Binance Financial News
25.11 / 17:09
Blockchain
Binance
Liquidity
Bitcoin
reserves
Binance publishes official Merkle Tree-based proof-of-reserves
Two weeks after Binance initially pledged to develop a proof-of-reserve (PoR) mechanism in response to the FTX liquidity and bankruptcy fiasco, it published its official response.
25.11 / 16:17
Blockchain
Binance
Booking
recovery
‘It’s risky business’: Binance’s $1bn crypto industry recovery fund prompts antitrust concerns
Binance risks getting on the wrong side of global competition watchdogs with its new $1bn industry recovery fund, a crypto antitrust expert has warned.
25.11 / 14:29
Binance
BNB
Binance Coin
Time
Binance Coin Price Prediction
Binance Coin Price Prediction – Can BNB Reach an All-Time High Soon?
Binance Coin price is up slightly over 10% this week, following a mid-week crypto relief rally. The native exchange token is the fourth-largest cryptocurrency, boasting $48 billion in market capitalization.
24.11 / 22:21
business
Binance
Investments
Nov
recovery
Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants
Binance announced Nov. 24 that it is spearheading the creation of a so-called Industry Recovery Initiative (IRI) on BloombergTV. New details about the project to “to lead the charge when it comes to protecting consumers and rebuilding the industry” have been released on the exchange's blog.
24.11 / 20:15
Binance
Digital
VISA
Platform
Web3 & The Metaverse’s Quest To Bring People Together Accelerates Amid World Cup’s Fanfare
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
24.11 / 16:23
Blockchain
Adoption
Binance
Bitcoin
recovery
Binance aims to allocate $1 billion for crypto recovery fund
Binance intends to allocate $1 billion for a proposed industry recovery fund while its CEO revealed intent in a new bid for assets of bankrupt cryptocurrency lending firm Voyager by its U.S.-based business.
24.11 / 13:29
Binance
FTX
Binance's Changpeng Zao Flags Possible $1 Billion Fund For Distressed Assets: Report
Several crypto firms have been bracing for the fallout from the FTX collapse.
24.11 / 11:49
cryptocurrency
Binance
FTX
Crypto Exchange
Fried
letter
Sam
Sam Bankman-Fried apologises to FTX staff for his 'irrational decisions'. Read full letter
Former FTX CEO Sam Bankman-Fried sent an apology letter to his employees in which he blamed his “irrational decisions” on “shi**y” circumstances.
24.11 / 08:27
business
Blockchain
Adoption
Binance
CrossTower eyeing further crypto acquisitions outside of Voyager bid
Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions.
23.11 / 13:39
cryptocurrency
Binance
FTX
end
Binance is hiring. Targeting 8,000 by end of year, says CEO Changpeng Zhao
Binance, world's largest cryptocurrency exchange is hiring and CEO Changpeng Zhao has stated that the company is targeting to make itself an 8,000-strong team by the end of the year.
23.11 / 12:01
cryptocurrency
Binance
Gold
Bitcoin
Sridhar Vembu says he had 'never heard of FTX' until its recent crisis
Zoho CEO Sridhar has recently said that he had never heard of the world's second-largest cryptocurrency exchange FTX or its founder Sam Bankman-Fried until its recent liquidity crisis.
23.11 / 01:41
Blockchain
Adoption
Binance
coinbase
Holdings
bitcoin holdings
Crypto Twitter reacts to Binance CEO’s deleted tweet about Coinbase’s Bitcoin Holdings
Coinbase was trending on Twitter on Nov. 22 after Binance CEO Changpeng Zhao, known also as CZ, sent out a tweet that appeared to question Coinbase’s Bitcoin holdings.
23.11 / 01:11
Binance
regulation
Central Bank
Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions that have arisen in the wake of the FTX.com (FTX) debacle.”
23.11 / 00:53
Blockchain
Ethereum
Binance
The Best Blockchain Development Companies in 2022
Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.
22.11 / 21:33
business
Binance
Funding
Middle east
recovery
Binance CEO denies report firm met with Abu Dhabi investors for crypto recovery fund
Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi in an effort to raise cash for the company’s crypto recovery fund.
22.11 / 17:08
UPS
Binance
Coindesk
Takeover
Binance pulls out of FTX takeover
The u-turn comes a day after Binance and FTX agreed the takeover, although both stressed that this was predicated on a full due diligence process.Since then, Bloomberg has reported that the Securities and Exchange Commission and the Commodity Futures Trading Commission have been investigating FTX’s relationship with FTX US as well as sister entity Alameda Research for months.Alameda Research is the crypto trading firm run by FTX chief Sam Bankman-Fried.
22.11 / 15:15
Binance
Gemini
Investment
Genesis Trading
fall
Crypto Firm Genesis Struggles to Raise Fresh Capital, In Talks with Binance – Next Domino to Fall From FTX Contagion?
The troubled crypto trading firm Genesis is reportedly struggling to raise fresh funds for its lending unit - and may be headed into bankruptcy.
22.11 / 13:43
22.11 / 13:43
Binance
USDT
Platform
Luna
Terra Luna Classic Price Prediction – Can LUNC Reach $1 in the Next Bull Market?
The terra luna classic price has fallen by 3% in the past 24 hours, as the market continues to reel from the ongoing effects of the FTX collapse and subsequent hack. At $0.00015053, LUNC is also down by 13% in the past week and by 35% in the last 30 days, with ongoing token burns currently doing little to counteract the effects of negative investor sentiment.
21.11 / 20:03
Binance
Withdrawals
end
News Summary: Nexo Sued in UK, FTX Japan to Resume Withdrawals by Year End, ConsenSys Partners with Celo
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
21.11 / 17:23
UPS
Twitter
Binance
Binance to buy troubled rival FTX
FTX's billionaire chief Sam Bankman-Fried and his counterpart at Binance, Changpeng Zhao, both took to Twitter to confirm the non-binding agreement.
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