A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s plans in Brazil and add to its legal challenges. Parliamentary Committee Suggests Indictment…
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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. On Oct 11 Bloomberg reported that the low figures posted by the popular exchange in the last quarter could be its lowest in the last two years citing analytics…
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The orders to pass the pending motion come just a day before the key hearing between Binance and the SEC on Oct. 12. United States District Judge Amy Berman Jackson of the District Court for the District of Columbia has reportedly signed multiple orders to clear pending motions in the ongoing lawsuit filed by the U.S.…
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Alon Muroch, the founder of SSV Network, has been drafted into the Israeli Army, according to an X post shared on October 10. Following this news, SSV, the native token of the SSV Network, fell 5%, dropping below the $14 mark. At this pace, SSV is moving closer to its all-time low of around $13.40, registered in…
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The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap. Crypto data aggregator CoinMarketCap, owned by crypto exchange Binance, has created a novel plugin for the large-language model (LLM)-based AI chatbot ChatGPT. According to the Oct. 11 announcement, users can access the feature by signing in to their ChatGPT Plus account…
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Changpeng “CZ” Zhao, founder and CEO of Binance, has shared his thoughts on the upcoming Bitcoin halving. Using Binance Feed, the X-like social feed of the exchange, Zhao explained that Bitcoin prices won’t double immediately after the halving and that new all-time high (ATH) prices will only happen a year after this event. Binance CEO…
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Israeli law enforcement launched an operation targeting crypto addresses associated with the terrorist group Hamas. The country suffered an attack this past Sunday, leading to deaths and many civilians disappearing. Binance And Israel Work Together To Freeze Crypto A local news media Calculist report confirmed an operation led by the Israeli Police Department and the…
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The Financial Conduct Authority’s marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance. The Financial Conduct Authority (FCA) of the United Kingdom has placed restrictions on peer-to-peer lending platform Rebuildingsociety, the firm with which crypto exchange Binance partnered for compliance with the regulator’s marketing…
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Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited. Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the aftermath of the FTX collapse, may…
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The Hong Kong police force has issued an alert after 11 Binance users in the region fell victim to phishing scams, losing over $450,000 combined. Through its CyberDefender program, Hong Kong police warned that fraudsters impersonating Binance sent texts claiming accounts needed verification by linking. … Read More: Hong Kong Police Issues Warning After Binance Users Lose $450K in Phishing Scams…
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