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The Latest Breaking News from Binance

Binance isn’t FTX. It’s much bigger and more systemically important to crypto

In every single corner of the crypto landscape, one name pops up: Binance.

Tribune News Service

The most striking claims in the CFTC’s lawsuit against Binance

The top U.S. derivatives regulator’s lawsuit against crypto giant Binance Holdings Ltd. and Chief Executive Officer Changpeng Zhao hammers at the company’s alleged concealment of rules violations in a breakneck pursuit of growth.

Tribune News Service

The long-awaited crackdown on crypto's Binance is here and it has chat messages about alleged criminal clients: 'Like come on. They are here for crime'

The complaint filed against Binance alleges the company's top executives knew of and "tolerated" criminal activities facilitated by the platform.

Fortune

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read the most diverse news in one place.

Bitcoin, Ether, Coinbase fall after CFTC sues Binance

The stocks of several crypto mining companies also took a dive.

Fortune

US regulator sues crypto exchange Binance and boss Changpeng Zhao

Complaint alleges firm grew US business despite stated intent to block US customers from platform

The Guardian - UK

'Binance knew they were violating CFTC rules': Top crypto exchange sued in U.S. federal court

The agency accuses Binance of disregarding U.S. laws to increase profits.

Fortune

Binance CEO Changpeng Zhao sued by US watchdog over alleged trading rules breach

Binance founder and CEO Changpeng Zhao has been sued by the US Commodity Futures Trading Commission after the crypto firm was accused of breaching trading rules.

Evening Standard

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Federal Judge Blasts SEC for Poorly Argued Attempts To Claim Cryptocurrencies Must Be Regulated by Them

SEC agents cannot explain to a federal judge what its policies and attitudes regarding virtual currencies are—or how they are going to impact the industry.

Reason

Binance once tried to hire SEC Chair Gary Gensler

The SEC chair rejected the offer, and those of several other companies, while he worked at MIT from 2018 to 2021.

Fortune

Binance aggressively converted rivals' stablecoins in a massive cash grab. It didn't always tell its customers

Blockchain data suggests Binance may have been converting users' collateral without permission.

Fortune

Binance’s chief strategy officer fears strict U.S. crypto regulation could ‘choke out’ the industry and cause ‘real market volatility’

Binance’s Patrick Hillmann told Insider increasing U.S. crypto regulations are going to cost American investors over time on Monday.

Fortune

If Binance can but a deal with regulators, it will be a game-changer

A deal would have huge implications for Binance and the crypto industry—if it goes through that is.

Fortune

The 5 best cryptocurrency apps and exchanges for February 2023

We compared various crypto apps and exchanges and weighed account minimums, cryptocurrency offerings, fees, mobile app ratings, and more.

Fortune

Investors take billions of dollars out of Binance USD stablecoin after regulator forces creator Paxos to stop issuing it

Paxos burned at least $380 million worth of the stablecoin this week.

Fortune

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Fortune

What the regulators' move against Binance and Paxos means for crypto

The SEC and the state of New York just went after Binance's stablecoin and the firm that issues it.

Fortune

Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD

Binance says that the market cap for BUSD will decrease over time.

ABC News

Cryptocurrency exchange Kraken to shut down staking service for US users, pay $43 million in fines

The settlement marks the regulator's first crackdown on staking, a common service offered at both centralised and decentralised crypto exchanges, including most of the major exchanges such as Coinbase and Binance.

Financial Times

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

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news in one place.

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Fortune

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

Fortune

Binance suspends bank transfers of U.S. dollars

The world’s biggest crypto exchange says only 0.01% of customers will be affected.

Fortune

Fortune and Mark Wahlberg's Unrealistic Ideas to produce SBF-CZ crypto documentary

The story of crypto's most fateful rivalry is coming to the screen with exclusive access to the CEO of FTX's biggest competitor.

Zenger

Adding Milk To Your Coffee May Be Good For You

Coffee beans are filled with the antioxidant, polyphenols, naturally occurring antioxidants, important for humans. The post Adding milk to your coffee may be good for you appeared first on Talker.

Daily Mirror

My £6,000 fraud case could be solved, but the police won't even try

Fraud victim's dismay as Action Fraud say they are no leads - despite one clear line of enquiry

Fortune

The banking industry is turning its back on crypto, adding insult to injury for the reeling sector

Signature is the latest crypto bank to pull back its services.

Fortune

Binance admits to further management issues with stablecoin assets

The world’s largest crypto exchange has come under scrutiny for lack of transparency with its wallet administration.

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