Sat, November 30

Former Binance CEO Changpeng Zhao Sentenced to Four Months in Jail

Changpeng Zhao (CZ), the former CEO of Binance, pled guilty to charges of money laundering and was sentenced to four months in jail on Tuesday in Seattle. In his statement to the sentencing judge on Tuesday, Zhao expressed regret and a desire to own up to his “mistakes.” The Verge

May 1, 2024 2 mins read

Coinbase Integrates Lightning Network for Improved Bitcoin Transactions

Launching support for the Lightning Network today, crypto exchange Coinbase gives its customers a quicker and cheaper option to transfer, receive, or pay with bitcoin straight from their account. In the past, Coinbase’s bitcoin transfers were handled on-chain, which meant that they may take anywhere from ten minutes to two

April 30, 2024 1 min read

Coinbase Announces QCAD Listing to Expand Cryptocurrency Offerings

Coinbase, a leading cryptocurrency exchange based in the US, has unveiled plans to include QCAD on its platform. This move aligns with Coinbase’s strategy to diversify its asset offerings, presenting users with a broader range of trading choices. Notably, QCAD stands out from previously listed altcoins as it is a

April 30, 2024 1 min read

U.S Prosecutors Seek 36-Month Jail Time for Binance Founder CZ

U.S prosecutors submitted a court filing alleging that Binance founder Changpeng Zhao violated anti-money laundering rules (AML) and recommended a 36-month jail sentence for Zhao. The most recent information is that on April 30, Zhao, who resigned as Binance head in November of last year, would be sentenced. A maximum

April 24, 2024 2 mins read

Binance Faces Lawsuit in Canada Over Alleged Securities Violations

Plaintiffs in a new class-action lawsuit in Canada are claiming that Binance, a cryptocurrency exchange, has broken Canadian securities rules. On April 19, the certification motion for the class-action lawsuit against Binance was published by Ontario’s Superior Court of Justice. The lawsuit claims that Binance provided crypto derivative products to

April 24, 2024 2 mins read

Binance Introduces Spot Copy Trading, Offers Automated Trading Advantages

Today, Binance, the leading blockchain ecosystem behind the biggest cryptocurrency exchange globally in terms of trading volume, revealed the launch of its much awaited spot copy trading strategy tool. In May 2024, the functionality will be completely pushed out for all users. Experienced users who fulfill the minimum portfolio asset size criteria may

April 23, 2024 3 mins read

Thailand Cracks Down on Unlicensed Cryptocurrency Exchanges

In an effort to curb online crimes like money laundering, the Thai government will ban any cryptocurrency exchange that does not have the proper permission to operate within the nation. The Thai SEC will notify the Ministry of Digital Economy and Society of all unauthorized cryptocurrency exchanges in Thailand. Following

April 22, 2024 2 mins read

Kraken Acquires TradeStation Crypto, Boosting U.S. Regulatory Footprint

Kraken, a cryptocurrency exchange, has acquired TradeStation Crypto, boosting its regulatory license in the U.S. TradeStation Group, a division of Monex Group, has a digital assets subsidiary called TradeStation Crypto. The acquisition is a component of Kraken’s strategy to expand its footprint in the US, according to a company representative.

April 19, 2024 1 min read

Binance Launches ‘Megadrop’ for Exclusive Access to Web3 Projects With Rewards

The world’s biggest cryptocurrency exchange by trading volume, Binance, the leading global blockchain ecosystem, announced the launch of ‘Megadrop’ today. Transparent incentives are offered to qualified participants on this groundbreaking token launch platform. Megadrop, which is now available on the global exchange, is a further demonstration of Binance’s commitment to leading the

April 18, 2024 2 mins read

Binance Reportedly Plans Return to Indian Market Post $2 Million Fine

Although the Indian government outright banned Binance earlier this year, the biggest cryptocurrency exchange in the world is getting ready to rejoin the Indian market. According to those familiar with the situation, Binance’s re-entry plan includes paying a fine of around $2 million. In order to demonstrate its dedication to

April 18, 2024 2 mins read