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But Binance’s future at the top of the crypto world is now far from certain as it faces a record $4.3 billion payout to US authorities to resolve criminal charges.
CRYPTO exchange Binance was placed on Singapore’s Investor Alert List (IAL) and investigated by the Commercial Affairs Department, after the Monetary Authority of Singapore (MAS) received several ...
Investors’ lack of trust is best seen in the performances of Binance Coin (BNB) and Binance USD (BUSD), the two tokens bearing the exchange’s name. BNB lost 29% of its value in the past two ...
Binance tokens (B-tokens) are Binance-blockchain compatible versions of stablecoins such as tether (Binance-Peg USDT), with $3.2 billion in circulation, and popular cryptos including ether ...
As Binance’s Chief Compliance Officer admitted, “we do not want [Binance].com to be regulated ever.” (Another damning quote from this COO, dating back to December 2018: “we are operating ...
Binance makes money primarily from collecting fees on crypto trades. Zhao started the company in China in 2017, and later relocated to avoid a Chinese government crackdown on digital assets.
Binance has made over 150 venture investments totalling $1.9 billion since 2018, according to PitchBook data. Zhao also created a $1 billion fund to invest in struggling crypto companies after the ...
To buy Solana (SOL), start by choosing a reputable cryptocurrency exchange that supports it, such as Binance, Coinbase, Kraken, or KuCoin. After selecting your exchange, create an account by providing ...
Binance paused withdrawals a few hours ago, CZ tweeted. He appeared to be referring to Ankr’s loyalty token aBNBc, which was targeted by the hack, according to Binance.
Binance Is Hiding U.S. Crypto Trading Activity, Regulator Says The Commodity Futures Trading Commission wants to permanently bar the cryptocurrency exchange and its founder from commodities markets.
According to CZ, Binance's situation on Tuesday wasn't comparable, and he blamed it on a bank being closed. But in a memo to employees, obtained by NPR, CZ also indicated that Tuesday was not a ...
Binance's exposure would depend on whether sanctioned parties traded on the platform and whether Iranian clients dodged the U.S. trade embargo as a result of their transactions, four lawyers said.