Binance announced that from January to July 2024, it safeguarded over 1.2 million users by preventing more than $2.4 billion in potential losses from scams and fraud through its advanced monitoring systems. The platform's AI-powered risk engine, combined with manual reviews, effectively identified and flagged suspicious activities.

According to the Wall Street Journal, crypto executives are adapting their growth strategies as the U.S. market becomes a challenging terrain due to increased regulatory scrutiny. This shift is exemplified by major players like Ryze Labs, Ripple Labs, and Zodia Markets, who are now setting their sights on opportunities beyond American borders.