Binance

The U.S. Securities and Exchange Commission (SEC) is revisiting its case against crypto exchange Binance, aiming to strengthen its original lawsuit. What Happened: In a court filing last Thursday, the SEC proposed an amended complaint to address concerns raised by a judge earlier this year and...

The U.S. Securities and Exchange Commission (SEC) hit cryptocurrency entities with record fines in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory standards. What happened: According to a study released by cryptocurrency analytics firm Social Capital...

A small portion of cryptocurrency firms successfully obtained licensing under the UK’s anti-money laundering regulations in the past fiscal year. What Happened: The UK’s Financial Conduct Authority (FCA) disclosed in its annual report that out of 35 applications it received in the 12...

A Nigerian court has postponed a decision on the bail application for Tigran Gambaryan, Binance's head of financial compliance, whose health has been steadily worsening since his imprisonment earlier this year. The next bail hearing is now scheduled for Oct. 9, CoinDesk reported Wednesday....

The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security...

Tigran Gambaryan, an executive at Bitcoin (CRYPTO: BTC) and cryptocurrency exchange platform Binance, was reportedly seen seeking assistance in a courtroom in Abuja, Nigeria on Monday. What Happened: Gambaryan, who has been held in the African nation since February, appeared to drag his left leg...

Binance CEO Richard Teng on Wednesday refuted allegations that the cryptocurrency exchange has seized all funds belonging to Palestinian users. What Happened: The denial comes in the wake of intense criticism on the microblogging site X (formerly Twitter), with users accusing the company of...

Max Keiser, a prominent Bitcoin (CRYPTO: BTC) advocate, expressed regret that Palestine did not heed his advice in 2013 to adopt the leading digital coin as its legal tender, amid reports that cryptocurrency exchange Binance froze all accounts belonging to citizens of the Middle Eastern nation....

Binance (CRYPTO: BNB), the world’s largest cryptocurrency exchange, is facing scrutiny over accusations of confiscating Palestinian cryptocurrency funds, reportedly at the behest of Israel. What Happened: Ray Youssef, co-founder of Paxful and CEO at Noones P2P platform, has alleged that...

A California judge has ruled that the lawsuit filed by the Gary Gensler-led Securities and Exchange Commission against cryptocurrency exchange Kraken will proceed to trial, paving way for another high-voltage legal battle between the regulator and a high-profile blockchain-based company. What...

Over the years, several high-profile personalities have served prison time in U.S. jails, including football legend Orenthal James ‘O.J.' Simpson and Oscar-winning actor Robert Downey Jr.  But do you know who's the richest prisoner ever to have spent time in a federal lockup? Hint: He is a...

The health of Tigran Gambaryan, a Binance (CRYPTO: BNB) executive currently held in a Nigerian prison, is reportedly deteriorating rapidly, leading to his family’s urgent call for release. What Happened: As per a report by The Block, Gambaryan, a U.S. citizen, has been suffering from a...

The Venezuelan government has imposed restrictions on accessing the world’s largest cryptocurrency exchange Binance, amid a controversy surrounding the presidential election results. What Happened: Binance confirmed the access issues through its Latin American-focused X account on Aug. 10....

The U.S. Securities and Exchange Commission (SEC) has revealed its intention to modify its legal complaint against cryptocurrency exchange Binance, particularly focusing on the aspect of cryptocurrencies as securities. What Happened: This development, disclosed in a joint response to the court...

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Paxos, a New York-based stablecoin issuer, without recommending enforcement action. What Happened: Jorge Tenreiro, acting chief of the SEC’s crypto assets and cyber unit, informed Paxos of the decision,...