Binance

Binance’s $4.3 billion settlement with the United States justice department is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency i ...

Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins.In a Nov. 29 notice, Binance said users should withdraw or convert their existing BUSD on the exchange into other a ...

Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, according to the local securities regulator.The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, informing the public that the e ...

Pro-soccer star Cristiano Ronaldo has been hit with a proposed class-action lawsuit from plaintiffs claiming they suffered losses from his promotion of the now-legally embroiled crypto exchange Binance.A Nov. 27 filing to a Florida District Court claimed Ronaldo “promoted, assis ...

Changpeng “CZ” Zhao, the former CEO of major cryptocurrency exchange Binance, will also step down from his position as chair of the board of directors for United States-based exchange Binance.US.In a Nov. 28 X — formerly Twitter — post, Binance.US reminded users the ...

Many predicted that Binance would never embrace regulation — it would only pretend to comply in jurisdictions like the United States. No more. Binance pleading guilty to money laundering and other federal charges on Nov. 21 means it’s giving up its free-booting ways ...

The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes. Hayes delved into the recent $4.3 billion settlement paid ...

The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control customer assets in a similar style to FTX, according to a Nov. 27 report by the Wall Street Journal.In June, the SEC filed a lawsuit against Binance and ...

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's performance comes as the broader cryptocurrency market sentiment deteriorates, thus one needs to analyze whether  ...

The governance token for crypto mixer Tornado Cash (TORN) has fallen by over 50% on Nov. 26-27, according to data from Coingecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token.Tornado Cash 24-hour chart. Source: Coingecko.Tornado Cash is a ...

Last week, the legal drama featuring the world’s largest crypto exchange and United States law enforcement ended with a plea deal. Binance and Changpeng “CZ” Zhao have admitted violating U.S. Anti-Money Laundering laws, agreeing to pay $4.3 billion in fines. CZ resigned as CEO of Binance as part ...

Changpeng “CZ” Zhao, who pleaded guilty to one felony charge as part of a settlement with the United States Department of Justice involving crypto exchange Binance, may not be permitted to leave the country as he awaits sentencing.According to a Nov. 27 filing in U.S. District Court for th ...

Richard Teng, Binance’s former global head of regional markets and now CEO, announced his intention to drive growth at the crypto exchange following Changpeng “CZ” Zhao stepping down.In a Nov. 27 blog post, Teng said he had the support of CZ and Binance’s leadership ...

A recent court filing suggests that Changpeng "CZ" Zhao's legal challenges are just beginning, despite pleading guilty to violating the United States Anti-Money Laundering requirements in a settlement with the Department of Justice. Zhao is expected to be sentenced in February 2024. H ...

Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very different from what is ...

Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United Arab Emirates (UAE) to be with his family while awaiting sentencing following his guilty plea.In a court filing on November 23, Zhao’s lawyers urged the judge to reje ...

Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto exchange in 2017 before resigning on Nov. 21 as part of a settlement with the United States Department ...

Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether's price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improv ...

Social media platform X — formerly Twitter — restricted the account of former Binance CEO Changpeng “CZ” Zhao without explanation other than suggesting “they may have potentially violated the X Rules.”On Nov. 23, X users could briefly view CZ’s acc ...

Amid market uncertainties around Changpeng "CZ" Zhao’s departure as Binance CEO, the in-house cryptocurrency of the FTX crypto exchange, FTX Token (FTT), witnessed a momentary bull run. FTT surged in market value by more than 55% in the past 48 hours and is currently trading at $4.63, ...

Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an "X” (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholders. Over the last 12 months, leaders of major crypto exchanges such as FTX and Bina ...

United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern about his potential flight risk.In a Nov. 22 filing to a Seattle federal court, U.S. prosecutors requested a review and overturn of a judge’s decisio ...

Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim.The settlement involved Binance agreeing to Justice Department and Treasury c ...

Blockchain analytics firm Nansen reported that following a settlement for civil and criminal charges against Binance and CEO Changpeng “CZ” Zhao, outflows from the crypto exchange didn’t result in a “mass exodus of funds.”In a Nov. 22 X post, Nansen said  ...

In a Nov. 22 YouTube video, Cardano founder Charles Hoskinson reflected on the news that Binance CEO Changpeng "CZ" Zhao has stepped down from the exchange. Hoskinson claimed that this event represents “the end of an era.” He argued that entrepreneurs g will need to comply with regula ...

Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with the United States Department of Justice have sent shockwaves through the cryptocurrency world. This development poses a crucial question: Is it a har ...

Fiv years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its peers.That's no mean feat in the cryptocurrency industry, even in 2018, with several well-established exchanges c ...

Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, the new Binance CEO Richard Teng, took to X (formerly Twitter) to attempt to boost investor confidence.Soon after CZ announced he was stepping down ...

The crypto community on social media has greeted the news of the deal between Binance, CZ and the United States Department of Justice (DOJ) mostly positively, hoping it removes one of the last remaining obstacles before the long-awaited approval of a spot Bitcoin ETF.The $4.3 billion settl ...

As crypto exchange Binance and the departure of its CEO Changpeng “CZ” Zhao hit the headlines in the last 24 hours, the digital asset space went into a rollercoaster mode that saw the market liquidate close to $175 million for traders betting on long positions.On Nov. 21, devel ...

The former Binance CEO Changpeng “CZ” Zhao stepped down from his role on Nov. 21 after pleading guilty to not following anti-money laundering laws. He then issued a statement via a messaging platform to the company. CZ's letter began circulating on social media on Nov ...

Binance founder Changpeng “CZ” Zhao will pay a $175 million release bond and agree to return to the United States 14 days before his Feb. 23, 2024 sentencing — possibly allowing him to return to Dubai. In a Nov. 21 bond document filed in a Seattle federal court, Zhao agreed to share with t ...

Binance and its founder Changpeng"CZ" Zhao has admitted to violating United States laws around money laundering and terror financing — agreeing to pay $4.3 billion in fines The Here's what happened.Feb. 15: Binance was under suspicion since 2018Reports emerged th ...

Crypto markets were subjected to a heavy dose of volatility on Nov. 21 as the United States Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC) and U.S. Treasury announced a $4.3-billion settlement with Binance and that former Binance CEO Changpeng Zhao will plead guilty to o ...

Brian Armstrong, CEO of crypto exchange Coinbase, thinks that his company made the right decision to comply with U.S. money transmitter licensing laws.In a Nov. 21 social media post, Armstrong weighed in on the news that rival exchange Binance is pleading guilty to criminal charges, statin ...

Officials with the United States Department of Justice announced that Binance CEO Changpeng "CZ" Zhao will plead guilty to one felony charge as part of a settlement over criminal and civil cases with the exchange.In a Nov. 21 press conference, Attorney General Merrick Garland ann ...

Binance has named its head of regional markets outside of the U.S., Richard Teng, as its new CEO. The change comes as founder and former CEO Changpeng “CZ” Zhao has resigned and plead guilty to charges levied against him by the U.S. Department of Justice.  ...

A federal court has released the indictments against Binance and CEO Changpeng "CZ" Zhao filed under seal on Nov. 14, in which the United States government said it expected the cryptocurrency exchange and CZ to enter guilty pleas. In Nov. 14 filings in U.S. District Court for the West ...

BNB’s (BNB) price breakout to a 5-month high at $271.90 comes as reporting from the Wall Street Journal highlighted the United States Department of Justice’s plan to announce a $4.3 billion dollar settlement with Binance to end its case. WSJ also reported that Binance founder Changpeng “CZ" Zhao ...

Binance founder Changpeng "CZ" Zhao has agreed to step down as CEO of the crypto exchange as the U.S. Department of Justice (DOJ) prepares to announce that it's secured a $4.3 billion settlement with the company.According to The Wall Street Journal, CZ intends to plead guilty to several ch ...

Crypto community members on X (formerly Twitter) have turned their focus onto a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on social media, following reports claiming that the United States Justice Department is negotiating a $4 billion settlement with the compan ...

BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes ...

The US Justice Department is negotiating with Binance in an attempt to resolve its investigation into the company, according to a November 20 report from Bloomberg citing people familiar with the discussions. The agreement would require Binance to pay $4 billion in fines. In return, the company w ...

It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several crypto ...

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-o ...

Binance Labs, the venture capital arm and incubator arm of Binance, said on Nov. 15 that it has invested in Arkham (ARKM), the native token of the “deanonymizing” blockchain platform Arkham.The company said in a blog post on the website that the investment aims to support “on-cha ...

Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading pair on its platform. While Binance CEO Changpeng “CZ” Zhao was absent fr ...

Cryptocurrency exchange Binance is progressing with its exit from Russia and is preparing to terminate local currency deposits next week.Binance will stop accepting deposits in Russian rubles (RUB) starting Nov. 15, 2023, the firm officially announced on Friday. Binance also advised users ...

The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research.Turkish Lira accounted for 75% of all fiat volume in early September despite being the fourth-largest crypto market globally in terms of trans ...

Binance’s dominance of Bitcoin futures open interest has been toppled by traditional derivatives market place heavyweight Chicago Mercantile Exchange (CME), following Bitcoin’s first move past the $37,000 mark in over 18 months.A number of analysts highlighted the ‘flippe ...

A wave of green has washed across the entire crypto market, and it won’t be long before traders on X (the social platform formerly known as Twitter) begin to explain that a new altcoins season has arrived. Altcoin season, or ‘altseason’ as the crypto bros say, typica ...

Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued.In a Nov. 7 court filing the SEC rebuffed Binance’s earlier bid to toss the regulator’s suit sayi ...

Crypto exchange Binance announced the launch of its new Web3 wallet at the Binance Blockchain Week conference in Istanbul, to be made available to all users via the Binance mobile app.During the launch, Changpeng “CZ” Zhao, CEO of Binance, revealed the intent behind launching the service: ...

Ordinals, a BRC-20 token collection minted on the Bitcoin blockchain, have surged by 40.8% in the past 24 hours to $10.19 after listing on crypto exchange Binance.According to Binance's Nov. 7 announcement, traders can now trade Ordinals (ORDI) against Tether (USDT), Bitcoin (BTC), an ...

The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs' access to Coinbase since September at least.  According to a Nov. 7 report from a loca ...

Crypto exchange Binance's market share in spot trading has fallen to 40% in late 2023, compared to 62% a year ago.According to the November 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its market share in the past 12 months. "Binance's spot trading volu ...

The crypto wallets linked to now-defunct crypto exchange FTX and its sister trading firm Alameda Research have sent over $13 million in different altcoins to numerous crypto exchanges early on Nov. 1.According to data from on-chain analysis firm Spotonchain, the FTX wallet first transferre ...

Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it's challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse r ...

Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder cus ...

Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes which knocked Zhao down to 95th p ...

Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel.In an Oct. 26 letter to U.S. Attorney General Merri ...

Bitcoin’s (BTC) price action is the talk of the town this week and based on the current sentiment expressed by market participants on social media, one could almost assume that the long-awaited bull market has started. As Bitcoin's price rallied by 16.1% between Oct. 22 and Oct. ...

Wallets linked to bankrupt crypto firms Alameda Research and FTX transferred over $10 million worth of cryptocurrency to exchange deposit accounts in five hours on October 24-25, according to data from blockchain analytics platform Spot On Chain. The movement of these funds may indicate that the ...

Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts will be unaffected.According to a Binance letter to customers posted online, the Binance card issuer ...

The Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a collective effort to challenge the Binance vs. U.S. SEC lawsuit. The blockchain trade association through the recently filed amicus brief seeks to thwart the ...

Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September. In an Oct. 19 statement, Binance announced that it had signed agreements with new fiat partners for euro pay ...

It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank, Sony and PayPal helped offset some of the pain. The global c ...

Stéphanie Cabossioras has stepped down from her role as the executive director of Binance France, becoming at least the 10th senior executive to leave Binance this year.In an Oct. 19 post on X (formerly known as Twitter), Binance France resident David Prinçay confirmed Caboss ...

Major cryptocurrency exchanges and businesses are being lured to a proverbial crypto oasis around the Persian Gulf, according to Binance FZE’s general manager.Alex Chehade, who heads Binance's local operation in Dubai, tells Cointelegraph reporter Ezra Reguerra that progressive regulatory ...

Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in the U.S. dollar are no longer supported on the platform.Binance.US updated its terms of service on Oct. 16, significantly modifying the section about the “BAM Fiat Wallet,” r ...

Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally binding requirements on its partner Rebuildingsociety.com ...

Binance, one of the largest cryptocurrency exchanges, is expanding its self-transaction prevention (STP) function to prevent unnecessary trading fees associated with unintentional self-trades. The STP functionality will be fully rolled out for all users of spot and margin trading on Binance's platfo ...

After the collapse of FTX, Binance founder CZ Zhao initiated the Industry Recovery Initiative (IRI) with the goal of raising $1 billion to help struggling crypto startups. However, the IRI has faced challenges in deploying its funds and fulfilling its commitments. Despite the ambitious $1 billion ...

The Spartan Group has reportedly deposited 2 million BETA tokens to Binance, totaling 4 million BETA tokens in the last two days. These deposits are part of the Spartan Group's ongoing investment strategy, aimed at capitalizing on the potential growth of the BETA token, which is currently valued at ...

Cryptocurrency-related job opportunities are on the rise, with significant roles available in various countries and industries. Prominent cryptocurrency exchanges like Coinbase and Binance host about half of all crypto jobs, with software engineers at these exchanges potentially earning up to $90 ...

Binance CEO Changpeng Zhao has refuted recent claims suggesting he borrowed $250 million from BAM Management, the entity overseeing Binance.US. This report emerged following an interpretation of court documents related to the ongoing lawsuit between Binance and the United States Securities and Excha ...

Bitcoin's open interest on derivatives exchanges saw a sudden surge of $1 billion on September 18, leading some to speculate that whales were accumulating in anticipation of the unsealing of Binance's court filings. However, a closer look at derivatives metrics suggests a more nuanced picture. Th ...

Binance has announced an update to the maintenance margin ratio for cross-margin loanable assets, effective from September 20, 2023, at 12:00 (UTC). This adjustment will impact the leverage multiple of these assets and automatically update existing fully collateralized leveraged positions in both un ...

Taiwan has become a magnet for cryptocurrency platforms as 52 of them express their strong interest in entering this burgeoning market. This move coincides with the global wave of enthusiasm and investment in cryptocurrencies, and Taiwan is eager to seize the opportunities presented by the thriving ...

In the past week, Monero's cryptocurrency encountered resistance, resulting in a 0.85% decline. Currently, XMR is trading at $142.620, with a 52-week price range of $116 to $188. Monero (XMR) stands out in the world of digital currencies due to its strong emphasis on privacy and anonymity. Using ...

Bold ambitions for a restaurant and private members lounge in San Francisco, linked to non-fungible tokens (NFTs), have been abruptly abandoned. The project, which was under construction in Salesforce Park, was set to feature the "Sho Restaurant" and "Sho Club Sky Lounge." Access to the Sho Club ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Fut ...

"Did Binance Accidentally Facilitate a Scam? $240,000 Sent to Suspected Phishing Address A recent Etherscan transaction, spotlighted by blockchain security firm PeckShield, has revealed that Binance's "Hot Wallet 7" transferred a substantial $240,000 worth of USDC to an address ominously l ...

Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent market uncertainty. The Binance boss blamed negative news, rumors, bank runs, lawsuits, the closing ...

Crypto exchange Binance is refunding users 1 million Tether ($1 million) over its handling of the CyberConnect (CYBER) token incident.As narrated by the exchange on Sept. 7, a price discrepancy on listed CYBER tokens occurred the week prior due to a liquidity crunch constricting CYBER cros ...

Blockchain analytic firm Lookonchain flagged a crypto wallet allegedly belonging to Polygon Foundation that transferred large amounts of Matic tokens on Binance. Polygon Labs founder Sandeep Nailwal refuted the claim and said it was a case of mislabeling and the wallet doesn’t belong to Pol ...

The world’s leading crypto exchange by trading volume Binance has seen the departure of 10 key executives from various departments in the first nine months of 2023. While executive departures from a company are a norm based on their preset contractual obligations, the number of executives l ...

Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.According to a Sept. 6 announcement, users affected by the Xirtam rug pull can receive their money by connecting their wallets to Etherscan, passing a verific ...

In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano Ronaldo teased his future NFT plans during a lie detector test. Check out why a law professor believes the metaverse should be ta ...

Gleb Kostarev, Binance's head of Eastern Europe and Russia, took to Facebook on Sept. 6 to announce its departure from Binance.In his Russian-language announcement, Kostarev said that today marks the last day of his long-running work at Binance, adding:“I am stepping down a ...

In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman explores the drivers that point to Bitcoin heading to $22,000, with investor sentiment worsening after Grayscale Investment’s much-hyped legal victory against the United States Securities and Exchange Commissi ...

Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate.Stake confirmed that all services resumed at 9:28pm UTC time on Sept. 4 — ...

A Bitcoin (BTC) price correction down to $22,000 is becoming increasingly likely as BTC derivatives have begun to exhibit bearish tendencies.The price chart of Bitcoin leaves little doubt that investor sentiment worsened after the much-hyped victory by Grayscale Asset Manager aga ...

Soccer legend Cristiano Ronaldo went through a lie detector test to answer various questions about soccer and teased his plans to release more nonfungible token (NFT) collections in the future. The lie detector test video was done as the soccer star released his second NFT collection ...

Cryptocurrency exchange Binance continues to lose some of its key executives amid increasing scrutiny of the platform from regulators around the world.Binance head of product Mayur Kamat has confirmed he is leaving the crypto exchange after nearly two years.“It is time for me to ste ...

Binance CEO Changpeng “CZ” Zhao predicts that decentralized finance (DeFi) has the potential to surpass centralized finance (CeFi) in the next bull run.In an Sept 1 live X Spaces (formerly Twitter Spaces), titled CZ AMA, CZ stated his predictions for the future of DeF ...

Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country. “There are lots of very smart people in the government wor ...

The Chicago Mercantile Exchange (CME) introduced its Bitcoin (BTC) futures contract in December 2017. This was around the same time that BTC had reached an all-time high of $19,800, but by late 2018 the price had dropped to $3,100. Investors in cryptocurrencies quickly learned that CME derivative ...

Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans to wind down support for BUSD. In an Aug. 31 statement from Binance, the crypto exchange confirmed prior speculation that it will gra ...

The winner of a new art competition hosted by Binance will see their design featured on the helmet of the racing driver Pierre Gasly from the Alpine Formula One team during the Abu Dhabi Grand Prix, slated for Nov. 26, 2023.Crypto exchange Binance announced a helmet design competition to s ...

Crypto analysts on X (the social media platform formerly known as Twitter) and YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges.On Aug. 29, the quantity of Bitcoin (BTC) held within exchanges saw a decline, reaching its lowest point sinc ...

Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region.On Aug. 30, Binance said it's working with licensed transfer processing providers for its new “Send Cash” product that all ...

The legal team representing the United States Securities and Exchange Commission (SEC) in its civil case against Binance is requesting the court grant a motion to allow documents filed under seal.In an Aug. 28 filing in U.S. District Court for the District of Columbia, the SEC petitioned a ...

The world's largest crypto exchange Binance has removed Banco de Venezuela as a payment method on its peer-to-peer (P2P) trading service. This follows similar moves with sanctioned Russian banks last week, and is likely part of efforts to fall in line with international financial sanctions. ...

Binance Lightning Network Surge in Growth, Becomes 14th Largest Node Recently, prominent Chinese reporter Colin Wu shared some noteworthy developments concerning Binance’s involvement in the Bitcoin Lightning Network. In the tweet, Wu cited info ...

Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service Binance has cut ties with five sanctioned Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles - the country’s native currency ...

CryptoQuant Research Head Weighs in On Possibility of Binance Bank Run, Citing On-chain Data CryptoQuant Head of Research Moreno has provided data addressing concerns of a bank run on Binance amid growing allegations surrounding the exchange. Am ...

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 ...

It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange remaining under widespread regulato ...

Payment operator Checkout has ended its partnership with Binance. The reason for the termination was "regulatory reports and sanctions," Forbes writes. Binance disagrees with Checkout and intends to challenge the decision in court. British credit card ...

The platform will cease operations on August 16. The decision was made due to "changing market and user needs," a company spokesperson said. The service had been operating since March 2022. Cryptocurrency exchange Binance has announced the shutdown of ...

Binance has asked a court for a protective order against the United States Securities and Exchange Commission, accusing the regulator of undertaking a “fishing expedition” with its discovery requests.In an Aug. 14 court filing, Binance argued while it’s worked in good fai ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The DeFi ecosystem is yet to recover from the crisis brought on by the Curve Finance hack, and even tho ...

Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are eithe ...

Over 15 widely-used crypto wallet providers and projects have gaping vulnerabilities that could potentially see millions of crypto wallets drained, according to digital asset infrastructure firm Fireblocks.In an Aug. 9 press release, Fireblocks said the series of vulnerabilities, dubbed Bi ...

In the most recent episode of The Market Report, analyst and writer Marcel Pechman delves into the topic of crypto exchange Binance’s proof-of-reserves. This report reveals a significant decline in USD Coin (USDC) balances, plummeting from $3.4 billion on March 1 to a mere $23.9 million by May 1. ...

In early August, sources leaked word that officials with the United State Department of Justice were considering fraud charges aimed at Binance, the world’s largest cryptocurrency exchange. However, they indicated, officials are worried that it could cause a run on the market akin to the November ...

Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador.In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank had approved the exchange’s application for a Bitcoin Services Provider license ...

Coinbase CEO Brian Armstrong’s comments to a question about the USD Coin (USDC) stablecoin during the company’s second-quarter earning calls raised some eyebrows. While commenting on the market cap of USDC, Armstrong quipped that Binance moved some of its funds from USDC i ...

Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside.BTC/USD 1-hour chart. Source: TradingViewBTC price analysis “expects” support retestData from Cointelegraph Markets Pro and TradingView showe ...

Binance CEO Changpeng 'CZ' Zhao warned his followers on X about a tricky and increasingly popular scam targeting the crypto community, in which fake wallet addresses are used to defraud users during transactions.The scheme generates addresses with the same starting and ending characters as ...

The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers.According to an Aug. 2 Semafor report citing people familiar with the matter, Justice Department officials are concerned about a ...

Major cryptocurrency exchange Binance has announced the launch of a Japan-based arm roughly two years after receiving a warning from the country’s financial regulator.In an Aug. 1 announcement, Binance said local crypto exchange Sakura Exchange Bitcoin has launched as Binance Japan i ...

Binance CEO Changpeng “CZ” Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants.Speaking in a July 31, ask me anything (AMA) session on Twitter, CZ cited risks associated with ...

The United States Securities and Exchange Commission (SEC) and Binance have submitted responses regarding the entity “Eeon,” which has sought to intervene on behalf of customers in the SEC’s case against the crypto exchange.According to the U.S. District Court for the District of Columbia, ...

The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao and the firm’s structuring.According to a July 28 report from The Wall Street Journal, BaFin advise ...

Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared in did not promote the named securities.In a July 24 filing, Butler&rsq ...

Cryptocurrency exchange KuCoin has shut down rumors suggesting it was preparing to lay off 30% of its workforce — a figure that amounts to approximately 300 staff — in the coming weeks. “We want to clarify that KuCoin has not initiated any alleged layoff plans,” a K ...

Crypto exchange Binance and its CEO, Changpeng “CZ” Zhao, are planning to file a motion asking a court to dismiss a lawsuit from the United States commodities regulator.In a July 24 filing to an Illinois District Court, multiple Binance entities, Zhao and former Chief Compliance Officer Sa ...

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, ...

The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says.Cryptocurrency analytics platform CCData released a report on July 20 saying the stablecoin market cap fell 0.82% from the start of ...

Multiple pieces of data point to the Bitcoin price falling below $29,000 in the short term. Yes, you read that right. Let’s investigate the main issues contributing to the current downside in the Bitcoin price.Bitcoin (BTC) encountered difficulties breaking above $31,800 ...

Global cryptocurrency exchange Binance reportedly cut back on certain benefits to its employees in June amid reevaluation efforts at the firm.According to a July 17 report from The Wall Street Journal, Binance said it had stopped offering reimbursement to employees for certain expenses inc ...

Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits.The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use the layer-2 scalin ...

Despite facing regulatory scrutiny in the United States, crypto firms continue to innovate, with nearly half of all capital investments flowing towards U.S. crypto businesses, according to a recent report.Published by crypto investment firm Galaxy Digital on July 14, the report stated that ...

A third-party entity called Eeon has intervened in the lawsuit filed by the United States Securities and Exchange Commission (SEC) against crypto exchange Binance.As stated in the filing with the United States District Court for the District of Columbia, Eeon claims that the SEC and attorn ...

Binance is celebrating its sixth anniversary, with over 1,000 people reportedly laid off in recent weeks, The Wall Street Journal reported.According to former employees, cuts were global and customer-service workers were heavily affected, particularly in India. Including this week's layoff ...

Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary. Within the letter, Zhao highlighted some of the company’s ...

Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn't a definitive victory for the industry.In a landmark ruling on July 13, Ju ...

The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new blocks if certain conditions are met.In a July 12 statement from BNB Chain, the “ZhangHeng&rdquo ...

Bitcoin (BTC) is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch. On July 9, a swathe of crypto users began noticing a widening price discrepancy between cryptocurrencies listed ...

Bitcoin, Coinbase, Binance and more are all fighting for their lives as the United States Securities and Exchange Commission does everything in its power to eradicate the current cryptocurrency system in the United States and replace it with one it deems more “fair” to the Amer ...

Bitcoin’s price gave back some of its recent gains this week, but multiple data points suggest that $30,000 should hold as support going forward.Bitcoin (BTC) remained within a narrow 4.3% range for the 15 days leading up to July 7. Despite the proximity of the $29,895 to $31,165 rang ...

Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top compliance executives in the United States have handed in their resignations.On July 6, Patrick Hillmann tweeted: "I am leaving [Binance], but I’m doing so on ...

Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market.Speaking in a July 5, “ask me anything” session on Twitter, CZ covered the potential entry of BlackRock into the crypto market, gave an update on regulatory action against the exchange, and his t ...

Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data ...

United States-based cryptocurrency exchange Binance.US has reportedly seen its market share drop more than 20% amid a lawsuit from federal financial regulators.According to a July 5 report from Reuters citing data from Kaiko, the market share of Binance.US in the U.S. dropped from more tha ...

Lurking in the shadiest corners of the dark web is a “well-established” ecosystem of hackers that target cryptocurrency users with poor “security hygiene,” according to Binance’s chief security officer.Speaking to Cointelegraph, Binance CSO Jimmy Su said in re ...

Billionaire entrepreneur Mark Cuban has again locked horns with former securities official John Reed Stark, this time over who was ultimately to blame for FTX’s collapse and the impact on creditors. During a heated back-and-forth exchange, Cuban argued had the United States Securitie ...

Despite recent narratives suggesting differently, the United States won't be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science.A swathe of hostile regulatory actions leveled at crypto firms in the United States in recent months has led ...

Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist privacy coins for users in a number of European countries.As a result of the move, users in Italy, Poland, Spain and France will be permitted to continue trading tokens i ...

Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn ...

June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange and its leadership.In a nutshell, over the past 30 days, the Belgian financial regulator ordered Binance to ce ...

Here’s what happened in crypto today. South Korea passes crypto bill to tackle unfair tradingThe South Korean government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill.Chairman K ...

Imagine your daily commute to work, uninterrupted by traffic lights or stop signs, allowing you to sail smoothly. Suddenly, a new red stop sign disrupts your route, turning a main intersection into a four-way stop overnight. That evening, a letter from local law enforcement shocks you with a heft ...

The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Sui Foundation knocked back the claim in a five-part Twitter thread on June 27, stating tha ...

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.During a panel at the Australian Blockchain Week on June 26, Sophie Gilder, managing director o ...

In the middle of the night, Binance Australia’s team was suddenly told it would be “cut off” from Australia’s banking system. There was no prior warning, consultation or redress, the exchange’s regional manager Ben Rose has claimed.On May 18, Binance Australian announced its dollar service ...

The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the crypto exchange.Speaking to Cointelegraph, Binance Dubai general manager Alex Chehade said the UAE is a prime destination for crypto businesses ...

The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services. In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not ...

U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.The reportedly independent subsidiary of crypto exchange Binance told customers in a June 22 update that its sy ...

Lawyers representing United States-based crypto exchange Binance.US, global exchange Binance Holdings Limited and Binance CEO Changpeng "CZ” Zhao have filed a motion alleging the U.S. Securities and Exchange Commission (SEC) misled the public in statements issued over an ongoing securities ...

The United Kingdom-registered address for an entity of one of the world’s largest crypto exchanges, Binance, is nothing but a tiny building in Britain’s east that is shared by thousands of other companies. On June 19, a post on the r/buttcoin subreddit showed the so-called &ldq ...

Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold or have traded cryptocurrencies over the last year, a new study has found.In an Australian investor study from the Australian Securities Exchange ...

Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, whic ...

In an interview with Bloomberg, ARK Invest CEO and chief investment officer Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the Securities and Exchange Commission (SEC) sued Binance, one of Coinbase&rsq ...

Once again, the United States Securities and Exchange Commission (SEC) became the week’s headliner. Its intention to freeze the entirety of Binance.US’s assets got a reality check from U.S. district court Judge Amy Berman Jackson, who advised the regulator and the crypto exchange to negotiate a d ...

After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months.The dismissal of Binance.US's tempo ...

The cryptocurrency total market capitalization fell to $1.02 trillion on June 15, its lowest level in three months. But while the derivatives market's resilience and end-of-week price gains amid uncertainty in stablecoins' reserves provides hope for bulls, it might be too soon to celebrate.Cr ...

Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as Binance Nigeria Limited. On Sunday, June 18, Zhao took to Twitter to make the announcement. On June 9, the Nigerian Securities and Exchange ...

Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission (SEC) was successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, mak ...

Blockchain investigator ZachXBT has received over $1 million in donations in slightly more 24 hours from the crypto community to pay for his legal fees in a defamation lawsuit.ZachXBT, known for his investigative work in the blockchain and cryptocurrency industry, has become embroiled in a ...

The dollar-pegged Binance USD (BUSD) stablecoin sits now at the fourth position in market capitalization among other stablecoins following a dip of over $1 billion in the past 30 days, data from CoinMarketCap shows.As of writing, BUSD market cap stands at $4.30 billion, down 29% from $5.54 ...

United States Judge Amy Berman Jackson approved on June 17 an agreement between Binance.US, Binance, and the Securities and Exchange Commission (SEC), dismissing a previous temporary restraining order (TRO) that would freeze all Binance.US assets. Judge Jackson said on June 14 she wou ...

Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit access to customer funds exclusively to Binance.US employees.According to reports, the proposed agreement, pending approval from the overseeing fed ...

A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter.This en ...

Bitcoin (BTC) headed toward a “crucial area” after the June 16 Wall Street open as a recovery from three-month lows continued.BTC/USD 1-hour chartBitcoin reinforces rebound from multi-month lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $2 ...

Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense.In a spirited, back-and-forth exchange on Twitter w ...

Crypto exchange Binance announced the launch of new subscription-based could mining products dedicated to Bitcoin (BTC) mining. Starting June 15, users that are interested in Bitcoin mining but lack the equipment can subscribe to Binance’s cloud mining services and purchase hashrates ...

The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges as clients.According to a June 15 report from the Financial Times, which cited three ...

The price of Bitcoin (BTC) has fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed announcement amidanother turbulent week for the crypto industry. Within the span of 30 minutes on June 15, the price of Bitcoin fell 4% from $25,867 to $24,819 accord ...

Binance appears to be preparing to exit Cyprus. The Cyprus Securities and Exchange Commission has marked Binance Cyprus Limited as “Under examination for application for deregistration” on its website. Previously, the cryptocurrency exchange received Class 3 registration a ...

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, the SEC accuses Binance and its founder, Changpeng “CZ” Zhao, of participating in a c ...

Amid the panic over lawsuits against major cryptocurrency exchanges, one Bitcoin (BTC) advocate argued that the BTC market is much bigger than the one tracked by exchanges.The total Bitcoin market is not limited to Binance, Coinbase or any other crypto exchange, Jan3 CEO Samson Mow told Co ...

Binance.US and the United States Securities and Exchange Commission have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets.On June 14, Bloomberg reported that U.S. District Judge Amy Berman Jackson referred the two organizations to a mag ...

Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its BNB (BNB) token.The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitc ...

The United States Securities and Exchange Commission (SEC) and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some of the restrictions from a previous SEC request to freeze the company’s assets. The proposed new consent order would offer ...

Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business.In a June 12 filing, Binance.US slammed the SEC’s emerge ...

United States-based crypto exchange Binance.US has reportedly hired a former enforcement official for the U.S. Securities and Exchange Commission (SEC) as part of the legal team to defend itself against allegations of operating as an unregistered securities exchange.According to a June 12 ...

A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11.This time, the move wasn’t driven by Bitcoin ...

While data suggests that crypto assets have been flowing out of centralized exchanges at an accelerated pace over the last week, Binance CEO Changpeng Zhao argues it may not be as bad as it appears. Leading analytics platforms such as Nansen and DefiLlama have all measured increased e ...

Altcoin prices crumbled after the United States Securities and Exchange Commission announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as ...

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase.As compared to daily averages, new users in the region increased by 43% from June 6 to 9, with Brazil and Argentina leading ...

It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange illegal, just days after Binance was sued by the U.S. Securities and Exchange Commission. "Binance Nigeria Limited is hereby directed to immediately s ...

The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt establish ...

Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance ...

After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance and Coinbase.A total of 13 charges have been filed against Binance. One of the allegations in the suit claims that fu ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The United States Securities and Exchange Commission’s (SEC) lawsuits against two leading centralized c ...

The United States Securities and Exchange Commission (SEC) is seeking "alternative service” from the U.S. district court in Washington, D.C. to issue a legal summons to Changpeng Zhao, the CEO of cryptocurrency exchange Binance.Zhao and Binance were recently sued by the SEC over ...

Kevin O’Leary said the Securities and Exchange Commission levied some “serious” allegations in the 136-page charging document the agency issued against Binance on June 5, telling Cointelegraph in an interview that he believes founder and CEO Changpeng Zhao is in a “tough&r ...

The crypto industry faced more scrutiny from regulators in the United States this past week, as the U.S. Securities and Exchange Commission served both Coinbase and Binance.US with lawsuits regarding their operations. Amid the accusations from regulatory officials, the members of the ...

ARK Invest CEO Cathie Wood doesn’t appear to have been swayed by recent crypto regulatory action, after buying another $19.9 million shares of Block Inc. right after buying $21 million of shares in Coinbase.Wood’s latest buying spree comes despite the United States Securities C ...

Credit ratings agency Moody’s has downgraded its rating of Coinbase from “stable” to “negative” following the SEC’s legal action against the crypto exchange for allegedly operating as an unregistered securities broker.In a June 8 statement, Moody’s ...

Binance.US has announced the suspension of United States dollar deposits and has notified its customers of an incoming pause to fiat (USD) withdrawal channels as early as June 13.On June 9, Binance.US announced that it was forced to take action amid “extremely aggressive and intimida ...

Bitcoin’s price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. Both exchanges are b ...

Binance may have misled lawmakers in the United States about its business dealings and relationship with its local unit in a letter sent in March, Bloomberg reported on June 8. In a letter sent to United States Attorney General Merrick Garland, Senators Elizabeth Warren and Chris ...

Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.The case of SEC v Coinbase will be heard by District Court Judge Jennifer H. Rea ...

Trading volumes on centralized exchanges have fallen to their lowest levels in more than four years amid mounting regulatory pressure from United States regulators and lawmakers.According to a June 7 report from crypto analytics firm CCData, combined spot and derivatives trading volume in ...

Messari CEO Ryan Selkis has praised a newly proposed Republican crypto bill, commenting it is a “10x improvement” on all other crypto bills introduced to the United States Congress so far.The “Digital Asset Market Structure” (DAMS) bill, introduced on June 1, propos ...

United States Securities and Commission Chair Gary Gensler once offered to serve as an adviser to Binance, lawyers representing the crypto exchange and its founder Changpeng Zhao have alleged.According to a June 7 CNBC report, documents filed by the SEC on June 7 indicated attorneys from&n ...

The United States District Court in Washington, D.C. issued a summons for Binance CEO Changpeng Zhao on June 7, just two days after the Securities and Exchange Commission (SEC) formally sued the exchange for alleged unregistered securities operations. "A lawsuit has been fil ...

Former Binance.US CEO Catherine Coley, who is transparently known as “BAM CEO A” in the suit against Binance filed by the United States Securities and Exchange Commission (SEC) on June 5, has kept a low profile since her departure. However, she provided testimony to the SEC in 2022 wh ...

Binance.US removed trading services for several crypto tokens on June 7. The move follows a lawsuit filed earlier this week by the United States Securities and Exchange Commission against Binance entities and thei leadership. “After careful consideration, Binance.US will remove s ...

Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance and Coinbase, but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day ...

In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States Securities and Exchange Commission lawsuit against the Binance exchange.Most likely, the U.S. population will be barred from using the international version of Binance, a ...

The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their alleged use of sister firms to move funds. Speaking to Bloomberg on June 6, the U.S. Securities and Exchange Commission chair Gary G ...

Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security.The comment caught the attention of Udi Wertheimer, a Bitcoin Ordinals developer ...

A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator's lawsuits against crypto exchanges Coinbase and Binance.One such token is Good Gensler (GENSLR) whic ...

The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator. Armstrong’s net worth was slashed by $289 million and Zhao’s by $1.33 billion within a span of 30 hours after the S ...

The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator's recent legal actions against cryptocurrency exchanges Coinbase and Binance.According to aggregated data fro ...

Crypto exchange Binance.US has attempted to quell possible unrest from its users following a motion from the United States securities regulator seeking to freeze its assets “on an expedited basis.”In a June 6 tweet, Binance.US reiterated that “user assets remain safe and ...

On June 6, Ethereum's native token, Ether (ETH), rose nearly 2.25% to around $1,825, compared to its June 5 low at $1,775. The bounce appeared synchronously with a similar move elsewhere in the crypto market. Interestingly, the move accompanied the U.S. Securities and Exchange Commission's ...

The SEC’s latest complaint against Binance could point to why former Binance.US CEO Brian Brooks chose to step down in August 2021, only three months after his appointment.According to a June 5 tweet from cryptocurrency lawyer James Murphy — known on Twitter as MetaLawMan &mdas ...

Right as analysts thought that Bitcoin (BTC) was on the cusp of showing signs of a price breakout, the crypto market took a turn to the downside after the SEC presented charges against Binance exchange. This has led some analysts to believe that the BTC price bottom is not yet in. Bit ...

Just over six months after FTX’s dramatic collapse, the crypto industry can finally begin analyzing the effects of the debacle. The quick ripple effect to other crypto businesses drained liquidity from the industry and prolonged the crypto winter, with Silvergate Bank, BlockFi and Genesis Global ...

Crypto exchange Binance has announced the winner of its metaverse-based Web3 reality show, “Build the Block.” As a part of the show, startups competed against each other to win an investment from Binance Labs.In an announcement sent to Cointelegraph, Binance said that zkPass,&n ...

Binance users in Australia now have a narrowed pool of options to purchase cryptocurrencies amid the ongoing global debanking of crypto businesses. Since 5:00 pm local time on June 1, fiat on-ramps and off-ramps by bank transfers have been halted in Australia. The suspension includes trading for ...

Crypto reporter Wu Blockchain says the world's largest cryptocurrency exchange intends to cut a fifth of its full-time staff in June. Wu Blockchain assures that the fact of staff reduction was confirmed by the people who received the relevant notice of dismissal. Binan ...

The world's largest cryptocurrency exchange notified users in France, Italy, Poland, and Spain about the delisting of privacy tokens on national exchange trading platforms. A Binance spokesperson said the restrictions are imposed on 12 privacy tokens: Decred (DCR), Dash (DA ...

The CEO of Binance has expressed support for the possible Republican presidential candidate of the U.S. for his intention to oppose any form of cryptocurrency prohibition. Speaking at an open internet event on Twitter Ask Me Anything on Wednesday, May 31, CEO of major cry ...

The Ontario Securities Commission (OSC) is investigating the cryptocurrency exchange Binance even after it left the Canadian market. The regulator is trying to get some documents and data from the platform. In mid-May, Binance said ...

They are demanding the company turn over a number of documents And plan to bring in third parties The OSC, Canada's chief watchdog, is investigating Binance. More precisely, they continued to do so despite the fact that the cryptocurrency exchange left the local ...

Cryptocurrency exchange Bybit announced its departure from the Canadian market. The reason, as in the case of Binance, was the new regulations in the country. Already today, May 31 Bybit exchange will cease to register new users from Canada. Existing users will not be ...

It's Binance, Bitfinex, OKX, Coinbase and Kraken At the same time, ethers began to actively leave U.S. exchanges Experts believe other cryptocurrencies will soon begin to leave the U.S. According to a Kaiko report, 72% of ETH liquidity is concentrated ...

Changpeng Zhao, CEO of cryptocurrency exchange Binance, said that the company is unlikely to buy any bank to solve problems with cryptocurrency firms' access to banking services. During the Bankless podcast, Changpeng Zhao responded to a question from a Twitter user under ...

The platform will implement a program to block crypto-assets at the request of authorities Previously, 5 local crypto-exchanges introduced the mechanism South Korea is strengthening controls over digital assets The South Korean National Police Agency ...

Largest cryptocurrency exchange added a lending function on its marketplace secured by non-exchangeable tokens. At the moment, only ether is bailed out by NFT. Right now users of the cryptocurrency exchange can use digital assets from such collections as Bored Ape Yacht C ...

Binance, the largest cryptocurrency exchange, announced that it will launch a new cryptocurrency trading platform in Japan this summer that will meet local regulatory requirements. Exchange executives explained that as part of Binance Japan's launch, the international platf ...

Binance was the first to make this decision They are waiting for clarity amid rumors of Multichain team arrest Binance has suspended deposits for 10 assets on the Multichain network. This comes after news of massive glitches in the protocol. ...

This is to meet regulatory requirements The user migration is expected to take place tentatively in August The global platform will be closed to local customers on November 30 The company expects to complete the "migration" by December 1 B ...

Group Gulf Binance, which combines the world's largest cryptocurrency exchange and the company Gulf Innova, announced that it has successfully received a license of digital asset operator from the Ministry of Finance of Thailand. The crypto exchange plans to begin operati ...

The world's largest cryptocurrency exchange Binance announced that it, along with Tether, Circle, and other unnamed companies, is going to expand support for stablcoins. "To improve user security, Binance has reached out to other market players, including ...

Binance, the largest cryptocurrency exchange, announced the imminent shutdown of 11 trading pairs with the Australian dollar. Access to trading pairs will be disabled on June 1. Spot trading will cease at 6am UTC for ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ...

Director of Fantom Foundation announced that the fund has temporarily withdrawn from liquidity pools on SushiSwap due to security concerns with the Multichain Bridge. Andre Cronje stated that "if something negative does happen, it will affect USDC, DAI and wBTC issued in ...

Binance's top executive announced that the exchange's customers and partners have increased their use of Binance Pay for money transfers, payments for goods and services. According to Pakning Luk, head of regional business development at Binance, the payment division of t ...

Cryptocurrency exchange Binance said that at the request of U.S. authorities froze crypto-assets worth $4.4 million associated with organizations from North Korea. Binance Investigations worked with U.S. law enforcement to thwart the "illegal revenue-generating activities ...

The Binance exchange reported a temporary suspension of deposits for ten Multichain bridge token networks amid uncertainty about the project's future. On Thursday, May 25, the largest cryptocurrency exchange tweeted a notice of temporary deposit blocking for POLS-BSC, ACH-B ...

Only Ethereum is accepted against NFT at this time The lending rate is 7.91% p.a. The Binance cryptocurrency exchange is launching an NFT lending feature on its trading floor. Users will now be able to obtain cryptocurrencies using NFT as collateral. Currently ...

This is the coordinated work of the police and Binance Investigations The funds belonged to hackers from North Korea We recently wrote that the U.S. Treasury Department discovered and froze Binance cryptocurrencies linked to hackers from North Korea. Now the case ...

Changpeng Zhao, CEO of cryptocurrency exchange Binance, said that after China Central Television CCTV broadcast a story about cryptocurrency, "all of China is literally buzzing." "CCTV just aired a story on cryptocurrency.. It's meaningful.. Chinese-speaki ...

Fraudsters use AI-created dipfakes to bypass KYC (know your customer) checks on cryptocurrency exchanges, including Binance. This was reported by the head of security of the largest trading platform. Jimmy Su admits that with each ...

Binance, the largest cryptocurrency exchange, announced that 21 trading pairs will be shut down on May 26. The shutdown will begin on May 26 at 03:00 UTC and will affect six trading pairs. At 05:00, 8 more trading pairs will be disabled, and at 06:00 the remaining 7 trading ...

As reported by Reuters, the cryptocurrency exchange Binance in 2020 and 2021 did not keep separate records of corporate and customer balances in violation of U.S. financial rules. Reuters, citing unnamed sources close to the Binance exchange, reported that the cryptocurrenc ...

This video is visually indistinguishable from real CZ In addition, the AI has learned to perform voice instructions to verify The technology is becoming a real security threat The chief security officer of Binance revealed a dipfake video about his di ...

A user of the dating app Tinder failed to prove in court the involvement of the cryptocurrency exchange Binance in creating favorable conditions for the theft of funds. Divya Gadasalli fell victim to a fraudster in 2022 and lost nearly $8 million on investments in questio ...

They plan to open a representative office in the region And hire a staff of 100 people Krypto-exchange OKX has applied in France to become a digital asset service provider (DASP). The documents will be reviewed by the Autorité des Marchés Financiers and the Au ...

Today, May 22, 2023, marks the 13th anniversary of Bitcoin Pizza Day. This event is believed to mark the beginning of the use of bitcoin as a means of payment. Laszlo Hanyecz, a computer programmer from Florida, was the first bitcoin user 13 years ago  who risked using th ...

Cryptocurrency mixer Tornado Cash suffered a serious attack - an unknown person gained full control over the protocol and has already started withdrawing TORN tokens. An analyst at investment firm Paradigm, using the Twitter pseudonym samczsun, reported that on May 20, so ...

Operator Latam Gateway, working with the largest cryptocurrency exchange Binance in Brazil, was licensed by the local central bank as an electronic money issuer and payment provider. Latam Gateway acts as an intermediary for foreign companies in the country, ensuring the ...

Analysts at the CryptoQuant platform report that bitcoin sales by mining companies have led to a decline in the market value of the first cryptocurrency. Over the past 24 hours, miners sold about 1,750 BTC from their wallets at one time for about $47 million, which, accor ...

The exchange likes regulation "by engaging." Coinbase is integrating a local payment network into its platform Cryptocurrency exchange Coinbase said it likes cryptocurrency regulations in Canada. The exchange is currently in conflict with the SEC because the U ...

He plans to shed meme tokens on these exchanges San said Binance is not the best place to trade such coins CEO Huobi and Tron founder Justin Sun said he plans to rebuild and revive cryptocurrency exchanges Huobi and Poloniex. To do so, he will list meme tokens on ...

Canadian psychologist Jordan Peterson called BTC the only alternative to money in a world dominated by central bank digital currencies and suggested storing IQ test information in a Bitcoin blockchain. Jordan Peterson, a well-known Canadian psychologist and political comm ...

This is the first offline event from Binance since the war began It was attended by regulators, the National Police and cyber experts The company taught how to combat cryptocurrency crimes The Binance crypto exchange held training seminars for regulat ...

Cryptocurrency exchange Kraken announced the listing of a new popular token called PEPE, inspired by the iconic Internet character Pepe the Frog. "PEPE's hype token meme has been launched on the Etherium blockchain in April 2023. It quickly gained popularity among cryp ...

Indian cryptocurrency exchange WazirX said that Binance controls 580 million WRX tokens and also retains all profits from the initial exchange offer (IEO). "Binance is responsible for the quarterly burning of WRX tokens. The last WRX burn - th ...

European cryptocurrency investment platform Bitpanda is going to invest $10 million to create a special division for developments in the field of artificial intelligence. Bitpanda said that investing into artificial intelligence is the "natural next step" in the company's ...

The Indian exchange has issued a new statement It claims that Binance has full control of the WRX turnover and is responsible for the burning Anciently there was a heated fight between the companies Binance insists it has no links with WazirX ...

The growth of commissions in the Bitcoin network on the background of the unexpected popularity of Ordinals and BRC-20 tokens, as some analysts predicted, quickly stopped and indicators have almost returned to normal. The average transaction fee per transaction fell to $3 ...

The exchange called its exit "precautionary." The company also blamed new regulations Binance promises to continue cooperating with regulators Close positions until September 30, 2023 The world's largest cryptocurrency exchange, Binance, a ...

Binance, the largest cryptocurrency exchange, said it is joining other prominent cryptocurrency firms and "proactively" withdrawing from the Canadian market. This is due to the regulatory environment in the country. Representatives ...

New bank problems failed to push cryptocurrencies to rally seven days ago. But this week's negative news took the market down. Bitcoin In the week of May 5-12, the price of bitcoin dropped more than 10%, fallin ...

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 ...

U.S. Internal Revenue Service (IRS) Criminal Investigations Division and Ukrainian investigators began cooperating with Chainalysis analytical firm to track Russians evading sanctions with the help of cryptocurrencies. The IRS promised to sponsor the access of Ukrainian i ...

The largest cryptocurrency exchange notified users that community criticism helped cut the processing time for requests to withdraw ether from staking threefold, from fifteen days to five days. The new rules are set to go into effect next Thursday, May 18, starting at 8:0 ...

The businessman spoke about the future diversification of the cryptocurrency market on the YouTube channel Empire and said that he sees an opportunity for all participants to find their place under the sun. Justin Sun admitted that he bought the cryptocurrency exchange Hu ...

Chief strategy officer of the largest cryptocurrency exchange Binance said that the oppression of cryptocurrencies in the U.S. has become "very difficult to do business" UK also causes concern. U.S. actions "have been very confusing over the last six months," Patrick Hill ...

But the cryptocurrency has maintained its lead Look at detailed analytics from CCData The spot trading volume on Binance has fallen for the second straight month, according to CCData. In April, it decreased by 48%. This is the second lowest level since March 2021 ...

Patrick Hillmann criticizes confusing regulatory rules But believes it won't always stay that way The exchange is banking on British oversight for now Binance chief strategist Patrick Hillmann criticized the US regulatory framework at the Financial Ti ...

The largest cryptocurrency exchange announced that instead of delisting, it will put cryptoassets in the "innovation zone" to give such assets a second chance. According to Binance's announcement, on Wednesday, May 10, the trading floor will move 18 crypto assets into the ...

UK Finance Ministry shuts down gathering of views on cryptocurrency regulations Some major counterparties including a16z, Binance and Circle responded Government warns against repeating US mistakes and calls for "broader thinking" Late last month, Apr ...

The Sui Sui (SUI) on May 8 made a bearish break of the long-term horizontal area, but then it found ground beneath its feet and now it tries to take revenge The Sui project has been the focus of increased attention in the crypto market lately. Sui Network is a high-performance Layer1 blockchai ...

The cryptocurrency exchange Binance announced today, May 9 that it will add support for Bitcoin Ordinals on the firm's NFT Marketplace. According to the press release, this will happen at the end of this month. Recall, the Ordinals protocol was launched in January of this year. It allows users ...

Transaction fees in the Bitcoin blockchain on Monday, May 8, exceeded $10,000 in some cases, with block 788762 setting the record for the day with a fee of $15834. The average commission per block on May 8 is, according to Bits.media's own service, ...

The Binance cryptocurrency exchange has suspended bitcoin withdrawals for the second time in a few hours due to network overload. To solve the problem, the exchange had to increase the withdrawal fee. On May 8, the Binance team warned users on Twitter that the exchange t ...

Regulator investigates possible sanctions violation by Russia The DOJ will check whether Russians gained illegal access to the exchange The United States Department of Justice has launched an investigation against the cryptocurrency exchange Binance. The agenc ...

Boomberg cited its own sources as saying that the U.S. Department of Justice is checking to see if Russian citizens have used the Binance exchange to circumvent sanctions. The investigation is being conducted by the National Security Division of the U.S. Department of Jus ...

This comes after Binance announced the listing of the token Since April 14, PEPE has grown by 4000% And in the last 24 hours it has grown by almost 100% It now ranks 42nd on coinmarketcap The Pepe memcoin has grown by 85% in the last 24 ho ...

The management of the cryptocurrency exchange Binance commented on a recent article by Reuters news agency about the Israeli authorities blocking 190 accounts of the exchange with ties to terrorists. Reuters recently published an article citing a document by Israel's Nation ...

November collapse of FTX Group led to changes in the share and degree of influence of cryptocurrency exchanges in the digital assets market. Coingecko experts ranked the largest crypto-exchanges by their share in trading volumes. C ...

First quarter of the year, exchanges increased trading But after the recent downturn, they dropped And almost twice as much as in March Centralized crypto exchanges recorded a drop in trading volumes in April.  Data provider Kaiko reports ...

This is due to sanctions from the United States Some customers have had their accounts blocked without explanation The world's largest cryptocurrency exchange Binance has blocked thousands of customer accounts from Iran. This is done because of U.S. sanctions. ...

According to analysts of The Block, the trading volume on the spot cryptocurrency market collapsed by 65% in April of this year. Experts attribute the incident to the introduction of commissions on the Binance exchange. Total tradi ...

Sui Explorer was also unveiled The company announced the launch on the night of April 20 Sui tokens will be traded on major exchanges including Binance, OKX, Bybit and Kucoin https://help.twitter.com/en/twitter-for-w ...

In less than a month, net outflows from Coinbase and Binance were about $700 million But DEX is seeing net inflows With liquid-staking outperforming decentralized protocols in TVL Dune Analytics reported net ETH outflows on Coinbase and Binance since ...

The world's largest cryptocurrency exchange Binance officially announced: someone is using artificial intelligence to conduct a disinformation campaign against the trading platform and its leader. According to Patrick Hillmann, the exchange's chief strategy officer, a ...

CEO of Binance held another AMA session at Spaces He touched on several important topics, which you will find a summary of in this article Binance CEO Changpeng Zhao held another AMA session yesterday, May 1. Among other things, the CEO of the exchange spoke a ...

They have suspended hiring for new jobs And plan to implement AI replacements within 5 years Robots can perform back-office tasks IBM CEO Arvind Krishna announced a halt in hiring for a number of jobs. In the next few years, they plan to fill them wit ...

May 1, 115 million TUSD were transferred from Justin Sun's accounts to the Binance pool Zhao immediately warned a "colleague" that he would not allow him to participate in the Sui Launchpool San claims that the funds were used without his knowledge To ...

Binance, the largest cryptocurrency exchange in the world, is all set to commence operations in Japan under the name Binance Japan from June 2023. This development comes after Binance acquired Sakura Exchange BitCoin (SEBC) in November of last year. At present, SEBC of ...

The payment system is already working with cryptocurrency exchanges Mastercard is enthusiastic about blockchain technology Payment giant Mastercard said it plans to expand its cryptocurrency card program. To do this, the company will look for new partners among c ...

The CEO of Binance, a popular cryptocurrency exchange, has pushed back against media reports that claim he has a net worth exceeding $28 billion. Changpeng Zhao, the CEO, called the reports inaccurate, insisting that he doesn't have that much money. Bloomberg, however, has listed Zhao as one o ...

GM! Binance returns to Russia, memcoins flourish on the market, and LUNA is not recognized as a security, Binance bursts into a liquid stacking with a native token, KuCoin users had $22 thousand stolen. phishing, and 4 billion Trust Wallet wallets at risk. We're also in the midst of a memcoin tre ...

Binance.US, a subsidiary of Binance created to cater to US customers, reportedly maintains a significant technology workforce in China, as per sources cited by Bloomberg. However, the connection to China could potentially raise regulatory concerns for the company, as noted by the same source. ...

A recent court ruling has put a stop to all cryptocurrency-related activities on major platforms, such as Binance, Crypto.com, Bitstamp, and Kraken. The decision was made in response to a request from the liquidator of the defunct cryptocurrency platform Globix, who sought to freeze all digital a ...

Binance, the largest cryptocurrency exchange, has unveiled its latest offering, the Sensei chat bot, powered by ChatGPT's artificial intelligence technology. This innovative bot is designed to promote cryptocurrencies via the Binance education platform and provides users with answers to any quest ...

Changpeng Zhao, the CEO of Binance, has proposed a solution to combat bots on Twitter using a special cryptocurrency commission. He suggested implementing the option for users to pay $0.x per comment made by those they don't follow. According to Zhao, this will make it too expensive for bots t ...

As per reports from the local media, Binance, a cryptocurrency exchange, is under investigation by the Brazilian Federal Police and the Federal Prosecutor's Office. The investigation was initiated after the Securities and Exchange Commission (CVM) informed the Attorney General of Sao Paulo State ...

As per Voyager's recent announcement, an agreement has been reached between the Unsecured Creditors Committee, the US government, and Binance, which will allow the US division of Binance to proceed with its acquisition of Voyager. The Voyager Digital Unsecured Creditors Committee has informed its ...

As per a report by the consulting firm RTM Group, the number of legal cases associated with cryptocurrencies surged in Russia in 2022, reaching 1758, indicating an increase of almost 15%. RTM Group analysts highlighted that in the previous year, there were 1531 court decisions linked to digital a ...

A new report from cryptanalytics platform IntoTheBlock says that by the start of the week, Ethereum holders had applied to withdraw 868,631 ETH worth more than $1.8 billion from staking. Approximately 63% of the ethers pending the completion of the withdrawal operation pr ...

Binance, the largest cryptocurrency exchange in terms of trading volume, recently made an announcement regarding the withdrawal of four crypto assets, namely SHIB, FXS, TWT, and 1INCH from its "innovation zone". Starting April 18, these assets will be fully accessible to users. The reason behi ...

Shortly after the successful update of the Shapella Ethereum network, the value of Ether, the second largest cryptocurrency by market capitalization, surged to $2,100, bringing it back to its May 2022 position. Experts monitoring the network growth rate have stated that Ether is currently leading ...

Binance, the well-known cryptocurrency exchange, has exciting news for traders. On Friday, April 14 at 11:00 Moscow time, Binance will introduce a new trading pair, ARB/RUB. This announcement comes after the Arbitrum Foundation declared the release of the ARB token in March, followed by Binance's ...

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, a popular cryptocurrency exchange, has revealed that they will be removing three tokens from their list of available assets from April 18 due to a lack of verification. These tokens include QLC, NEBL, and AUTO. Binance has specified that the delisted trading pairs are QLC/BTC, NEBL/USDT, ...

As the crypto industry continues to mature, the impact of market volatility and regulatory pressures is becoming more evident. According to a recent report by Forbes magazine, crypto billionaires worldwide lost approximately $110 billion in 2022, with some experiencing losses of up to 75% of thei ...

KBS, a South Korean broadcaster, reported on the attempts of the Republican prosecutor's office to seize profits earned by businessmen in the Terra (Luna) ecosystem at Terrafarm Labs. Journalists revealed that Do Kwon and his assistants owned a massive sum of 415.5 billion South Korean won, equiv ...

Bloomberg's investigation has unearthed some interesting information regarding Binance, the world's largest crypto exchange, and its VIP clients. The US Commodity Futures Trading Commission (CFTC) has accused Binance of not registering in the US and violating federal laws governing commodity mark ...

As per a report by Coindesk, Binance, the largest cryptocurrency exchange, has declined to purchase the shares owned by Justin Sun, the founder of Tron, in the Huobi exchange. The decision to reject Sun's offer was reportedly due to Huobi's association with mainland China, although it is unclear ...

Based on data from CCData, centralized cryptocurrency exchanges experienced a surge in trading volumes last month, with a total of $3.81 trillion traded. This marks the highest trading volume since September of 2022. The spot market saw trading volumes of $1.04 trillion, an increase of 10.8% in M ...

Bloomberg reports that the Dubai Virtual Assets Regulatory Authority (VARA) has taken steps to tighten the requirements for crypto companies seeking to operate in the emirate. VARA has requested additional information from Binance, a crypto exchange that already holds a license to operate in Duba ...

The market for tokens linked to the price of gold has reached a total capitalization of $1.02 billion. PAX Gold and Tether Gold are the two dominant players in this market, accounting for 99% of the tokenized gold capitalization. These tokens provide a stablecoin option but are not pegged to f ...

The authorities in the countries in the place of the former USSR have a complex attitude towards the legislative regulation of cryptocurrencies. A complete ban may alternate with extreme openness to blockchain transactions. The authoritie ...

An unidentified individual had managed to penetrate Allbridge's bridge and extracted digital assets worth $573,000. However, the perpetrator was willing to give back the majority of the funds to the initiative. The developers received 1,500 BNB (approximately $465,000) from an anonymous donor, wh ...

The CEO of Binance, the largest cryptocurrency exchange, has denied rumors of receiving a notification from international law enforcement agencies and has urged the community not to panic. The rumors began when a Twitter user under the pseudonym Cobie posted a message encoded with SHA-256 cryptog ...

Canadian cryptocurrency firms, including WonderFi, Coinsquare, and CoinSmart, have come together to create one of the world's most prominent digital asset trading platforms. The companies' joint statement revealed that the merger would consolidate about 2 million customers under a single brand, w ...

Kaiko, the digital asset data provider, recently reported that Binance's spot market share has significantly decreased over the past week. Despite starting the year off strong and becoming the market leader with over 70% share by the end of 2022, Binance was unable to maintain its position for lo ...

The US Commodity Futures Trading Commission (CFTC) recently filed a lawsuit against Binance, a popular cryptocurrency exchange, and its founder, Changpeng Zhao. In a new development, another lawsuit has emerged, this time in the amount of $1 billion. Filed by law firms Moscowitz and Boies Schi ...

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently addressed concerns about the need for additional legislation regarding cryptocurrencies. According to Gensler, the existing securities laws already cover much of the activity that occurs in cryptocurrency markets. He ...

According to journalists from the Financial Times, Binance, the world's largest crypto exchange, allegedly concealed its close relationship with China for several years. The report suggests that Binance's top executives instructed employees to hide their connections and presence in China, contrad ...

The Northern District of Illinois has recently seen a lawsuit brought against Binance by the Commodity Futures Trading Commission, alleging a lack of registration and potential violations of US commodity market laws. The CFTC has specifically targeted Binance's CEO, Changpeng Zhao, as well as the ...

Following the announcement of the US Commodity Futures Trading Commission (CFTC) indictment against Binance, the largest cryptocurrency exchange, users began withdrawing funds from their accounts, with a total of over $1 billion in cryptocurrency being withdrawn. The CFTC alleged that Binance was ...

On March 27, the Commodity Futures Trading Commission (CFTC) made allegations against Binance, a popular cryptocurrency exchange, for not being registered in the United States and for violating federal laws that regulate commodity markets. Binance CEO, Changpeng Zhao, has swiftly responded to the ...

Binance, a leading cryptocurrency exchange, has made an exciting announcement regarding its plans to establish a new hub in Georgia. The main goal of this new center will be to attract talent within the blockchain technology field, while also promoting education and public initiatives related to ...

According to reports by CNBC, some employees and volunteers at Binance, the largest crypto exchange, are providing advice to users from China on how to bypass the “know your customer” (KYC) procedure and remain anonymous. These individuals, known as "angels," shared methods such as forging bank d ...

According to data from the Coinglass analytical platform, traders lost a staggering $259.8 million in just a single day due to the fluctuation in cryptocurrency rates. On March 22, the value of bitcoin rose to nearly $29,000, but after the US Federal Reserve System (FRS) announced an increase in ...

Binance, a popular cryptocurrency exchange, recently made changes to its fee structure for Bitcoin trading pairs. Previously, Binance had offered a nine-month promotion that eliminated all commissions for Bitcoin spot trading, which experts say helped the exchange increase its market share signif ...

TUSD stablecoin trading volume has doubled after major cryptocurrency exchanges, including the Binance exchange, introduced zero commissions for trading TUSD in pairs with leading cryptocurrencies. According to CoinGecko, the supply of the token was $970 million on Februa ...

Amidst an ongoing investigation by law enforcement into FTX and its subsidiary, Alameda Research, someone has made a hefty withdrawal of 69.64 million USDT stablecoins and 75.94 million USDC from affiliated wallets. According to the Lookonchain service, funds from three wallets linked to bankrupt ...

According to sources at Blockworks, it has been reported that Binance Capital is looking to acquire CoinDesk by leveraging the platform of CoinMarketCap. Representatives from CoinMarketCap, acting on behalf of Binance Capital, have reached out to the CoinDesk news site to initiate talks about a p ...

The U.S. arm of cryptocurrency exchange Binance has been prohibited by U.S. authorities from selling the assets of bankrupt crypto lender Voyager until major legal objections have been addressed. The Southern District of New York Attorney, Damian Williams, has stated that the approval of the deal ...

Binance, a leading cryptocurrency exchange, has shared that its service partner, Skrill Limited, will soon discontinue providing services in pounds sterling to the platform. Binance has already ceased accepting new users who wish to open an exchange account with deposits in pounds sterling. Ac ...

Binance, the largest cryptocurrency exchange in the world, has recently prohibited users from the Russian Federation, as well as anyone located in Russia, from engaging in buying and selling USD and EUR through their P2P service. This decision is a result of the tenth round of EU sanctions. Conve ...

Binance has issued a response to an article published by Forbes, which alleged that the exchange had misappropriated $1.8 billion of customer collateral. “When you are the world’s largest crypto exchange in a virtually unregulated market, you can change the rules of the game as you see ...

Binance's move to eliminate trading fees for bitcoin trading, along with the collapse of FTX exchange, has allowed the crypto giant to capture almost 100% of the market share. Binance has steadily increased its presence and trading volumes since 2018, with its market share at 45% at the start of 202 ...

On Monday, February 20th, the world's largest crypto exchange made an announcement regarding the delisting of three tokens from its platform - Anchor Protocol (ANC), Mirror Protocol (MIR), and Aion (AION). The news caused a rapid decline in the value of these cryptocurrencies. Binance stated that th ...

The US SEC and a financial regulator in New York have launched investigations against Paxos, the operator of BUSD stablecoin which is owned by Binance exchange. It is unclear whether the attack is solely directed towards Binance or whether other stablecoin issuers could be targeted next. Recently, t ...

A member of the Dogecoin Foundation's board, known on Twitter as Mishaboar, has expressed concerns over the recent conflict surrounding Paxos and Binance USD (BUSD) stablecoin. Mishaboar stated that Binance CEO Changpeng Zhao attempted to downplay BUSD's significance in the exchange's ecosystem, des ...

Novotel Bahrain Al Dana Resort создал новый прецедент в Королевстве Бахрейн, став первым отелем, принимающим биткоины в качестве оплаты за свои услуги. В сотрудничестве с Eazy Financial Services, компанией онлайн-платежей, отель установил специальные терминалы на своих входах для облегчения платежей ...

The Binance cryptocurrency card is now available in Brazil, allowing residents to integrate traditional financial services with the global cryptocurrency ecosystem. The debit card, which is a joint project between Binance, the largest cryptocurrency exchange, and Mastercard, the international paymen ...

Debit banking Binance Card of the largest crypto exchange is issued with the aim of integrating traditional financial services with the global cryptocurrency ecosystem, according to the Brazilian regulator. Partners announced the launch of a joint project of the largest crypto exchange Binance an ...

  As the Binance NFT Marketplace officially announces the changes in fees associated with the issuance of NFTs. In order to be eligible to create a new collection of tokens, the user must complete the mandatory identity verification, and his account on the Binance NFT platform must have at l ...