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Binance's Changpeng Zhao Refused UAE Trip By Judge Despite Offering $4.5B Equity As Guarantee
Thursday, January 25, 2024 - 12:32am | 445Read More...Changpeng Zhao, the founder of cryptocurrency exchange Binance, faced a refusal from a federal judge last month to travel to the United Arab Emirates, despite offering a $4.5 billion equity as a guarantee for his return to the United States, reveals a new filing. What Happened: This equity value is...
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Crypto Trader Turns $300 Into $1M After Musk Changes His Profile Bio To 'Chief Troll Officer'
Wednesday, January 17, 2024 - 8:07am | 744Read More...A trader reportedly transformed $300 into a staggering $1.03 million within just ten days. What Happened: This financial feat was connected to Tesla CEO Elon Musk’s X (formerly Twitter) shenanigans, where his profile change hinted at investment opportunities for the savvy trader. According to...
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Indian Users Face Binance Website Blockage After Government Non-Compliance Warning
Friday, January 12, 2024 - 4:32pm | 462Read More...Cryptocurrency exchange Binance website is currently blocked for users in India, following a government warning regarding non-complinace of rules and regulations. What Happened: Binance confirmed that it is aware of the IP block impacting the Indian iOS App Store and the Binance...
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SEC's Hacked Tweet On Bitcoin ETFs Causes Massive Trader Losses, Over $220M Liquidated
Wednesday, January 10, 2024 - 9:34am | 425Read More...The hacked tweet from the SEC announcing fake Bitcoin (CRYPTO: BTC) ETF approvals sent the market soaring on Tuesday, only to plummet minutes later when reality set in, resulting in a financial wipeout for thousands of traders. Over $220 million got liquidated in the resulting chaos...
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Apple Boots Binance, Others From App Store in India After Government Crack Down
Wednesday, January 10, 2024 - 3:38am | 498Read More...This story was first published on the Benzinga India portal. Apple Inc (NASDAQ: AAPL) has reportedly removed global cryptocurrency exchanges like Binance, Kucoin, and OKX from its Indian App Store, following a warning from India's finance ministry to nine digital...
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Dogecoin Rival Memecoin Rallies 18% After Binance Labs Investment, Analyst Predicts '2024 Will Be Huge' For Memecoins
Thursday, January 4, 2024 - 5:00pm | 488Read More...Memecoin (CRYPTO: MEME) may be the latest memecoin to take off following a Binance Labs investment. What Happened: Binance Labs, the venture capital and incubation arm of Binance, announced backing Memeland’s native MEME token. As the studio behind popular meme platform 9GAG,...
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This Whale Scored $78M Profit By Depositing 3.1K BTC Into Binance Ahead Of Bitcoin's Dive To $40K
Thursday, January 4, 2024 - 2:43am | 550Read More...A cryptocurrency whale deposited a significant amount of Bitcoin (CRYPTO: BTC) to cryptocurrency exchange Binance hours before the market crashed, on-chain data shows. What Happened: According to on-chain data provided by Lookonchain, a whale moved 3,100 BTC, valued at approximately $140 million,...
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Stablecoin Mayhem Rocks Crypto Market: USDC/USDT Plunges More Than 20 Cents Before Stabilizing
Wednesday, January 3, 2024 - 4:02pm | 384Read More...Major stablecoins experienced a temporary de-peg following the price drop in the cryptocurrency markets. The USDC/USDT trading pair, typically known for its stability, witnessed a dramatic de-peg on Binance, plunging to $0.76 and $0.8 at 20:00 and 20:15 UTC+8, respectively, before...
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Binance Founder Changpeng Zhao Blocked Again From Leaving US Ahead Of His February Sentencing
Saturday, December 30, 2023 - 12:24am | 456Read More...Binance (CRYPTO: BNB) founder and former CEO Changpeng Zhao has been denied travel permission by a U.S. judge for the second time, ahead of his sentencing in February 2024 for banking law violations. What Happened: U.S. District Judge Richard A. Jones refused Zhao’s plea to travel while he...
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Binance Founder CZ's Wealth Grew By $25 Billion In 2023: Bloomberg Billionaires Index
Tuesday, December 26, 2023 - 2:22pm | 178Read More...Binance (CRYPTO: BNB) founder Changpeng "CZ" Zhao, who recently pleaded guilty to U.S. criminal charges and resigned as CEO of the crypto exchange, saw his wealth soar by almost $25 billion in 2023, according to the Bloomberg Billionaires Index. Zhao's estimated wealth now stands...
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US Court Greenlights $2.7B Settlement Against Binance In CFTC Case
Tuesday, December 19, 2023 - 5:53am | 596Read More...Binance, the cryptocurrency exchange platform, along with its ex-CEO, Changpeng "CZ" Zhao, have settled a long-standing case with the Commodity Futures Trading Commission (CFTC) by agreeing to pay $2.85 billion, as approved by a U.S. court. What Happened: Binance will pay the larger share of $2.7...
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CFTC Chairman Rostin Behnam Signals Possible Jail Time For Binance Founder Changpeng Zhao: Here's Why
Thursday, December 14, 2023 - 4:28pm | 436Read More...Shedding light on the complexities of cryptocurrency regulation and the consequential legal actions against Binance founder Changpeng Zhao, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Thursday said the crypto mogul could eventually serve jail time. In an interview...
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Binance, Other Non-Regulated Exchanges To Exit Philippines After Getting Banned
Thursday, December 14, 2023 - 10:36am | 448Read More...Binance will be facing a ban on its Philippine operations starting in February 2024. The Philippine Securities and Exchange Commission (SEC) clarified that the ban will be effective three months from the issuance date (Nov. 29, 2023) of the advisory, as reported by Crypto News Philippines. The...
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Binance Fights SEC Allegations, Cites Lack Of 'Howey Test' Criteria In Lawsuit
Wednesday, December 13, 2023 - 1:36pm | 517Read More...Crypto exchange Binance, its U.S. counterpart Binance.US, and founder Changpeng Zhao have contested the U.S. Securities and Exchange Commission's (SEC) allegations, arguing that the financial watchdog failed to establish the criteria of the "Howey Test" in its lawsuit...
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Binance's Market Dominance Plummets To 30% Amid Regulatory Challenges In 2023
Tuesday, December 12, 2023 - 3:04am | 375Read More...In a notable development, the world’s leading cryptocurrency exchange, Binance, observed a significant dip in its market share in 2023, down to 30%. What Happened: As per a report by CoinDesk, regulatory hurdles and top-level exits contributed to Binance’s market share falling from 55%...
















