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Veteran Trader Calls Binance 'Global Scam' As Crypto Exchange Allegedly Sells Off Bitcoin To Stay Afloat: 'Watch It All Unravel'
Wednesday, August 23, 2023 - 2:57am | 655Read More...Veteran trader Peter Brandt took to X, formerly known as Twitter, issuing a strong warning about Binance and its native token, Binance Coin (CRYPTO: BNB), amidst growing concerns in the crypto community. What Happened: Brandt, in his tweet, stated, “I have stated for years that CZ and @...
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Komainu Secures Lucrative Dubai License To Offer Custody Services To Crypto
Tuesday, August 22, 2023 - 5:44pm | 328Read More...Komainu, a joint cryptocurrency custody venture involving Nomura (NYSE: NMR), Ledger and CoinShares, has been granted an operating license by Dubai's Virtual Asset Regulatory Authority (VARA). This license enables Komainu to extend its comprehensive custody services, including...
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The Altcoin All-Star: Which Coin Will Make You Richest Before Bitcoin Halving?
Monday, August 21, 2023 - 10:58am | 618Read More...Renowned crypto strategist Michaël van de Poppe recently shed light on the optimal times to invest in altcoins and the potential indicators that signal a market shift. "When do altcoins become a better asset to buy than Bitcoin (CRYPTO: BTC)?" Van de Poppe asked. While many believe...
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Ripple Labs Faces SEC's Appeal Push On Controversial XRP Security Decision
Friday, August 18, 2023 - 4:21pm | 573Read More...In a strategic move, the Securities and Exchange Commission (SEC) on Friday moved to file for an interlocutory appeal, asking for an immediate review of a federal judge’s ruling that XRP (CRYPTO: XRP) isn't a security when sold to the general public. What Happened: The SEC, in its argument,...
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SEI Token's Spectacular 29% Surge Steals Spotlight Amid Bitcoin, Ethereum Dip: What's Going On?
Wednesday, August 16, 2023 - 5:07am | 416Read More...SEI token (SEI), a layer-1 cryptocurrency that has garnered significant attention in the market, has witnessed a 29% surge over the past 24 hours. What Happened: This comes even as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were down 0.69% and 0.85% in the last 24 hours. The surge in...
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Cryptic Messages And $73M In Outflows: Authorities Apprehend, Detain Huobi Execs
Monday, August 7, 2023 - 10:44am | 465Read More...Cryptocurrency exchange Huobi experienced a net outflow surpassing $73.3 million this past week. This development coincides with reports of several of its top executives being detained by authorities in China, The Block reported. By 4:30 p.m. HKT, the exchange registered token outflows amounting to...
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DOJ Considers Charging Binance With Fraud, But Fears Of Run On Exchange Could Lead To Different Outcome
Wednesday, August 2, 2023 - 3:46pm | 547Read More...The U.S. Department of Justice (DOJ) is reportedly contemplating the possibility of bringing fraud charges against the cryptocurrency exchange Binance (CRYPTO: BNB). However, officials are expressing concerns about the potential impact on consumers, Semafor reported, quoting sources familiar with...
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Binance Flourishing In Anti-Crypto China? $90B Transactions Reportedly Recorded In A Month
Wednesday, August 2, 2023 - 3:46am | 506Read More...Binance, the world’s largest cryptocurrency exchange, has reportedly managed to maintain a significant presence in China, even after the country banned cryptocurrency trading in 2021. What Happened: Internal figures obtained by The Wall Street Journal, along with accounts from current...
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Binance's Dubai License A Sign Of Things To Come For Crypto Regulation
Monday, July 31, 2023 - 9:28am | 450Read More...Binance's Dubai subsidiary has received the Operational Minimum Viable Product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA). The license allows the cryptocurrency exchange to offer broker-dealer services in Dubai, initially to institutional and qualified retail...
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Binance's Masterstroke: Zero-Fee Trading On TrueUSD After Record $1B Minting
Wednesday, July 19, 2023 - 3:03pm | 932Read More...Binance Holdings Ltd., the world's largest cryptocurrency exchange in terms of daily trading volume, has faced significant challenges and negative impacts as a result of legal actions initiated by the U.S. Securities and Exchange Commission (SEC). The company has been subjected to legal scrutiny...
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Binance CEO Says An Individual Is 'Constantly Spreading FUD' Because 'We Didn't Invest In His Project'
Tuesday, July 18, 2023 - 2:19am | 572Read More...Changpeng Zhao (CZ), the CEO of Binance, took to Twitter on Monday to address the fear, uncertainty, and doubt (FUD) controversy surrounding the exchange and shed light on the speculated layoffs. What Happened: CZ said that a particular individual continuously spreading FUD about Binance was driven...
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SEC Chair Gensler Has Mixed Feelings About Judge's Ripple Case Verdict: 'Pleased And..Disappointed'
Tuesday, July 18, 2023 - 2:14am | 504Read More...Securities and Exchange Commission (SEC) Chair Gary Gensler expressed a mixed response to a court ruling stating that Ripple Labs’s XRP token is not necessarily a security. What Happened: In an interview with Yahoo Finance, Gensler said, “There's ongoing litigation with a number of...
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3 Months After Network Congestion Plagued Bitcoin Withdrawals, Binance Finally Integrates Lightning Network
Monday, July 17, 2023 - 7:52am | 438Read More...Binance on Sunday said that it is integrating the Bitcoin (CRYPTO: BTC) Lightning Network on its platform for BTC withdrawals and deposits. What Happened: With the new integration, Binance in a post said its users will notice a new option labeled “LIGHTNING” when choosing to withdraw or...
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Binance Cuts Over 1,000 Jobs As Crypto Exchange Faces Regulatory Hurdles
Friday, July 14, 2023 - 2:42pm | 633Read More...Binance, one of the world’s largest cryptocurrency exchanges, has reportedly laid off over 1,000 employees in recent weeks, marking a significant reduction in its global workforce, raising questions about the exchange’s future. The layoffs, which are still ongoing, could result in...
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Ripple's Legal Tussle With SEC Sparks Debate In Crypto Community, Ruling Triggers Rally In SOL, ADA, MATIC
Thursday, July 13, 2023 - 3:45pm | 685Read More...A Thursday court ruling in the Ripple vs. SEC case, which determined that Ripple (CRYPTO: XRP) sales cannot be classified as investment contracts, has sparked a flurry of reactions from the crypto community. Key figures in the industry, including legal representatives, crypto advocates...
















