As cryptocurrency firm Paxos was forced to stop issuing the dollar-pegged Binance token BUSD and is facing a lawsuit by the United States Securities and Exchange Commission (SEC) over the issuance of ...
Tag: Binance
Whale Deposits $5.2M In MATIC To Binance
Data shows a Polygon whale has just deposited $5.2 million in MATIC to Binance, a sign that could be bearish for the value of the asset. Polygon Whale Transfers A Large Amount Of MATIC To Binance As p...
Powerful New York Regulator Targeting Top Stablecoin, Binance Confirms Paxos Will No Longer Mint BUSD
A powerful regulator is directing New York-based crypto company Paxos to stop minting the stablecoin Binance USD (BUSD). Binance CEO Changpeng Zhao says the New York Department of Financial Services (...
Binance Coin Dumps Below $300 Following News From US Regulators: Market Watch
Bitcoin had tapped $22,000 hours before the latest regulatory scrutiny coming from the US, this time going after Paxos and the BUSD stablecoin the company issues. Somewhat expectedly, the altcoins hav...
BUSD Issuer Paxos Faces SEC Lawsuit Over Binance Stablecoin
The Securities and Exchange Commission is reportedly planning to sue crypto firm Paxos. The enforcement action revolves around Binance’s BUSD stablecoin which is issued by Paxos. The regulator has all...
Paxos will no longer issue Binance USD stablecoin
The New York Department of Financial Services (NYDFS) ordered crypto infrastructure firm Paxos to stop issuing the stablecoin Binance USD (BUSD), a Binance spokesperson told The Block. “Pa...
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
Join the most important conversation in crypto and web3! Secure your seat today The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar...
Whale Transferred More Than $1 Million Worth of 1INCH to Binance
Lookonchain tweeted yesterday that a crypto whale transferred more than $1M 1INCH to Binance. 1INCH was priced at $0.75 when the specific whale transferred 2 million 1INCH to Binance last August. Curr...
Stablecoin Issuer Paxos Faces SEC Wrath Over Binance USD
According to reports on Feb. 12 citing ‘people familiar with the matter,’ the SEC plans to take action against Paxos over the Binance stablecoin, BUSD. The WSJ report stated that the financial regulat...
SEC to File Lawsuit Against Paxos for Issuing Binance USD
17 mins ago | 2 mins read Exchange News As per reports, the SEC sent out a letter to Paxos. According to the SEC, BUSD is an unregistered security. The U.S. Securities and Exchange Commission (SEC) in...
SEC Drops the hammer on Paxos – Sues The Exchange Over Binance Stablecoin
The United States Securities and Exchange Commission (SEC) has informed Paxos Trust Co. that it intends to sue the company for violating investor protection laws. This move comes as part of the SEC’s ...
Paxos facing SEC lawsuit over Binance USD — Report
The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. it’s planning to sue the firm for violation of investor protection laws in relati...
Canadian University Dubai backtracks on accepting crypto via Binance Pay
Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behi...
Kraken’s staking down, FTX post-bankruptcy hell, Binance news…
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after ...
Binance Announces Upgrade to Proof-of-Reserves Verification
The cryptocurrency exchange Binance made an important announcement regarding an upgrade to its proof-of-reserves verification system on February 10. The company stated that it would now incorporate zk...
Binance adds zk-SNARK verification to its proof of reserves system
Ad Binance has upgraded its proof-of-reserves (PoR) system with zk-SNARK verifications, a form of zero-knowledge proofs that preserves the privacy and security of sensitive user information. Binance C...
Crypto Exchange Binance Withdraws Tron Network Withdrawal Fees Hike
11 seconds ago | 2 mins read Exchange News Earlier, the Tron DAO voted to change the energy pricing technique used on the network. Binance has worked with the Tron project’s development team on the so...
Binance Coin (BNB) Price Analysis for February 10
The correction continues on the cryptocurrency market as most of the coins are in the red zone. BNB/USD Binance Coin (BNB) could not withstand the bears’ pressure, falling by 4.82% over the last...
Shiba Inu (SHIB) Added to Verifiable Assets on Binance: Details
Shiba Inu (SHIB) has now been added to the list of verifiable assets on Binance. SHIB was added to the Binance proof-of-reserves (PoR) system alongside three other tokens: Polkadot (DOT), Chiliz (CHZ)...
Binance increases crypto withdrawal fees following Tron Network’s upgrade
The Tron Network withdrawal costs for all popular cryptos increased. Accordingly, Binance, the world’s largest cryptocurrency exchange, is adjusting withdrawal fees. Withdrawal charges increasing on B...
Justin Sun Working With Binance To Reduce Tron’s Withdrawal Fees
Binance recently increased the Tron network withdrawal fee on its platform. The fee hike ranged from 160% to 1400% per withdrawal. Tron founder Justin Sun has assured users that he is working with B...
Binance Incorporates zk-SNARKs Into Proof-of-Reserve Verification System
10 seconds ago | 2 mins read Exchange News This method enables Binance to demonstrate the status of its assets. The upgrade should greatly increase the safety and openness of the verification procedur...
Binance says it’s adjusting Tron network withdrawal fees to previous levels
Binance, the leading crypto exchange by trading volume, said Saturday that it had reverted withdrawal levels on the Tron network to previous levels after feedback from the community. “Bina...
Binance upgrades proof-of-reserves verification to include zk-SNARKs
On Feb 10, cryptocurrency exchange Binance announced a major upgrade to its proof-of-reserves verification system, saying it would now incorporate zk-SNARKs — a cutting-edge technology Binance reports...
Binance Officially Includes Shiba Inu on Its Proof of Reserves System
The exchange also incorporated zk-SNARK into the PoR system to improve transparency. Binance, the world’s largest exchange by daily trade volume, has officially included Shiba Inu (SHIB) on its Proof ...
Binance Alleged to Have Had Ties to Bitzlato, a Now Defunct (Criminal) Exchange
Just yesterday, Live Bitcoin News put out an article talking about a Russian crypto executive running an unlicensed money transmitting business. Known as Bitzlato, the crypto exchange was an unregiste...
Binance Rushes to Fix Severe Vulnerability on BNB Chain
Binance CEO Changpeng ‘CZ’ Zhao thanked crypto venture capital firm Jump Crypto for reporting a bug on the BNB chain and appreciated the security team. CZ was responding to a tweet by BNB Chain’s chi...
Binance Coin (BNB) Price Prediction 2025-2030: BNB meanders above $300 despite burning
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Binance Coin (BNB) is a digital c...
Binance, Coinbase, Kraken, and eToro confirm they have no Super Bowl ads
Ad Four cryptocurrency exchanges and trading platforms confirmed that they have not placed a Super Bowl ad in statements to Crypto Slate this week. Coinbase, which aired an advertisement during Super ...