After the recent resignation of Changpeng Zhao from the largest crypto exchange Binance, many things are changing. So, one of them is the creation of their new web3 wallet. However, there’s a new opportunity for users to win $500k worth…
Philippines Cracks Down on Unlicensed Trading Platforms, Blocks Access to Binance – Here is why?
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,…
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…
Will CZ’s $4 billion fines make Wall Street rush to Bitcoin?
In recent developments, Binance, the world’s largest cryptocurrency exchange, has agreed to pay a staggering $4.3 billion in fines and restitution to US authorities for violating anti-money laundering and sanction evasion laws. This regulatory reprimand has significant implications for the…
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 and CEO Changpeng Zhao Enter Guilty Plea, Settle with $4.3 Billions in Fines – Bloomberg
In a groundbreaking development that has sent shockwaves through the cryptocurrency industry, Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao have recently pleaded guilty to criminal charges relating to anti-money laundering (AML) and US sanctions violations. This historic…
How is Crypto Affected by Binance’s Billion Dollar Plea Deal?
The world of crypto is controversial as it is and the most controversial institution right now is Binance and its CEO Changpeng Zhao, AKA CZ. The platform’s top executive has agreed to plead guilty to violating US anti-money laundering requirements. …
Binance Holdings Ltd. Faces $4 Billion Demand from US Justice Department
In a significant development, the US Justice Department has demanded more than $4 billion from Binance Holdings Ltd., the world’s largest cryptocurrency exchange. This demand is part of a proposed resolution to settle a long-running investigation into alleged money laundering,…
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 were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
