Tag: Binance

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Today in Crypto: Elderly Women Accuse US Man’s ‘Bitcoin Exchange’ of Scam, DigiFT Launches ‘First Regulatory-Compliant Ethereum Staking Token’, Qredo Wallet Integrates USDC

September 12, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Elderly Women Accuse US Man’s ‘Bitcoin Exchange’ of Scam, DigiFT Launches ‘First Regulatory-Compliant Ethereum Staking Token’, Qredo Wallet Integrates USDC  Read more »Sign up for e-EUR – the…
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Binance pledges $3M in BNB to Morocco earthquake victims

September 12, 2023

Binance said it will issue a series of airdrops worth up to $100 in BNB to users located in Morocco’s highly impacted Marrakech region. Cryptocurrency exchange Binance has pledged millions of dollars in BNB (BNB) as aid relief for those affected by the large earthquake that struck Morocco on Sept. 8, causing at least 2,000…
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Binance.US calls SEC’s court requests ‘unreasonable’ in new filing

September 12, 2023

Binance said the SEC’s requests are “unduly burdensome” soon after the parties agreed on a joint motion to file confidential information under seal. Binance.US has responded to the motion to compel and reply by the United States Securities and Exchange Commission (SEC), calling most of the SEC’s requests “unreasonable” and “unduly burdensome.” Attorneys of BAM…
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Liquidity in Crypto Markets Highly Concentrated Among Eight Exchanges

September 12, 2023

A recent report by crypto researcher Kaiko reveals that crypto trading liquidity is highly concentrated, with eight major exchanges handling almost 90% of the trading volume. Among these exchanges responsible for the vast majority of volume are Binance, Coinbase, OKX, and Huobi, the Kaiko report said…. Read More: Liquidity in Crypto Markets Highly Concentrated Among…
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Binance Executive Rejects Comparisons With Collapsed FTX

September 11, 2023

Richard Teng, the head of regional markets at Binance notes that the world’s largest cryptocurrency exchange has no operational similarity with collapsed FTX. Speaking with Andrew Fenton ahead of the 2023 Token2049 conference in Singapore he addressed multiple issues facing the exchange ranging from regulatory issues, users, and the potential ‘CZ successors.’… Read More: Binance…
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Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more

September 9, 2023

The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project. Bold plans for a nonfungible token (NFT)-based restaurant and private members lounge in San Francisco have ended abruptly after the company behind the project halted construction due to…
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BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

September 9, 2023

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in the…
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Binance Boss Counters ‘FUD’ Amidst Legal Challenges, Touts Company’s Resilience and Low Turnover

September 9, 2023

Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure of some top executives, CZ said Binance likely has “the lowest founding team…
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Binance Executives for Russia and Eastern Europe Leave Top Exchange

September 8, 2023

Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure and is considering leaving sanctioned Russia. Another 2 Managers Quit Crypto Exchange Binance as Executive Exodus Continues…
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