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Binance.US request for protective order against SEC goes to magistrate judge
16.8.2023
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery
24th Quarterly BNB Burn Successfully Completed by Binance
20.7.2023
The embattled crypto exchange giant Binance completed its quarterly burn of 1.99 million BNB coins worth around $477 million on Wednesday successfully.
The exchange has been conducting such quarterly burns of BNB to reduce the token’s supply since October 2017.
The price of the BNB did not see...
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
17.7.2023
As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by mid-July. Even though bitcoin lingered just above $30,000...
Binance.US shares an update about the legal battle with the SEC
17.7.2023
The American arm of Binance has shared an update with the community about the ongoing legal battle with the US Securities & Exchange Commission, the SEC. Per the update, the US Court has not granted rights to the Commission to freeze the assets of the platform. Also, their right to TRO has been...
XRP Gets Binance.US Listing as Exchange Joins Rivals’ Embrace
14.7.2023
Trading XRP on Binance.US began Friday
Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe
13.7.2023
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....
BNB Beacon Chain hard fork adds 'panic' feature that can 'halt' blockchain
13.7.2023
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security
Binance US Arbitrage: Social Media Users Say BTC Discount Not Indication of an Opportunity
10.7.2023
For several days since Binance US announced the resumption of withdrawals, bitcoin (BTC) has changed hands at a discount and was trading at more than $2,500 below the prevailing market price on July 10. The emergence of a discount on crypto assets paired with USD on Binance US has fueled...
Bitcoin on $3K discount at Binance.US, but there’s a catch
10.7.2023
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices
CZ Says News of Exec Departures at Binance Is FUD
9.7.2023
Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...
Binance Feels Strain of World’s Regulators Leaping Into Action
7.7.2023
Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked...
Binance.US market share drops below 1% amid regulatory lawsuit: Report
5.7.2023
The U.S. market share of Binance.US has reportedly dropped amid a U.S. Securities and Exchange Commission lawsuit, while Coinbase's rose roughly 7% in June
TrueUSD Depegs on Binance.US, Drops to 80 Cents Against Tether
28.6.2023
TUSD trades at a discount versus Tether as former FTX provider Armanino's rebranded outlet The Network Firm's association with TrueUSD raises alarm bells on Crypto Twitter
Bitcoin Price Prediction: BTC Holds Steady Below $31,000 Amidst Binance.US Trading Discount and USD Withdrawal Concerns
27.6.2023
Bitcoin, the leading cryptocurrency, is currently experiencing a trading discount of approximately $1,000 on the Binance.US exchange, as reported by research firm Kaiko.
This price discrepancy has persisted since June 22, as evidenced by a chart shared by Kaiko.
Interestingly, this discount...
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
26.6.2023
A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial
Binance’s ‘Provocative’ Motion Against SEC Could Expedite Criminal Charges, Warns Former SEC Official
25.6.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange. “Binance’s motion is provocative and Binance’s...
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24
24.6.2023
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation
Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars
23.6.2023
The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers...
Binance.US solves USD withdrawal issues but warns it won't last long
23.6.2023
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US
Binance US Market Share Shrinks Amid Legal Battle With SEC
22.6.2023
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...