#Binance

[ follow ]
#binance

Binance, CZ's Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

The SEC's ambiguous criteria for classifying crypto transactions as securities is a primary issue in ongoing legal challenges involving Binance.

CZ Talks Prison, New 'Educational Venture' at First Public Appearance Since Release From U.S. Jail

CZ has no current plans to run another crypto exchange after his prison sentence.
from Fortune Crypto
5 days ago

Inside Dubai's risky bid to become the world's crypto hub

Binance's approval in Dubai showcases the emirate's ambition to become a leading crypto hub amidst global competition.
Dubai's approach to crypto regulation contrasts with more restrictive environments like the U.S. and Europe.
from Fortune Crypto
3 weeks ago

Former U.S. agent Tigran Gambaryan denied bail by Nigeria as family and supporters decry unjust detention

Tigran Gambaryan's wrongful detention in Nigeria has lasted over 220 days, with deteriorating health amid growing advocacy for his release.

Scroll Airdrop Allocation Met With Dismay From Farmers

Airdrop farmers are frustrated by Scroll's allocation of 5.5% of SCR tokens to Binance, feeling it favors centralized exchange users over early adopters.

Binance Executive Tigran Gambaryan Denied Bail in Nigeria

Tigran Gambaryan, a Binance executive, was denied bail in Nigeria and is suffering from serious health issues while detained.
from Coindesk
56 minutes ago

Binance, CZ's Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit

The SEC's ambiguous criteria for classifying crypto transactions as securities is a primary issue in ongoing legal challenges involving Binance.

CZ Talks Prison, New 'Educational Venture' at First Public Appearance Since Release From U.S. Jail

CZ has no current plans to run another crypto exchange after his prison sentence.

Inside Dubai's risky bid to become the world's crypto hub

Binance's approval in Dubai showcases the emirate's ambition to become a leading crypto hub amidst global competition.
Dubai's approach to crypto regulation contrasts with more restrictive environments like the U.S. and Europe.

Former U.S. agent Tigran Gambaryan denied bail by Nigeria as family and supporters decry unjust detention

Tigran Gambaryan's wrongful detention in Nigeria has lasted over 220 days, with deteriorating health amid growing advocacy for his release.

Scroll Airdrop Allocation Met With Dismay From Farmers

Airdrop farmers are frustrated by Scroll's allocation of 5.5% of SCR tokens to Binance, feeling it favors centralized exchange users over early adopters.

Binance Executive Tigran Gambaryan Denied Bail in Nigeria

Tigran Gambaryan, a Binance executive, was denied bail in Nigeria and is suffering from serious health issues while detained.
morebinance

First Mover Americas: Binance Withdraws an Abu Dhabi License Application

Cryptocurrency exchange Binance has withdrawn its bid for an investment-management license in Abu Dhabi, deeming it unnecessary for its global needs.
El Salvador has launched a program called 'Freedom VISA' that offers residency to individuals who invest at least $1 million worth of bitcoin or tether in the country.

As ETF Hype Builds, Bitcoin Rallies Past $40k

Despite some setbacks, Bitcoin's price has crossed the $40,000 mark and is experiencing a steady upward trend.
Bitcoin's resilience in the face of Binance's legal troubles and competition from other exchanges is notable.

U.S. Crypto Lobbying on Course for Record Spend This Year

U.S. lobbying spending by the cryptocurrency industry is set to reach a record high this year.
Crypto companies have spent $18.96 million on lobbying by the end of Q3 2021, up from $16.1 million in the same period last year.
Coinbase is the biggest spender, followed by Crypto.com owner Foris DAX, Binance, and the Blockchain Association.
#Bitcoin

How regulators tamed crypto

Bitcoin price surges to $42,000, driven by optimism about Bitcoin ETF and Fed rate cuts.
Binance, the largest crypto exchange, pleads guilty to money laundering and fraud charges, but is allowed to continue operating under a settlement agreement.

BlackRock meets with SEC over ETF, Binance's new era begins and SBF loses release bid: Hodler's Digest, Nov. 19-25

Binance and its co-founder CZ have reached a $4.3 billion settlement with the US DOJ.
BlackRock met with the SEC to discuss a spot Bitcoin ETF.
A Bitcoin user paid $3.1 million in transaction fees for a BTC transfer.

Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant

Bitcoin is flowing from Binance to Coinbase, with Coinbase's reserves increasing and Binance's decreasing.
The decrease in Bitcoin reserves on Binance is attributed to retail outflows and nervousness about recent legal issues.
Analysts believe that Binance's settlement with the U.S. Department of Justice increases the likelihood of a spot Bitcoin ETF approval.

Bitcoin and Crypto Markets Shake Off Binance News, Eye Spot ETF Approval

Bitcoin has risen above $37,400 despite negative news in the crypto market.
The Binance settlement may increase the chances of the SEC approving a spot bitcoin ETF.
The exit of Binance's founder and CEO could alleviate concerns about overseas manipulation of bitcoin prices.

The future of the Crypto market: $4.3 billion fine and imminent economic concerns

Bitcoin price experiences volatility amidst news of Binance fine and CEO resignation.
Expectations for a Bitcoin ETF approval and potential interest rate decrease in the US contribute to the rise in the crypto market.

How regulators tamed crypto

Bitcoin price surges to $42,000, driven by optimism about Bitcoin ETF and Fed rate cuts.
Binance, the largest crypto exchange, pleads guilty to money laundering and fraud charges, but is allowed to continue operating under a settlement agreement.

BlackRock meets with SEC over ETF, Binance's new era begins and SBF loses release bid: Hodler's Digest, Nov. 19-25

Binance and its co-founder CZ have reached a $4.3 billion settlement with the US DOJ.
BlackRock met with the SEC to discuss a spot Bitcoin ETF.
A Bitcoin user paid $3.1 million in transaction fees for a BTC transfer.

Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant

Bitcoin is flowing from Binance to Coinbase, with Coinbase's reserves increasing and Binance's decreasing.
The decrease in Bitcoin reserves on Binance is attributed to retail outflows and nervousness about recent legal issues.
Analysts believe that Binance's settlement with the U.S. Department of Justice increases the likelihood of a spot Bitcoin ETF approval.

Bitcoin and Crypto Markets Shake Off Binance News, Eye Spot ETF Approval

Bitcoin has risen above $37,400 despite negative news in the crypto market.
The Binance settlement may increase the chances of the SEC approving a spot bitcoin ETF.
The exit of Binance's founder and CEO could alleviate concerns about overseas manipulation of bitcoin prices.

The future of the Crypto market: $4.3 billion fine and imminent economic concerns

Bitcoin price experiences volatility amidst news of Binance fine and CEO resignation.
Expectations for a Bitcoin ETF approval and potential interest rate decrease in the US contribute to the rise in the crypto market.
moreBitcoin

Tiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'

The anchored euro (AEUR) stablecoin surged nearly 200% on Binance after being listed on the crypto exchange.
The token's low market cap and limited liquidity make it vulnerable to de-pegging by potential price manipulation.
#Cristiano Ronaldo
from The Athletic
11 months ago
Cryptocurrency

Why Cristiano Ronaldo is being sued in $1bn lawsuit by people who bought his NFTs

Cristiano Ronaldo is facing a $1 billion class action lawsuit in the U.S. over his promotion of a non-fungible token collaboration with Binance.
The lawsuit alleges that investors suffered losses after making investments based on Ronaldo's social media advertisements for Binance products.

Cristiano Ronaldo faces US$1bn lawsuit for promoting Binance NFTs

Cristiano Ronaldo is facing a class-action lawsuit seeking at least $1 billion in damages for promoting cryptocurrency-related non-fungible tokens (NFTs) issued by Binance.
The lawsuit alleges that Ronaldo's promotion of Binance was deceptive and unlawful, leading investors into costly and unsafe investments.

Ronaldo faces $1B lawsuit for promoting NFTs

Cristiano Ronaldo is facing a $1 billion class-action lawsuit for promoting cryptocurrency-related NFTs on Binance.
The lawsuit alleges that Ronaldo's promotion of Binance was deceptive and unlawful, leading to costly investments.
The suit claims that Ronaldo's partnership with Binance was incredibly successful, resulting in a 500% increase in online searches for 'Binance'.

Why Cristiano Ronaldo is being sued in $1bn lawsuit by people who bought his NFTs

Cristiano Ronaldo is facing a $1 billion class action lawsuit in the U.S. over his promotion of a non-fungible token collaboration with Binance.
The lawsuit alleges that investors suffered losses after making investments based on Ronaldo's social media advertisements for Binance products.

Cristiano Ronaldo faces US$1bn lawsuit for promoting Binance NFTs

Cristiano Ronaldo is facing a class-action lawsuit seeking at least $1 billion in damages for promoting cryptocurrency-related non-fungible tokens (NFTs) issued by Binance.
The lawsuit alleges that Ronaldo's promotion of Binance was deceptive and unlawful, leading investors into costly and unsafe investments.

Ronaldo faces $1B lawsuit for promoting NFTs

Cristiano Ronaldo is facing a $1 billion class-action lawsuit for promoting cryptocurrency-related NFTs on Binance.
The lawsuit alleges that Ronaldo's promotion of Binance was deceptive and unlawful, leading to costly investments.
The suit claims that Ronaldo's partnership with Binance was incredibly successful, resulting in a 500% increase in online searches for 'Binance'.
moreCristiano Ronaldo
#money laundering

Why Binance's US plea deal could be positive for crypto adoption

Binance has pleaded guilty to money laundering and other federal charges, resulting in a $4.3 billion fine.
Binance's founder, CZ, will be sidelined from the firm for at least three years.

Essay | The End of Crypto's Dream to Escape From Government

Binance, the world's largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws and will pay $4.3 billion in penalties.
The agreement between Binance and U.S. authorities marks a watershed moment for crypto's compliance with American law.
The centralized nature of cryptocurrency exchanges like Binance and Coinbase allows the government to extend its reach into the crypto economy.

Why Binance's US plea deal could be positive for crypto adoption

Binance has pleaded guilty to money laundering and other federal charges, resulting in a $4.3 billion fine.
Binance's founder, CZ, will be sidelined from the firm for at least three years.

Essay | The End of Crypto's Dream to Escape From Government

Binance, the world's largest cryptocurrency exchange, pleaded guilty to breaking U.S. anti-money-laundering laws and will pay $4.3 billion in penalties.
The agreement between Binance and U.S. authorities marks a watershed moment for crypto's compliance with American law.
The centralized nature of cryptocurrency exchanges like Binance and Coinbase allows the government to extend its reach into the crypto economy.
moremoney laundering

First Mover Americas: Standard Chartered Bank Thinks BTC Will Reach $100K by End of 2024

Standard Chartered Bank predicts bitcoin will reach $100,000 by end of 2024, citing approval of spot bitcoin ETFs and the upcoming Bitcoin halving as catalysts.
Digital Currency Group and Genesis Global have reached a repayment plan to settle their lawsuit, with DCG agreeing to pay another $275 million to Genesis in installments.
The Philippines SEC warns that it may block access to Binance in the country for operating without a license and promoting crypto trading to Filipinos.

NFT Platform Blur's Token Jumps 22% Amid Binance Listing and Blast Optimism

BLUR token surged 22% after being listed on Binance's convert feature.
The rise followed an uptrend that has doubled the token's value in the past week.
Criticism has been received for Blast, a layer 2 network associated with BLUR, due to its referral scheme.
#settlement

Binance's Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

Binance's settlement with the U.S. government is positive for the crypto industry and the exchange.
The deal reduces potential systemic risk and reinforces the shift towards regulated crypto entities.
The agreement reduces uncertainty for Binance and may help it regain market share.

Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein

Binance remains the dominant crypto exchange internationally despite the recent settlement with the U.S. government.
Bernstein expects increased competition from Coinbase and new exchanges in regulated markets.
The settlement could lead to the approval of a regulated bitcoin ETF.

Binance Processes Nearly $1B in Net Outflows as Changpeng 'CZ' Zhao Resigns

Binance saw over $950 million in net outflows and its founder CZ agreed to step down as part of a settlement.
Withdrawals from Binance are higher than usual but not unusually large, and the exchange continues to operate as usual.
Binance holds over $67 billion worth of tokens and stablecoins, providing confidence in its solvency.

Binance's Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

Binance's settlement with the U.S. government is positive for the crypto industry and the exchange.
The deal reduces potential systemic risk and reinforces the shift towards regulated crypto entities.
The agreement reduces uncertainty for Binance and may help it regain market share.

Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein

Binance remains the dominant crypto exchange internationally despite the recent settlement with the U.S. government.
Bernstein expects increased competition from Coinbase and new exchanges in regulated markets.
The settlement could lead to the approval of a regulated bitcoin ETF.

Binance Processes Nearly $1B in Net Outflows as Changpeng 'CZ' Zhao Resigns

Binance saw over $950 million in net outflows and its founder CZ agreed to step down as part of a settlement.
Withdrawals from Binance are higher than usual but not unusually large, and the exchange continues to operate as usual.
Binance holds over $67 billion worth of tokens and stablecoins, providing confidence in its solvency.
moresettlement

Binance Penalties Include a Number of Crypto Industry Firsts

The Treasury Department's FinCEN is imposing its first-ever monitorship on the cryptocurrency exchange.
U.S. regulators are employing powerful measures typically used for major financial institutions to penalize Binance, the largest cryptocurrency exchange.

The Protocol: CZ's out, Altman's in, and Kraken's Sued

Binance CEO Changpeng Zhao will step down as part of a plea agreement with U.S. prosecutors, and Binance will pay over $7 billion in fines to the U.S. Treasury and CFTC.
Despite controversy surrounding Binance's centralized structure, Zhao is credited with spearheading tremendous growth in the crypto industry.
Oracle firms like Chainlink and Pyth Network are competing to provide lower-latency pricing data to blockchains for faster on-chain trading.

Binance legal issues affect crypto market

Binance CEO Changpeng Zhao stepping down and the $4.3 billion settlement with the US government caused volatility in cryptocurrencies.
The settlement highlights the risks of operating and investing in the cryptocurrency space.
Additional regulation could drive away investors in the short term but could lead to broader adoption and safer access to cryptocurrencies.
#cryptocurrency

First Mover Americas: Binance, Binance, Binance

Binance, the world's largest crypto exchange, has been charged with breaking sanctions and money-transmitting laws and has agreed to a $4.3 billion settlement.
Founder Changpeng 'CZ' Zhao pleaded guilty to charges and agreed to pay a $50 million fine and step down as CEO.
Binance's initial growth was fueled by its illegal operations in the U.S., targeting high-value customers who drove the exchange's revenue.

Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%

Binance's CEO stepping down and the $4 billion settlement did not significantly impact the wider crypto market.
Binance's order book liquidity has been affected, making trading conditions more difficult for large traders.
Liquidity on Binance has declined by 25% or more in the past 24 hours.

First Mover Americas: Binance, Binance, Binance

Binance, the world's largest crypto exchange, has been charged with breaking sanctions and money-transmitting laws and has agreed to a $4.3 billion settlement.
Founder Changpeng 'CZ' Zhao pleaded guilty to charges and agreed to pay a $50 million fine and step down as CEO.
Binance's initial growth was fueled by its illegal operations in the U.S., targeting high-value customers who drove the exchange's revenue.

Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%

Binance's CEO stepping down and the $4 billion settlement did not significantly impact the wider crypto market.
Binance's order book liquidity has been affected, making trading conditions more difficult for large traders.
Liquidity on Binance has declined by 25% or more in the past 24 hours.
morecryptocurrency
[ Load more ]