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The Latest Breaking News from Binance

Is Binance okay? Events this week had the crypto industry on edge

The crypto market jitters about Binance this week were likely overblown—but there are still reasons to be concerned about the health of the world's biggest crypto exchange.

Fortune · Dec 16, 2022

Binance auditor withdraws from working with crypto company

World’s largest cryptocurrency exchange, which has been hit by $6bn of withdrawals this week, seeks replacement for Mazars

The Guardian - UK · Dec 16, 2022

Binance was once FTX's rival and possible savior. Now it's trying not to be its sequel

Binance temporarily froze withdrawals after customers withdrew more than $1 billion worth of crypto on Tuesday, fueling fears more crypto companies could collapse.

WEKU · Dec 16, 2022

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Gulf, SCG urge government to assist Thai firms globally

Gulf Energy Development and Siam Cement Group (SCG) are urging the government to improve Thai companies so they can stand out in the global business arena.

Bangkok Post · Dec 16, 2022

Shaq distances himself from crypto, despite once being a paid spokesperson for FTX

“A lot of people think I’m involved, but I was just a paid spokesperson for a commercial,” O’Neal said, referring to his association with the failed cryptocurrency exchange FTX.

Fortune · Dec 15, 2022

Crypto is riddled with accounting scandals. Could the Big Four solve that?

Few crypto companies rely on the services of major accounting firms. Maybe that should change.

Fortune · Dec 15, 2022

Investors desert Binance

Thai cryptocurrency pundits are recommending investors withdraw digital assets from Binance amid a run on the world's largest crypto exchange, moving their money to a safer crypto exchange in Thailand regulated by the Securities and Exchange Commission (SEC).

Bangkok Post · Dec 14, 2022

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Star-studded Senate hearing illustrates massive divide over crypto in D.C.

Without Sam Bankman-Fried in attendance, senators focused on the future of the volatile industry.

Fortune · Dec 14, 2022

Sam Bankman-Fried: the crypto pioneer behind one of the largest financial frauds in history

The 30-year-old is facing decades in jail after being found guilty of fraud. So how did the FTX founder end up here? Amy Francombe reports

Evening Standard · Dec 14, 2022

Binance founder insists ‘business as usual’ after $1bn pulled out in a day

Changpeng Zhao calls withdrawals a ‘stress test’ as investors continue to react to FTX collapse

The Guardian - UK · Dec 14, 2022

Who is Sam Bankman-Fried and why was the FTX founder arrested in the Bahamas?

The former ’King of Crypto’ is currently behind bars

Evening Standard · Dec 14, 2022

Who Sam Bankman-Fried was going to blame for FTX’s collapse – until his arrest

Founder and CEO of cryptocurrency exchange could not appear before Congress

The Independent UK · Dec 13, 2022

Jitters spread around crypto market amid FTX founder arrest

Crypto exchange Binance has sought to reassure customers it had enough reserves

Evening Standard · Dec 13, 2022

Timeline: The rise and spectacular fall of FTX

The crypto exchange was founded in 2019 and attracted big-name investors such as Singapore’s sovereign fund Temasek.

Al Jazeera · Dec 13, 2022

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Fortune · Dec 13, 2022

Former FTX CEO Sam Bankman-Fried arrested by Bahamian authorities

The Bahamian government said the U.S. has filed criminal charges against Bankman-Fried.

Fortune · Dec 12, 2022

Federal prosecutors can't decide whether to hit Binance and its execs with indictments after 4 years of investigating

The U.S. began looking at the company in 2018 after reports that criminals were among users of the exchange.

Fortune · Dec 9, 2022

Coinbase tells customers to switch to stablecoin it cofounded—without fees

The company implied that the fallout of FTX put “some stablecoins to the test.”

The Conversation · Dec 7, 2022

Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'

If you have been watching the Fifa World Cup in Qatar closely, you will have noticed the advertising on the hoardings around the pitch. Alongside the usual names – Adidas, Coca-Cola, Visa – there are some new ones, including Crypto.com, the Singapore-based cryptocurrency and payment platform.

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Fortune · Dec 6, 2022

The crypto billionaire who helped expose SBF's insolvency calls him 'one of the greatest fraudsters in history' and accuses media and thought leaders of being manipulated

Binance CEO CZ is speaking out against SBF after FTX’s collapse and arguing he had nothing to do with his rival’s downfall.

Fortune · Dec 5, 2022

KuCoin CEO defends exchange amid high-yield product backlash

Are crypto platforms adequately educating users about risk?

Bangkok Post · Dec 4, 2022

Crypto's path to deep crisis is well-worn

Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance and even fraud in many corners, most notably at the crypto exchange FTX. And FTX's spectacular collapse comes on the heels of other recent failures in the cryptosphere, such as Terra-Luna, Three Arrows Capital or Voyager Digital.…

Fortune · Nov 26, 2022

Wall Street’s ‘Dr. Doom’ calls crypto ‘corrupt gambling’ and rips ‘proof of reserves’ trumpeted after FTX collapse

Nouriel Roubini warned on Saturday, “Crypto is corrupt gambling where the house always & systematically front runs the retail suckers that get rekt.”

Bangkok Post · Nov 25, 2022

Equities pause as market takes stock of Covid cases

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

The Guardian - AU · Nov 25, 2022

‘I am not a rich person’: 30,000 Australian FTX customers left out of pocket after collapse

Exchange’s local administrators flooded with emails from investors, with claims of up to $1m to date

ABC News · Nov 24, 2022

ASX closes up, Euro stocks rise on hopes of smaller US rate hikes, Binance in $US1 billion crypto bailout

Australian shares close higher as European stocks rise on hopes of smaller interest rate rises from the US. Meanwhile, Binance announces a $US1 billion crypto bailout.

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