Tag: Binance
Binance to file a motion for dismissal of CFTC complaint
Crypto exchange Binance and its CEO Changpeng “CZ” Zhao are reportedly in talks to file a motion seeking the dismissal of a lawsuit filed by a US regulatory body against…
Token Burn Event: Binance Removes Almost $500 Million Worth of BNB from Circulation
The Binance Smart Chain (BNB) left the cryptocurrency community astounded when it decided to carry out the regular bun of nearly 1.99 million of its native BNB tokens. The burned…
Binance hits pause on support to tokens minted on multi-chain project
Leading cryptocurrency exchange Binance seems to be courting controversy yet again after it announced that it was suspending support for withdrawing and depositing many cross-chain tokens that are linked to…
Australian regulators conduct searches at the office of Binance Australia
The Binance office in Australia was searched on Tuesday by Australia’s Security and Investment Commission. This recent cryptocurrency news comes as governments worldwide are becoming more and more cautious about…
Binance Spot trading in trouble
Binance, one of the largest cryptocurrency exchanges, is facing a reduction in spot trading. There has been a 70% reduction in stop trading in the second quarter of the year….
Binance Brazil Faces Investigation for Alleged Pyramid Schemes Amidst Mounting International Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, is currently under investigation in Brazil for its suspected involvement in pyramid schemes. This development adds to the growing international regulatory scrutiny faced by…
SEC Files Lawsuit Against Coinbase, Leading to 12% Stock Drop, Over Exchange and Staking Programs
The Securities and Exchange Commission (SEC) has taken legal action against cryptocurrency exchange Coinbase, filing a lawsuit in a New York federal court. The SEC alleges that Coinbase has been…
SEC Pursues Alternative Means to Serve Binance CEO, Changpeng Zhao, Amid Rumors of His Whereabouts
In the latest twist surrounding the United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and its CEO, Changpeng Zhao (CZ), the SEC is seeking alternative ways to serve…
Binance Requests Gary Gensler’s Recusal from SEC Lawsuit, Citing Prior Relationship
In a recent development, Binance, the popular cryptocurrency exchange, has called for Gary Gensler, the chair of the United States Securities and Exchange Commission (SEC), to recuse himself from the…
Binance Removes PEPE from Borrowable Assets on Flexible Loan Network
Binance, the leading cryptocurrency exchange, has announced the delisting of PEPE from its Flexible Loan network. As of June 21, 2023, users will no longer be able to access the…
Binance Assists US Authorities in Freezing $4.4 Million Linked to North Korea
Binance, a prominent cryptocurrency exchange, has partnered with US law enforcement agencies to seize $4.4 million worth of crypto assets connected to cybercrime organizations operating in North Korea. The joint…
SEC Files Lawsuit Against Binance and CEO CZ, Citing Violations of Securities Rules
In a significant move by the United States Securities and Exchange Commission (SEC), the regulatory agency has initiated legal action against Binance, the world’s leading cryptocurrency exchange, as well as…
US Securities and Exchange Commission Moves to Freeze Binance US Assets
The US Securities and Exchange Commission (SEC) has reportedly filed a request with a federal court to freeze all assets belonging to Binance US. This action comes just two days…