"We do need some regulations. We do need to do this properly. We do need to do this in a stable way," Binance CEO Changpeng Zhao said
Cryptocurrency markets were hit hard again on Thursday, after Binance walked away from a bailout deal for its smaller rival exchange FTX.
Market participants were stunned when Binance signed a non-binding agreement on Tuesday to buy FTX's non-US unit to help cover what it called a liquidity crunch.
Binance said on Friday coins worth at least $100 million were taken in a hack that targeted a bridge between two Binance systems.
The use of high-yield leveraged products worsened the rout in the $247 billion decentralised finance industry over the weekend, Binance chief Changpeng Zhao said
Binance founder Changpeng Zhao – or CZ – is said to have lost $87bn of his personal wealth in around...
Binance had invested $3 million in TerraUSD's sister cryptocurrency, Luna, four years ago. Its value plunged from $1.6 billion before last week's crash to less than $3,000 today.
Elon Musk has raised $7bn in new funding for his attempted $44bn buyout of the social media platform
Binance, the world's biggest crypto exchange, gained a licence to operate in Dubai, bolstering the UAE's aim of becoming a crypto hub.
The Financial Conduct Authority sought to ban Binance entirely in June of 2021, but now says it lacks to authority to enforce the ban.
Gulf Energy chief financial officer Yupapin Wangviwat says the joint venture may take about six months to obtain a licence for trading
Binance has received in-principle approval from the Central Bank of Bahrain to become a crypto-asset service provider in the kingdom, the company said on Monday.