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Tag Archives: Binance

CZ Responds to Allegations of Binance Dumping Bitcoin to Defend BNB

Binance CEO Changpeng Zhao (CZ) credited a little-known X (formerly Twitter) user on Wednesday for dispelling rumors of internal chaos at Binance, which suggested that the exchange was desperately selling its Bitcoin stash to protect the price of its native token, BNB. The rumors pertained to a vulnerable BNB collateralized DeFi loan on Venus protocol that approached liquidation this week. Is BNB in Trouble? As explained by @zkHopium, the loan in question began with BNB...

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Binance.US Taps MoonPay to Enable Crypto Purchases with USDT

In a move to bring back dollar transactions for US customers, Binance.US, the American subsidiary of the world’s largest cryptocurrency exchange, has inked a new partnership deal with crypto payments startup MoonPay. Binance.US, which is in an ongoing legal battle with the Securities and Exchange Commission (SEC), suspended USD deposits for users in the United States following the departure of its banking partners. Binance.US and MoonPay In a blog post on Tuesday (Aug. 22,...

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Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months

CoinspeakerUnknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months Although unknown, many believe the Bitcoin wallet may belong to a major crypto exchange moving money around, or asset manager Blackrock Inc. Unknown Bitcoin Wallet Is Third-Largest BTC Holder in World after Collecting More than $3B Worth in Less than 4 Months

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Binance CEO: Bitcoin Will Explode in 2025

Changpeng Zhao – the man behind Binance, the world’s largest and most popular digital currency exchange – has announced that he thinks 2025 will likely be the year in which bitcoin reaches a new high and goes through a bull run like nobody has ever seen. Binance CEO Changpeng Zhao on BTC’s Future This is very similar to an article that Live Bitcoin News recently published. In that article, it was suggested (as an opinion, of course) that 2024 would be the year in...

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Binance Requests Protective Order, Accuses SEC of Conducting ‘Fishing Expedition’

Binance filed a motion requesting a protective order against the US Securities and Exchange Commission (SEC), claiming the regulator is conducting a “fishing expedition” instead of seeking the narrow and “limited” discovery authorized by the Consent Order to ensure the security and availability of customer assets. The motion asserts that Binance has already provided the SEC with the necessary information. Binance Sees Protective Order Against SEC According to the filing,...

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Germany Says “No” to Binance, Denies Company a Crypto License

Germany has told leading digital currency exchange Binance that its regulators will not issue a crypto custody license to the firm’s executives. Germany Denies Binance Proper Licensure The country is not pleased, allegedly, with the way Binance is handling itself. The company has been on the brink of making every financial agency angry and it has already aroused the wrath of institutions such as the Commodity Futures Trading Commission (CFTC) and the Securities...

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