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The Latest Breaking News from Binance

'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

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

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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

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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

Bitcoin hovers near $22,000 as crypto weathers regulatory woes

Bitcoin traded back above the $22,000 price level as concern about a widening crackdown by regulators eases.

The Times of India

US crackdown seeks to push crypto back to the fringes of finance

Crypto’s free pass is getting yanked as the most powerful US financial regulators rapidly close key doors to the country’s banking system.

The Times of India

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.

Fortune

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.

ABC News

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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

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.

The Times of India

Indian crypto exchange WazirX moves funds after Binance cuts off service

Indian crypto exchange WazirX said it was transferring funds held with Binance for its operations to other wallets after Binance said it was cutting off the service, the latest in a running dispute between the two companies over their relationship.

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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.

Zenger

Bitcoin Relief Rally Spurs Big Crypto Gains

After ending the previous year deep in the red, cryptocurrency prices are soaring again on the back of sudden buying

The Guardian - US

Sam Bankman-Fried claims ‘I didn’t steal funds’ in first response to FTX case

Disgraced cryptocurrency boss says FTX customers could get their money back in statement published on Substack

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