Dubai and the UAE have officially requested further information from Binance on the company’s auditing procedures and ownership structure. More crypto regulation has prompted the request, Bloomberg reports, from firms looking to get a crypto license. As per sources, the requests are due to the massive FTX collapse that occurred
On Twitter, people are sharing what seems to be a doctored picture. A picture of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice webpage suggests the cryptocurrency company is in deep legal danger. CZ claims the photo was doctored with Photoshop. This is a photoshopped image. 4 https://t.co/vE5XlvvuQt —
The cryptocurrency market has been abuzz with a recent rumour from an anonymous source claiming that Changpeng Zhao (CZ), the CEO of the world’s top cryptocurrency, has allegedly received a Red Notice from Interpol. The rumour about the Interpol Red Notice issued for Changpeng Zhao (CZ), the CEO of Binance,
Binance, a leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), have lately faced a number of difficulties. Only a few days after the Commodity Futures Trading Commission (CFTC) filed an action against Binance, the cryptocurrency exchange is embroiled in another high-profile legal dispute. On the evening of March 31st,
In the eighth round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burned 1.6 billion LUNC tokens. Binance is responsible for 58% of the total LUNC tokens burnt by the Terra Luna Classic community, which is about 52.5 billion. The eighth release of the LUNC
Ripple (XRP) reached $0.50 for the first time since November 2022. Whale Alert, a tracker, and analyzer of cryptocurrency transactions reported that there is a notable increase in the XRP’s whale transactions. According to Whale Alert, there are 306,063,627 XRP transferred to several accounts within five transactions in the last
The United States Commodity Futures Trading Commission (CFTC) has launched a lawsuit against Binance, the biggest cryptocurrency exchange in the world, and its CEO “CZ,” alleging that they have broken regulations pertaining to cryptocurrency trading and derivatives. When combined with the increased attention and crypto governmental crackdowns that followed FTX’s
Arbitrum’s native lending protocol, Radiant Capital, is analogous to other popular protocols like AAVE and Compound. Unlike more conventional lending protocols, however, Radiant’s lending service is cross-chain enabled. Collateral posted on chain A may be used as security for a loan on chain B. Radiant’s scalability in terms of blockchains
Whale Alert, the tracker and analyzer of cryptocurrency transactions across the blockchain, initially spotted a large amount of Ripple (XRP) transactions to several accounts that happened in the last 24 hours. Several crypto whales moved a large amount of XRP as the embattled crypto asset experienced one of the most
The social dominance of XRP, the cryptocurrency linked to Ripple Labs, has significantly increased recently. Following that, the XRP token has surged over 12% in the last 24 hours to hit a ten-month high of $0.55. This is the first time since May 08, 2022, XRP has achieved this feat.
