The U.S. Securities and Exchange Commission has continuously filed lawsuits against the top crypto exchanges, including the world’s largest crypto exchange, Binance. After the lawsuit, Binance gained a lot of support from the crypto community. Binance and CZ have been selling spot Bitcoin at an alarming rate, to defend the
In a shocking turn of events, SEC Chair Gary Gensler faces accusations of a potential dual role involving his relationship with Binance. Lawyers representing Binance and its founder Changpeng Zhao have alleged that Gensler, currently taking strong actions against the crypto world had offered to serve as an advisor to
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
On Monday, Changpeng “CZ” Zhao, the CEO of Binance, tweeted that the cryptocurrency exchange will take legal action against Justin Sun, the founder of Tron, if he attempts to misappropriate the SUI airdrop offered by Binance Launchpool beginning on May 1. Our team told Justin, if he uses any of
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
Binance the biggest cryptocurrency exchange in the world, has briefly stopped all spot trading, deposits, and withdrawals due to an issue that it is trying to fix. We are aware of an issue impacting spot trading on Binance. All spot trading is currently temporarily suspended as we work to resolve
Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange has expressed his regrets about the media and their reporting. As mentioned in his tweet, the crypto-related publications delivered detailed reporting about the outflow of funds from Binance during the month of December 2023. But he considers the media is
Luke Dashjr, a Bitcoin developer and one of the core developers, claimed his PGP (Pretty Good Privacy) key was hacked. This resulted in the theft of nearly almost 200+bitcoins on Dec 31. On January 1, he tweeted that the developer had stated that the hackers had gained access to his
Binance, a major crypto exchange, was purportedly utilized by a Mexican-based international drug cartel to launder millions of dollars. And the exchange assisted police in identifying the criminals. And CZ has stated that, unlike currency, crypto is not a useful instrument for unlawful activity. Because blockchain is transparent. According to
Binance, the top cryptocurrency exchange in the world, declared on Wednesday that it will not proceed with the acquisition of FTX. As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will
