Following the SEC’s latest filings, there have been mixed reactions, with some favoring the SEC and others supporting Binance. The United States Securities and Exchange Commission (SEC) has stated that Binance’s motion to dismiss a lawsuit filed against it has no basis in law. The federal regulator revealed this while responding to the motion against it on Wednesday. How the SEC vs Binance Lawsuit Started Earlier in June, the SEC began legal proceedings against Binance. The lawsuit accused...
Read More »Binance CEO Teases Major Announcement amid Crypto Market Turbulence
This impending Binance announcement arrives just days after a substantial transfer of 10,000 BTC, valued at over $345 million, to the exchange from an anonymous wallet. In a cryptic post on X, Changpeng ‘CZ’ Zhao, the CEO of Binance, recently sparked the curiosity of the crypto community by simply posting the number “3” and an announcement with a video captioned “COMING SOON”. 3 👀 pic.twitter.com/mp4SOcBbXY — CZ 🔶 Binance (@cz_binance) November 6, 2023 Binance Announcement amid...
Read More »Binance Welcomes Memecoin (MEME) as 39th Project on Launchpool
Following the farming period, Binance is all set to list MEME on November 3, 2023, at 08:00 (UTC). Binance, one of the world’s leading crypto exchanges, is excited to announce Memecoin (MEME) as its 39th project on Binance Launchpool. MEME is the native ecosystem token of Memeland, a Web3 venture studio created by 9GAG, the globally popular meme platform. Memecoin on Binance Launchpool Starting today, Binance users will have the opportunity to stake their Binance Coin (BNB), TUSD...
Read More »FTX Diverted Customer Funds to Buyback Stake from Rival Company Binance
It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate. Beleaguered cryptocurrency exchange FTX spent customer’s deposits for business investments, political contributions, charitable donations, real estate, and the buyback of shares from competitor exchange Binance. During a hearing on Wednesday at the ongoing Sam Bankman-Fried (SBF) trial, professor Peter Easton, an accounting officer hired by the US Department of...
Read More »Binance Completes 25th Quarterly BNB Burn Worth over $453M, Price Gains 3%
Binance burned about 2.13 million BNB coins during the last three months thus bringing the total coins removed from circulation to about 50.2 million units. Binance, a leading blockchain ecosystem with the largest centralized cryptocurrency exchange by Bitcoin’s daily traded volume and globally registered users, has announced the completion of the 25th quarterly auto-burn of its native coin BNB. According to the announcement, about 2,139,182 BNB, worth over $453 million, has been removed...
Read More »Binance to List Neutron (NTRN) with Seed Tag to Enable Mainstream Adoption of Interoperable Smart Contracts
In a bid to showcase how serious the Neutron project has become, more than 190 million ATOM tokens have been staked through the CosmWasm platform. Leading cryptocurrency exchange by Bitcoin balance and registered global users with KYC, Binance, has announced that Neutron (NTRN), a cross-chain smart-contracting platform, will be available for spot and margin trading with a seed tag. According to the announcement, the NTRN token spot trading will be available for select Binance users...
Read More »Binance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading
CoinspeakerBinance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading The exchange has also inquired about the market makers' information and their willingness to allocate up to 5% of their circulating tokens to Binance's saving pools, in exchange of earning interest. Binance Taps into Low-Cap Crypto Projects to Boost Platform’s Trading
Read More »Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
Read More »BNB Chain’s August Upgrades Expected to Improve Security and Sync with EVM Chains
CoinspeakerBNB Chain’s August Upgrades Expected to Improve Security and Sync with EVM Chains A fast finality mechanism on the BNB Chain would mean a safer environment for decentralized applications (dApps). BNB Chain’s August Upgrades Expected to Improve Security and Sync with EVM Chains
Read More »Backed Integrate Tokenized RWAs to Multiple Blockchains
CoinspeakerBacked Integrate Tokenized RWAs to Multiple Blockchains Backed’s RWAs can be accessed on Fantom (FTM), Avalanche (AVAX), Gnosis (GNO), BNB Chain, Arbitrum (ARB), Ethereum (ETH), and Polygon (MATIC). Backed Integrate Tokenized RWAs to Multiple Blockchains
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