BNB has surged to a record $1,112, marking a 6.5% daily gain and becoming the top performer among major cryptocurrencies. The Binance-associated token’s rally has pushed total crypto market capitalization near August peaks while Bitcoin lags behind. This movement signals potential altcoin season momentum as other digital assets follow BNB’s lead.
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CryptoMarket Report 
October 3, 2025 | 09:58
October 3, 2025 | 09:58
CryptoMarket Report October 1, 2025 | 04:19
October 1, 2025 | 04:19
Richard Teng
2 posts last week
Richard Teng is Changpeng Zhao’s successor as the CEO of the major cryptocurrency exchange Binance.
Kazakhstan Launches State-Backed Crypto Fund, Buys BNB
Kazakhstan has launched the Alem Crypto Fund, the country’s first state-backed digital asset vehicle, making its inaugural investment in Binance Coin (BNB) rather than following the conventional government path of Bitcoin acquisition. This strategic pivot from traditional commodity reserves to digital assets represents a calculated shift for the Central Asian nation, with Binance executives heralding the move as institutional validation of BNB’s growing stature. The development positions Kazakhstan at the forefront of national crypto adoption while maintaining a framework of regulatory oversight and infrastructure development.
read moreBinance Warns of Fake Listing Scams: Security Alert
Binance has alerted its community to a sophisticated scam where fraudsters impersonate Binance Business Development employees or ‘listing agents,’ falsely promising guaranteed listings on the exchange. The company clarified that listings are evaluated based on project merits, community demand, compliance, and other factors—never through intermediaries or paid fees. Binance does not charge listing fees but may require structured agreements for airdrops and marketing initiatives to protect users. The exchange urged users to verify contacts through Binance Verify and report suspicious activity, recalling a similar alert last month about fake customer support calls aimed at stealing API credentials.
read moreBinance Delists BAKE, HIFI, SLF: Prices Plummet 20%+
Binance’s decision to delist BAKE, HIFI, and SLF due to unmet platform criteria caused significant price declines, with BAKE dropping 26% to a multi-year low. The exchange also warned users about phishing scams involving fake support calls, briefly paused futures trading due to a technical issue, and added support for WLFI across multiple services. Despite initial backing, WLFI’s price declined 9% daily. The delisting highlights Binance’s periodic review process and its market impact on smaller cryptocurrencies.
read moreBinance Launches CreatorPad to Reward Crypto Content Creators
Binance has unveiled CreatorPad, a task-based monetization platform designed to reward crypto content creators for high-quality posts on Binance Square. The platform, which boasts 35 million monthly active users, will track contributions in real time and rank creators via a Mindshare Leaderboard. Additionally, Binance has launched institutional loan products and a DeFi app called HOME, contributing to a recent 3% surge in BNB’s price. Analysts predict further growth, with some forecasting BNB could reach $1,500 this cycle.
read moreBinance Hits $125T Trading Volume, 280M Users in 8 Years
Binance celebrates its eighth anniversary with staggering milestones: $125 trillion in cumulative trading volume, 280 million users, and a 41% share of the global spot market. The platform has expanded beyond trading, with Binance Earn generating $50 billion in user returns and Binance Pay processing $230 billion across 300 million transactions. CEO Richard Teng emphasizes rapid institutional growth (up 97% in 2024) and 80 million new retail users in the past year. Despite regulatory challenges, including a $4.3 billion US fine in 2023, Binance is boosting compliance spending by 30% year-over-year. The exchange continues innovating with products like Institutional Loans and Binance Wealth to serve its diverse user base.
read moreBinance CEO Urges Users to Boost Security Amid Scams
Binance CEO Richard Teng has warned users about increasing phishing scams targeting the exchange’s clients, including fake SMS alerts and malicious QR codes. Teng emphasized the importance of enabling two-factor authentication (2FA) and staying vigilant. Recent incidents involved fraudsters impersonating Binance support to steal funds or personal data. The exchange advises users to rely only on official channels and report suspicious activity. Community members praised the alert, stressing the need for robust security in the crypto space.
read moreBinance CEO: Crypto Aligns with Bhutan’s Happiness Policy
During the Binance Crypto-Powered Tour in Bhutan, CEO Richard Teng discussed how cryptocurrency aligns with the Himalayan kingdom’s unique Gross National Happiness (GNH) policy. Teng argued that digital assets promote financial freedom and innovation, reinforcing Bhutan’s focus on well-being over economic output. His remarks underscored the potential for crypto to complement Bhutan’s development philosophy, blending technology with cultural values.
read moreBinance Compliance Chief Exits After Nigeria Ordeal
Tigran Gambaryan, a key figure in Binance’s compliance efforts, has resigned to seek new challenges in the public or private sector. During his tenure, he built a 100-strong team of law enforcement experts and handled over 57,000 regulatory requests. His exit adds to a wave of leadership changes at Binance, including founder CZ’s 2023 departure amid legal troubles. Gambaryan gained global attention in 2024 when Nigerian authorities detained him for months before his eventual release. The former IRS agent now aims to bridge gaps between technology and compliance in his next role.
read moreBitcoin Could Hit $10M, Says JAN3 CEO Samson Mow
Samson Mow, CEO of Bitcoin infrastructure firm JAN3, argues that Bitcoin is severely undervalued and should already be worth $10 million per coin, citing its revolutionary potential as a global reserve asset. Despite increasing adoption, Mow believes widespread misunderstanding of Bitcoin’s implications is suppressing its price. High-profile figures like Michael Saylor, Donald Trump, and hedge fund manager Hugh Henry are fueling institutional and wealthy investor demand, with Binance CEO Richard Teng noting unprecedented BTC accumulation by sovereign funds and high-net-worth individuals. While $10 million remains speculative, Mow’s stance reflects a broader bullish sentiment among Bitcoin maximalists, who see the current price as just the beginning of a long-term surge.
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