It has emerged that despite its $4.3 million deal with the U.S. Department of Justice (DOJ), Binance is still facing attacks from the SEC. But apparently, Binance is not backing down. The exchange recently challenged the regulatory legitimacy of the financial regulator, particularly forcefully.
2023 marks a new era, where Binance, the titan of crypto exchanges, sees its empire wobble. Meanwhile, OKX, another key player in the market, climbs the ranks with remarkable assurance. But what could have caused this upheaval on the crypto chessboard?
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with boldness and creativity. In this weekly recap, we will delve into the most significant news of the past week, from the unexpected resilience of Bitcoin in the face of pessimistic predictions from the ECB, to the soaring rise of XRP, and the latest legal developments regarding Binance.
A striking bullish signal suggests a skyrocketing rise in the price of the BNB crypto, promising exciting prospects.
Few names resonate with as much authority as Binance in the crypto sphere. Yet, even this giant seems to stumble, as illustrated by the recent performance of its BNB token. While the crypto market has experienced a spectacular surge, BNB struggles to keep pace, highlighting the complexity and unique challenges that this influential platform faces.
The transfer of the cryptocurrencies earned from this drop will occur in mid-January.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with audacity and creativity. In this weekly recap, we will explore the most significant news of the past week.
Binance played the role of a catalyst for the rise of LUNC. The crypto exploded by 60% following an announcement from the exchange.
The fact that Changpeng Zhao (CZ) is facing the full force of U.S. law has not prevented him from sharing a poignant testimony about Bitcoin (BTC). The former CEO of Binance recounts how his decision, a decade ago, to invest his entire being into the flagship cryptocurrency, completely changed his life. However, he does not call on users to emulate him.
Accused of promoting risky investments with Binance, Ronaldo finds himself the subject of a class action lawsuit. Details here!
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Discover the transformation of Binance under Richard Teng: a traditional financial structure focused on transparency and compliance.
Recently, the crypto platform Binance and the United States Department of Justice (DOJ) reached an agreement to abandon the investigations conducted against the company. Interestingly, the Securities and Exchange Commission (SEC) did not participate in the agreement. According to some analysts, this stance is anything but innocent.
As part of the agreement he signed with the US Department of Justice (DOJ), Changpeng Zhao (CZ), the former CEO of the crypto exchange Binance, pleaded guilty. The arrangement spares the company he founded from a trial that could destroy it. As for him, he will still have to face the full force of the law. His defense lawyers have just proposed a rather unprecedented sanction option for their client.
The Binance affair takes an unexpected turn as U.S. prosecutors attempt to prevent the former CEO CZ from leaving the United States. The risk of flight looms, raising crucial questions about the future of the crypto exchange.
Binance is at a decisive crossroads. With major regulatory challenges and growing mistrust, a new captain comes aboard the platform, Richard Teng. But the big question remains: will he be able to navigate these troubled waters and regain lost trust? Let's embark together to explore this saga worthy of a financial thriller.
In the turmoil of the Binance affair, its founder CZ finally breaks his silence. He asserts his mental stability despite legal challenges. And of course, this unexpected statement is not without repercussions.
The crypto universe is reaching a significant milestone. The involvement of financial giants like BlackRock and Vanguard, as well as the recent statement from Hester Peirce, a commissioner at the SEC, signal a decisive turning point. Let's take a closer look at these developments and their implications for the future of crypto.
A judge has allowed CZ, the former CEO of Binance, to reside in the UAE awaiting his sentence. A decision that will influence the future of crypto!
Binance is currently experiencing a challenging period in the United States. According to the latest information from Bloomberg, the US Department of Justice is reportedly seeking $4 billion from the Exchange to settle its investigation into allegations of money laundering and other alleged illegal activities.
The potential link between the crypto firm Binance and terrorism financing is still stirring reactions. Specifically in the United States, where Congress has called on the federal administration to shed light on this allegation. This is to be done by openly addressing certain aspects of this issue.
Yesterday, crypto firm Binance and the SEC jointly filed a lawsuit seeking a restraining order. The judge outright rejected the request. Here are the reasons given by Judge Amy Berman Jackson, who ruled on the case.
At the Binance Blockchain Week 2023 in Istanbul, the largest crypto platform announced a major development: the launch of its Web3 wallet. This innovation promises to free users from the age-old fear of losing their recovery phrase - a turning point that could mark a new era for the millions of Web3 enthusiasts.
After several months of litigation, the case between Binance and the SEC is far from over. The SEC has taken legal action against the world's largest crypto exchange. But Binance has challenged the SEC's authority by filing a motion to dismiss the case against them. What exactly is the status of the lawsuit? Focus on the latest news on the Binance v SEC case.
Up until now, Ripple's cryptocurrency has struggled to regain its January 2018 levels, during which it was trading at $3.40. Nevertheless, its recent performances have not failed to impress observers. Should we expect an XRP bull run like other major cryptocurrencies? Time will tell. Let's delve into the details!
As the crypto sphere barely recovers from its usual rollercoaster rides, a new stir has ignited the community. Binance has released a message as cryptic as the currencies it handles. “The key to integrating the next billion,” the enigma left for a crowd of hungry speculators, skyrocketed the BNB price beyond 250 $. The date of November 8 is now marked as a significant moment, synonymous with a potentially groundbreaking announcement.
On this day, a major revelation shakes the crypto sphere: Binance closes the chapter on its dealings with Russia by terminating its ruble payment partnership. This event not only demonstrates the volatility of alliances in the digital arena but also emphasizes the weight of current geopolitical stakes.
In the crypto sphere, where every day brings its share of surprises, Binance's supremacy is suddenly put to the test. The giant among crypto exchanges sees its throne shaken by the meteoric rise of the CME Group. But how did we get here?
Binance, one of the leading cryptocurrency exchange platforms, is facing a technical obstacle. Cryptocurrency withdrawals are temporarily suspended, causing concern among users. What exactly is happening?