U.S. Doesn’t Want To Get Entangled With The Silicon Valley Bank Collapse: Binance Boss
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Coinbase disables trading for BUSD
[Mar 13, 2023 12:00 PM] Coinbase assured users that their BUSD funds would remain accessible and they could still withdraw funds at any time.
Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum
[Mar 13, 2023 11:30 AM] On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant…
Bitcoin price flash spikes to $50K on Binance after USD Coin peg snaps
[Mar 13, 2023 6:06 AM] The market frenzy that started with the Silicon Valley Bank collapse is pushing the BTC price higher, with some casualties left behind.
Binance Launches Prepaid Card in Colombia
[Mar 13, 2023 5:30 AM] Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments with crypto, establishes the country as…
Binance CEO announces recovery funds conversion from BUSD to 'native crypto'
[Mar 13, 2023 2:50 AM] Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to “native cryptos" such as BTC.
$1 Billion Buying Pressure On Bitcoin, ETH, BNB Incoming, Binance Will Convert Recovery Fund
[Mar 13, 2023 1:58 AM] Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a long time. The crypto ecosystem lost another key banking partner. The good news was that there is a…
Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga
[Mar 13, 2023 1:01 AM] Court cases involving the SEC and some major crypto industry enterprises — Voyager Digital, Alameda Research and Binance.US — have continued to progress in 2023.
Binance Trains Ukraine’s Cyberpolice and Security Service
[Mar 12, 2023 4:30 PM] Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiatives over the past year, in a number of countries…
USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
[Mar 12, 2023 8:30 AM] On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and…
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
[Mar 11, 2023 11:26 PM] Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.
USDC Stablecoin Depegging Causes Concern Among Crypto Advocates, 5 Other Stablecoins Slip Below Parity
[Mar 11, 2023 10:30 AM] On Saturday, March 11, 2023, crypto advocates are concerned as a few stablecoin assets have depegged from their $1 parity. The second-largest stablecoin USDC, issued by Circle Financial, fell below $0.90, reaching a low of $0.877 per coin…
Binance And Coinbase Temporarily Suspend USDC Conversion After Silicon Valley Bank Collapse
[Mar 11, 2023 7:20 AM] The two biggest cryptocurrency exchanges, Binance and Coinbase, have revealed that they would temporarily suspend USDC conversions on their platforms. This comes in the aftermath of the collapse of US lender Silicon Valley Bank and concerns about…
USDC Is In Trouble, But It Won’t Go To Zero Like UST Did – Here’s Why
[Mar 11, 2023 5:06 AM] USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD by Paxos and USDT by Tether Holdings. USDC Has De-pegged As USDC’s market cap rapidly shrinks, primarily because of mass…
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
[Mar 10, 2023 5:30 PM] Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing…
Binance Bans Russians From P2P Transactions With Dollars and Euros
[Mar 10, 2023 3:30 PM] Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based…
US Trustee appeals NY Judge’s approval of Voyager deal with Binance.US
[Mar 10, 2023 1:47 AM] The United States Department of Justice filed an appeal against an approval made by N.Y. just days before to allow a billion-dollar sale of assets from Voyager Digital to Binance.US.
Binance co-founder He Yi says, 'forget gender' and focus on mindset to make it in Web3
[Mar 8, 2023 8:20 AM] In an exclusive interview with Cointelegraph, Binance co-founder and Chief Marketing Officer He Yi explained what women need to do in order to make it in the Web3 space.
SEC snubbed as Voyager wins court approval for sale to Binance US
[Mar 7, 2023 5:13 PM] The ruling allows the crypto lender a path out of its bankruptcy, but it still has to undertake some due diligence with Binance US before the sale is final.
Key Bitcoin price metrics point to BTC downside below $22.5K
[Mar 7, 2023 1:33 PM] BTC’s $1,420 decline in the span of 1-hour negatively impacted demand for stablecoins in Asia and it shifted futures traders into a more defensive attitude.
Dogecoin Whale Withdraws $5 Million In DOGE From Binance, Bullish Sign?
[Mar 7, 2023 8:10 AM] Data shows a Dogecoin whale has withdrawn about $5 million in DOGE from the crypto exchange Binance, a sign that may be bullish for the price. Dogecoin Whale Transfers Out $5.1 Million From Binance As per data from the cryptocurrency transaction…
Here's how Binance is mitigating its stablecoin needs after BUSD ban
[Mar 6, 2023 5:54 AM] The recent action from Binance comes in the wake of NYDFS ordering BUSD issuer Paxos to stop minting new BUSD.
Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report
[Mar 5, 2023 2:21 PM] The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology.
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
[Mar 5, 2023 2:05 AM] Chatcasso won first prize in the BNB Chain hackathon for its AI-powered NFT creation tool.
Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia
[Mar 4, 2023 11:00 PM] Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media…
Crypto Exchange Binance Joins Forces With Law Enforcement to Launch Anti-Scam Campaign
Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner
Binance launches anti-scam campaign after Hong Kong pilot run
[Mar 3, 2023 3:59 PM] The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers.
Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
[Mar 3, 2023 11:30 AM] On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline…