The U.S DOJ have filed charges against Kucoin Exchange and its co-founders Chun Gan and Ke Tang, alleging that they broke many laws in their pursuit of building a dominant trading platform in the emerging cryptocurrency market. United States Attorney for the Southern District of New York Damian Williams and
In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request
The largest layer-1 blockchain by user count, BNB Chain, and Binance Academy, the crypto learning hub of Binance, have teamed to launch a new online course called “BNB Chain Developer Specialization“*. The course’s goal is to give aspiring Web3 software developers the tools they need to promote growth in the
As part of its bankruptcy settlement, the now-defunct cryptocurrency exchange FTX is reportedly planning to sell its about $1 billion stake in artificial intelligence company Anthropic, as reported by CNBC on March 22. The report states that Anthropic is in the process of evaluating potential investors to buy the stake,
Crypto exchange OKX has decided to end its operations in India, about three months after nine international exchanges were sent compliance letters by the Financial Intelligence Unit (FIU) of India’s Ministry of Finance. Please close your accounts and withdraw your assets before April 30th, OKX said in a notification addressed
Following its recent spate of unscheduled failures, crypto exchange Coinbase has said that it would have to upgrade its infrastructure in order to adequately address the problem. If Coinbase wants to significantly reduce the number of outages it has had in the last several weeks, it has to invest heavily
In an effort to secure the release of the Binance executives currently jailed in Nigeria, officials from the Nigerian High Commission in Kenya were met with by the Blockchain Association of Kenya (BAK). Nadeem Anjarwalla is a member of the group and a colleague of Binance’s who is now detained
Binance has introduced a reward that may pay out between $100,000 and $5 million to anybody who comes forward with information on possible corruption or insider trading on the platform. Book of Meme (BOME), a meme coin based on Solana, was revealed to be listed on Binance on March 16.
Crypto exchange Binance reported on March 18 that the value of its assets under custody had surpassed $100 billion. When compared to the $40 billion that was recorded last year, this accomplishment is substantial. Reasons cited by Binance for the growth include the exchange’s dedication to maintaining a 1:1:1 ratio
Changpeng Zhao (CZ), co-founder and ex-CEO of Binance, unveiled a new initiative on Monday and promised to provide more information shortly. Instead of a new token, CZ announces a “Education project” in an X post. No details about the project’s scope or compatibility with the Binance platform have been disclosed.
