The Philippines has taken a decisive step in its crackdown on unlicensed online trading platforms by announcing the blocking of access to cryptocurrency giant Binance. The Securities and Exchange Commission (SEC) revealed that Binance was not registered in the country,…
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Binance Announces Termination of BUSD Stablecoin Support on December 15
In a recent announcement, Binance, one of the leading cryptocurrency exchanges, revealed its decision to terminate support for its BUSD stablecoin on December 15. The move comes after Paxos, the company responsible for issuing BUSD, was instructed to cease minting…
CTXC Token Makes History After Becoming a Top USDT Trading Pair on Binance After a 25% Increase
The Cortex (CTXC Token) is making history after making a massive increase after its listing on Binance. So, this represents a huge milestone for this project as it led to the improvement of other metrics, such as market cap. Let’s…
DOJ Charges Binance CEO CZ and Proposes 10-Year Prison Sentence
In a stunning turn of events, the U.S. Department of Justice (DOJ) has brought forth charges against ChangPeng Zhao (CZ), the CEO of Binance, and revealed a potentially drastic shift in the sentencing landscape. The DOJ’s latest court filing not…
Tornado Cash’s token Torn Suffers a Massive Decline of More than 45% After Tragic Delisting from Binance
Crypto exchange giant Binance, has made a decision to delist Tornado Cash’s native token TORN, on December 7, 2023. So, this is causing shockwaves through the crypto community. This decision, however, is part of Binance’s stringent review process. Moreover, it…
Coinbase’s Bitcoin Reserves Soar Amidst Regulatory Turmoil for Binance
In a significant shift of fortunes, new on-chain data reveals that Coinbase, the leading US-based cryptocurrency exchange, is witnessing a remarkable increase in its Bitcoin (BTC) reserves, while Binance, its global competitor, experiences a decline in BTC holdings. This development…
Binance Strategic Evolution Under New Leadership Towards a Secure and Sustainable Cryptocurrency Future
In the face of recent developments and leadership changes, Binance, the renowned cryptocurrency exchange platform, remains steadfast on its path to continued success and growth. With a renewed focus on fortifying its financial strength, security, and safety measures, Binance exudes…
This is How Okex is Benefiting Heavily From CZ’s Binance Travails: Over $160 Million Inflows in the Past 48 Hours
The latest legal development between the Securities and Exchange Commission and Binance sprouts new reactions. Especially within the crypto community, many traders are getting scared of what might happen to the Binance exchange. Hence, they are taking their money away…
Coinbase CEO on Binance: Good for the industry to turn the page, make sure we’re following the law
In a dramatic turn of events in the cryptocurrency sphere, the Chief Executive Officer of Binance has not only pleaded guilty to federal charges but has also agreed to step down from the leadership role. The enormity of this decision…
Binance Founder CZ Zhao Granted $175M Bond, Sentencing Set for February
In a significant turn of events, Changpeng “CZ” Zhao, the founder and former CEO of Binance, has been released from custody on a $175 million personal recognizance bond. This development follows Zhao’s guilty plea to violating the Bank Secrecy Act,…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
