Binance Financial News

14.11 / 13:55

Dash Binance Platform Luna Low Terra Luna Classic Price Prediction as LUNC Falls 30% in 7 Days, How Low Can it Go?

The price of terra luna classic (LUNC) has fallen by 2.5% in the past 24 hours, with the altcoin also down by nearly 30% in the past week, at $0.00017357. The drops come as the fallout from FTX's collapse continues to weigh down the wider market, with LUNC's momentum from early September unable to carry out through a turbulent period for crypto.

14.11 / 12:21

business Binance Liquidity FTX recovery Binance creates industry recovery fund to help projects struggling with liquidity

As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues.

14.11 / 08:09

Binance FTX Cryptocurrency Industry Needs Clarity Of Regulations: Binance's CEO

On the weekend, Zhao had tweeted that Binance had stopped accepting deposits of FTX's FTT token.

14.11 / 07:19

business Blockchain Adoption Binance CZ and Saylor urge for crypto self-custody amid increasing uncertainty

Industry heavyweights have urged crypto investors and traders to self-custody their crypto assets amid the significant market uncertainty brought on by the collapse of FTX.

13.11 / 18:11

Binance Crypto.com Crypto.com Sends $400 Million Worth of Ethereum to Wrong Address, Binance CEO Warns Users to Stay Away

Cryptocurrency exchange Crypto.com mistakenly sent 320,000 ETH to a wallet address linked to Gate.io in late October. While the platform has since recovered the assets, Binance CEO Changpeng Zhao advised users that it is best they stay away from the platform.

13.11 / 12:27

business Adoption Binance Vitalik Buterin calls out FTX for virtue signaling: 'deserves what its getting'

The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox and Terra (LUNA) collapses.

13.11 / 11:25

business cryptocurrency Binance FTX Binance halts FTT deposits, CEO says

Cryptocurrency exchange Binance has stopped accepting deposits of FTX's FTT token on its platform, its chief executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same.

12.11 / 14:47

business Binance Investments investigation Binance CEO CZ on FTX crash: “We’ve been set back a few years”

Crypto exchange FTX joined many other fallen projects — including Terra (LUNA), 3AC, Celsius and Voyager — in filing for bankruptcy in 2022. Owing to the devastation caused by multi-billion dollar losses suffered by businesses and investors, the man running the biggest crypto exchange, Binance CEO Changpeng “CZ” Zhao, envisions an era of greater regulatory scrutiny in the near future.

12.11 / 10:19

cryptocurrency Binance SoftBank Fried Sam fall Sam Bankman-Fried: The fall of the crypto king

‘The king is dead, long live the king!’

12.11 / 01:37

BLOCK Binance Platform Bitcoin Lucky Block Lucky Block is Giving Away $1,000,000 of Bitcoin – How to Win?

The Lucky Block community is giving away $1 million in Bitcoin. For interested participants, we have created the perfect guide.

11.11 / 23:15

Blockchain Ethereum Binance BNB and FTX Token Have Fallen! But Snowfall Protocol Emerges As The Next 1000X token!

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11.11 / 23:15

Provident Twitter Binance CEO reserves Binance Provides Proof of Reserves in Response to FTX Collapse – This is How Much Money They Have

The major crypto exchange Binance has revealed details about its reserves as nervousness started to spread in the crypto community following the collapse of rival exchange FTX.

11.11 / 21:35

markets Ethereum Binance Bitcoin analyst FTX crisis likely to spark a domino effect, macro analyst explains

The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, senior marco analyst at Bloomberg.

11.11 / 20:43

Binance Platform coinbase Bitcoin FTX Collapse: Which Platforms In The Crypto Market Can Be Trusted?

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11.11 / 19:47

business Binance FTX Crypto Biz: Crypto’s day of reckoning has arrived

Who would’ve thought that the implosion of Terra, the collapse of Three Arrows Capital and the bankruptcies of Celsius and Voyager wouldn’t be the most terrible crypto stories of 2022? In retrospect, crypto’s day of reckoning — and the new low for the cycle — hadn’t arrived even after all these tumultuous events.

11.11 / 18:45

UPS Provident Binance Fried FTX files for US bankruptcy protection; Bankman-Fried quits

Bankman-Fried is being replaced by John J Ray, who says: "The immediate relief of Chapter 11 is appropriate to provide FTX Group the opportunity to assess its situation and develop a process to maximise recoveries for stakeholders."Bankman-Fried has been scrambling to find a rescue package for his firm over the last week as it faced up to a liquidity crunch as customers rushed to withdraw funds,The company struck a takeover deal with rival Binance but that quickly fell through when due diligence showed up a massive financial black hole. In the days since, it has been trying to raise more than $9 billion from investors.FTX is also facing regulatory heat, with the SEC and CFTC both investigating it in the US.

11.11 / 15:27

Twitter Binance CEO licence FTX Europe to have licence suspended - Bloomberg

According to reports the decision could be announced on Friday, following a week of turmoil for the exchange which collapsed in dramatic fashion after experiencing a liquidity crunch. The firm secured a CySEC license to operate as a Cyprus investment firm in September, allowing it to operate across the entire European Economic Area, including the EU as well as Iceland, Liechtenstein and Norway.

11.11 / 14:19

cryptocurrency Binance Enforcement Directorate Bitcoin E-nuggets case | ED searches Binance crypto exchange wallet IDs, freezes Bitcoins worth Rs 22.82 crore: Sources

The Enforcement Directorate has searched wallet or user IDs associated with Binance crypto exchange, as part of its ongoing probe related to mobile gaming app E-nuggets, sources told CNBC TV-18 on November 11.

11.11 / 06:03

business Blockchain Binance Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets

Amid the FTX and crypto market chaos, Cathie Wood-led Ark Investments has increased its Coinbase (COIN) holdings with a purchase of 237,675 COIN shares worth about $12.1 million on Nov. 9.

11.11 / 05:59

cryptocurrency Twitter Binance FTX Fried Sam Withdrawals reserves Cryptocurrency roundup for November 11: SEC launches probe against FTX chief Sam Bankman-Fried, Crypto Lender BlockFi halts withdrawals, Binance reveals proof of reserves and more

[content][quote]Big Story[/quote][title]SEC probing if Sam Bankman-Fried violated securities laws[/title][circularimage]

11.11 / 01:31

business Binance Liquidity SoftBank FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

Events are unfolding fast as the cryptocurrency market is rocked again, this time by FTX. Facts and non-facts are hard to sort out under these conditions, especially since both seem to be depegged from believability at times. “Where’s the money?” and “Who’s to blame?” are popular talking points. Some of the information appearing is indisputably false, or at least highly speculative.

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