Binance Financial News
10.03 / 15:17
Blockchain
UPS
Lowe's
Binance
Luna
Terra Luna Classic Price Prediction as $100 Million Trading Volume Comes In – What's Going On?
The Terra Luna Classic price has fallen by 12% in the past 24 hours, dropping to $0.00012029 as the news of Silvergate Bank's liquidation sends shockwaves through the cryptocurrency market.
10.03 / 14:25
Binance
CoinMarketCap
Solana registers price correction, but these metrics remain in SOL’s favor
The crypto market witnessed a major price correction over the last day, and Solana [SOL] followed suit. Along with most of the cryptos, SOL took a harder hit as its price declined by over 8% in the last 24 hours. As per CoinMarketCap, at press time, SOL was trading at $17.04 with a market capitalization of over $6.5 billion.
10.03 / 11:03
business
Binance
regulation
Court
Bankruptcy
U.S.
Deal
US Trustee appeals NY Judge’s approval of Voyager deal with Binance.US
The United States Department of Justice (DOJ) has filed an appeal against the latest decision in the case for the selling of assets between Voyager Digital and Binance.US.
10.03 / 09:57
BTC
Lowe's
Binance
SEC
Action
Bitcoin
500
Bitcoin Price Prediction as Bulls Hold BTC Above $19,500 – Where is BTC Heading Now?
The world's top cryptocurrency, Bitcoin, has sharply declined, reaching its lowest value in two months. The second most valuable cryptocurrency, Ether, also experienced a similar downward trend in value.
09.03 / 22:15
Provident
Binance
Digital
Platform
Assurant
Kraken
PCAOB warns investors of PoR report’s reliability in latest advisory
The Public Company Accounting Oversight Board’s (PCAOB) Office of the Investor Advocate recently issued an advisory for investors regarding the proof of reserve (PoR) reports by service providers, including audit firms registered with the PCAOB, to crypto entities such as exchanges and stablecoin issuers.
09.03 / 16:37
UPS
Binance
Extreme
Doge
Binance Adds 11 Tokens to PoR Report
The proof-of-reserves (PoR) report of Binance, which is one of the most important and biggest cryptocurrency exchanges in the world, has been updated to include 11 new assets. MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE are the tokens that are accounted for in the Proof of Reserves report. With this most recent upgrade, the total number of assets in Binance's PoR system has increased to 24, with a combined worth of more than 63 billion dollars.
09.03 / 16:37
Binance
SEC
CEO
Action
regulatory
Binance pivots to stablecoins after SEC regulatory action
Binance, the world's largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins following regulatory action by the US Securities and Exchange Commission (SEC) against its native stablecoin, Binance USD (BUSD). The SEC sent a Wells notice to Binance, alleging that BUSD violates US securities law. The New York Department of Financial Services (NYDFS) also asked BUSD issuer Paxos Trust to stop minting new BUSD, which forced Binance to look for alternative ways to meet its stablecoin needs.
09.03 / 10:09
09.03 / 09:09
business
Binance
regulation
coinbase
Banks
swift
debate
Silvergate downfall sparks debate over whose fault it actually was
The voluntary liquidation of crypto-friendly bank Silvergate has sparked many to share their thoughts about the source of its troubles and the broader impact of the bank’s collapse on crypto.
08.03 / 23:35
Binance
NFT
Auction
Yuga Labs
Bitcoin
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7
In this week’s newsletter, read about how Yuga Labs’ first Bitcoin-based nonfungible tokens (NFTs) earned $16.5 million in 24 hours, and how the Bitcoin NFT market can reach $4.5 billion by 2025. Check out how Binance’s artificial intelligence NFT generator got 10,000 mints 2.5 hours after its launch, and find out how the Flare blockchain got its own NFT marketplace. And don’t forget this week’s Nifty News, featuring Square Enix’s NFT-friendly CEO stepping down.
08.03 / 17:09
Target
Binance
SEC
Action
Compilation
Remark
Luna
Terra Luna Classic Price Prediction as $50 Million Trading Volume Comes In – Can LUNC Recover This Year?
Terra Luna Classic (LUNC) continues to endure bleed-out price action, as authorities in Singapore open investigation into Do Kwon - can LUNC recover?
08.03 / 15:11
Binance
NFT
Polygon
Marketplace
network
Polygon Network
Support
Binance NFT adds Polygon network support to its marketplace
Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace.
08.03 / 14:29
Blockchain
Technology
Adoption
Binance
defi
Investments
15 influential women entrepreneurs in Web3
Web3, the next generation of the internet, is an exciting new space creating opportunities for entrepreneurs across various industries. While the field is still somewhat male-dominated, several influential women entrepreneurs are significantly impacting the Web3 space.
08.03 / 14:07
Binance
regulation
SEC
Legal
Investment
Binance.us
Deal
US Bankruptcy Judge Approves Binance.US $1.3B Deal for Voyager Digital, but Hurdles Remain – Here's the Latest
Bankrupt crypto lender Voyager Digital is allowed to sell its assets to Binance's American arm, Binance.US, and transfer its customers to the exchange - but this is not the end.
08.03 / 13:27
Binance
Digital
Platform
Customer
Binance cleared to take over Voyager’s customer accounts
Binance’s American affiliate won court approval to take over thousands of customer accounts from bankrupt crypto platform Voyager Digital despite warnings that the Binance.US exchange faces possible regulatory action.
08.03 / 03:29
UPS
Twitter
Binance
CoinMarketCap
Fallout
Southern
court approval
Binance US wins court approval to acquire Voyager’s assets
Binance.US – the American subsidiary of Binance – has defeated the United States Securities and Exchanges Commission (SEC). The American crypto exchange won the rights to acquire Voyager Digital’s assets, according to a report by Bloomberg. The bankruptcy judge of the Southern District of New York – Michael Wiles – gave the crypto exchange the green light after four days of the hearing. The judge struck down the claims made by the SEC.
08.03 / 02:35
business
Binance
Court
Bankruptcy
court approval
SEC snubbed as Voyager wins court approval for sale to Binance US
Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance US.
08.03 / 01:59
Twitter
Binance
CEO
Action
Forbes
Bitcoin
Might Binance be at the risk of an ‘epic bank run’ after latest round of FUD
Last week, three U.S lawmakers raised concerns that Binance, the world’s largest crypto-exchange, has reportedly facilitated theft, money laundering and terrorist financing. In response, Binance deflected but did not directly refute the lawmakers’ concerns.
07.03 / 22:53
markets
Binance
Tether
Bitcoin
Bitcoin Price
Key Bitcoin price metrics point to BTC downside below $22.5K
Bitcoin (BTC) faced a 1-hour $1,420 pullback on March 3 following Silvergate Bank's 57.7% stock crash which was due to significant losses and "suboptimal capitalization." The U.S. fintech-friendly bank was a key financial infrastructure provider for exchanges, institutional investors and mining companies and some investors are worried that its potential demise could have wide-ranging negative impacts on the crypto sector.
07.03 / 17:55
business
Blockchain
Binance
reserves
Binance adds 11 tokens to PoR, claims $63B in reserves
According to an announcement on Mar. 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report. These include MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. With the latest update, Binance says it now has over $63 billion across 24 assets in its proof-of-reserves system. The largest assets on the exchange include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with $12.7 billion, $7.1 billion, and $16.3 billion in net customer balances, respectively.
07.03 / 16:00
Binance
Digital
CEO
Assurant
Bybit suspends USD bank transfers amid service outages
Bybit, a Dubai-based cryptocurrency exchange, has announced that it is temporarily suspending United States dollar (USD) deposits via bank transfers in response to «service outages from a partner.» According to a blog post from March 4, USD deposits via wire transfer are no longer available, but users can still make USD deposits through the Advcash Wallet or with a credit card. Withdrawals through the Advcash Wallet are scheduled to be available soon, according to the exchange.
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