In mid-December 2022, users of Binance, the largest crypto exchange by volume, began to withdraw funds en masse. Binance has so far proved to be solvent amid this stress test, but could it eventually ...
Tag: Binance
Binance Loses UK Adviser As Scrutiny Over Exchange’s Finances Grows
After crypto exchange FTX went belly up last month following a run on deposits exposed a deep hole in its balance sheet, prominent advocates of cryptocurrencies have been trying to distance themselves...
Binance Coin (BNB) Price Analysis for December 19
Denys Serhiichuk How great is chance to see rise of Binance Coin (BNB) this week? The new week has started with the continued drop of most of the coins. BNB/USD Binance Coin (BNB) is the biggest gaine...
Binance Coin Price Prediction: Here’s Why BNB May Drop Another 20%
Binance coin price prediction: Amid the recent downfall in the crypto market, the BNB price lost a crucial multi-month support of $257-$252. This breakdown releases the coin price from its prior sidew...
Former UK PM’s Brother Jo Johnson Quits As Advisor To Binance
Joseph Edmund Johnson or Jo Johnson, the brother of former UK Prime Minister Boris Johnson, has resigned from his position as an advisor to a subsidiary firm of the Binance crypto exchange. The subsid...
Boris Johnson’s Brother Steps Down from Advisory Board of Binance Subsidiary
Alex Dovbnya As questions began to arise about the transparency of Binance’s finances, Jo Johnson, Boris Johnson’s brother, resigned from his post Jo Johnson, the brother of former U.K. Prime Mi...
Binance Acquires Indonesian Exchange Tokyocrypto
The crypto winter is proving to be unbearable for some, but other businesses enjoy the cold weather. Binance is taking advantage of the current market conditions to expand into the Asian market by acq...
Binance US to Acquire Bankrupt Voyager’s Assets for $1 Billion
Binance’s American entity Binance.US has emerged as “the highest and best bid” for bankrupt Voyager’s assets. The total sum is roughly $1.022 billion, which includes the latter...
Binance completes acquisition of Tokocrypto exchange, TKO token surges 10%
Leading crypto exchange Binance is set to fully acquire Indonesian-based Tokocrypto, following a 100% share ownership in the exchange. As early as 2020, Binance invested in Tokocrypto and owned about ...
1.3 Trillion SHIB Moved Amid This Binance Update
Shiba Inu (SHIB), the world’s second largest meme cryptocurrency is trading under increased selling pressure over the past few weeks. However, Shiba Inu price has dropped the least among the top meme ...
Binance US to buy more troubled assets after Voyager acquisition
Binance US just acquired the bankrupt lending firm Voyager for $1 billion. But reports claim that the US branch of the major crypto exchange is willing to buy more troubled assets. According to Bloomb...
Binance U.S Acquires Digital Assets of Bankrupt Voyager Digital
Exchange News According to a business statement, the value of the asset transaction is $1.022 billion. Voyager’s attempts to free up consumer monies are bolstered by the transaction. The crypto exchan...
Binance Smart Chain User Activity Tanks, Why BNB Price Could Suffer
BNB Price has been seeing a lot of declines since Binance came under fire for the audit published by Mazars. Fear, Uncertainty and Doubt (FUD) had spread like wildfire, leading to more than $5 billion...
Boris Johnson’s brother steps down as Binance adviser amid concerns over the exchange: Report
Jo Johnson, the brother of former United Kingdom Prime Minister Boris Johnson, has reportedly stepped down from his role as an adviser to Binance, according to a Telegraph report. According to the re...
If People Withdrew Everything from Binance US, We Would Still Have Millions in Assets, CEO Says
Binance US chief Brian Shroder assured his followers on Monday that his exchange is prepared to process every last withdraw customer withdrawal – unlike certain competitors. He also expanded on his c...
Binance acquires 100% of Indonesian Tokocrypto after initial investment in 2020
Binance has acquired Indonesian crypto asset trader Tokocrypto, according to local reports on Dec. 19. The purchase was confirmed in a tweet by Binance CEO Changpeng Zhao (CZ), who characterized the d...
Binance Announces Top 3 Most Watched Cryptocurrencies in 2022
Earlier in the day, ETH/USD reached an intraday high of $1,192. Among the top three most-watched cryptocurrencies, Shiba Inu makes a surprise entry. The biggest cryptocurrency exchange by trading volu...
This Week on Crypto Twitter: SBF Arrested! Binance Withdrawals Spike! Former President Pitches NFTs!
Illustration by Mitchell Preffer for Decrypt Just when you thought the torrent of gossip was starting to subside in Cryptoville, this week crypto Twitter was slammed by a barrage of news that turned i...
Binance Scoops up Voyager Assets as Acquisitions Continue
Binance continues its acquisition spree by securing an Indonesian exchange, as it adds Voyager Digital assets to its books. As the world’s largest crypto exchange struggles to find auditors for its pr...
Bankrupt Crypto Firm Voyager Announces Agreement With Binance US To Acquire Its Assets
As Binance makes itself at the top of the headline in the crypto market by raising concerns regarding its proof-of-reserves audit, the crypto giant now attracts fresh attention after signing a deal wi...
Binance Market Share Bounces Back, BNB Price Consolidating
After a tumultuous few weeks in the wake of FTX’s collapse and an unexpected surge in withdrawals, Binance has recovered its market share. The largest crypto exchange is back to holding about 80...
Crypto Analyst Issues Warning on Dogecoin (DOGE), Binance Coin (BNB) and One Ethereum Rival
A closely followed crypto analyst is issuing a warning on leading meme altcoin Dogecoin (DOGE) and two other major digital assets. The pseudonymous analyst known as Altcoin Sherpa tells his 187,000 Tw...
Boris Johnson’s brother resigns as advisor of Binance subsidiary firm
Joseph Edmund Johnson, brother of former UK Prime Minister Boris Johnson, resigned from his advisory role to a subsidiary company of the crypto exchange Binance, the Telegraph reported. Joseph ...
Binance Buys Voyager Assets Amid Heat Over Reserves
Binance Voyager Assets News: While the crypto market is still facing uncertainty around Binance reserves, the crypto exchange officially acquired Voyager assets. The top crypto exchange is going throu...
Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid – Bitcoin News
According to a Binance blog post, Binance US has entered an agreement with Voyager Digital Ltd., in order to acquire its assets. The announcement details that the acquisition “sets a clear path forwar...
Binance controversy persists as experts warn of potential repercussions
Rumours and FUDs on Binance went full steam just behind the latest Federal Open Market Committee meeting last week, which was quite positive. The FUDs included allegations regarding inadequate evidenc...
Bitcoin, Binance Coin, Uniswap, and Monero Daily Price Analyses – 19 December Morning Prediction
The global crypto market has seen a positive trend despite the strong bearish pull. The recent changes for Bitcoin, Binance Coin, and others show that there has been a decrease in gains. The market ha...
Top Reasons Why Binance is Not Next FTX!
Is Mazars’ decision to discontinue crypto auditing related to Binance’s insolvency? Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges, and the recently publish...
Binance to acquire remaining 40% stake in Indonesian exchange Tokocrypto: Source
Binance is fully acquiring Tokocrypto, after first purchasing a controlling stake in the Indonesian crypto exchange in 2020. In May 2020, when the investment in Tokocrypto was first announced, B...
Binance US acquires Voyager Digital assets for $1bn
Binance US agreed to acquire the bankrupt lending firm Voyager for $1.022 billion. The company announced the bid in a press release on Dec. 19. The purchase value is set at $1.022 billion with an incr...
Binance US Will Acquire Voyager’s Assets And Take Over FTX
According to a press release, Binance US will buy Voyager’s assets as part of the bankruptcy proceedings. The company will seek legal approval for the purchase to “the value returned to customers and ...
Binance U.S. Wins Bid To Buy Bankrupt Voyager Digital’s Assets In $1 Billion Deal For Crypto Tokens
Topline The independent U.S. arm of cryptocurrency exchange Binance has landed a bid to effectively bail out crypto broker Voyager Digital and buy its assets for just over $1 billion—capping weeks of ...