Binance allegedly sent more than $346 million in Bitcoin to Bitzlato during May 2018 to its closure last week. Bitzlato’s founder Anatoly Legkodymov was arrested on January 18 for processing over $700...
Tag: Binance
Whale Transfers Over $117 Million Worth Dogecoin to Binance
12 hours ago | 2 mins read Altcoin News The whale made an on-chain purchase of 1,400,000,000 DOGE coins on May 23, 2022. After a dormant period of seven months, the whale resumed trading DOGE tokens. ...
‘FUD Is Temporary’ Binance CEO Changepeng Zhao Tweets Metrics
Changpeng Zhao tweeted about Bitcoin’s performance on Binance in the last three months. Zhao claimed that FUD is temporary but that he couldn’t teach people to ignore it without addressing it. Forbes ...
Crypto Analyst Who Nailed Bitcoin’s 2018 Bottom Warns Binance Coin and One Ethereum Rival Primed for Pullbacks
A popular cryptocurrency analyst and trader is expressing near-term bearish sentiment for Binance Coin (BNB) and one Ethereum (ETH) competitor. Starting with Binance Coin, the pseudonymous analyst Sma...
New Court Documents Show Apple, Netflix, Binance and Coinbase Among Creditors Owed Money by FTX
New court documents reveal that collapsed crypto exchange FTX owes money to a slew of marquee businesses, including Apple and Netflix. FTX, which went bankrupt in November, allegedly owed billions of ...
Bitcoin steady as altcoins pop, aptos hits all-time high around $20
Bitcoin was treading water at around $23,000, while ether and altcoins traded higher. Equities were mixed, with Silvergate down and Coinbase higher. Bitcoin was trading at $23,037 by 10:40 a.m. ...
Binance Coin Remains Above $300, But Faces Further Decline
Jan 26, 2023 at 14:11 // Price Binance Coin (BNB) is consolidating above $300 support as it approaches resistance at $317. Binance Coin price long term forecast: bullish The altcoin’s uptr...
Did Binance Make an Honest Error With Customers’ Funds?
Binance mistakenly kept collateral for some of the crypto assets it issues in the same wallet as funds belonging to its customers, Bloomberg reported Tuesday. The exchange issued 94 so-called Binance-...
Binance Acknowledges Mixing Customer Funds
Binance has admitted not keeping customers’ funds and the platform’s separate, according to Bloomberg report. The cryptocurrency exchange have “mistakenly” mixed some of its Binance-peg tokens (B-Toke...
Crypto Exchange Binance Launches A New Function
As per the company’s blog post, cryptocurrency exchange Binance has announced the launch of a new feature to help API users prevent self-trading on the platform. Details About STP Function This Self-T...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims – Exchanges Bitcoin News
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement opera...
Binance Admits Mistake of Holding Collateral Tokens with User Funds
Yuri Molchan Binance is working to correct mistake of mixing its collateral and customers’ funds In a recent article, Bloomberg reported that Binance has admitted to mistakenly storing the colla...
Binance introduces new API spot trader feature
Cryptocurrency exchange giant Binance has unveiled a new feature that would prevent self-trading activities on the platform. STP to protect against inadvertent self-trade In a blog post on Jan. 25, Bi...
Uniswap Opts For Binance BNB Chain Launch
Join Our Telegram channel to stay up to date on breaking news coverage With more than 80% of the vote, a temperature-checking vote recommending the deployment of Uniswap v3 over BNB Chain was approved...
Bitcoin’s back in the green, Aptos reaches all-time high as major markets end little changed
Bitcoin jumped above $23,200 as Aptos’s APT soared 46% while traditional markets were muted. The largest cryptocurrency was up about 1.6% over the past day at 4:35 p.m. EST after trading l...
Embattled Signature Bank Caps SWIFT Access For Binance, Raising Concerns ⋆ ZyCrypto
Advertisement     A recent update by Binance has revealed that Signature Bank, a major SWIFT gateway service provider, will partially terminate access to Binance custo...
Binance Coin (BNB) and Ripple (XRP) Can’t Keep Up with BudBlockz’s (BLUNT) Impressive Growth
When investing in cryptocurrencies, properly research the market and protect yourself from unforeseen losses. Most catastrophic failures in investment come from poor financial decisions. Thankfully, t...
Bitcoin trading around $22,400 as crypto prices pullback with equities in the red
Cryptocurrency prices began to pullback overnight, with ether leading the drop. Equities were in the red during the early session, with Block and Silvergate declining. Bitcoin was trading at $2...
Open letter to crypto: What is wrong with this industry? Binance pools customer funds with collateral
Exasperation. Irony. Apathy. This week’s story about Binance and its mismanagement of reserves raises many emotions. If you missed it, Bloomberg reported that Binance “mistakenly” pooled collateral fo...
Binance Mixed-Up Customer Funds With B-Token Collateral
The Binance crypto exchange has mistakenly stored customer funds in the same wallet used to store collateral for its Binance-pegged tokens. PoR Reveals Funds Mix-Up According to a report published by...
Binance Commingled Customer Funds With Reserve Assets
Binance admitted that it keeps collateral for its BNB Smart Chain and BNB Beacon Chain versions of 94 crypto assets in the same wallet as customer funds amid uncertainty around its recent audit. Accor...
CZ alleges FTX paid $43m to run Binance FUD in media
Binance head Changpeng Zhao believes that FTX funded most of the FUD reports surrounding Binance recently. FTX-funded FUD on Binance? The Binance CEO held an AMA session in a Twitter space, highlight...
Binance Admits to Mixing-Up Users’ Exchange Funds with B-Collaterals
Binance admitted to storing clients’ exchange funds with B-collateral funds together. The exchange’s spokesperson explained that collateral assets were moved into the wallet in error. Mixup was first ...
Binance admits storing client funds with company collateral
Binance is addressing a financial mistake after it admitted to storing some customer funds in the same wallet with company collateral for in-house tokens. According to information available on the Bin...
Online shopping is made exciting with the all-new Binance Pay & Picodi partnership
Binance has published a blog post to announce that Binance Pay has partnered with Picodi to enable its users to earn crypto cashback rewards. These rewards will be offered to users who access online s...
Binance Acknowledge This Mistake In Customer Funds
As per the Bloomberg report, Cryptocurrency exchange Binance has admitted that it has mistakenly stored collateral for some of its tokens in the same wallet as the exchange’s customer funds. Details A...
Binance Says Management of Its Funds ‘Has Not Always Been Perfect’
Binance has acknowledged that it may have mistakenly kept collateral backing some of its Binance-peg tokens—known as B-Tokens—in the same wallet as other company funds. These B-Tokens allow users to ...
Binance in Trouble for Facilitating Transfer of $346M for Bitzlato
Binance has been named a top counterparty of the now-seized Russian exchange Bitzlato. Reportedly, it facilitated transactions worth $346 million. The world’s leading cryptocurrency exchange is in hot...
Binance Charity Has Plans to Offer Over 30,000 Web3 Scholarships in 2023
The Binance Charity Scholar Program (BCSP) will also offer Web3 courses allowing students to upskill without having to overcome unnecessary financial barriers. Crypto exchange Binance is gearing up to...
Binance Coin repays investor confidence as it soars above $300, will $350 be next
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The retest of the $280 area saw a sharp bullish r...