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Binance Appoints New Deputy Chief Compliance Officer and Global Money Laundering Reporting Officer
4.8.2023
On Thursday, Binance announced Kristen Hecht as the new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO), a new role amid potential fraud charges from U.S. regulators.
Amid ongoing investigations into its practices, Binance has witnessed the departure...
Biggest Movers: SHIB 5% Higher as Meme Coin Nears Key Resistance Level
4.8.2023
Shiba inu was one of Friday’s biggest movers, as markets reacted to the news that Binance had approved the meme coin as a collateralized asset. The cryptocurrency exchange confirmed that it was adding 22 new loanable and collateral assets to its Flexible and VIP Loan services. Solana was another...
Binance approves Shiba Inu as collateral asset
4.8.2023
The cryptocurrency exchange also announced the addition of 22 cryptocurrencies as loanable assets and collateral assets on its Flexible Loan and VIP Loan services
Coinbase Looking to Add Lightning Network Support
4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....
China Emerges as Binance's Key Market Despite Cryptocurrency Trading Ban
3.8.2023
China has emerged as the biggest market for major crypto exchange Binance, despite a ban on crypto trading in the country.
According to a Wall Street Journal report from Wednesday, Binance users located in China traded crypto worth as much as $90 billion in a single month this year, accounting...
South Korean Exchange Upbit Surpasses Coinbase, OKX in July Trading Volume to Take No. 2 Spot for First Time
3.8.2023
The exchange bucked the general market trend that saw a decline in trading volume for most centralized exchanges
Binance Boosts First Digital's Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
3.8.2023
The crypto exchange listed the Hong Kong-regulated First Digital's FDUSD stablecoin last week
BTC price risks new sub-$29K dip as Binance fears test Bitcoin bulls
3.8.2023
Bitcoin is not done with short-term BTC price downside, analysis predicts, with overall volatility still among its lowest-ever levels
Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies
3.8.2023
The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
First Mover Americas: Justice Department May Charge Binance With Fraud: Report
3.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Users in China Traded $90 Billion of Crypto Assets in a Month, Report
3.8.2023
Traders in China have reportedly exchanged $90 billion worth of cryptocurrencies on Binance despite a ban on their trading in the country. According to a report quoting internal figures and sources, the volume made the People’s Republic Binance’s biggest market. Binance Processed Monthly Crypto...
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
3.8.2023
Users can trade ETH/FDUSD with zero maker fee, while the standard taker fee will apply based on the user's VIP level
Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink
3.8.2023
BTC returned to its rangebound ways a day after it rose suddenly and then subsequently dropped as dramatically
Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens
2.8.2023
During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the existing global Stablecoin giants.
In the session, CZ highlighted concerns...
Binance's CZ warns crypto community about emerging scam
2.8.2023
The scheme consists of mirroring addresses and sending dust transactions to users to trick them into sending funds to the scammer's wallet
Price analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
2.8.2023
Bitcoin is witnessing a strong battle between the bulls and the bears with the sellers currently holding a slight edge
Breaking: US Department of Justice Considering Fraud Charges Against Binance Crypto Exchange
2.8.2023
The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report.
However, as per the report, the DoJ is worried that if it indicts Binance, it could trigger a rush to withdraw balances on the exchange, similar to the rush that brought down...
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
2.8.2023
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
2.8.2023