Binance Financial News
08.11 / 08:59
Ethereum
Binance
CEO
Bitcoin
Bitcoin Price and Ethereum Prediction - FTX Down 35% amid Insolvency Rumors
The Asian session has started with a crypto market massacre, with all of the main cryptocurrencies on a strong negative run and the global crypto market cap plummeting below $1 trillion amid FTX insolvency fears. Bitcoin price fell sharply and broke through an upward trendline to trade at $19,600. Similarly, Ethereum fell 7.5% to $1,470.
07.11 / 21:55
Binance
Altcoin
SBF calls for collaboration with Binance 'for the ecosystem'
FTX founder and CEO Sam Bankman-Fried took to Twitter again on Nov. 7 to claim that "a competitor is trying to go after the cryptocurrency exchange with false rumors", while also calling for collaboration with the rival exchange Binance.
07.11 / 15:15
Ethereum
Binance
defi
Bitcoin
FTX addresses user withdrawal complaints amid major token movement
Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node throughput is limited for Bitcoin (BTC) withdrawals.
07.11 / 13:35
UPS
Binance
CEO
Platform
Holdings
500
FTX Price Prediction as Binance CEO Dumps $500 Million Token Holdings – Can FTT Recover?
The price of FTX (FTT) has declined by 3% in the past 24 hours, following Binance's announcement that it would liquidate the entirety of its holdings in the token. Binance's decision comes after a leaked report suggested that the exchange utility token comprises nearly 40% of the assets of Alameda Research, which owns the rival FTX trading platform.
07.11 / 12:29
markets
Binance
FTX Token price risks 30% plunge as a 23M FTT 'part' moves to Binance
An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators.
07.11 / 06:05
business
Binance
exchanges
Holdings
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token (FTT), the native token of competing exchange FTX.
05.11 / 12:27
Binance
Crypto Exchange Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions: Report
Binance didn't answer detailed questions about the new transactions uncovered by Reuters.
04.11 / 22:03
business
Twitter
Binance
Crypto Biz: Was Celsius just a Ponzi after all?
Crypto lender Celsius was one of the biggest casualties of the bear market. After halting withdrawals for months due to “extreme market conditions,” the distressed lender officially filed for Chapter 11 bankruptcy on July 13. Now, the federal judge overseeing the bankruptcy proceedings has ordered the case examiner to determine whether the company was operating like a Ponzi scheme. Disgruntled Celsius customers have made a strong case that the company’s business operations met the legal definition of a Ponzi. After all, it didn’t take long for Celsius’ business model to crumble under volatility. This is one case we should all be monitoring very closely.
04.11 / 18:09
Binance
Santander imposes limits on payments to crypto exchanges
Santander says the move is designed to protect customers, noting that it has seen a "large increase" in the number falling victim to crypto fraud.The bank cites a Financial Conduct Authority warning about the risk of investing in crypto, as money held in wallets is unlikely to be protected under the Financial Service Compensation Scheme.Meanwhile, Santander says it will continue to stop payments to Binance, citing recent FCA warnings.
04.11 / 09:45
Blockchain
Binance
defi
gala
Gala Games
‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack
Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%.
03.11 / 20:40
Binance
FTX
Fried
Sam
FTX Goes Live As First Licensed Crypto Exchange in the UAE – What Does Sam Bankman-Fried Have Planned?
Major crypto exchange FTX has announced it has gone live as the first institution of this type which secured a full license to operate in the United Arab Emirates (UAE).
03.11 / 18:37
markets
Twitter
Binance
Polygon
BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally
After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate that further trouble is ahead?
03.11 / 17:53
Blockchain
Binance
Digital
Pool
Bitcoin
Cross-border
France, Switzerland and Singapore jointly test cross-border CBDC payments
France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) and decentralised finance (DeFi) protocols, in the first cross-regional test of its kind.
03.11 / 16:05
Blockchain
Binance
Reuters
Digital
Threat
Binance chief downplays CBDC threat to crypto
This is the view of Changpeng Zhao, chief executive of Binance, the world's largest crypto exchange, who was addressing a press conference at the Web Summit conference in London.
03.11 / 09:29
02.11 / 22:05
business
Blockchain
Binance
CZ explains why it's so important to be building during the bear market
During a live panel at the Web Summit in Lisbon, Changpeng Zhao (colloquially styled as CZ), CEO of cryptocurrency exchange Binance, shared his viewpoint on why it's so important for crypto projects to continue their development in the bear market. As told by CZ:
02.11 / 16:19
Blockchain
Adoption
Binance
Updates
Web Summit Lisbon, Nov. 2: Latest updates from Cointelegraph ground team
Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, and updates are in reverse order (the latest update is placed at the top).
02.11 / 15:33
02.11 / 12:47
Adoption
Binance
defi
Report
Blockchain Game
BNB Chain DeFi ecosystem recovers almost one-third in three months
After a year-long struggle to fend off the market bears, parts of the crypto ecosystem started showing signs of recovery in the third quarter of 2022. BNB Chain’s Q3 report confirms significant growth in crypto trading volumes and decentralized finance (DeFi) but a drop in nonfungible token (NFT) trading.
02.11 / 03:45
Dogecoin
Ethereum
Binance
Bitcoin
Research report outlines why the crypto market might be on the verge of a reversal
As November begins, analysts are busy dissecting the major market movements that occurred in October. While Bitcoin (BTC) stayed relatively unchanged with only 5.89% growth in October, Arcane Research senior analyst, Vetle Lunde mapped out the direction the market might take in the next few months.
02.11 / 00:37
Blockchain
Twitter
Binance
Platform
New Blockchain Security Stats: $3 Billion Worth of Crypto Stolen in 2022 – Here’s What You Need to Know
A massive $3bn worth of crypto has been stolen by hackers so far in 2022, with over $760m grabbed in October alone, a security firm has said.
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