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Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
Coinbase gets surrounded by US States following a SEC lawsuit
7.6.2023
Moments after the US Securities & Exchange Commission came after Coinbase for offering unregistered products and services, several US states have taken it upon themselves to pursue the allegations individually as well. Simply put, Coinabse is now facing more trouble with US states joining...
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao
After Binance, Coinbase comes under the scrutiny of the SEC
7.6.2023
The US Securities & Exchange Commission has charged Coinbase with the allegations of failing to register the offering of staking-as-a-service. This is on top of not registering the buying and selling of securities. Coinbase, here, seems to be on the path of Binance, which was recently charged...
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
7.6.2023
Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitcoin outflows of around 15,438 BTC worth more than...
SEC files motion for restraining order against Binance
6.6.2023
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange
Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
6.6.2023
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S
Binance entities and Changpeng Zhao come under SEC scrutiny
6.6.2023
The US Securities & Exchange Commission, also known as SEC, has announced that they have filed Section 13 charges against Binance, BAM Trading Services, and Changpeng Zhao for violating several security laws. A brief summary mentioned by the SEC states that the charges are related...
Paul Grewal aims for clear crypto rules in the US
6.6.2023
Paul Grewal, the Chief Legal Officer at Coinbase, has highlighted that his focus will be majorly on putting forward the point that crypto ventures need clear rules to operate in the region. Coinbase, founded in 2012, has more than 3,000 cryptocurrencies listed on the platform. It supports select...
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
6.6.2023
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows
Kraken experiencing gateway issues — withdrawals, deposits delayed
6.6.2023
Major crypto exchange Kraken is investigating an issue with crypto funding gateways, including BTC, ETH, and ERC-20, with users experiencing delays in deposits and withdrawals
Binance Faces Legal Action by SEC for Violating US Securities Laws
5.6.2023
The U.S. Securities and Exchange Commission (SEC) took legal action against Binance, the largest cryptocurrency exchange globally, for violating U.S. securities laws. Gary Gensler, the chairman of the SEC, revealed that Binance is facing thirteen charges related to these violations. Binance...
Binance Futures delists and updates Margin tiers for perpetual contract
5.6.2023
Binance Futures has announced the closing of all the positions of USDⓈ-M 1000LUNCBUSD Perpetual Contract. It will simultaneously trigger the automatic settlement of the same as on June 08, 2023, effective 09:00 UTC. Once settled, the contract will be delisted instantly. Moreover, Binance Futures...
Gate.io threatens legal action against rumor-mongers
4.6.2023
Insolvency rumors surfaced after a series of events involving Multichain. Gate.io has denied any liquidity issues
Cryptocurrency markets’ low volatility: A curse or an opportunity?
4.6.2023
The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait?
Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
3.6.2023
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country
Uniswap scam alert: Fraudsters impersonate executives and create fake website
3.6.2023
Uniswap and its foundation have no association with the scam as efforts are being made to combat it
Binance market share chopped with the end of zero-fee BTC trading
2.6.2023
A Binance spokesperson told Cointelegraph that the company forecasted the drop after its decision to end its zero-fee BTC trading but that it’s “not a concern.”
Three major advancements by OKX in recent days
2.6.2023
To start with, OKX has tabled a proposal that enables the community to stake BRC-20 and Bitcoin on the network. Stakers, in return, get a chance to earn passive income in the form of a BRC-30 token. Termed the Industry’s first BRC-30 token standard, the advancement brings forward a protocol...
Binance CEO Changpeng Zhao on Layoffs Rumors: ‘Another Day, Another FUD’
2.6.2023
Changpeng “CZ” Zhao has answered the rumors of mass layoffs at Binance, with reports stating that up to 20% of the current workforce of the exchange might be forced to abandon their positions due to poor market conditions. Zhao declared this was another attempt at spreading FUD...