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Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse
3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX.
The lawsuit further accuses them of various violations of federal and California law related to unfair...
Class-action suit filed against Binance for alleged harm to FTX before its collapse
2.10.2023
A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange
Price analysis 10/2: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON
2.10.2023
Bitcoin and select altcoins are looking strong at the start of October, but will the flashpan bullish momentum last?
Did You Know About These Crypto Airdrops in October?
1.10.2023
As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their own products with...
Paradigm accuses SEC of bypassing rules in Binance lawsuit
30.9.2023
Paradigm claimed the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
29.9.2023
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining
CommEX Says They Are Not Owned by Binance, But Some Core Members Are Ex-Binance Veterans
29.9.2023
CommEx, the firm that has recently acquired Binance's Russian division, has said that it is not owned by Binance but disclosed that some of its core members are the exchange's previous employees.
In a Friday open letter, CommEx claimed it is an independent entity separate from Binance despite...
Price analysis 9/29: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
29.9.2023
Crypto bulls are attempting a comeback. Here are the altcoins that traders are keeping an eye on
First Mover Americas: Circle Argues Stablecoins Aren’t Securities in Response to SEC’s Binance Lawsuit
29.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Circle weighs in on the SEC vs. Binance lawsuit
29.9.2023
Circle, the issuer of the stablecoin USD Coins, has weighed in on the ongoing dispute between the US Securities and Exchange Commission and Binance. According to reports, the Commission has filed a lawsuit against Binance for offering unregistered securities to its consumers. This includes BNB...
Binance Russia buyer tightlipped on owners but denies CZ involvement
29.9.2023
Binance’s buyer in Russia, CommEx, has been developing its platform for six months and has onboarded some ex-Binance employees, the firm said
Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
29.9.2023
Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them
Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities
29.9.2023
Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.
Circle argued in its amicus curiae brief that stablecoins, whose value is backed by other assets, should not be subject to the same regulatory...
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
29.9.2023
Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Binance Advises Paysafe Users to Convert Euro Balances to Tether
29.9.2023
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
28.9.2023
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands...
Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity
28.9.2023
Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity.
In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally,...
CZ Denies He Owns CommEX, Binance Russia's New Owner
28.9.2023
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia
Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October
28.9.2023
Binance has asked Paysafe users to convert their euro balances to USDT by the end of October as the payments provider has stopped processing euro deposits for the exchange's users.
In a Thursday announcement, Binance said Paysafe has "unilaterally decided to stop processing EUR deposits...