Fri, September 20

Search Results for: Changpeng Zhao

Will Ethereum Price Surpass Second Resistance at $2.7K Levels?

The crypto market, as another week begins, showed mild dips in market cap and trading volume. In the last few days, leading cryptocurrencies took bullish turns after several weeks of price slump. Bitcoin surpassed $60K for the first time after the August first-week price dip. Meanwhile, the market has seen

August 26, 2024 2 mins read

Are Justin Sun’s WBTC Withdrawals a Strategy or a Warning Sign?

Tron [TRX] founder Justin Sun is once again in the spotlight, this time for his involvement with Wrapped Bitcoin (WBTC). Recently, Sun’s wallet, identified as “0xbe6,” withdrew 637 WBTC (valued at $40.8 million) from Binance on the Ethereum blockchain, just eight hours prior. This activity follows a custody deal with

August 26, 2024 2 mins read

Istanbul Blockchain Week Welcomes Arkham as Title Sponsor

Arkham Intelligence has become the title sponsor for this year’s Istanbul Blockchain Week. The partnership marks a significant milestone, demonstrating significant industry interest in Turkiye and the exchange of knowledge and technology present at the event. Arkham is the industry’s leading blockchain intelligence company, known for providing data-driven Alpha by

August 1, 2024 4 mins read

Will Binance Coin (BNB) Break Through the $600 Barrier?

As Bitcoin grapples with a downtrend, many top altcoins are experiencing significant declines. However, Binance Coin (BNB) turns positive in this turbulent market. Recent developments surrounding Binance and its former CEO, Changpeng Zhao, could be fueling this optimism. Following a prolonged legal dispute, the U.S. Securities and Exchange Commission (SEC)

July 31, 2024 2 mins read

Is Binance US Ready for a Protracted Legal Battle with the SEC?

Binance US, the American arm of the giant cryptocurrency exchange, is prepared for an extended legal battle with the Securities and Exchange Commission (SEC). The company emphasizes its commitment to regulatory compliance while criticizing the SEC’s approach to enforcement. Despite a prolonged 11-month discovery process, the US entity claims that

July 2, 2024 1 min read

SEC Lawsuit Against Binance Sparks Market Debate

In a pivotal legal showdown, the largest cryptocurrency exchange Binance faced a mixed outcome in a recent court ruling against the U.S. Securities and Exchange Commission (SEC). Judge Amy Berman Jackson decided to proceed with several claims from the SEC, including allegations related to Binance’s staking program. And initial coin

June 29, 2024 2 mins read

How Binance Plans to Address Rising Account Misuse Incidents? 

Crypto exchange Binance announces its ways to address the misuse actions by account holders. It stated that some of the platform’s features are exploited by users to gain unfair advantages including better fee rates and extending API limits.  To prevent such actions, the exchange plans  to reward individuals for reporting

June 27, 2024 2 mins read

Terraform Labs Reaches $4.47 Billion Settlement with U.S SEC

Terraform Labs has reached a $4.47 billion settlement with the U.S SEC, ending the allegations brought against it. Reuters was the first to report the settlement, which will make it the second high-profile case in the cryptocurrency industry to pay a settlement of more than $4 billion. As part of

June 12, 2024 2 mins read

BNB Price Drops Following Record All-Time High

Binance Coin (BNB), the native token of the world’s largest crypto exchange, soared to a record high of $720 on June 6th. However, within a week, its value tumbled to $616, leading to a 7.13% decline over the past 24 hours. Moreover, BNB’s market capitalization surged to over $109 billion

June 11, 2024 1 min read