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Binance Boosts Institutional Loans to 5x Leverage as Compliance Chief Eyes Exit

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Binance has expanded its institutional loan product with higher leverage, broader access, and fixed-rate options, even as its chief compliance officer (CCO) reportedly weighs an exit.

The update raises the maximum leverage cap from 4x to 5x for all eligible risk units. Know Your Business (KYB)-verified clients at VIP 1 and above now qualify, down from the previous VIP 5 threshold.

What Changed in the Binance Loan Terms

Initial loan-to-value (LTV) ratios increased from 75% to 80%, while transfer-out LTV moved to 83%. Margin call and liquidation thresholds remain at 85% and 90%, respectively.

Binance also introduced fixed-rate term loans with 30-, 60-, and 90-day terms. Upon expiry, unpaid balances are rolled over to the prevailing variable rate.

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Co-CEO Richard Teng promoted the changes, saying the exchange continues to raise standards for institutional clients.

The Binance VIP account confirmed existing clients were upgraded automatically.

Compliance Leadership Under Pressure

Meanwhile, Chief Compliance Officer Noah Perlman is reportedly in discussions about leaving the company.

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According to a Bloomberg report, Binance stated that Perlman has no confirmed exit date, and no successor has been identified.

Several other senior compliance staff have also departed, including employees handling sanctions, investigations, and financial crime monitoring.

Perlman joined Binance in 2023 following the firm’s $4.3 billion settlement with U.S. authorities.

The company has said it expanded compliance-related staff by more than 30% and reduced illicit exposure by 97% between January 2023 and June 2025.

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Whether Binance can sustain those improvements amid ongoing personnel turnover will likely shape how regulators assess the exchange’s compliance trajectory in the months ahead.

The post Binance Boosts Institutional Loans to 5x Leverage as Compliance Chief Eyes Exit appeared first on BeInCrypto.

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Cardano Whale Activity Climbs, Yet ADA Price Struggles Below $0.25

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • The number of Cardano whale wallets holding over 10 million ADA has reached a four-month high.
  • Whale activity increased by 5.2% over the past nine weeks, despite ADA’s price remaining depressed.
  • ADA’s price is 11% higher than its lowest point in February, but has not shown significant upward movement.
  • Cardano’s network processed over 4 billion ADA in transactions, amounting to over $1 billion in on-chain volume.
  • Large holders accumulated 220 million ADA in March, bringing their total holdings to nearly 14 billion tokens.

The number of wallets holding over 10 million ADA tokens has reached a four-month high of 424. According to Santiment, this marks a 5.2% rise over the past nine weeks, even though Cardano’s price remains subdued. Despite the increased whale activity, ADA continues to trade below its previous highs.

Cardano Whale Activity Shows Strong Accumulation

Recent data from Santiment reveals that ADA’s price is 11% higher than its February 5 low this year. However, the rise in whale activity has not led to an immediate price surge. Santiment suggests that if the accumulation persists while the price remains low, it could eventually lead to a bullish divergence.

Analytics platform TapTools reported a 4 billion ADA transaction volume over the last five days, equating to over $1 billion. This shows that the increased activity among whales is paralleled by rising network usage. Despite this, the price of ADA has not yet reacted positively, remaining stuck below key resistance levels.

ADA’s Struggles Continue Amid Increased Whale Holdings

Whale interest in Cardano has been noticeable for weeks, with analysts like Ali Martinez highlighting that large holders accumulated 220 million ADA in late March. These whales now hold nearly 14 billion ADA, making up around 37% of the total supply. However, ADA’s price continues to remain stagnant, trading at $0.24, a 42% decline in the past three months.

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Even with the accumulation trend, ADA’s price remains 92% lower than its all-time high of over $3. Cardano’s recent performance in terms of trading volume also lags behind competitors like Solana and XRP, which processed $2.6 billion and $1.5 billion in transactions, respectively, over the same period. This shows that while whale activity is increasing, ADA’s broader market performance remains underwhelming.

Bearish Trend Persists Despite Growing Whale Interest

Despite the uptick in whale holdings, ADA continues to trade below its 50, 100, and 200-day exponential moving averages. This keeps the broader trend bearish, regardless of the accumulation. On Twitter, user gnarleyquinn raised concerns, suggesting that Cardano’s market dominance, which has dropped from 4.5% in 2021 to around 0.3% today, may lead to a decline in the coming years.

The ongoing price struggles show that Cardano has not decoupled from the broader altcoin market. While whales continue to accumulate, ADA’s future price movements remain uncertain. It remains to be seen whether the increasing accumulation will ultimately lead to a change in price dynamics for Cardano.

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Americans Lost $11B to Crypto Scams in 2025, Says FBI

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FBI, Fraud, United States, Crimes, Scams

According to the bureau, a large number of minors aged 17 and younger were included in complaints related to crypto or crypto ATMs, resulting in more than $5 million in losses.

The US Federal Bureau of Investigation (FBI) reported that Americans’ losses from crypto-related scams increased to more than $11 million in 2025.

In its annual internet crime complaint report released on Monday, the FBI said that cryptocurrency and AI-related scams were “among the costliest” for Americans in 2025, with 181,565 complaints totaling more than $11 billion. According to the bureau, it received more than one million complaints in 2025 reporting losses of about $21 million due to cyber-enabled crimes.

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FBI, Fraud, United States, Crimes, Scams
Crypto complaints and financial losses have risen sharply in recent years. Source: FBI

The FBI’s Internet Crime Complaint Center reported that investment scams resulted in the highest percentage of victims reporting losses in crypto as opposed to cash, debit cards, gift cards and other media of exchange. In addition, about 10% of the 13,168 complaints involving cybercrimes targeting minors aged 17 and younger were related to crypto or crypto ATMs, resulting in more than $5 million in losses.

The complaints the FBI received were despite the bureau’s efforts to “identify and notify people who are currently falling victim to cryptocurrency investment fraud” through its Operation Level Up in 2024. Globally, blockchain analytics platform Chainalysis reported in March that illicit addresses received $154 billion in 2025, driven in part by sanctions evasions.

Related: Cambodian lawmakers propose severe prison time for crypto scammers

Scammers use Tron blockchain token to con users using FBI

According to the FBI report, there were 32,424 complaints involved in impersonation of government officials, resulting in about $800 million in losses. However, the report did not mention bureau officials issuing a March notice warning Americans that a token on the Tron blockchain was impersonating the FBI with the goal of obtaining personal information.

Tron users reported receiving a token with the FBI logo claiming that their wallet was “under investigation.” The users were then prompted to enter personal information under the guise of an FBI anti-money-laundering verification to avoid their accounts being frozen.

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Magazine: Are DeFi devs liable for the illegal activity of others on their platforms?