Binance, one of the world’s biggest cryptocurrency exchanges, is in hot water after being accused of freezing all the crypto funds belonging to Palestinians. Here’s a breakdown of what’s happening and why it’s causing such a stir. The Accusation Ray Youssef, a well-known figure in the crypto world and CEO
India’s Enforcement Directorate (ED) has taken a giant leap in battling cryptocurrency fraud. Following a high-profile scam linked to the gaming app E-Nuggets, the ED, grappling with the complexities of seizing digital assets, created its own cryptocurrency wallet. This strategic shift allows them to securely manage and control nearly $12
A new Bloomberg article reported that Binance founder and former CEO Changpeng Zhao is now serving his time in Lompoc II as “Inmate 88087-510.” As a consequence of his deal with the U.S. Department of Justice, Binance founder Changpeng Zhao is starting his four-month prison sentence in California, as bitcoin
The DOJ has announced that Binance pleaded guilty to money laundering, and faces over $4 billion in fines, and Mr. Zhao consents to resign as CEO of Binance. Table of Contents’Complete Exit From the United States’More Details The founder of Binance, the largest cryptocurrency exchange in the world, Changpeng Zhao,
Binance is being sued by the SEC for ‘billions in fraud’ after allegedly working to subvert ‘their own controls’ to allow high-net-worth U.S. investors and customers to continue trading on Binance’s unregulated international exchange. The Securities and Exchange Commission filed 13 charges against Binance, the world’s largest crypto exchange, and its founder, Changpeng
After the failures of Signature and Silvergate, both seen as friendly to crypto companies, no U.S. banks are willing to work with Binance.
A Coinbase representative stated that the suspension of BUSD trading will begin on March 13 because it was determined that BUSD no longer met their listing standards.
Without any explanation, crypto exchange Binance said that it would suspend U.S. dollar transfers, but the company’s subsidiary, Binance US, stated in a tweet that it is unaffected by the ban.
Welcome to the world of Binance Smart Chain. This is the ultimate beginner’s guide to the two most powerful cryptocurrencies in the world: Binance Coin (BNB) and Binance Smart Chain (BSC).
