Binance ve BNB coin
Binance Holdings Ltd., branded Binance, is a global[9] company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters
In 2021, Binance was put under investigation by both the United States Department of Justice and Internal Revenue Service on allegations of money laundering and tax offenses.[10][11][12] The UK's Financial Conduct Authority ordered Binance to stop all regulated activity in the United Kingdom in June 2021.[13] That same year, Binance shared client data, including names and addresses, with the Russian government.[14]
On November 21, 2023, Binance pleaded guilty to federal charges, admitting that it engaged in money laundering, unlicensed money transmitting, and sanctions violations; and has agreed to pay over $4 billion in fines
The company has launched two cryptocurrencies which it developed itself: Binance Coin (BNB), and BinanceUSD (BUSD).[72] BNB launched July 2017,[73] which started as an Ethereum token and later moved to Binance Smart Chain (BSC),[74] launched September 2020.[75] BSC later merged with the older Binance Chain and was rebranded into BNB chain.[76][77] BNB Chain operates using "Proof of Staked Authority", a combination of proof of stake and proof of authority. It has 21 approved validators. As of 2021, Binance Coin was the cryptocurrency with the third highest market capitalization.[72] Binance allows its users to pay fees on its exchange with BNB.[72]
BNB Chain supports smart contracts and is compatible with the Ethereum virtual machine (EVM).[78]
There have been multiple criticisms of Binance Smart Chain concerning its level of centralisation, which had led to several exploits on the network