-
Floki Jumps 16%, Outperforms Dogecoin And Shiba Inu, After Core Contributor Shares Update On Valhalla Game, TokenFi Platform
Wednesday, December 6, 2023 - 12:42am | 556Floki (CRYPTO: FLOKI) has seen a notable 16% surge in the last 24 hours, overshadowing the performance of meme cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: At the time of publishing, FLOKI was trading at $0.000040. DOGE, SHIB were up 4% in the last 24...
-
Crypto Nostradamuses Triumphant: Bitcoin, Ethereum, Shiba Inu, Dogecoin Take Off, Reaffirming Pundits' Predictions
Monday, December 4, 2023 - 6:23pm | 861Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...
-
Binance Intensifies LUNC Burn Campaign, Launches USTC Contracts — Terra Ecosystem Tokens Rally
Friday, December 1, 2023 - 1:54pm | 438In the past week, cryptocurrencies from the Terra ecosystem, Terra Luna Classic (CRYPTO: LUNC) and USTC, have experienced notable surges. This uptick is driven by optimism surrounding various projects and crypto exchanges, as well as anticipation of a burn activity by Binance, which took place on...
-
Binance Tips Off 'VIP' Traders About $4B Settlement With The US Government: Report
Friday, December 1, 2023 - 11:46am | 417In September, during a conference in Singapore, key traders of Binance (CRYPTO: BNB) were briefed about the company's impending settlement with U.S. authorities. The message was clear at a luxurious private dinner hosted by Binance in Singapore: the world's largest crypto exchange...
-
Remember The Ill-Fated Terra Stable Coin? Its Shot Up Nearly 300% This Week — Here's Why
Friday, December 1, 2023 - 10:44am | 324TerraClassicUSD (CRYPTO: USTC), the remnant of the collapsed Terra blockchain, has surged 300% in the past week. What Happened: The rise in investor interest follows the news that cryptocurrency exchange Binance has started offering perpetual contracts for USTC, and as details of a proposed...
-
Cristiano Ronaldo Faces Legal Action Over Binance Crypto Promotions
Wednesday, November 29, 2023 - 5:42pm | 500Portuguese professional soccer star Cristiano Ronaldo has been named in a class-action lawsuit filed in a United States district court in Florida, that centers around his involvement in promoting the cryptocurrency exchange Binance (CRYPTO: BNB). The suit, filed on Nov. 27, 2023, stated...
-
Binance's Regulatory Woes Escalate As This Country's Regulators Restrict Access
Wednesday, November 29, 2023 - 11:02am | 508The Philippines' Securities and Exchange Commission (SEC) has initiated steps to restrict access to Binance. The latest advisory follows recent legal developments involving the crypto exchange's former CEO, Changpeng Zhao. The Philippine's SEC warned the public that Binance is not...
-
Changpeng Zhao Steps Down From Binance.US: Can It Shed Global Counterpart's Regulatory Baggage?
Tuesday, November 28, 2023 - 1:38pm | 630Changpeng Zhao stepped down Tuesday from his role as the chairman of the board of directors of Binance.US, the American arm of the global cryptocurrency exchange Binance (CRYPTO: BNB). This move comes on the heels of a series of settlements and regulatory actions involving Binance....
-
Binance And Changpeng Zhao: SEC Wants To Prove FTX-Style Fraud, Says Report
Tuesday, November 28, 2023 - 1:21pm | 555The U.S. Securities and Exchange Commission (SEC) continues its probe into Binance (CRYPTO: BNB) and its founder Changpeng Zhao for possible control over assets on the Binance.US platform. In June, the SEC accused both entities of running unauthorized securities exchanges, focusing on the...
-
Coinbase CEO Brian Armstrong On Binance's Settlement: 'Building A Company Offshore, Skirting Regulation, It's Just Not Going To Work'
Tuesday, November 28, 2023 - 6:25am | 440The U.S. federal government’s $4.3 billion settlement with Binance has paved the way for rival exchanges like Coinbase Inc (NASDAQ:COIN) to vie for the title of crypto king. What Happened: The federal charges leading to this settlement have also forced Binance Changpeng Zhao to step...
-
Binance Enters New Era As CEO Richard Teng Prioritizes Transparency, Compliance
Monday, November 27, 2023 - 5:57pm | 544With three decades of financial services and regulatory experience, the new CEO of Binance, Richard Teng, has made an initial statement as the company's leader. In his first blog post, Teng said “We have turned the page on Binance’s historical challenges, and we are,...
-
Binance's CZ Caught In Stateside Limbo: Potential Prison Sentence Hangs In The Balance
Monday, November 27, 2023 - 5:02pm | 540Changpeng Zhao, the founder of cryptocurrency giant Binance, is currently required to stay in the United States as a federal judge deliberates over a motion from the U.S. Department of Justice. This motion insists that Zhao should remain in the U.S. until his sentencing, which is expected early...
-
ETF Hype, Binance Settlement Ignites Bitcoin Rally; Shiba Inu, Dogecoin Soar: Will $40,000 Be The Next BTC Target?
Friday, November 24, 2023 - 1:38pm | 513Bitcoin (CRYPTO: BTC) has broken the psychologically important level of $38,000 amidst the hype surrounding the potential approval of spot Bitcoin exchange-traded funds (ETFs) and the recent settlement of Binance with the U.S. Department of Justice (DoJ). Bitcoin, the world’s largest...
-
Binance's Breakthrough: JPMorgan Hails Game-Changing US Settlement In Crypto Industry
Friday, November 24, 2023 - 9:49am | 438JPMorgan (NYSE: JPM) has expressed a positive outlook on the recent settlement between Binance (CRYPTO: BNB) and the U.S. government, highlighting its beneficial impact on both the cryptocurrency sector and the exchange itself, according to a research report released on Thursday. The report...
-
US Government Fights To Keep Former Binance CEO Changpeng Zhao On American Soil
Thursday, November 23, 2023 - 3:01am | 457Prosecutors are fervently advocating for former Binance head Changpeng “CZ” Zhao to remain in the United States, expressing apprehensions about his possible flight risk. What Happened: In a filing to a Seattle federal court, prosecutors requested a revision and overrule of a judge...