit of 280 BTC (approximately $18.43M) from a whale or possibly Galaxy Digital in a 9-hour period ending February 25, 2026.
Hosts Enso Trading Tournament for spot traders with a total prize pool of 200 BNB.
Generated $2.48B in SOL trading volume on 2026-02-24.
A whale (address 0x166f) withdrew 20,000 ETH (valued at $38.25M) from Binance and Deribit in a 2-hour period ending around 2026-02-25.
Incubated 0xVDEX, a global capital marketplace for trading.
Received a deposit of 37.33 million EDU tokens (valued at $4.37 million) from YZi Labs approximately 10 minutes before 2026-02-25 03:59 GMT.
Experienced the worst liquidation event in crypto history on October 10, 2025, wiping out $19 billion in 24 hours due to stablecoin de-pegging.
Reduced direct exposure to four Iranian exchanges from $4.19 million to approximately $110,000.
Relaunched 10 Ondo Finance tokenized U.S. securities (AAPLon, GOOGLon, TSLAon, NVDAon, QQQon, CRCLon, METAon, AMZNon, SPYon, MSFTon) on Binance Alpha on 2026-02-25, excluding U.S. users.
Sent legal demand letter to The Wall Street Journal on February 24, 2026, requesting corrections and full retraction of false and defamatory claims regarding the firing of investigators over concerns about funds linked to sanctioned Iran-related entities; CEO Richard Teng denies allegations.
Receives OCC approval for bank charter.
YZi Labs transferred 13.54 million AI tokens (worth $278,000) to Binance on February 24, 2026, as part of clearing their position.
YZi Labs transferred 11.11 million WOO tokens (worth $176,000) to Binance on February 24, 2026, as part of clearing their position.
Sold millions of BTC and liquidated over $250M in long positions on February 24, 2026.
Applied for an EU crypto license in Greece under the MiCA framework.
Spot trading volume decreased over 75% since January 20, 2025 (inauguration date).
Faces US Senator Richard Blumenthal inquiry and investigation request from eleven Senate Banking Committee Democrats to Attorney General Pam Bondi and Treasury Secretary Scott Bessent over $1.7 billion in crypto flows to Iranian entities, including $1.2 billion to Iranian Revolutionary Guards Corps and Houthis, and $2 billion to Russia's shadow fleet, and alleged violations of 2023 settlement and Russian oil sanctions evasion; internal review report due February 25, 2026, with records and compliance details due March 6, 2026.
Recorded $53 billion in 24-hour trading volume, demonstrating market dominance over competitors including Coinbase's $5 billion.
A newly created wallet withdrew 500 BTC ($32.98M) from the exchange on February 23, 2026.
USD1 depegged to $0.98 on Binance, recovering within minutes, following a coordinated attack.
Released 39th Proof of Reserves report with snapshot date February 1, 2026, showing user holdings of 639,000 BTC (up 0.41%), 4.18 million ETH (down 3.74%), and 36.8 billion USDT (down 3.07%). Bitcoin holdings reached their highest level since November 2024.
SEC withdrew 2023 lawsuit against Binance US, enabling potential expansion in the USA.
Received over 31 million XRP inflows, driven by whale addresses holding 100K to 1M XRP and addresses holding over 1M XRP.
Holds licenses in 20 jurisdictions as of February 2026.
Employs over 1,500 compliance staff as of February 2026.
BNB trades at $609, down 1% in the current market session.
Sanctions-related exposure dropped 96.8%, with trading volume decreasing from 0.284% in January 2024 to 0.009% in July 2025.
hosted an AMA on Binance Square on 2026-02-12 where CZ discussed industry trends including RWA tokenization and prediction markets
USDC yield on the platform reached 0.74% APR, reported as the lowest level observed in a long time.
Listed OPNUSDT perpetual contract pre-market trading on February 21, 2026, as a pre-TGE futures contract with 5x leverage, 24/7 trading, and 4-hour funding settlement.
Received a $500M ETH transfer from a whale wallet linked to Garrett Jin (Hyperunit Whale) on approximately 2026-02-15.
Received 11,318 BTC (~$760.6M) from Garrett Jin (Hyperunit Whale) on 2026-02-21.
Announced winners of the Mantle Global Hackathon in the week of February 14, 2026.
Offers 235M WLFI tokens to USD1 holders, distributed pro-rata over 1 month, with APR up to 13.81% and no reward cap.
Received deposit of 6,318 BTC ($424.86M) from massive Bitcoin whale Garrett Bullish.
Increased headcount by 25% from February 2025 to February 2026.
Launches 24/7 crypto futures and options trading on CME.
Offers yield of up to 29% APR through Binance Earn Yield Arena this week.
Achieved an average peak return of approximately 93% for token listings in 2025.
Experienced an outflow of 200 million XRP over a 10-day period ending around February 20, 2026, with the supply ratio on the exchange dropping from 0.027 to 0.025.
Launched XAUUSDT and XAGUSDT perpetual futures contracts on Boros platform with Pendle, maturing 2026-03-27, reaching over $70B in gold and silver futures trading volume.
CZ attended Trump's World Liberty Financial summit at Mar-a-Lago on February 20, 2026, discussing tokenized real estate, stablecoins, and U.S. crypto regulation, while promoting Binance US expansion efforts.
Launched the Sharia Earn Campaign, offering Sharia-compliant earning products for users during Ramadan 2026.
Founder CZ commented that he may have done "a tiny bit of advocacy" that helped influence the UAE's shift toward recognizing and acquiring Bitcoin through sovereign wealth funds.
allows XRP, DOGE, ADA, and LTC as collateral
Launched Ramadan Riddle Rush campaign distributing $25,000 USDT total prize pool to participants who solve 15 crypto riddles across Telegram, WhatsApp, and Discord channels.
Launched Binance Junior, a feature that enables parents to provide supervised crypto spending and Red Packet gifts for children with age-inappropriate category blocks including alcohol, tobacco, and gambling.
Recorded $409 billion in spot trading volume for January 2026, representing a 12% month-over-month increase from December 2025's $365 billion.
Received investment from MGX, Abu Dhabi's AI-focused investor.
Reserve movement is at 0.6% during the current market conditions in February 2026.
CEO Richard Teng is scheduled to speak at the DAS conference in 2026 alongside major financial and regulatory figures including the SEC Chairman, CFTC Chairman, and BlackRock Global Head.
Buys $1 billion worth of BTC for its SAFU fund.
Bitwise files for a prediction market ETF.
Gemini parts ways with COO, CFO, and CLO.
Launched USD1 points program on Binance with 12M $WLFI in rewards.
Launched #BinanceWithPurpose campaign with $750K in total rewards through daily challenges, offers $50K in token vouchers to new users during Ramadan 2026.
May face blocking in Russia as early as summer 2026 under regulatory regime requiring foreign centralized exchanges to register or be blocked by Roskomnadzor.
Partnered with Orca to boost Solana liquidity.
A new address withdrew 313 million WLFI tokens (worth $31.89 million) from Binance over a 12-hour period ending February 18, 2026, with indications the address is connected to the WLFI project.
Expanded board of directors to seven members, including three independent directors and an independent chairman, with Richard Teng and Yi He serving as co-CEOs in day-to-day operations.
Holds Bitcoin in SAFU Fund with an average purchase price of $69,160 per BTC.
Ranked #6 on Santiment's top BSC & Binance Chain projects by development activity for BNB, with a decline from the previous month.
Ranked #1 by development activity for BTCB among BSC & Binance Chain projects on Santiment, with no change from the previous month.
Received $8.2 billion in whale BTC inflows, reaching a 14-month high.
Restored FLOW services.
Received a deposit of 1,701 BTC (valued at $115.2M) and 22,661 ETH (valued at $44.5M) from BlackRock.
Hosts a Ramadan Virtual Super Meetup on Binance Square on 2026-02-18 at 12:00 PM UTC, including a $5,000 USDC Red Packet giveaway.
Holds 65% of all stablecoins on centralized exchanges, totaling $47.5 billion in reserves.
Whale Inflow Ratio on Binance increased from 0.4 to 0.62 between February 2 and February 15, 2026.
Completed Season 2 of Creator Rewards Campaign and distributed 200 BNB to creators on Binance Square.
Whale 3NVeXm deposited 12,705 BTC ($863M) to Binance between February 9-15, 2026.
Delisted Monero (XMR) and suspended withdrawals for an extended period.
Incubated 0xVDEX, a global capital marketplace platform.
Integrated with AgentArc's PSYOPS product to enable automated perpetual trading on Binance with market-neutral strategies, risk controls, and periodic rebalancing for users who stake 1M PSYOPS tokens.
Holds 39.2% market share of centralized exchange trading volume with $7.3 trillion in volume for 2025, down 0.5% year-over-year but maintaining position as the largest CEX.
Runs a Lunar New Year social media campaign with $5,000 USDC in rewards distributed to 25 winners ($100 each), scheduled from 2026-02-15 to 2026-02-24.
Two newly created wallets withdrew 402 BTC ($28.3M) from Binance on 2026-02-15.