-
Gensler Slams Crypto Exchanges, Accuses Them Of Commingling Customer Funds In Wake Of SEC Lawsuits
Tuesday, June 6, 2023 - 10:27am | 400Read More...The SEC launched a double-edged attack on cryptocurrency giants Coinbase Global Inc (NASDAQ:COIN) and Binance this week, accusing both entities of violating securities rules and engaging in deceptive practices. SEC Chair Gary Gensler doubled down on the allegations in a Tuesday interview with CNBC...
-
Binance Is In The Hot Seat
Tuesday, June 6, 2023 - 9:44am | 2289Read More...Delinquencies spiked in May on mortgage bonds tied to offices. Vacancy rates on office space across the U.S. has hit a record +16%. LA is at +30% vacancy for downtown office space. Yikes. Market Prices as of 4 pm EST, 6/5/23 Macro Gary Gensler and the SEC are coming after Changpeng Zhao...
-
After Binance, SEC Accuses Coinbase Of 'Acting As Unregistered Broker' In Lawsuit
Tuesday, June 6, 2023 - 8:49am | 484Read More...A day after the Securities and Exchange Commission accused Binance (CRYPTO: BNB) of deceptive tactics, conflicts of interest and evasion of law, the regulatory watchdog sued Coinbase Global Inc. (NASDAQ: COIN) in federal court in New York on Tuesday, alleging that it broke...
-
Cardano, Solana, Binance Token Among $115B Worth Crypto Now Labeled By SEC As Unregistered Securities
Tuesday, June 6, 2023 - 6:36am | 561Read More...The Securities and Exchange Commission (SEC) filed a lawsuit against Binance Holdings Ltd. on Monday, citing 12 coins as unregistered securities. What Happened: The SEC lawsuit cites several altcoins, as securities under its purview. When added to other tokens like XRP, separately...
-
Jim Cramer Labels Binance A 'Sham' Amid SEC Lawsuit, Says Crypto Investors Now Have To 'Work In Overdrive'
Tuesday, June 6, 2023 - 5:50am | 507Read More...Jim Cramer, host of CNBC’s Mad Money, reiterated the caution he had previously expressed about the crypto market including Bitcoin (CRYPTO: BTC), which he considers a “strange animal.” What Happened: According to Cramer, the SEC’s case shines a light on the systemic issues...
-
Binance Takes Biggest Hit As $300M In Crypto Positions Liquidated In A Single Day
Tuesday, June 6, 2023 - 2:06am | 294Read More...Traders suffered huge losses on Monday when the cryptocurrency market tumbled following the Securities and Exchange Commission’s (SEC) lawsuit against Binance. What Happened: The exchange giant, which is accused of violating securities laws, saw a sharp decline in trading volume. ...
-
Jack Dorsey Says 'Steady Lads,' Dogecoin Co-Creator Posts 'It's Over' After SEC Sues Binance — How Crypto Twitter Reacted
Tuesday, June 6, 2023 - 12:46am | 462Read More...Following the Securities and Exchange Commission’s (SEC) Monday charges against Binance and its founder Changpeng Zhao for alleged securities violations, well-known figures within the cryptocurrency community have taken to Twitter to respond. What Happened: Former Twitter CEO Jack Dorsey...
-
Ethereum Co-Founder Transfers Coins Worth $41M To This Exchange Amid Binance-SEC Lawsuit
Monday, June 5, 2023 - 11:41pm | 309Read More...Jeffrey Wilcke, one of the co-founders of Ethereum (CRYPTO: ETH), reportedly transferred a whopping 22,000 ETH, worth a staggering $41.1 million, to an address on the Kraken exchange. What Happened: This came hours after the Securities and Exchange Commission (SEC) had filed charges against Binance...
-
SEC Lawsuit Against Binance Sends Bitcoin, Ethereum And BNB On A Roller Coaster Ride: Which One Will Prevail?
Monday, June 5, 2023 - 2:30pm | 637Read More...In the aftermath of the Securities and Exchange Commission's (SEC) lawsuit against Binance and its founder Changpeng Zhao, the cryptocurrency market experienced a significant downturn, with Bitcoin (CRYPTO: BTC) recording a drop of approximately 4%, Ethereum (CRYPTO: ETH) declining by...
-
SEC Accuses Binance, Changpeng Zhao Of Deceptive Tactics, Conflicts Of Interest And Evasion Of Law
Monday, June 5, 2023 - 12:05pm | 991Read More...Crypto exchange Binance and its founder Changpeng Zhao are being sued by the U.S. Securities and Exchange Commission for allegedly engaging in an extensive web of deception, conflicts of interest, lack of disclosure and calculated evasion of the law. The SEC filed 13 charges against...
-
The Hidden Puppeteer: Binance's Alleged Covert Control Over Binance.US Accounts Draws Scrutiny
Monday, June 5, 2023 - 10:13am | 717Read More...High-ranking Binance executive Guangying Chen, a trusted ally of Binance CEO Changpeng Zhao, was the principal controller of five bank accounts associated with the supposedly autonomous U.S. subsidiary of the colossal crypto exchange, Binance.US, according to disclosed bank records. Among these...
-
Changpeng Zhao's Possible Successor At Binance Emerges — Who Is Richard Teng?
Monday, June 5, 2023 - 1:20am | 368Read More...Richard Teng, a 52-year-old civil servant-turned-crypto executive who is currently the head of all regional markets outside the United States for Binance is reportedly a possible heir to Binance’s embattled CEO, Changpeng “CZ” Zhao. What Happened: CZ is currently facing mounting...
-
Binance Stumbles As Zero-Fee BTC Trading Halts, Market Share Plunges
Friday, June 2, 2023 - 4:40pm | 380Read More...New data released indicates a decline in Binance's (CRYPTO: BNB) share in the cryptocurrency market, a situation that correlates with the discontinuation of its zero-fee Bitcoin (CRYPTO: BNB) trading offer. The report released by CCData in mid-May shows the trading platform's...
-
The Most Recent Announcement From Binance Confirms The Launch Of The NFT Loan Feature
Wednesday, May 31, 2023 - 3:17pm | 258Read More...Leading marketplace Binance is launching an innovative function called Binance NFT Loan that enables owners of digital assets to utilize their NFTs as collateral to get ETH loans. With the help of this new service, users will be able to borrow cryptocurrency using their blue-chip NFTs,...
-
Binance Shuts Down Privacy Coins: Is This The End Of Cryptocurrency Anonymity?
Wednesday, May 31, 2023 - 2:30pm | 375Read More...Cryptocurrency exchange Binance (CRYPTO: BNB) will suspend the trading of privacy-focused cryptocurrencies. The firm's decision is in response to the demands of financial institutions and regulatory bodies in France, Poland, and Italy. Among the affected tokens: Decred (CRYPTO: DCR), Dash...
















