Ace Data Cloud KursACE

$ACE dont miss it . target 0.3

$ACE 👀 ready to pump

$ACE entry 0.23 exit 0.38 and 0.48 last 0.8

Binance issued a transparency update on Wednesday outlining how projects must navigate its listing process across Alpha, futures, and spot markets, while warning that individuals claiming to act as third-party “listing agents” are engaging in fraudulent activity. In the notice, Binance emphasized that token teams must submit listing applications exclusively through its official channels, stressing that the company does not authorize external brokers or intermediaries to negotiate or influence listing outcomes. The exchange said it has seen repeated instances of individuals or firms misrepresenting themselves as Binance-connected facilitators, often while charging fees or soliciting payments from project founders. To counter this, Binance published its formal listing framework and urged projects to report any claim of a Binance representative outside its application portals. The crypto exchange giant also said it has blacklisted multiple parties after an internal audit and is offering a reward of up to $5 million for verifiable evidence of wrongdoing, according to an official blog post. Binance named seven entities and individuals now on its internal blacklist, including BitABC, Central Research, May/Dannie, Andrew Lee, Suki Yang, Fiona Lee, and Kenny Z. The company said these people and firms were identified through an in-house audit for falsely implying relationships with Binance or offering listing-related services. Legal action will be pursued where appropriate, the company added. According to data provider RootData, one of the blacklisted groups — Central Research — has backed several crypto projects, including Fireverse, Nebula Revelation, AKI Network, Fusionist, and Artyfact. Of those, only Fusionist (ACE) currently trades on Binance, though the exchange did not draw any link between the blacklist finding and past listings. Today’s announcement comes shortly after Binance confirmed misconduct linked to leaked listing information related to the “year of the yellow fruit” memecoin. The exchange said an employee had leaked listing details to a third party, prompting internal disciplinary action and new controls to address predatory behavior. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.