TrueFi (TRU/USD) has surged by more than 200% since yesterday after Binance announced that it had minted 50 million True USD (TUSD/USD) stablecoins. The move comes days after the US SEC started a regu...
Tag: Binance
Binance Under Fire For Moving $400M, Crypto Daily TV 17/2/2023
In Todays Headline TV CryptoDaily News: Binance moved funds from US affiliate’s Silvergate bank account in 2021. Crypto exchange Binance moved around $400 million in funds from Binance US’...
Binance Starts Minting True USD (TUSD) as TRU Price Explodes
Binance has started minting True USD (TUSD) in response to a U.S. regulatory crackdown on its own stablecoin BUSD. On Feb. 16, the world’s largest crypto exchange minted 50 million TUSD, according to ...
Binance Coin shows strong bullish momentum, but buyers can wait for…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The bullish pattern saw a spectacular failure. Th...
Binance CZ Secretly Accessed $400M User Funds: Reuters Report
Binance US Funds: In what could be yet another setback for crypto exchange Binance and its CEO ‘CZ’, latest reports suggest CZ secretly had access to $400 million worth funds supposedly believed to be...
Binance mints almost 50 million TUSD stablecoin; TRU token rises 200%
Ad Binance has made good on its recent promise to support the stablecoin ecosystem. According to a tweet from Whale Alert, on Feb. 16, Binance purchased nearly 50 million, a stablecoin running on the ...
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea – Featured Bitcoin News
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen ...
Binance Coin Price Analysis & Prediction (Feb 16th) – BNB Attempts $300 But Fails to Reclaim it, More Drops Ahead?
Binance Coin (BNB) Binance Coin finally underwent a correction after experiencing a consistent rally for eight weeks. The price plunged to January 18 low and sharply bounced off. Right now, it looks c...
Merit Peak, firm at heart of Reuters report, operated on Binance.US, exchange admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchan...
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
Though regulatory scrutiny on Binance has intensified following its rival FTX’s collapse in November, Binance has been under investigation by the U.S. Attorney’s Office for the Western District of Was...
Changpeng Zhao Makes Stablecoin Prediction Following SEC’s Binance USD (BUSD) Enforcement Action
The CEO of crypto exchange giant Binance says investors may turn to non-US dollar-pegged and algorithmic stablecoins amid regulatory pressure on Binance USD (BUSD). During a Twitter Spaces AMA on Feb....
TrueFi token clocks triple digit gain as Binance mints TUSD stablecoin
DeFi lender TrueFi’s token, TRU, jumped over 140% shortly after Binance minted $50 million worth of the TrueUSD stablecoin. Binance minted 49.99 million TRU at around 10 a.m. EST today, ...
Binance Admits to Compliance Missteps, but Now in Talks With US Regulators
Leading cryptocurrency exchange Binance had “gaps” in regulatory compliance in the first few years after its launch in 2017, the company’s Chief Strategy Officer (CSO) Patrick Hillmann told the Wall S...
Tether USDT Stablecoin Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
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Binance transferred $400 million from U.S. partner to Zhao-run firm, Reuters says
Binance secretly had access to a bank account of its U.S.-based partner and transferred more than $400 million from that account to a trading firm managed by Chief Executive Officer Changpeng Zhao, Re...
Crypto Exchange Binance Launches Mastercard Debit Card in Brazil
8 hours ago | 2 mins read Exchange News Binance debit card can be used at any location that accepts Mastercard in Brazil. This decision was made when the government finally enacted crypto legislation....
“Get Your Doge Off Of Binance”
Join Our Telegram channel to stay up to date on breaking news coverage Dogecoin Foundation chair member, Mischa ‘Cannoli’ Boar, has taken to Twitter to share thoughts about the recent Binance USD (BUS...
Binance prepared for penalties to end US investigations, details inside
Leading crypto exchange Binance is preparing to face penalties to resolve investigations in the U.S. Sources believe that resolving issues with U.S. regulators would be beneficial to the future of the...
Coinbase Weighs In on SEC Banning Binance USD (BUSD), Says Stablecoins Are Not Securities
Top US crypto exchange Coinbase is weighing in on the regulatory uncertainty swirling around stablecoins this week. The issue is getting attention because New York-based crypto company Paxos said on M...
Rival Stablecoin Warned NY Financial Watchdog About BUSD
Binance USD might just be in hot water because of rival stablecoin issuer Circle. Circle, the creator of USD Coin, warned the New York State Department of Financial Services (NYDFS) in the autumn of 2...
Bitcoin holds firm above $24,000, with crypto prices buoyant as stocks dips
Markets • February 16, 2023, 10:22AM EST Crypto prices continue to climb higher, with bitcoin firmly above $24,000. Equities linked to cryptocurrency and blockchain technology traded down. Bitc...
Binance Prepares To Pay Fines To Settle Outstanding U.S. Regulatory Probes ⋆ ZyCrypto
Advertisement     Binance, the world’s largest cryptocurrency by trading volume, expects to pay fines and monetary penalties to settle ongoing investigations with Unit...
Binance Coin Circles Above $315 And Takes Aim At Previous Highs
Feb 16, 2023 at 12:42 // Price Binance Coin (BNB) price is rising after breaking above the 21-day line SMA. Binance Coin price long term forecast: bullish On February 13, BNB fell to a low of $2...
Binance Expects Fines From U.S Regulators to Settle Investigations
Binance is bracing itself for potential fines imposed by regulators in the United States. The fines would settle existing investigations against the crypto exchange due to misconduct in the past. The ...
Binance launches its Mastercard in Brazil
Binance, the most popular crypto-exchange, has officially launched its Mastercard crypto card in Brazil. The trading platform had announced earlier this year its expansion plan to increase the countri...
Binance Stablecoin Outflows Top $1B as BUSD Supply Shrinks
Binance USD (BUSD) has given up millions in supply as the Securities and Exchange Commission (SEC) flagged plans to sue the stablecoin’s issuer Paxos as part of its crypto regulation tightening. Paxos...
Binance announces the full agenda for its Dubai Workshop
Binance recently announced the line-up and guest list for its Dubai Workshop. Sponsored by Gala Games, the workshop will be divided into three parts. The event is scheduled for February 17, and Binanc...
$1.4 Million Worth of Stolen Funds Frozen by Binance and Huobi
12 hours ago | 2 mins read Exchange News Blockchain analytics company Elliptic conducted the research. Elliptic investigators tracked down the whole amount of stolen monies transmitted. Binance and Hu...
Binance Coin forms golden cross amid SEC settlement hopes
Binance Coin (BNB/USD) price formed a golden cross pattern after the latest news of a settlement with American regulators. BNB rose to a high of $328, which was much higher than this week’s low of $28...
Binance and CryptoCom Move 223 Million XRP
The transactions occurred when the asset leveraged the market-wide rally to recover the losses of the past few days. Binance and Crypto.com recently transferred 223.1 million XRP tokens, valued at $86...
Ed Kim Introduces Signal Proposals To Bring Back Binance LUNC Burns
If the community approves, developers will consider these “optional” features for Terra Classic v1.1.0. In a tweet yesterday, Terra Classic core developer Edward Kim introduced three signal proposals ...