The U.S. Justice Department’s national security division is investigating Binance Holdings to determine whether the cryptocurrency exchange was illegally utilized to allow Russians to move funds through it in violation of US sanctions related to Russia’s invasion of Ukraine, as per the Bloomberg report. This is not the first time
Binance, the world’s largest crypto exchange, has recently announced the listing of the memecoins Pepecoin and Floki Inu in the innovative zone. Following the announcement, Changpeng Zhao, CEO of Binance, stated that memecoins are high risk. Meme coins (and all crypto) are high risk! Remember, no one is forcing you
Israeli authorities have seized over 190 Binance crypto accounts connected to terrorist organizations since 2021. It mentioned a report from Israel’s National Bureau for Counter Terror Financing (NBCTF) that showed two accounts connected to ISIS that had been confiscated to “thwart the activity” of terrorist organizations. These records state that
Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has proven to be a resounding success, with a Cambridge Alt Fin study showing a 99.9% reduction in energy consumption. This milestone has garnered attention from industry leaders. Including Binance’s CEO, who has praised Ethereum’s efforts to create a more sustainable future
Sui Network has gained attention as the first permissionless Layer 1 blockchain. As a result of Arbitrum’s successful airdrops, it is one of the projects that people are most interested in receiving this year. Sui is a proof-of-stake blockchain with horizontal scalability and storage that is completely decentralized. It aims
On the fine evening of April 28, Reuters reported that the cryptocurrency payment card program of Mastercard is about to expand indulging various crypto partnerships. Raj Dhamodharan, the head of crypto and blockchain stated that this decision is taken irrespective of closer scrutiny in the industry from the banks and
In a speech held on Thursday at CoinDesk’s Consensus 2023 conference, a top compliance employee stated that Binance has discovered a way to keep North Koreans away from its crypto exchange. The head of financial crime compliance at Binance, Tigran Gambaryan, emphasized the exchange’s efforts. He declared that his 700-member
ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT) announced today that it will release its first quarter 2023 earnings on Thursday, May 11, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is
Binance, the world’s largest crypto exchange, announced the launch of an innovative AI-driven learning tool called Binance Sensei on April 24. The crypto exchange has announced the launch in its blog post. The new AI chatbot is integrated with the Binance Academy. The chatbot instructed to provide information in an
Initial Exchange Offerings (IEOs) are becoming increasingly prevalent in cryptocurrencies. These IEOs allow new and innovative projects to raise capital from investors by selling their tokens on a cryptocurrency exchange. Binance Launchpad is one such platform that hosts IEOs for some of the most promising blockchain projects. Top 10 IEO's
