Mon, June 22

Fake News of Interpol Red Notice on Binance CEO CZ Put to Rest

On Twitter, people are sharing what seems to be a doctored picture. A picture of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice webpage suggests the cryptocurrency company is in deep legal danger. CZ claims the photo was doctored with Photoshop. This is a photoshopped image. 4 https://t.co/vE5XlvvuQt —

April 4, 2023 2 mins read

Market Share of Binance Drops 16% Due to Recent Developments

Binance, a popular cryptocurrency exchange, has been the target of regulatory scrutiny and a lawsuit from the US Commodities and Futures Trading Commission (CFTC) in the last month on allegations that it violated the CFTC’s derivatives rules. As a result, Binance saw a significant reduction in its market share of

April 4, 2023 1 min read

Japan Warns Four Crypto Exchanges for Unregistered Operations

Japan’s Financial Services Agency (FSA) has warned and classified four cryptocurrency exchanges – Bybit, MEXC Global, Bitforex, and Bitget – as “unregistered crypto asset exchange business operators.” The regulator confirmed that the listed crypto exchanges violated the “Fund Settlement Act” and conducted their operations without registration “at the time of

April 3, 2023 2 mins read

Binance, CEO CZ and Several Influencers Hit With $1B Lawsuit

Binance, a leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), have lately faced a number of difficulties. Only a few days after the Commodity Futures Trading Commission (CFTC) filed an action against Binance, the cryptocurrency exchange is embroiled in another high-profile legal dispute. On the evening of March 31st,

April 2, 2023 2 mins read

Crypto Exchange Binance Burns 1.6 Billion Terra Classic (LUNC) Tokens

In the eighth round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burned 1.6 billion LUNC tokens. Binance is responsible for 58% of the total LUNC tokens burnt by the Terra Luna Classic community, which is about 52.5 billion. The eighth release of the LUNC

April 2, 2023 1 min read

Coinbase CEO Backs ChatGPT Development Despite Heavy Criticism

The CEO of the biggest cryptocurrency exchange in the United States, Coinbase, has spoken out against calls to temporarily halt ChatGPT’s enhancements. Despite support from several high-profile figures in the IT sector. Brian Armstrong recently tweeted: “Count me among the people who think this is a bad idea. There are

March 31, 2023 2 mins read

Frozen FTX and Alameda Assets Worth $157M To Be Returned by OKX

After a recent petition filed in the FTX bankruptcy proceedings. Leading cryptocurrency exchange OKX detailed intentions to restore frozen digital assets related to Sam Bankman-Fried’s crypto firms, FTX and Alameda Research. The Seychelles-based exchange said that it has launched an inquiry into FTX to ascertain whether or not the company

March 31, 2023 1 min read

European Division of Defunct FTX Exchange Restores Withdrawal

Investors in FTX are still reeling from the platform’s bankruptcy and the ensuing uncertainty about the future of their assets on the platform. Nonetheless, for the time being, European consumers have a window of opportunity to withdraw funds. The European branch of the cryptocurrency exchange, known as FTX EU, has

March 31, 2023 2 mins read

Coinbase Wallet Now Supports Polygon zkEVM

On March 27, Polygon launched zkEVM Mainnet Beta, enabling their first transaction done by Ethereum’s co-founder sending 0.005 ETH. Earlier today, Polygon zkEVM is supported on one of the Coinbase products, Coinbase Wallet.  Congrats to the @0xPolygon team for this big web3 innovation! 👏 Polygon zkEVM is supported on Coinbase

March 31, 2023 2 mins read

Binance’s Net BTC and ETH Outflow Post CFTC Lawsuit Quite Consistent

The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s

March 31, 2023 1 min read