Topic: #binance
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BNB Chain targets 1M TPS with AI agents as token hits 2024 lows
BNB Chain is overhauling its architecture to process 1 million transactions per second and integrate protocol-level privacy, targeting traditional finance and autonomous AI agents. The pivot comes as BNB token has fallen more than 35% this year to $563, its lowest since October 2024.
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Binance suspends EU services after missing MiCA license deadline
Binance notified European Union users it will suspend services and stop accepting new registrations because it failed to obtain a MiCA license by the July 1 regulatory deadline. The exchange withdrew its Greece application and plans to seek authorization in France instead.
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Binance restricts EU services July 1 after failing to secure MiCA authorization
Binance will halt onboarding of new EU users and limit certain services starting July 1 under MiCA rules after failing to gain authorization from a member state. Existing users can withdraw assets and manage positions.
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Tokenized SpaceX shares collapse as platforms fail to secure assets
Crypto platforms including Binance Wallet and Bybit promoted tokenized SpaceX shares that drew over $1 billion in demand, but withdrew offerings after being unable to obtain the necessary underlying shares to back the tokens, triggering refunds to investors.
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Binance shuts down NFT marketplace, migrates users to Binance Wallet
Binance is sunsetting its NFT marketplace and moving users to Binance Wallet, giving holders until July 3, 2026 to withdraw assets or face loss of access. The exchange is offering fee reimbursements to incentivize migration.
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Binance returns to Philippines via BlockShoals SEC sandbox partnership
Binance has partnered with BlockShoals Technologies to re-enter the Philippines market through the SEC's Strategic Sandbox framework, providing technology and compliance support while BlockShoals operates as the approved local intermediary.