Markets • February 15, 2023, 1:46PM EST Crypto prices were up across the board, while Blur’s native token clocked huge volumes on its first day of trading. Bitcoin was up 3.3% over the pa...
Tag: Binance
Binance And Huobi Seized $1.4 Million Crypto Funds Linked To North Korean Hackers
Crypto hacks and scams have become prevalent, and cryptocurrency platforms must be one step ahead to arrest the situation. In a recent report, Binance and Huobi announced the seizure of $1.4 million i...
Binance: Push Protocol arriving to BNB chain
BNB is the native cryptocurrency on Binance’s blockchain, BNB Chain, also known as BSC (Binance Smart Chain). Theoretically BSC is a decentralized blockchain, but in practice it is controlled by a sma...
Binance sees surge in withdrawals amid spooked investors
As a direct result of the recent announcement that Paxos and its stablecoin Binance USD might be subject to regulatory action, the cryptocurrency exchange Binance has experienced a significant increas...
Another $1.4M in Funds Stolen by Lazarus Group Frozen by Binance, Huobi
It’s been over half a year since the Harmony bridge was breached, allowing hackers believed to be a part of the Lazarus Group to make off with about $100 million in cryptocurrencies at the time they w...
Stablecoin Issuer Paxos Categorically Disagrees With SEC’s Notice Alleging That Binance USD Is a Security
New York-based crypto company Paxos is pushing back against the idea that stablecoin Binance USD (BUSD) is a security. In a statement released on Monday, Paxos says it received a “Wells Notice” from t...
$1 Billion Outflows Recorded on Binance in Wake of BUSD News: Details
Tomiwabold Olajide Binance records $1 billion in outflows as withdrawals surge in wake of BUSD news According to Dune Analytics data shared by crypto analyst Ali Martinez, top crypto exchange Binance ...
BNB Token Plunges as Binance, Paxos Shutter BUSD Stablecoin Product
The recent regulatory action against Paxos and Binance over the partnership’s dollar-pegged stablecoin has spooked investors. Following the crackdown from the SEC and the New York Department of ...
Binance USD (BUSD) Stabilizes at $1 After CEO Clarifies Connection to Paxos-Issued Token
The Binance USD (BUSD), the third-largest stablecoin by market cap, is returning to its intended $1 peg after Binance CEO Changpeng Zhao commented on the crypto exchange’s connection to the popular Pa...
Binance U.S. To Launch Shiba Inu Trading Against Dollar
Binance.US to introduce SHIB/USD trading pair from February 24, 2023, and delist KSHIB. Binance.US, the world’s leading exchange based on daily trading volume, has made a significant announcement for ...
Binance relies on the ChatGPT AI model
In a recent blog post, Binance stated its support for the AI model ChatGPT, highlighting its potential to help improve cryptocurrency adoption and education. The chatbot developed by OpenAI went viral...
Binance and Huobi Freeze Accounts Holding 1.4M Stolen Digital Assets
Binance and Huobi froze accounts containing $1.4 million worth of digital assets. The frozen funds are connected to the Harmony Bridge heist in June 2022. The crypto analytics platform Elliptic probed...
Paxos to Cease Minting New BUSD and End Relationship with Binance
The New York Department of Financial Services (NYDFS) has directed Paxos to cease issuance of new BUSD tokens, effective Feb. 21. “BUSD will remain fully supported by Paxos and redeemable to onboarded...
Binance Appoints Former Gemini Executive as New CCO
Binance’s brand relation in the Paxos-BUSD dispute is under scrutiny. Noah Perlman worked for more than 3 years at the crypto exchange Gemini since 2019. The largest cryptocurrency exchange Binance on...
Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Ad Binance has hired and promoted a compliance executive who formerly worked for its competitor, Gemini, according to a Feb. 14 report from the Wall Street Journal. The report indicated that Noah Perl...
Binance says ChatGPT could help crypto adoption; Here’s how
Although the text-based artificial intelligence (AI) platform ChatGPT can be used by cryptocurrency enthusiasts for amusement, such as to write a rap song about Bitcoin (BTC), its usability in the cry...
Circle Spotted Dodgy Dealings At Binance, And Told The Feds… –
Join Our Telegram channel to stay up to date on breaking news coverage Circle, a stablecoin issuer, reportedly blew the whistle to the New York Department of Financial Services (NYDFS) regarding Binan...
Top 3 Binance Launchpad Tokens Below $60M Market Cap To Watch In February 2023
Binance Launchpad is a special platform that gives users early access to exciting new crypto assets from numerous projects and promotes awareness and adoption of these projects. Binance Launchpad Toke...
Binance Praises ChatGPT Over Assisting Crypto Adoption and Education
9 hours ago | 2 mins read Exchange News The crypto trading platform gushed over the revolutionary possibilities. ChatGPT demonstrates the vast potential for AI and the impressive growth of the industr...
What BUSD’s fallout means for Binance Coin’s [BNB] future
BNB price fell, its trading volume hit monthly high, whales dumped BUSD after regulator’s 13 February decision. Traders short BNB as NFDFS shared reason for earlier resolution. Binance Coin [BNB], the...
Did You Know Crypto Makes You More Attractive? Binance Survey Says So
A new survey conducted by the world’s largest cryptocurrency exchange Binance discovered that having an interest in crypto could make people more attractive. Binance conducted the study from February ...
CZ Responds to Reports That Circle Reported Binance to Regulators
The Binance chief does not believe the reports. Binance Chief Executive Officer Changpeng Zhao, fondly called CZ in the crypto space, has asserted that he does not believe a recent Bloomberg report th...
Binance Coin’s [BNB] breakdown beneath $300 means traders can prepare for…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The H4 market structure of BNB was flipped to bea...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
US SEC allegedly notified Paxos of an upcoming lawsuit tied to Binance USD (BUSD)
Join Our Telegram channel to stay up to date on breaking news coverage The US SEC has made a series of drastic moves targeting the crypto sector. First, it announced that unregistered staking is no lo...
Binance, Circle, and Paxos Receive Regulatory Scrut
It has been claimed that the New York State Department of Financial Services, often known as the NYDFS, received a complaint about Binance’s reserves from the stablecoin issuer Circle prior to t...
Crypto Whales and Sharks Unload More Than $200,000,000 in Binance USD in Past Day Amid Regulatory Uncertainty: Santiment
Crypto whale and shark addresses unloaded more than $200 million worth of Binance USD (BUSD) in a single day amid the regulatory uncertainty swirling around the stablecoin, according to the analytics ...
SEC Scrutiny Against Paxos Led Massive Binance Withdrawals
59 seconds ago | 2 mins read News Over 388 BUSD has been burned in the last 24 hours. The stablecoin trading around the $0.99 price range. Since the announcement of the US Securities and Exchange Comm...
Binance Stablecoin Is a Security, SEC Tells Paxos: WSJ
Paxos, the issuer of Binance-branded stablecoin BUSD, could reportedly be sued by the US Securities and Exchange Commission (SEC) for violating investor protection laws. The Wall Street Journal report...
Circle Sounded Initial Alarm Over Binance Reserves To NYDFS
According to a new report, USDC issuer Circle sounded the alarm about Binance’s BUSD stablecoin and its reserves to the NYDFS. Circle’s complaint to the New York regulator came before the NYDFS direc...
Serious about your crypto project? Binance’s CEO says you should move.
Binance CEO Changpeng Zhao suggested crypto entrepreneurs might need to move to a country more favorable to cryptocurrencies and digital assets amid what appears to be a growing crackdown by U.S. regu...