13 / 67 Relevant items tagged with #binance

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SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

[Jul 11, 2024 8:54 AM] The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year…

Binance finalizes sale of majority stake in Gopax: Report

[Jul 11, 2024 4:33 AM] Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.

Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong

[Jul 10, 2024 5:16 PM] Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng…

Ethereum Rising, 2 Million Addresses Will Be In Money If $3,200 Is Broken

[Jul 10, 2024 12:30 PM] Ethereum, mirroring the performance of Bitcoin and other top altcoins, is back above $3,000, days after the fall below $2,800. As the second most valuable coin recovers, injecting optimism among crashed token holders and traders, a close above…

Whale transfers $50M in ETH amid ETF anticipation

[Jul 10, 2024 3:03 AM] With the approval of the spot Ether ETF in the US approaching, attention turns to its potential impact on Ethereum’s trajectory in the coming weeks.

Nigerian Witness Says Binance Users Operate Under False Identities

[Jul 8, 2024 3:11 PM] A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw…

Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review

[Jul 7, 2024 7:31 AM] Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox distribution and the German…

Nigerian Prison Officials Deny Binance Employee Tigran Gambaryan is Seriously Ill

[Jul 6, 2024 11:40 PM] According to the prison authorities, Binance employee Tigran Gambaryan is in good health and not sick as claimed by his family. The family had raised concerns about his well-being and alleged that he was not receiving proper medical attention…

Nigerian central bank alleges unauthorized transactions by Binance

[Jul 6, 2024 4:51 AM] Binance’s alleged illegal operations were highlighted in court on July 5, with a central bank official testifying on the lack of necessary licenses and regulatory approval.

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

[Jul 5, 2024 5:22 AM] Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating…

Binance vs Nigeria: A timeline of events

[Jul 5, 2024 3:32 AM] As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far.

When Do Secondary Token Sales Violate Howey?

[Jul 3, 2024 8:30 PM] A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.

Binance US Confident in Legal Battle Against SEC as Case Moves Forward

[Jul 3, 2024 4:11 PM] Binance US responded to the court’s decision to allow the SEC lawsuit to proceed, expressing confidence in its position and criticizing the SEC’s regulatory approach. “We remain confident in our position that the SEC’s…

Authy 2FA app leaked phone numbers that may be used for text phishing

[Jul 3, 2024 2:00 PM] Twilio, the developer of the Authy authenticator app, said user phone numbers were leaked to attackers but accounts themselves were not compromised.

Binance exec trial will resume July 5 as family reports health problems

[Jul 3, 2024 1:22 PM] Though Nigeria's tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering.

Coinbase cites Binance BNB token precedent in SEC petition

[Jul 3, 2024 12:23 PM] “Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote.

Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan

[Jul 3, 2024 5:20 AM] Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki…

PEPE Bullish Signal: Whale Withdraws $14.7 Million Stack From Binance

[Jul 2, 2024 5:00 PM] On-chain data shows a PEPE whale has withdrawn a large amount of the memecoin from Binance today, a sign that could be bullish for its price. PEPE Whale Has Made A Large Outflow From Binance In The Past Day According to data from the cryptocurrency…

Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds

[Jul 2, 2024 9:38 AM] On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed.

Crypto Exchange Binance Takes Action Against Account Misuse

[Jun 29, 2024 6:22 PM] Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are…

SEC’s Case Against Binance Moves Forward With Major Allegations Intact

[Jun 29, 2024 7:30 AM] The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and…

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

[Jun 28, 2024 8:37 PM] A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry

[Jun 28, 2024 2:39 AM] Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign…

Binance CEO Shares Key Tips for Investors Getting Into Crypto

[Jun 27, 2024 6:31 PM] Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three…

Binance to remove prime brokerage loophole

[Jun 27, 2024 11:27 AM] The change came after some Binance Link clients reportedly took advantage of the program's multi-tiered fee structure through arbitrage.

Binance enforces stricter measures against account misuse

[Jun 27, 2024 3:46 AM] The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases.

Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance

[Jun 27, 2024 3:44 AM] The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05.

Nigerian blockchain group calls for fair resolution in Binance case

[Jun 27, 2024 1:25 AM] BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive.

Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals

[Jun 25, 2024 9:56 AM] According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market…

Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds

[Jun 23, 2024 3:17 PM] Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds…