
Circle pays millions for Binance distribution while its margins collapse
Binance customer USDC balances nearly quintupled since 2024, prompting a five-year renewal and a $100 million equity investment.

Follow Binance news, including exchange updates, listings, legal developments, product launches, and market impact across global crypto trading.

Prosecutors are targeting $61 million in frozen USDT while tracing a broader flow through crypto and traditional banking channels.

Binance Alpha uses two eligibility snapshots for swaps and refunds, while Kraken now supports only Ethereum-based NES.

Anthropic's leveraged contract uses a one-billion-share denominator that can change before IPO terms create an external anchor.

Eligible users trade physically settled contracts through Binance while Nest routes orders and Alpaca executes, settles and custodies the shares.

A user can withdraw every coin from an exchange and still leave behind years of identity and transaction history.

The paper trail instead reveals Binance pricing failures, on-chain ADL and a disclosure gap regulators have yet to close.



