On June 6, the crypto world was stunned by the news of the state of affairs of one of the world’s largest crypto exchanges, Binance. First, Reuters published an investigation regarding the laund...
Tag: Binance
Reuters report says Lazarus Group used Binance to launder stolen funds
In September 2020, hackers from the North Korean Lazarus Group broke into Slovakian crypto exchange Eterbase and stole currency worth roughly $5.4 million. Using only encrypted email addresses, the ha...
Portuguese Football Club Benfica Partners Socios to Launch Fan Token
Portuguese football club SL Benfica announced today it has partnered with crypto fan engagement firm Socios.com to launch fan tokens. The move makes it the first football club in the country to launch...
Bitcoin, Binance Coin, Hedera Hashgraph, and Filecoin Daily Price Analyses – 7 June Morning Price Prediction
The global crypto market has been going through a reversal as the losses for Bitcoin, and other coins in the market have speeded up. The changes in the market have been speedy, as a single day has cos...
Binance Labs Invests In PancakeSwap As CAKE Soars Nearly 10% – crypto.news
The world’s leading crypto exchange service provider, Binance, announced another new move by its venture arm. Binance revealed that its venture arm, Binance Labs, has purchased a significant stake in ...
Binance Faces SEC Scrutiny Over 2017 BNB Coin Offering
Key Takeaways Binance is facing an investigation from the SEC over whether the firm’s initial coin offering amounted to the sale of a security. Since the SEC investigation news broke yesterday, ...
SEC to Investigate if Binance IPO Broke Securities Laws
The United States Securities and Exchange Commission (SEC) is investigating whether Binance violated securities laws with its initial coin offering (ICO) in 2017. Sources told Bloomberg that the SEC ...
Justin Sun: Tron Send $100M USDT To Binance To Buy Additional Bitcoin and TRX as Reserves
– Advertisement – TRON DAO Reserve To Buy $100 Million Worth Of BTC And TRX As Reserves. TRON is arguably one of the largest blockchain networks in the industry. It was founded by Justin...
Binance Reportedly Faces Probe From the US SEC Over BNB’s Sale
Cryptocurrency exchange giant Binance is reportedly under investigation by the U.S. Securities and Exchange Commission (SEC), which is probing the sale of the crypto company’s native coin BNB. Accordi...
Binance Coin [BNB] loses $290; could it expect a bounce in next two days
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin appeared to promise a bullish breakout after it reached t...
Binance Under SEC Investigation for BNB
3 hours ago | 2 mins read Editors News BNB is accused of being security and Binance has broken the law by selling it. Binance US states it follows all laws imposed by the US regulatory. The US Securit...
Binance Refutes ‘Skewed’ Money Laundering Claims
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Binance CEO Refutes Money Laundering Report
Binance CEO “CZ” on Tuesday refuted a Reuters report that the exchange facilitated about of $2.35 billion worth of illegal transactions. CZ released over 50 pages of email records between Binance’s c...
New SEC investigation into Binance?
According to financial newspaper Bloomberg, the SEC is reportedly investigating Binance’s BNB token offering in 2017. Binance’s BNB token offering may not have been in compliance according to the SEC ...
After Ripple’s XRP, SEC Now Investigates Binance For Violating Security Regulations – Coinpedia – Fintech & Cryptocurreny News Media
The SEC has been curious to bring enforcement actions over popular ICOs for raising funds. The U.S Securities and Exchange Commission (SEC) has now launched its investigation on the world’s fifth-larg...
Vietnam Blockchain Association Signs Strategic Partnership with Binance To Drive Blockchain Innovation
The Vietnam Blockchain Association and Binance crypto exchange co-announced on Monday for establishing a strategic partnership. Through this strategic partnership, The Vietnam Blockchain Association ...
One Year On! El Salvador Marks Bitcoin Legal Tender Anniversary
Today makes it a year since El Salvador publicly revealed plans to adopt bitcoin as legal tender. On June 06, 2021, the president of El Salvador, Nayib Bukele, announced that a Bitcoin bill would be s...
PancakeSwap’s Native Token Once Surged by Nearly 10% after Binance Labs Sets Foot in Ecosystem
After Binance Labs, the incubation and venture capital arm of crypto exchange Binance made a strategic investment in PancakeSwap, the network’s utility and governance token, CAKE, which has once soare...
Bad day for Binance with SEC investigation and Reuters exposé
The United States Securities and Exchange Commission is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, B...
At Least $2.4B in Crypto Has Been Laundered Through Binance: Report
A new report from Reuters estimates that at least $2.35 billion in illicit funds have been laundered through Binance between 2017 and 2021. The news agency analyzed court records, spoke with law enfo...
North Korean Hackers Used Binance for Laundering Millions of Dollars Worth of Crypto: Reuters
Alex Dovbnya Bad actors have laundered billions of dollars worth of crypto with help of Binance, according to Reuters According to an investigation conducted by Reuters, the Lazarus Group, a notorious...
Binance Labs Makes Undisclosed ‘Strategic Investment’ in PancakeSwap
Binance’s venture capital and incubation arm announced it invested in CAKE, the utility and governance token of decentralized exchange (DEX) PancakeSwap. The undisclosed investment is part of th...
Binance Reportedly Under Investigation by U.S. SEC Over BNB Token Sale
The United States Securities and Exchange Commission (SEC) is reportedly investigating leading cryptocurrency exchange company Binance over unregistered token sales. Per a Monday Bloomberg report, th...
Binance Labs Makes Strategic Investment in PancakeSwap
Binance has invested in the PancakeSwap decentralized exchange through its Binance Labs investment arm in a bid to grow global tech adoption. Binance Labs, the venture capital arm of crypto exchange B...
The Weeknd’s first crypto-powered world tour is sponsored by Binance
Music icon the Weeknd is a trailblazer in his own right, and now he is set to become one of the first artisst to integrate Web3 into his global concert tour with his recent collaboration with Binance....
U.S. SEC Launches Investigation Against Binance Coin (BNB)
Per a Bloomberg report, the U.S. Securities and Exchange Commission launched a probe against crypto exchange Binance’s native token Binance Coin (BNB). The Commission is investigating Binance Holdings...
Binance Allegedly Aided $2.35 Billion Money Laundering
An inquiry into the world’s largest crypto exchange, Binance, financial activities by Reuters, reveals that the exchange platform has aided in laundering no less than $2.35 billion in corrupt funds, o...
Binance Refutes Reuters Claims That It Helped Criminals Laundered $2.3 Billion
Leading cryptocurrency exchange Binance has responded to an investigative report published by Reuters that claimed the trading platform helped bad actors to launder over $2 billion worth of digital as...
Binance Facilitated Crypto Theft for Years, Says Investigative Report
Binance facilitated at least $2.35 billion in transactions from illicit sources between 2017 and 2022, according to a Reuters report. The investigative report claims that billions of dollars in crypto...
Ethiopia’s Central Banks Says Cryptocurrency Payments Are Illegal
The National Bank of Ethiopia (NBE) has revealed that it never gave authorization for cryptocurrencies to be used in the country as payment methods, local media reported Monday. Crypto Payments Illega...
Vietnam Blockchain Association teams up with exchange giant Binance
The Vietnam Blockchain Association has revealed a partnership with the Binance cryptocurrency exchange. The partnership’s goal is to foster the development of blockchain technology in the country. Bin...