At the heart of the technological fray, cryptocurrency giants weave their web. Binance, one of these titans, faces a major challenge: the burning issue of liquidating its US operations.
Coinbase CEO Brian Armstrong said the SEC asked the platform to remove any assets other than Bitcoin from its list. All crypto assets except Bitcoin were, in fact, securities and had to be removed from the list, the regulator said. According to Armstrong, accepting this request would lead to the end of the crypto industry.
At a time when FUD is reaching its peak in the cryptosphere, Binance has announced a voluntary interruption of some functionalities linked to Market orders. Although the company has promised to resolve the problem immediately, some crypto investors are in doubt.
The Binance-SEC case seems to be progressing very quickly. Just one day after filing a complaint against the crypto exchange, the regulator is taking a new step. The SEC is currently seeking to freeze Binance's assets and even wants to go further by blocking any access of Binance and its CEO Changpeng Zhao to the funds of U.S. clients.
The SEC has revealed a whole list of shitcoins that Binance should have registered as securities. What about Ethereum? And wash trading?
After the CFTC, it's now the SEC's turn to go after Binance and its founder Changpeng Zhao (CZ).
The crypto market has promising days ahead. At least, that's what Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of trading volume, claims. In a recent interview with Bankless, Zhao predicted a series of successes for the industry and highlighted potential future scenarios. Let's briefly decipher his statements.
Binance announces the delisting of twelve cryptocurrencies under French regulatory pressure. Monero is among them.
In a recent interview on the Bankless podcast, Changpeng Zhao, the CEO of Binance, shared his perspective on the crypto industry and the current market. During the conversation, he addressed the persistent rumors (FUD) surrounding his company. Additionally, Zhao provided insight into the next major trend in the crypto space. Let's delve into the details of this interview.
Crypto company Binance seems to be constantly involved in controversies. If it's not regulators suspecting it of fraud, it's the press accusing it of misusing user funds.
Australian bank Westpac has banned its clients from depositing money into Binance. Another blow for CZ given the ongoing lawsuits by the CFTC in the United States.
Binance is facing massive withdrawals as well as transaction fees multiplied by the latest fashionable nonsense: the BRC-20…
After months of development, the Sui blockchain's mainnet was officially launched on Wednesday, May 3rd. The network's native asset, also called Sui, has also entered the crypto market. Several crypto exchange platforms are already clamoring to list it.
Bitget, the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It’s also aimed at helping both companies to leverage their strengths and collaborate on linking DeFi and CeFi.