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Search Results for: CZ

Ethereum (ETH) Price Consolidates Amid Low Volatility

Ethereum, the second-largest cryptocurrency by market capitalization has shown relatively neutral momentum. Currently priced at $1,850, it is yet to breach the $2,000 mark, a level achieved two weeks prior. This came after a partial win for Ripple in the SEC lawsuit, which was short-lived. Examining the past month, Ethereum

August 13, 2023 2 mins read

Self-Custody Wallets are Not Without Risks Says Binance CEO

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

August 11, 2023 2 mins read

Fireblocks Identifies Security Bugs in Crypto Wallets Including Binance

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

August 10, 2023 2 mins read

Binance Granted Full Operating License in El Salvador

Binance has recently announced it has been granted a full license to operate in El Salvador. This landmark event coincides with the rising acceptance of Bitcoin (BTC) as legal money in the nation. The exchange has made history with this statement by being the first cryptocurrency exchange to be granted

August 8, 2023 2 mins read

Shiba Inu (SHIB) Rolls Back With a 17% Surge in a Month

Shiba Inu (SHIB), one of the popular memecoin cryptocurrencies has surged abruptly with an increase of 5.50% in the last 24 hours. Meanwhile, SHIB gave a jaw-dropping moment in regard to its last month’s performance with a 16.16% surge. $SHIB great pump https://t.co/GCNcZIoWdb pic.twitter.com/QUNYyAARMn — $SHIB KNIGHT (@army_shiba) August 4,

August 4, 2023 2 mins read

Revolut Suspends Crypto Trading Services for U.S Customers

Revolut has decided to discontinue offering cryptocurrency trading services to US users as of September 2023. This is due to regulatory uncertainties in the US. On Friday, August 4th, a Revolut representative stated that from September 2nd, the company will no longer enable customers in the United States to purchase

August 4, 2023 2 mins read

Binance Hires New Compliance Officer Amidst Ongoing Legal Probes

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

August 3, 2023 1 min read

Binance Japan Accepts New Users Amid Regulatory Shifts

Binance Japan, a subsidiary of crypto exchange Binance, will soon begin accepting new users on its recently released platform in Japan. Two years ago, authorities issued a warning to the exchange for operating illegally in the country. Introducing #Binance Japan: A Dedicated Platform for Residents in Japan 🇯🇵https://t.co/BDOFWQFOc1 — CZ

August 1, 2023 2 mins read

SEC and Binance Oppose Eeon’s Intervention in Legal Proceedings

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

July 29, 2023 2 mins read

Crypto Exchange Binance Drops Crypto License Pursuit in Germany

Binance, the world’s largest crypto exchange, has decided not to pursue a license from BaFin, Germany’s financial watchdog. Earlier, German authorities notified it that they would not provide a cryptocurrency custody license, leading to this decision. In response to scrutiny from authorities all across the globe, Binance has likely implemented

July 26, 2023 2 mins read