Binance Financial News
17.10 / 18:15
Target
Binance
SEC
CEO
Platform
Action
social
Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX
On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and CEO Changpeng Zhao. The lawsuit accuses Binance and Zhao of unfair competition and violations of Security Exchange Commission (SEC) laws. The plaintiff alleges that Binance's actions were aimed at monopolizing the cryptocurrency trading platform market at the expense of competitor FTX.
17.10 / 18:15
Binance
Aware
Platform
NEM
performer
BETA, BOND, WTC, and XEM Added to Binance's Monitoring Tag List
Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023, according to Binance official blog. The Monitoring Tag serves as a risk indicator for tokens with elevated volatility and risk.
17.10 / 14:23
Stablecoin
Binance
regulation
Bitcoin
Dollar
Withdrawals
Binance US asks users to convert USD into stablecoins for withdrawals
Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in the U.S. dollar are no longer supported on the platform.
17.10 / 11:41
Binance
UK
Crypto Exchange
Crypto exchange Binance to stop accepting new users in UK
Binance said on Monday it will stop accepting new customers in the United Kingdom, in compliance with new regulation restricting promotions from overseas digital asset firms in the country. New users in the UK will not be able to register on the platform from 5 PM local time (4 PM GMT), according to a post on Binance's website. The country's tough stance comes as cryptocurrency regulation remains in focus around the world after a string of high-profile collapses last year sparked worries about how these firms use and store customer deposits in a largely unregulated industry. The Financial Conduct Authority's (FCA) new rules around cryptoasset promotions came into effect on Oct. 8.
17.10 / 09:17
Binance
Digital
ETF
MicroStrategy
BlackRock
Bitcoin
reports
Bitcoin Price Prediction: MicroStrategy Boost, Binance's UK Halt, and BlackRock's ETF Snub
In a rollercoaster week for Bitcoin, the premier cryptocurrency saw its price rise to $28,400, marking a 4.5% uptick on Tuesday. Several significant events influenced this trajectory.
17.10 / 06:33
Binance
hamas
Terrorist Financing
Israeli Authorities Order to Seize Millions in Crypto Linked to Hamas
Israeli law enforcement authorities have ordered a freeze on hundreds of cryptocurrency accounts and seized millions of dollars' worth of crypto in order to block the flow of funds to Hamas, Financial Times reported.
17.10 / 00:09
Provident
Kucoin
Binance
Digital
Platform
Mobile
Huobi
Customers
Binance Set to Temporarily Cease Onboarding New Customers Following an FCA Restriction on UK Partner
Binance will temporarily shut its doors to new customers in the UK. This follows a restriction on the exchange's operating partner in the UK by the Financial Conduct Authority (FCA).
16.10 / 18:53
Binance
SEC
CEO
Customers
Binance stops accepting new UK customers
The crypto giant stopped accepting new UK customers at 5pm on Monday, according to a blog. Under Financial Conduct Authority rules introduced earlier this month, firms wishing to promote cryptoassets in the UK must, by law, be authorised or registered by the FCA, or have their marketing approved by an authorised firm. As an unregulated overseas firm, Binance engaged FCA-authorised firm Rebuildingsociety.com to review and approve financial promotions in compliance with the new rules.
16.10 / 17:11
business
Blockchain
Binance
Binance halts onboarding of new UK users
Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.
16.10 / 13:09
Blockchain
Ethereum
Provident
Binance
Platform
Pool
information
6 Best No KYC Exchanges for 2023
No KYC exchanges allow you to buy and sell cryptocurrencies anonymously. In many cases, you won't be required to open an account - let alone upload verification documents.
16.10 / 08:57
Binance
BNB
BNB Chain
Binance Completes 25th Quarterly BNB Burn, Removing $453 Million in Value
One of the world's largest cryptocurrency exchanges, Binance, has successfully completed its 25th quarterly BNB token burn, reducing the supply of its native cryptocurrency, Binance Coin (BNB).
16.10 / 07:25
UPS
Binance
Extreme
Bitcoin
innovations
information
What Determines the Price of Bitcoin?
Bitcoin price. You can take a look at a resource like Binance to determine the price of Bitcoin today. Similar to traditional currency, the value of Bitcoin can fluctuate based on various factors.
16.10 / 04:47
Provident
Binance
Digital
regulation
Platform
reports
Financial
Australia's Government Calls for Digital Asset Platforms to Abide by Existing Financial Regulations
The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds.
15.10 / 05:19
UPS
Binance
Inside
social
information
Cryptocurrency Price Manipulation: How It Works and How to Spot It
Cryptocurrency markets are known for their high volatility. As such, they can sometimes be susceptible to price manipulation. The nefarious practice involves artificially inflating or deflating the price of a cryptocurrency in an attempt to deceive traders or investors for personal gain.
13.10 / 14:35
13.10 / 08:53
FIVE
Binance
Platform
Action
Strategy
market makers
Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date
In July, according to EmberCN, when Worldcoin (WLD) launched, it lent a collective sum of 100 million WLD to five market makers to enhance liquidity. According to the terms, these market makers must either return the coins or buy them at a price ranging between $2 to $3.12 by the conclusion of a three-month term, which is slated for October 22. With the date less than a month away, a close examination of the recent on-chain activities and the current WLD holding statuses of these market makers unveils notable insights.
12.10 / 22:03
Binance
regulation
FTX
Court
Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison
According to former Alameda Research CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed to the failure of cryptocurrency exchange FTX.
12.10 / 18:05
Binance
regulation
Fraud
FTX
Court
Trial
Sam
Leak
Sam Bankman-Fried blamed Binance for balance sheet leak to media: Court evidence
Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an Alameda balance sheet to the media in 2022.
12.10 / 16:51
Binance
coinbase
Coinbase Trading Volume Plunges 52% to $76 Billion, Marks Lowest Quarter After Public Listing
Coinbase, the largest cryptocurrency exchange by volume in the United States, recorded a significant decline in spot trading volumes as the crypto bear season drags on.
12.10 / 16:51
Stablecoin
Binance
Mining
USDT
Gaming
Bitcoin
safe
Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
12.10 / 12:19
business
Blockchain
Binance
regulation
Circle
Binance Coin
Circle admitted by judge as amicus curiae in SEC vs Binance lawsuit: Report
A senior judge in the Columbian district court has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the United States Securities and Exchange Commission against the crypto exchange Binance ahead of the crucial hearing.
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