Binance's 45th Proof of Reserves report from August 1, 2026, reveals that user Bitcoin holdings increased by 16,349 BTC to approximately 657,000 BTC, continuing a three-month growth trend. Meanwhile, Ethereum and Tether (USDT) balances declined by 2.57%, with ETH dropping to about 3.98 million and USDT falling to roughly 32.9 billion tokens. Binance reported reserve ratios above 100% for BTC, ETH, and USDT, indicating reserves slightly exceed user liabilities. The report highlights balance changes but does not clarify the reasons behind movements, such as deposits, withdrawals, or transfers. Proof of Reserves offers a snapshot of backing but is not a full financial audit. The next report, likely in early September, will show if these trends continue.
Binance has invested $100 million in Circle, the issuer of the USDC stablecoin, and signed a new five-year commercial agreement to expand USDC's use, especially in emerging markets. Binance will promote and integrate USDC on its platform, while Circl...
A cryptocurrency wallet transferred a total of $130 million to Binance through three separate transactions within four days. The latest transfer was a $30 million deposit made on September 28 at 5:53 a.m. ET. These large transfers highlight significa...
Binance Wallet has introduced the ability to pay blockchain gas fees using USDT on BNB Smart Chain, Ethereum, Solana, and TRON networks. This removes the previous requirement for users to hold each network's native gas token before making transaction...
Binance Futures announced it will list several USDT-denominated perpetual contracts referencing traditional finance instruments like equities and commodities. These contracts allow traders to gain exposure to non-crypto assets without owning them, us...
Quant (QNT) led gains among top altcoins with a brief 75% rise after being chosen for The Clearing House's On-Chain Money Initiative, pushing its price above $190 before settling near $160. Bitcoin (BTC) held steady above $83,000, moving toward $85,0...
