Binance

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,...

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...

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...

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...

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...

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...

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...

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...

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%...

U.S. Presidential candidate Vivek Ramaswamy on Monday argued that the Treasury Department overstepped its jurisdiction when it sanctioned the crypto mixer Tornado Cash. What Happened: Republican contenders Asa Hutchinson and Ramaswamy joined Democrat Dean Phillips in a discussion about the future...

The cryptocurrency market experienced a notable surge in trading activities in November, with major exchanges seeing a substantial increase in both spot and futures trading volumes. What Happened: In an impressive month-over-month growth, spot trading volumes on major exchanges jumped by 60% in...

Changpeng Zhao, famously known as CZ, and the architect of cryptocurrency exchange Binance, has been restricted from traveling back to the United Arab Emirates. What Happened: The decision stems from Zhao's guilty plea to charges related to breaching the Bank Secrecy Act. With his sentencing set...

As the crypto world rejoiced in the surge of Bitcoin, Ethereum, and various meme coins, Binance's BNB token experienced a sense of missing out, failing to enjoy the upward trend of gains that the wider cryptocurrency market was witnessing. What Happened: After the crypto exchange Binance...

At the University’s debate in Tuscaloosa, Republican candidates spoke about cryptocurrency regulation, Central Bank Digital Currency (CBDC), and its potential dangers.  What Happened: Eliana Johnson of the Washington Free Beacon probed candidate Vivek Ramaswamy regarding his advocacy for...

Switzerland-based fintech firm Anchored Coins recently issued AEUR. But Binance is taking issue with that fact that “some users did not realize that AEUR was a stable currency when they purchased it." As a result, "demand surged in the short term, resulting in price deviations....