Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, and its U.S. subsidiary, Binance.US, find themselves at the center of a class-action lawsuit filed by California resident Nir Lahav. The lawsuit, which was filed on October 2 in the District Court of Northern California, alleges various violations of federal
Binance, the world’s largest cryptocurrency exchange, has issued a call to action for its European users holding euros. The exchange advises users to convert their euro balances into Tether (USDT) before the end of October. This move comes as a result of it losing the support of its banking partner,
Planetarium Labs, a blockchain company pioneering the decentralized multi-player gaming industry, has recently announced the launch of the Bounties & Beyond Chronicles (BNB Chronicles) through the help of BNB Chain to ensure mass adoption. The launch of BNB Chronicles highlights the long-standing backing that Planetarium Labs receives from Binance Labs,
After its collaboration with Paysafe lapsed, Binance France reportedly advised its users to quickly change their fiat holdings into cryptocurrencies. Notably, on September 25th, the agreement that allowed for the deposit and withdrawal of euros came to an official end. Meanwhile, the exchange sees this as an opportunity to attract
The global cryptocurrency market has maintained stability and is witnessing a slight recovery. Meanwhile, Binance, the world’s largest cryptocurrency exchange, has made the decision to sell its Russian unit as part of its strategic exit from the Russian market. Over the past 24 hours, the cryptocurrency market has displayed significant
Binance, the world’s leading cryptocurrency exchange, has recently announced its decision to exit the Russian market by selling its assets to a day-old exchange called CommEX. CommEX was launched on September 26 and it has already introduced BTC/USDT and ETH/USDT trading pairs for spot trading, demonstrating its ambition to quickly
Binance, a cryptocurrency exchange, has announced that it is once again available to customers in Belgium, after earlier difficulties caused by European Economic Area rules. Binance announced on September 25th, 2023, that it will begin offering its services in Belgium. After more than three months, the exchange has announced it
While major cryptocurrencies, including Bitcoin, grapple with a downtrend in the market, the low-cap altcoin Terra Luna Classic (LUNC) has jumped to life with a significant breakout of a descending channel pattern. The cryptocurrency has gained nearly 12% (from $0.00005667 to $0.00006372) in intraday trading, and this unexpected surge has
Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng Zhao, known as CZ, have jointly filed a motion to dismiss the United States Securities and Exchange Commission (SEC) lawsuit against them. The filing, made on September 21 in the United States District Court, argues that the SEC exceeded its
Changpeng Zhao (CZ), CEO of Binance, has responded to the concerns around Ceffu by dismissing reports that Binance’s U.S. branch is affiliated with Ceffu. Ceffu was originally known as Binance Custody, and the continuing dispute between the United States SEC and Binance-affiliated entities, especially Binance U.S, over their apparent relationship
