Wed, February 12

Binance CEO Submits His Response Against the SEC Lawsuit

As of now, the top cryptocurrency exchange, Binance has submitted its responses against the lawsuit claimed by the Securities and Exchange Commission (SEC). The CEO of Binance, Changpeng Zhao reached out to the court responses and it seems the heat of the moment.  Considerably, the judgment relies on the U.S.

June 13, 2023 1 min read

Binance Bullish Against SEC: Netflows Exceed $521M

Cryptocurrency exchange Binance had been through one of the worst turbulent outflows in the past week due to the SEC lawsuit. Reportedly, the exchange remarkably recorded a positive netflow of $521 million, as per data from the Web3 analytics tool 0xScope. In the last 24 hours, Binance witnessed an inflow

June 13, 2023 1 min read

Binance Confirms the Return of Bitcoin Button Game

The Bitcoin button game, initially launched by Binance last year, has returned due to its immense popularity. Binance, a leading cryptocurrency exchange globally, continues to offer engaging initiatives that allow users to stay active and earn free rewards.  The return of #BitcoinButton! One #Bitcoin, One Button, One Winner. How to

June 13, 2023 1 min read

Binance U.S Market Share Declines Almost 80% Post SEC Lawsuit

Investors are fleeing Binance and its sibling business Binance US because of their legal problems with U.S. authorities. Kaiko, a cryptocurrency analytics business, reports that since the SEC complaint was filed last week, market depth on the US sibling exchange has dropped by roughly 80%.  Binance and its US-based sibling

June 13, 2023 2 mins read

Binance U.S Recruits Former SEC Official Amid SEC Lawsuit

A former enforcement officer has reportedly been recruited by Binance US as part of its legal team to help defend itself against claims of operating as an unregistered securities exchange amid a lawsuit filed by the United States Securities and Exchange Commission (SEC). George Canellos, previously of the SEC and

June 13, 2023 2 mins read

BNB Price Dips to Low Amidst the SEC Legal Battle

The largest crypto exchange, Binance, native cryptocurrency BNB, witnessing a massive decline due to the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Binance.  The lawsuit brought by the SEC against Binance has had a significant impact on the token BNB. And the crypto token price

June 12, 2023 2 mins read

U.S Senator Cynthia Lummis Pushes for Regulatory Framework for Crypto

Senator Cynthia Lummis of the United States made headlines when she turned to Twitter to promote her efforts to create a legislative framework. That would allow people and businesses to own and trade digital assets inside the United States. Lummis has been collaborating with Senator Kirsten Gillibrand on a new

June 11, 2023 2 mins read

Did Binance Secretly Revise the User’s ‘Terms of Use’?

Subject to the conditions, Binance has quite updated its Terms of Use lately, this Tuesday. However, the revised Terms of Use explain the listing and delisting authority towards Binance with no proper concerned notice in advance.  Binance’s Current Services According to the Binance services, the user activities are monitored with

June 11, 2023 1 min read

Binance’s CEO Speaks Out: CZ Binance Clears Air on $392M Outflow

Navigating the stormy seas of cryptocurrency, trading platforms like Binance encounter daily waves of change. Binance, a global crypto exchange arena forerunner, recently noted a net outflow of around $392 million over just one day. However, this figure might not be as alarming as it initially seems. According to our

June 10, 2023 2 mins read

Nigerian SEC Orders Binance to Halt Operations Calling It Illegal

On Saturday, the Nigerian Securities and Exchange Commission called Binance, the biggest cryptocurrency exchange in the world, “illegal” to operate in the country. Binance’s legal woes stem from a complaint filed by the US Securities and Exchange Commission against the cryptocurrency exchange and several affiliated companies. The Securities and Exchange

June 10, 2023 2 mins read