Binance

Binance.US' proposed $1-billion purchase of beleaguered cryptocurrency platform Voyager Digital Ltd (OTC: VYGVF) is facing a limited objection from the U.S. Securities and Exchange Commission.  What Happened: The SEC said that the Changpeng Zhao-led company’s purchase...

FTX founder Sam Bankman-Fried has requested that the identities of two people who will help secure his bail remain confidential. In a letter filed by his lawyers on Tuesday, it was argued that "if the two remaining sureties are publicly identified, they will likely be subjected to probing...

Amid an extended crypto winter, some 44,444 Bitcoin (CRYPTO: BTC) have been taken off exchanges in the last month, according to statistics from Coinglass. That's a staggering $745 million. Investors continue to express concern about the reeling crypto market, which was made worse by the FTX (...

Cryptocurrency companies have been publishing audits, or so-called proof-of-reserve reports, to gain investor confidence on the heels of the FTX collapse. But the U.S. Securities and Exchange Commission (SEC) says investors should take those reports with a grain of salt. “Investors should not...

Non-fungible token (NFT) marketplace OpenSea has started to delist Cuban artists and users in order to comply with U.S. sanctions. "Our terms of service explicitly prohibit sanctioned individuals, individuals in sanctioned jurisdictions, or services from using OpenSea," a spokesperson for...

OKX, the world’s second-largest crypto exchange by trading volumes, has released its second proof-of-reserves (PoR) report to prove that it has enough assets to handle customer withdrawals. As of Tuesday at 12:00 UTC, OKX's wallets had 113,754 Bitcoin (CRYPTO: BTC), worth $1.87 billion,...

The crypto winter will go on for a long time and more stringent regulations are expected in the future, following the failure of FTX. That's according to former Binance CFO Zhou Wei, who left the firm last year. "Basically, we have to all brace ourselves for a pretty long winter in the...

Defunct cryptocurrency exchange FTX (CRYPTO: FTT) used its own exchange token, FTT, to pay for the acquisition of the tracking website Blockfolio in 2020. Around 94% of the $84 million deal was paid for with the FTT tokens that FTX created, according to financial documents, Bloomberg reported...

Australia-based cryptocurrency exchange Swyftx has been compelled to renege on a planned 1.5 billion Australian dollar ($1 billion) merger deal with superannuation fund platform Superhero, The Australian Financial Review reported on Tuesday. The transaction was first disclosed in June by both...

The new management team at FTX is attempting to recover hundreds of millions of dollars in cash from hundreds of bank accounts in an effort to salvage the position of the defunct cryptocurrency exchange, according to information provided to creditors on Tuesday The company's new management,...

In an apparent bid to expand its footprint across Asia, cryptocurrency exchange Binance (CRYPTO: BNB) has completed the acquisition of the Indonesian exchange Tokocrypto. Following the resignation of Pang Xue Kai, the exchange's co-founder, Binance revealed that it had acquired a controlling...

Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, has consented to his extradition to the U.S. where federal prosecutors have charged him with eight fraud and conspiracy charges. Jerone Roberts, who is representing Bankman-Fried in the Bahamas, announced that his client “has...

Bankrupt cryptocurrency exchange FTX (CRYPTO: FTT) plans to utilize legal means to recoup all payments and political contributions made by its affiliated companies and former employees, including former CEO Sam Bankman-Fried. FTX had already “been approached by a number of recipients of...

In an unexpected decision following reports over the weekend that FTX founder Sam Bankman-Fried will turn himself into U.S. custody, Bahamian magistrate Shaka Serville has ordered that Bankman-Fried be sent back to a Bahamian correctional facility. The decision came after Bankman-Fried’s...

Joseph Edmund (Jo) Johnson, the brother of former U.K. Prime Minister Boris Johnson, quit his advising position with a Binance subsidiary firm, according to The Telegraph, The March 2018 debut of the payment technology business Bifinity, which was created by Binance, included Jo...