Tag: Binance

CFTC Lawsuit is a “Incomplete Recitation of Facts,” According to Binance CEO

Binance CEO Changpeng Zhao claimed in a blog post on Monday that a lawsuit submitted earlier in the day by the Commodity...

Without Addressing Finances, Binance Responds to US Senators

According to Friday's news, which cited a 14-page letter, cryptocurrency exchange Binance replied to criticism from U.S. senators without addressing financials. Patrick Hillmann, the chief...

Here’s Why More People Are Downloading Cryptocurrency Apps Like Coinbase and Binance

Apptopia, a provider of real-time app data, reports that the top 10 crypto applications for exchanges and self-custody accounts have increased by approximately 15%...

Paysafe, a Partner in Binance Payments, Claims That the UK Regulatory Climate is “Too Challenging”

Due to confusing regulations, Paysafe chose to stop providing its embedded wallet solution to Binance users in the UK. As a result, beginning on...

Russians Are Prohibited From P2P Transactions That Use Dollars and Euros by Binance

Russian traders who use Binance, the biggest cryptocurrency exchange in the world, are subject to limitations on P2P transfers made in dollars and euros....

US DOJ Appeals Over Binance.US Asset Purchase of Voyager

The United States government is attempting to thwart Binance.US' plan to spend $1 billion buying Voyager's troubled assets, despite the bankruptcy court in New...

Gensler Was Once Approached by Binance to Serve as an Advisor

According to the WSJ, Binance once sought to employ Gary Gensler as an adviser years before he was appointed chairman of the Securities and...

US Senators Are Investigating Binance for “Potentially Illegal Business Practices”

In a letter to Binance and Binance US on Wednesday, U.S. Senators Chris Van Hollen (D-MD), Roger Marshall (R-KS), and Elizabeth Warren (D-MA) demanded...

Binance Responds to a Forbes Story Alleging the Transfer of Client Collateral Worth $1.8 Billion

After a Forbes article claimed that the cryptocurrency exchange giant had moved "$1.8 billion of collateral meant to back its customers' stablecoins," Binance vehemently...

Claims That Compare Binance Us to Fraudulent Cryptocurrency Exchanges Are Refuted

Reports that Binance US, a cryptocurrency trading platform situated in the United States and connected to the international crypto exchange Binance, is similar to...

Binance CEO Denies USDC Delisting Due to SEC Crackdown

Binance, a cryptocurrency exchange, is considering terminating connections with business partners in the United States. Due to the Securities and Exchange Commission's tightening of regulatory...

After a Secretive $400 Million Move in 2021, CZ of Binance is Being Observed

Binance is in the spotlight after $400 million was transferred from its American office to a company run by Changpeng Zhao in early 2021. The...

As US Regulatory Oversight Increases, 684 Million BUSD Were Burnt for Redemptions

A little more than a day after Paxos clearly refuted regulator accusations that Binance USD (BUSD) is a security, on-chain data reveals that the...

According to Binance, Tron Network Withdrawal Costs Will Be Returned to Their Prior Amounts

Following criticism from the community, Binance, the top cryptocurrency exchange by trading volume, announced on Saturday that it had returned withdrawal limits on the...

Binance Has Launched “Binance Tax,” a Tax Tool for Cryptocurrency Investors

Trading cryptocurrencies can be challenging, especially if you need to figure out the crypto tax and adapt your trades accordingly. By releasing Binance Tax,...

Binance Has Suspended US Dollar Transfers

Binance, the world's largest cryptocurrency exchange, said Monday that it will stop US dollar deposits and withdrawals, without explaining why. "As of February 8th, we...