Binance

Binance CEO Changpeng Zhao, popularly known as "CZ," took to Twitter on Thursday to share that after a mere four hours of sleep, he awoke to some troubling events affecting the cryptocurrency world. What Happened: CZ said a "Silicon Valley Bank" is having issues, the...

A day after Silvergate Capital (NYSE: SI) revealed its decision to close down the bank and liquidate its assets, causing concerns of a contagion to loom over the FTX (CRYPTO: FTT) catastrophe, several cryptocurrency companies have sought to reassure the community of their financial stability....

Binance reportedly sought to hire former Goldman Sachs executive Gary Gensler as an adviser prior to his appointment as Chairman of the Securities and Exchange Commission (SEC). What Happened: According to a Wall Street Journal report based on internal messages and documents from 2018 and 2019, the...

Binance CEO Changpeng Zhao has reiterated the company's support for the Voyager deal, despite objections raised by the U.S. Securities and Exchange Commission (SEC). The SEC opposed the acquisition of Voyager Digital by BinanceUS, which was entered into in December. However, US Bankruptcy Judge...

Gaming token Troy (CRYPTO: TROY) surged 50% in the last 24 hours, bucking the downward trend of the overall crypto market.  What Happened: The rise in TROY’s price comes after Binance on Friday said that it completed the BEP20 Integration of TROY, with deposits and withdrawals now open....

A group of bipartisan senators has accused Binance, the world's largest cryptocurrency exchange, of enabling "illegal financial activity" and avoiding regulatory measures in a letter addressed to the company's CEO Changpeng "CZ" Zhao and Binance.US President and CEO...

Brian Armstrong, the co-founder, and CEO of Coinbase Global Inc (NASDAQ: COIN), the largest cryptocurrency exchange in the U.S., has spoken out about the regulatory crackdown on the crypto industry, reiterating that the exchange's staking product should not be classified as a security...

Cryptocurrency exchange Binance’s NFT marketplace launched on Wednesday a product called Bicasso, which uses artificial intelligence to turn users' prompts into NFTs. “You can turn your creative visions into NFTs with AI. Give it a try and show me what you make with it,”...

France is set to impose tougher registration rules on cryptocurrency firms as of January 2024, according to a proposal passed today (Tuesday) by the National Assembly. What Happened: The new rules will require additional measures on internal controls, cybersecurity and conflicts of...

Good Morning Everyone! Elon Musk recruits team to develop OpenAI rival to fight ‘Woke AI’. Will it be called TruthGPT? Prices as of 4 pm EST, 2/27/23; % YTD MARKET UPDATE Hot European Inflation Data / No-Landing France CPI +7.2% in February Spain CPI +6.1% in February German 2-...

Cryptocurrency exchange Coinbase (NASDAQ: COIN) on Monday announced that it will suspend trading of stablecoin Binance USD (CRYPTO: BUSD) on March 13 this year, due to non-compliance with the platform's listing requirements. The decision was made following a recent review of assets listed on...

Decentralized finance protocol Platypus Finance (CRYPTO: PTP), which runs on Avalanche (CRYPTO: AVAX), has confirmed that two individuals suspected of hacking their system have been arrested by the French National Police. The suspects were traced with the help of a "KYC-verified...

Two major crypto exchanges still allow customers of sanctioned Russian banks to transact on their platforms, according to a report from digital asset data analytics firm Inca Digital. The report found that Huobi and KuCoin enable people to trade crypto using debit cards issued by sanctioned Russian...

Days after Platypus suffered major exploitation resulting in a loss of $9.1 million from three separate attacks, the decentralized-finance (DeFi) protocol announced a minimum of 63% of the funds would be distributed to users, regardless of any further update on fund recovery. What...

Australia's securities regulator, the Australian Securities and Investments Commission (ASIC), has initiated a "targeted review" of Binance, the world's largest cryptocurrency exchange.  What Happened: The review focuses on Binance's local derivatives business, including...