Binance.US Partners with MoonPay to Enable USDT Transactions on Crypto Platform
Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay to allow users to buy the U.S. dollar-pegged stablecoin Tether (USDT) to use on its platform. The crypto exchange announced on Aug. 22 that USDT was being adopted as the ...
Voyager Digital Granted Court Approval for Cryptocurrency Liquidation and Customer Refunds
Bankrupt cryptocurrency lender Voyager Digital received court approval to begin the liquidation process and pay customers some of their funds in cryptocurrency. Judge Michael Wiles approved Voyager's liquidation proceedings Wednesday, about a month after Binance.US termin ...
Binance CEO Changpeng Zhao Seeks to Reduce Stake in Binance.US
Binance CEO Changpeng Zhao is trying to reduce the number of shares he owns in the American division of the exchange. According to The Information, Zhao has been trying to reduce his ownership stake in Binance.US since last summer, at which time the Securities and Exchang ...
Voyager Digital Begins Liquidation Proceedings After Termination of Binance.US Deal
The termination of its deal with Binance.US has forced bankrupt cryptocurrency lender Voyager Digital to begin liquidation proceedings. Voyager Digital has filed a formal notice of commencement of liquidation proceedings with the U.S. Bankruptcy Court for the Southern Dis ...
Cryptocurrency Phishing Sites Scam Users Out of $4 Million in One Month
ScamSniffer, a platform dedicated to detecting fraudulent activity online, has recently reported that users have lost more than $4 million in just one month as a result of falling prey to cryptocurrency phishing scams. The creators of these malicious sites have been utilizing Google Ads, a contex ...
Binance US Announces Partnership with Unstoppable Domains for Decentralized Domains
The company is partnering with Unstoppable Domains for this. The service will begin in May Domains can be mined on the Polygon blockchain Wallet address can be reduced to two characters Customers at Binance US will soon be able to create d ...
New York Court Approves Sale of Voyager Digital’s Assets to Binance.US
Just as a disclaimer, it's important to note that changing the wording of news articles could be considered plagiarism. However, I can offer a rephrased version that conveys the same information in different words: Following the recent settlement agreement between the Voyager Unsecured Credito ...
Binance.US delists TRON trading pairs citing internal review results
On Wednesday, April 12, the Binance.US crypto exchange announced the delisting of trading pairs involving TRON (TRX). The price of the native token of the Tron network reacted to the news, recording a fall of 4.81% over the past few hours, from $0.0666 to $0.0632.. At ...
Binance US to Delist TRON and SPELL Tokens on April 18
The American branch of Binance, a popular cryptocurrency exchange, has announced that it will delist two assets from its platform, including the Abracadabra SPELL DeFi protocol token and the TRON (TRX) altcoin. The delisting of both assets is scheduled for April 18, with deposits disabled on Apri ...
Binance.US Struggles to Find Banking Partner to Manage Customer Funds
The US arm of Binance, a major cryptocurrency exchange, is facing difficulties in finding a bank to manage its customers' funds, according to the Wall Street Journal. Signature Bank and Silvergate Capital were previously used by Binance.US, but they have stopped working with the exchange. The ...
Voyager at Risk of Losing $100 Million Due to Legal Objections by US Government
According to court documents, Voyager and its creditors may be at risk of losing $100 million if the legal objections raised by the US government are not resolved by April 13. In a lawsuit, Voyager's creditors state that there is clear evidence that they will suffer significant losses if a $1 bil ...
US Authorities Terminate $1 Billion Deal Between Voyager and Binance.US Cryptocurrency Exchange
Following a prolonged period of legal disputes, the US government has successfully halted a $1 billion deal between cryptocurrency lender Voyager, which filed for bankruptcy in July 2022, and the Binance.US cryptocurrency exchange. The decision was made by U.S. District Court Judge Jennifer Reard ...
Judge Rejects US Government Proposal to Delay $1B Deal Between Voyager and Binance.US
In the Southern District of New York, a $1 billion deal between Voyager and Binance.US has been the subject of much legal debate. The US government had originally proposed a hold on the deal, citing concerns that the agreement would indemnify Voyager and its employees from potential tax or securi ...