Yikes. Another day, another major crypto company facing rumours of insolvency, as the old saying goes. Twitter is alive the past 24 hours with frenzied concern about Binance. But is it merely paranoid...
Tag: Binance
Almost $2 Billion out of Binance After Criminal Charges News: Details
Gamza Khanzadaev Binance experiences spike of withdrawals as almost $2 billion are out after sensational news Crypto analytics portal Nansen reports a large outflow of funds from leading cryptocurrenc...
Binance Withdrawals Surge after the FUD on its Proof of Reserve Report
Binance’s net outflows reached $902 million in the last 24 hours. Binance CEO CZ tweeted, “Ignore FUD. Keep building.” The world’s largest cryptocurrency exchange by trading volume, Binance, flooded w...
Binance clarifies USDC withdrawals were due to token swap, replenishing hot wallet
Binance CEO Changpeng ‘CZ’ Zhao blamed banks for the exchange delay in processing USD Coin (USDC) withdrawals in a Dec. 13 tweet. CZ added: “These are 1:1 conversions, no margin or l...
Binance Coin Tumbles 5% Overnight, Bitcoin Tops $17K (Market Watch)
The cryptocurrency market saw hints of recovery during the past 24 hours, which turned out to be particularly eventful. The total capitalization sits at around $880 billion, as BTC tops $17K once agai...
Binance Rumors And FUD Ramp Up
On CT (Crypto Twitter), rumors are making the rounds about alleged problems at the world’s largest crypto exchange Binance. Rumors are currently rampant about payout problems, dwindling reserves, inve...
‘feel free to withdraw any other stablecoin’
Binance CEO Changpeng Zhao stepped in to reassure clients after the world’s biggest crypto exchange experienced more than a billion dollars of outflows. After acknowledging that Binance ha...
FTX Falls Toon Finance (TFT) Joins Binance To Clean Up Sam Bankman-Fried
Recently, many cryptocurrency users lost a lot of money when the platform Celsius went bankrupt. Our team did some research to see what would happen to your assets on different types of crypto platfor...
Binance Labs Leads Funding Round For Web3 Project
In a new development, the venture capital arm of the largest global crypto exchange, Binance Labs, has made a foray into Web3 technology. It recently revealed plans to lead a funding round for GoPlus ...
XRP Bullish Signal: Whale Withdraws $33 Million From Binance
Data shows a whale has withdrawn $33 million worth of XRP from Binance, a sign that could be bullish for the coin’s price. XRP Whale Takes Out $33 Million From Crypto Exchange Binance As per data from...
Bull Strength Dwindles as Binance Coin (Bnb) Trends Southwards
Binance Coin (BNB) market was dominated by bears BNB’s bullish trend established support around $275 Traders should be wary in future because the histogram is downward. At the start of the day, the Bi...
BNB surpasses ETH on this front, but can Binance Coin investors truly rejoice
BNB outperformed Ethereum in terms of TVL BNB’s latest partnership in the GameFi space could give BNB a much-needed push Binance Coin [BNB] outperformed Ethereum [ETH] yet again in terms of its total ...
U.S. Justice Department undecided about charging Binance as the crypto market struggles
Join Our Telegram channel to stay up to date on breaking news coverage Splits among US Department of Justice prosecutors are delaying the resolution of a protracted criminal investigation into Binance...
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance, the world’s largest crypto exchange by trading volume, endured a wave of withdrawals on Monday amid concerns about its proof of reserve report. Net outflows, the difference between the value ...
Binance hits out at Reuters, USDD loses peg, Paxful delists ETH
The biggest news in the cryptoverse for Dec. 12 includes Binance saying “Reuters has it wrong again,” obscure token takes up 15% of ETH gas fees, USDD loses peg, and more CryptoSlate Top Stories XEN c...
Will Binance Face Criminal Prosecution for Possible Money Laundering?
Binance and CEO CZ may be in additional danger as authorities discovered irregularities in the cryptocurrency exchange’s compliance program, which is the subject of an ongoing investigation that began...
Crypto Problems Grow: Binance Might Face Money-Laundering Charges
The end of the year is proving very eventful, even tumultuous, for the crypto industry. The fledgling blockchain-powered financial-services industry is still wondering what and who will be the collate...
Justice Officials Divided Over Binance Criminal Investigation
U.S. Department of Justice prosecutors have become divided in their approach to a long-running criminal investigation into Binance. The DOJ has reportedly been investigating the world’s largest crypto...
Prosecutors Split Over Charging Binance, CZ: Report
U.S. Department of Justice prosecutors are divided on whether they should move ahead with filing criminal charges against Binance and its top executives, including CEO Changpeng Zhao, Reuters reported...
Binance and Its CEO at Risk of Criminal Charges Over AML Rules: Report
The cryptocurrency exchange Binance and executives including CEO Changpeng Zhao are at risk of U.S. criminal charges over compliance with U.S. money-laundering laws and sanctions, according to a repor...
Reuters’ exclusive on possible Binance investigation triggers discussion on bias
Following the publication of Reuters’ exclusive on the alleged Binance investigation, the crypto community raises the question of the planned ‘attack’ on crypto. On Dec. 12, Reuters published a major ...
‘Reuters Has It Wrong Again,’ Says Binance In Response To Reports Of DoJ Charges: Report
– Advertisement – Binance refutes a Reuters report that the DoJ is preparing to place charges on the crypto exchange. Binance, in a tweet today, has refuted details of a report from Reuter...
Kraken Founder Jesse Powell Says Binance Has ‘Big Red Flag’, Criticizes Recent Proof-of-Reserves Report
Kraken founder Jesse Powell is criticizing Binance’s proof-of-reserves report as increased scrutiny of the finances of crypto exchanges circulates through the industry. Responding to former U.S. Secur...
Is there a plot to bring Binance and crypto down?
Mainstream media has reported that the Binance Proof-of-Reserves audit was not actually an audit. Others have joined the fray. Binance fights back. A recent report in the Wall Street Journal states th...
Binance Investigating Abnormal Price Movements on Crypto Exchange, Locks Withdrawals on Some Accounts
The world’s largest crypto exchange says it is probing certain accounts after noticing abnormal trading behavior on its platform. Binance says it is taking precautionary measures after noticing atypic...
Binance Denies Reports On Money Laundering Allegations
Binance, the largest cryptocurrency exchange in terms of volume, has responded to an article published by Reuters claiming that the U.S. Department Of Justice found credible evidence of violating U.S....
Changpeng Zhao and Binance Under Federal Investigation for Potential Money Laundering Violations: Report
U.S. Department of Justice (DOJ) prosecutors are reportedly divided over whether or not to file money laundering charges against the world’s largest crypto exchange and its CEO. According to a new Reu...
Binance denies US DOJ looking to prosecute the exchange, says Reuters is ‘wrong’
Binance said on Dec. 12 that Reuters falsely stated that the U.S. Department of Justice is looking to prosecute Binance over money laundering changes. In the statement, Binance claimed that Reuters wa...
DOJ Mulls Bringing Criminal Charges Against Binance: Report
Key Takeaways Binance could soon be hit with charges of unlicensed money transmission, money laundering conspiracy, and criminal sanctions violations, according to a Reuters report. The officers in ch...
Bitcoin flirts with $17,000 as Binance token price plunges with big week ahead for markets
Cryptocurrencies and crypto-related stocks had a mixed start to the week, while GBTC saw the discount on the fund’s net asset value approach 50%. Bitcoin whipsawed above and below $17,000 ...
Binance’s transparency in the crypto sector
The world’s largest exchange platform Binance, is the promoter of transparency in the crypto sector. With the aim of exporting transparency and promoting trust in the crypto ecosystem, Binance is shar...