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Binance.com temporarily restricts US bank transfers from February 8


Binance.com recently announced a temporary suspension on all USD bank transfers. The development is expected to impact only a small portion of users. The news was shared on the official Twitter channel of Binance. As per the tweets, every other method of trading crypto will remain active. Given...

Binance launches Binance Tax in France


Binance offers a huge relief to crypto traders, especially day traders who deal with thousands of transactions every year. The launch of Binance Tax in France gives customers a tool to calculate their crypto tax liabilities with absolute convenience. The aim is to streamline tax reporting...

Gemini to pump $100 million into Genesis for its bankruptcy recovery


Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts


Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs


FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators...

Orion Protocol suffered a loss of $3 million on ETH & BSC


Orion Protocol suffered a total loss of $3 million on ETH and BSC. This was first visible on Twitter, followed by an announcement by Orion’s CEO. He, however, claimed that the harm that was done was contained to an internal broker account. In his statement, the user funds happen to be safe....

Huobi finally lists FUD to benefit crypto users


Huobi recently treated FTX users with great news. The exchange has recently listed the FTX users’ Debt (FUD) token. The bond token showcases the high-value FTX debt asset that can assist crypto users everywhere. The token will allow creditors to access a new level of liquidity, letting them trade...

Binance restricts wallet services support for Zanmai-run WazirX


The crypto community has been witnessing the ongoing debate between Zanmai and Binance. The public argument has triggered severe repercussions for the entity behind WazirX. Binance recently decided to clarify the situation for every WazirX user. The latest post by the exchange talked about Binance...

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