The potential existence of a link between Binance and China was brought to light by the Financial Times. The Financial Times said it had certain confidential documents pertaining to the cryptocurrency exchange Binance. The Financial Times pointed (1) out that these records disprove the previous statements made by a number of executives at Binance, including … Read more
The intended sale of Voyager Digital to Binance.US has been put on hold for the time being by Judge Jennifer Rearden, a newly appointed federal judge for the US District Court in the state of New York. According to the ruling that was handed down (1), the previously proposed sale of one billion dollars won’t … Read more
The demand for hazardous assets, such as Bitcoin, has seen a considerable increase recently due to rising global hyperinflation and the fear of a worldwide banking catastrophe. In mainland China, the trading of cryptocurrencies has been illegal since 2017, and the ownership of digital assets such as Bitcoin was made illegal in 2021. Despite this, … Read more
Coinbase also mentioned that consumers would have the choice to cash out their existing BUSD holdings at any time of their choosing. The cryptocurrency exchange, Coinbase has made it public (1) that trading in BUSD has been halted on its platform. We have disabled trading for Binance USD (BUSD). Your BUSD funds will remain accessible … Read more
The world’s largest cryptocurrency trading platform, Binance, has temporarily put “on hold” its plans to acquire the massive cryptocurrency media outlet CoinDesk, which is a part of the Digital Currency Group (DCG). According to a report (1) that cites unnamed sources, the transaction was supposed to be carried out by Binance Capital Markets (BCM) through … Read more
Stablecoins are coming under increasing pressure due to the current crisis, which has witnessed the failure of three large cryptocurrency-backing institutions in the previous few days. Binance has begun changing the remaining portion of its one billion dollar industry recovery funds into other crypto assets as a direct reaction to the latest collapse of at … Read more
Per the announcement made by Binance, the newly included tokens are as follows: MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. Binance is not only the platform that handles the most trading volume, but it also possesses a vibrant market comprising hundreds of tokens made available to consumers. Following the failure … Read more
Binance.US has been given permission to purchase the assets of defunct cryptocurrency lender Voyager Digital in a $ 1 Billion dollar deal. Binance.US will be able to broaden its range of services and boost its standing in the extremely competitive cryptocurrency sector due to the acquisition. The agreement was given the go-ahead (1) on March … Read more
The most recent study published by the Wall Street Journal has once again caused widespread upheaval in the bitcoin industry. As per their sources, Binance, the most significant participant in the business, has been formulating a plan to avoid the possibility of being prosecuted by the relevant authorities in the US. In 2019, the company … Read more
A story sharing exclusive info about Binance’s operations and its participation with authorities was published in the Wall Street Journal on Sunday, March 5, 2019. According to a report from WSJ, cryptocurrency exchange firm Binance expressed interest in employing Gary Gensler as a consultant several years before he was appointed chairman of the SEC in the … Read more