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It seems that the recent troubles of Binance have benefited Yi He, the co-founder of the exchange. The latest news is that she now holds a somewhat significant role in steering Binance, which is facing major challenges.
The year 2023 has ended, but the case involving the SEC and Binance is not yet over. As recently as yesterday, the U.S. crypto regulator filed a notice of supplemental authority, inviting the court to consider a decision made in the SEC vs. Terraform Labs lawsuit. Binance's legal team has their work cut out for them once again.
The Binance exchange platform announced on Thursday, January 4th, the tightening of trading rules for 10 cryptocurrencies, including Monero (XMR) and Zcash (ZEC). These will now be placed under "enhanced monitoring" due to the increased risks they present.
A new crypto project is coming to Binance: XAI which redefines blockchain gaming. We give you the details in this article.
170 million users, $213 million in security... Explore in detail the 2023 balance sheet of the crypto exchange Binance.
So far, the wallet of Bitcoin's father is the richest of all. Celebrities, governments, companies, or cryptocurrency exchanges of all kinds have not been able to dethrone him in the ranking of wealthy Bitcoin holders. Details!
The year 2023 has not been a smooth one for Binance. The crypto firm faced a number of legal challenges that put a strain on its operational performance. However, its user base did not let it down. On the contrary, its user base has grown as the company has stepped up its compliance efforts.
Although risking prison in the United States, CZ, the founder of Binance, has a fortune of $37 billion.
The decentralized finance sector is in turmoil with the recent announcement of Sleepless AI joining Binance Launchpool. This unique alliance between artificial intelligence (AI) and blockchain has triggered an impressive 10% increase in the price of Binance Coin (BNB).
Ethereum: Justin Sun withdraws $13.8 million from Binance, raising questions about his motivations!
Almost every day, the crypto exchange Binance finds itself at the center of a new intrigue. The latest one concerns the firm's data request portal, which is said to have been breached. The situation is particularly significant because it involves potentially compromised personal data of crypto users.
The vice is tightening around Binance France following the explosive revelations by the Anticor association, which has reported to the justice suspicions of illegal taking of interests related to the recruitment of Stéphanie Cabossioras, former deputy legal director of the AMF.
Recently, Binance has reached an agreement valued at over $4 billion to drop investigations conducted against it by the US Department of Justice (DOJ). A similar agreement, involving, like the previous one, Changpeng Zhao, the former CEO of Binance, has been concluded most recently. This time, with the Commodity Futures Trading Commission (CFTC).
It has emerged that despite its $4.3 million deal with the U.S. Department of Justice (DOJ), Binance is still facing attacks from the SEC. But apparently, Binance is not backing down. The exchange recently challenged the regulatory legitimacy of the financial regulator, particularly forcefully.
2023 marks a new era, where Binance, the titan of crypto exchanges, sees its empire wobble. Meanwhile, OKX, another key player in the market, climbs the ranks with remarkable assurance. But what could have caused this upheaval on the crypto chessboard?
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with boldness and creativity. In this weekly recap, we will delve into the most significant news of the past week, from the unexpected resilience of Bitcoin in the face of pessimistic predictions from the ECB, to the soaring rise of XRP, and the latest legal developments regarding Binance.
A striking bullish signal suggests a skyrocketing rise in the price of the BNB crypto, promising exciting prospects.
Few names resonate with as much authority as Binance in the crypto sphere. Yet, even this giant seems to stumble, as illustrated by the recent performance of its BNB token. While the crypto market has experienced a spectacular surge, BNB struggles to keep pace, highlighting the complexity and unique challenges that this influential platform faces.
The transfer of the cryptocurrencies earned from this drop will occur in mid-January.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with audacity and creativity. In this weekly recap, we will explore the most significant news of the past week.
Binance played the role of a catalyst for the rise of LUNC. The crypto exploded by 60% following an announcement from the exchange.
The fact that Changpeng Zhao (CZ) is facing the full force of U.S. law has not prevented him from sharing a poignant testimony about Bitcoin (BTC). The former CEO of Binance recounts how his decision, a decade ago, to invest his entire being into the flagship cryptocurrency, completely changed his life. However, he does not call on users to emulate him.
Accused of promoting risky investments with Binance, Ronaldo finds himself the subject of a class action lawsuit. Details here!
Blockchain technology is revolutionizing various industries, including finance, supply chain, healthcare, and more. Its decentralized nature ensures transparency, security, and immutability of data. With its potential to improve processes, reduce costs, and increase efficiency, blockchain is gaining traction across the globe. As a translator in the blockchain field, I aim to bridge language barriers and facilitate communication between different stakeholders in this innovative industry.
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Discover the transformation of Binance under Richard Teng: a traditional financial structure focused on transparency and compliance.
Recently, the crypto platform Binance and the United States Department of Justice (DOJ) reached an agreement to abandon the investigations conducted against the company. Interestingly, the Securities and Exchange Commission (SEC) did not participate in the agreement. According to some analysts, this stance is anything but innocent.
As part of the agreement he signed with the US Department of Justice (DOJ), Changpeng Zhao (CZ), the former CEO of the crypto exchange Binance, pleaded guilty. The arrangement spares the company he founded from a trial that could destroy it. As for him, he will still have to face the full force of the law. His defense lawyers have just proposed a rather unprecedented sanction option for their client.
The Binance affair takes an unexpected turn as U.S. prosecutors attempt to prevent the former CEO CZ from leaving the United States. The risk of flight looms, raising crucial questions about the future of the crypto exchange.