Binance Launches Junior Accounts with Parental Controls and Spending Limits

Binance will conduct scheduled wallet maintenance on the Ethereum network on February 24, 2026. **Key Details:** - **Start time:** 06:00 UTC - **Duration:** Approximately 1 hour - **Impact:** Ethereum deposits and withdrawals will be paused 5 minutes before maintenance begins - **Status:** User funds remain secure during the maintenance window Users should plan accordingly and avoid scheduling Ethereum transactions during this period. All services will resume once maintenance is complete. [Full announcement details](<https://www.binance.com/en/support/announcement/detail/b75538be7628494293b42353910c3516>)

Binance has published compliance data showing significant progress in reducing sanctions-related exposure: **Key Metrics:** - 96.8% reduction in sanctions-related exposure from January 2024 to July 2025 (from 0.284% to 0.009% of total volume) - 97.3% decrease in direct exposure to four major Iranian exchanges (from $4.19M to $0.11M) - 71,000+ law enforcement requests processed - $131M+ supported in confiscations during 2025 Binance states it outperformed 10 major global exchange peers in managing exposure to Iranian exchanges. The company acknowledges that due to the permissionless nature of public blockchains, reducing exposure to absolute zero is impossible, but emphasizes its focus on monitoring, mitigation, and reporting. Full analysis available at: [Binance Compliance Blog](https://www.binance.com/en/blog/compliance/7645950191660160802)

Binance has issued a security advisory cautioning users against purchasing or using second-hand, ready-to-use accounts. **Key risks identified:** - Security vulnerabilities from shared credentials - Compliance issues with KYC regulations - Potential account takeover threats The exchange emphasizes that pre-owned accounts can expose users to fraud and regulatory problems. Instead, Binance recommends creating fresh accounts through official channels. This warning follows recent security initiatives including: - Launch of the Wallet Security Center for real-time threat detection - Enhanced account takeover defenses - Partnerships to strengthen user protection Read the full advisory: [Binance Security Blog](https://www.binance.com/en/blog/security/2696917460092684395)

Binance has launched the **Ramadan Riddle Rush** as part of its #BinanceWithPurpose initiative celebrating Ramadan 2026. **Key Details:** - Participants can solve 15 crypto-themed riddles across Telegram, WhatsApp, and Discord channels - Prize pool of $25,000 USDT available for successful solvers - Part of a larger campaign offering $750,000 in total rewards through daily challenges The initiative emphasizes the spirit of giving during Ramadan, combining community engagement with educational crypto content. Users can participate through multiple messaging platforms to complete the challenge. [Join the Ramadan Riddle Rush](https://www.binance.com/en/support/announcement/detail/01edce195c8b4fca8a1c8bb805f0f23c)