Binance Financial News
20.12 / 12:57
Blockchain
Binance
regulation
Busan city drops global crypto exchanges from its digital exchange plans
Busan, the blockchain city of South Korea, has moved a step closer to forming a local crypto exchange, but it has dropped most of the global centralized exchange partners. The drastic decision comes in the wake of the recent colossal failure of centralized exchanges.
20.12 / 07:39
Twitter
Binance
CEO
Bitcoin
Bears
Low
Bitcoin Price Prediction as Bears Take Control – How Low Can BTC Go?
Bitcoin is trading bearishly on December 20, having breached a narrow range of $16,550 to $16,800 and falling to the 16,300 level. However, Bitcoin has returned to the same trading range as before. Investors are waiting for a solid fundamental reason to drive price action. Similarly, the overall cryptocurrency market is behaving sluggishly, possibly due to the upcoming holiday trading sessions.
19.12 / 23:27
Binance
audit
Legendary ‘The Big Short’ Investor Michael Burry Believes Binance Crypto Exchange Audit Is Meaningless – Here's Why
Audits of Binance and other crypto exchanges are “essentially meaningless” since auditors don’t know how to deal with crypto, according to Michael Burry, the legendary investor who inspired the movie ‘The Big Short’.
19.12 / 19:01
Binance
Digital
Deal
Binance US strikes $1bn deal for Voyager Digital’s assets after FTX collapse
Binance US, the American arm of the world’s largest cryptocurrency exchange, has agreed to acquire the assets of Voyager Digital in a deal worth just north of $1bn.
19.12 / 17:17
BTC
Binance
Platform
Binance US to buy Voyager's assets for $1bn
The bid "sets a clear path forward for Voyager customer funds to be unlocked as soon as possible" and "aims to return crypto to customers in kind, in accordance with court-approved disbursements and platform capabilities".Voyager filed for Chapter 11 bankruptcy protection in July, listing assets of between $1 billion and $10 billion and liabilities in the same range.The company suffered a blow when Three Arrows Capital went a week earlier, defaulting on a loan of 15,250 BTC and $350 million USDC.
19.12 / 17:03
business
Blockchain
Binance
Binance.US set to acquire Voyager Digital assets for $1B
According to a new press release published on Dec. 19, cryptocurrency exchange Binance.US will acquire assets of bankrupt crypto lender Voyager Digital for $1.022 billion. After a review of strategic options, the firm said that Binance.US represented the "highest and best bid for its assets."
19.12 / 16:59
Blockchain
Ethereum
Binance
Platform
SEED.PHOTO Adds Ethereum and Polygon from January 1, 2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
19.12 / 16:59
BTC
Binance
Bitcoin
On-Chain Data Suggests Bitcoin Whales are Unloading BTC at a Record-Breaking Rate – What’s Going On?
Bitcoin (BTC) whales are now unloading coins at a pace never before seen as measured on a 30-day basis.
18.12 / 11:45
business
Adoption
Binance
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin (BTC) mining hub after the United States and China, found feasibility in launching its in-house central bank digital currency (CBDC), a digital tenge. The National Bank of Kazakhstan (NBK) revealed the finding following the completion of the second phase of testing.
18.12 / 10:27
BTC
Binance
Platform
Bitcoin
Bitcoin Price Prediction as BTC Lacks On-chain Signal; Today's Key Trading Level
The Bitcoin price prediction hasn't altered much throughout the Asian session today, as BTC remains above the important support level of $16,550. Given the optimistic technical signs, the market is awaiting a critical on-chain signal before entering a typical bull market.
17.12 / 20:51
cryptocurrency
Binance
FTX
Binance, alone at the top after FTX, stirs ‘too big to fail’ crypto worry
Now that Sam Bankman-Fried’s fall from grace is complete, uneasiness is growing around the dominance that his rival Changpeng Zhao’s Binance holds in the cryptocurrency market.
17.12 / 16:13
BTC
Binance
Platform
Bitcoin
Support
Bitcoin Price Prediction as BTC Falls Below Key Support, Here are the Levels to Keep an Eye on
During the European session, the Bitcoin price prediction hasn't changed much today, as BTC continues to trade above the major support level of $16,550. Given the bullish technical indicators, the market is waiting for a key on-chain signal before launching into a classic bull market.
16.12 / 23:53
BTC
Twitter
Binance
CryptoQuant
reserves
audit
CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves
An on-chain audit of Binance by the blockchain analytics firm CryptoQuant has concluded that Binance’s reserves of bitcoin (BTC) and other major coins “are not showing ‘FTX-like’ behavior at this point.”
16.12 / 23:25
markets
Binance
Funding
Bitcoin
crypto market cap
Total crypto market cap takes another hit, but traders remain neutral
The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14.
16.12 / 19:15
Blockchain
Ethereum
Binance
ETF
Today in Crypto: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants to Sell Four Subsidiaries
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
16.12 / 17:41
Blockchain
Adoption
Binance
Binance Coin
BNB insurance for Binance listing? CZ addresses delisted project's claims
A decentralized social network project called Mithril (MITH) was recently delisted from Binance and in return, the crypto project asked for the 200,000 Binance Coin (BNB) it had to deposit as insurance for listing on the exchange.
16.12 / 17:41
business
Binance
exchanges
Bitcoin
Drop
Reserve
No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top crypto trading platforms to assure users that their assets are fine. However, two of the most prominent auditors have suddenly dropped their crypto auditing services, leaving exchanges hanging at a very crucial time.
16.12 / 17:25
Binance
Dash 2 Trade
D2T
New Superior Trading Platform Emerges as Binance Insolvency Fears Arise – Find Out More
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
16.12 / 16:47
Binance
Bitcoin
Mazars
Mazars halts work for crypto firms including Binance
Global accounting firm Mazars is pausing its work with all cryptocurrency clients worldwide, soon after it published several “proof of reserve reports” for digital-asset platforms.
16.12 / 15:25
cryptocurrency
Binance
FTX
Mazars
Auditing firm Mazars pauses work for Binance, other crypto clients: Report
Mazars, the auditing firm working with major cryptocurrency exchange Binance, has paused all work for clients in the crypto industry, news outlet Coindesk reported on Friday, citing an emailed statement from Binance.
16.12 / 14:47
markets
Binance
Crypto Ed
Bitcoin
Bitcoin Price
Bitcoin dips under $17K as ‘craziest rumors’ over Binance sink BTC price
Bitcoin (BTC) fell below $17,000 on Dec. 16 as traders warned of overreaction to “FUD” involving exchange Binance and others.
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