A move to submit court papers under secrecy has been filed on behalf of the U.S SEC in its civil lawsuit against Binance. More than 35 documents, a statement from Jennifer Farer (a trial attorney for the SEC), and a proposed order were all included in the request. The SEC
Despite its fast expansion and widely dispersed remote workforce, little is known about Binance, the biggest cryptocurrency exchange in the world. Binance continued to be a key participant in the cryptocurrency industry in 2022, despite the bear market, with an average daily trading volume of $65 billion. A lot of
Changpeng Zhao, the CEO of the world’s largest crypto exchange, Binance, stated that he is supportive of self-custody wallets. Moreover, self-custody wallets are not without risks. Through this tweet reply, CZ raised his support for the self-custody wallets. Self custody wallets are not without risks. I am supportive of self
Crypto fraud and digital thefts are threatening the crypto community. Even the FBI (Federal Bureau of Investigation) has taken steps to alert the NFT scams to the users with a public announcement. Likewise, Fireblocks Network, a secure digital asset transferring network has identified the security bugs affecting wallet providers like
A number of Binance’s senior legal and compliance employees have resigned in recent weeks, ostensibly due to the stress of handling several probes into the exchange’s business operations, although Binance strongly disputes this. Binance stated Thursday that it has hired Kristen Hecht as its new deputy chief compliance and global
The U.S. SEC and Binance both filed replies about “Eeon,” a company that wanted to intervene in the SEC’s complaint against Binance on behalf of clients. Binance and the SEC have apparently opposed Eeon’s request to intervene in the action, arguing that it does not comply with the requisite legal
In a recent tweet, Changpeng Zhao, also known as CZ and the CEO of Binance, the world’s largest cryptocurrency exchange, issued a cautionary reminder to the crypto community regarding the potential risks associated with certain aspects of the market, the term “Impermanent Loss.” Let’s explore what it means for DeFi
Binance, the world’s largest crypto exchange, announced that it had completed its 24th quarterly burn. There is a massive amount of BNB tokens that are burned in this quarterly burn. This time, the exchange includes the Auto Burn as well as the Pioneer Burn program. The 24th quarterly $BNB token
Istanbul Blockchain Week gets a seal of approval from HAQQ (Islamic Coin), an ethics-first network committed to empowering individuals and fostering sustainable decentralized finance. As the title sponsor, HAQQ will bring to the forefront ESG-forward and Shariah-compliant advancements within Web3, celebrating a culture of inclusivity and social responsibility. Istanbul becomes
Binance, one of the world’s largest cryptocurrency exchanges, has reportedly laid off over 1,000 employees, including 36 in India. This binance layoff primarily affected customer service workers, and said it to be a result of its aim to reallocate resources and enhance talent density within the organization. Binance had previously
