One of the major developing stories in the crypto industry is Binance and the Nigerian government. So, two Binance employees received detention upon entering the country’s capital. Apparently, the issue was that Binance was operating illegally in the country. Furthermore,…
Binance support inability to help its customer who was being hacked – Pitiful state in Crypto
In a distressing turn of events, Twitter user @doomxbt_ recently shared a harrowing experience of being hacked on Binance. The user claimed a sudden and unexplained loss of funds, raising concerns about the efficacy of Binance’s customer support. So, this…
Binance to Pay $4.3 Billion in Historic US Criminal Penalty Over Sanctions and Anti-Money Laundering Violations
Binance Holdings Ltd., has been directed to pay a substantial $4.3 billion in criminal penalties. This notable ruling, endorsed by US District Judge Richard Jones, represents a significant legal milestone in the United States, revealing the company’s involvement in questionable…
Steve Christie returns to Binance as Deputy Chief Compliance Officer, highlighting the company’s focus on regulatory compliance.
The rejoining of Steve Christie, the former Senior Vice President of Compliance, to Binance marks a significant milestone in the commitment to regulatory compliance. Steve will be assuming the crucial role of Deputy Chief Compliance Officer (DCCO), succeeding Kristen Hecht,…
Binance Contest SEC Lawsuit, Arguing Non-compliance with Howey Test Requirements
In a recent filing, Binance, Binance.US, and their founder Changpeng Zhao (CZ) have strongly contested the U.S. Securities and Exchange Commission’s (SEC) lawsuit, arguing that the regulatory body failed to meet the requirements of the “Howey Test.” The filing, submitted…
Are you a Shiba Inu (SHIB) Holder? This is How You stand a Chance of Winning $500k From Binance
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…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
