Tag: Binance

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Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance

This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase. At the intersection of tech and cryptocurrency news, the Google for Startups Cloud Program has expanded to include 11 blockchain firms. Together, the entities will provide grants, expertise and services…
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Today in Crypto: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue Warnings After a $7.5M Scam, Hamas Stops Crypto Donations

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: Binance to Begin Japan Operations, Millennials are Dominant Crypto Enthusiast Group, Canadian Police Issue Warnings After a $7.5M Scam, Hamas Stops Crypto Donations  Read more »Sign up for…
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Binance Reportedly Removes Restrictions on Russian Users

The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions. Russian Cards, Including Visa…
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Court Orders Crypto Exchanges to Aid in Investigation of Collapsed Globix Trader

A court in the British Overseas Territory of Gibraltar has ordered several crypto exchanges to assist in the investigation of the collapsed crypto trading firm Globix. Per a report from the Financial Times on Tuesday, investigators are seeking to track down $43 million in missing funds from Globix, with exchanges now ordered to identify the…
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Binance Abandons $1 Billion Voyager Deal, Blames Challenging US Regulations

Binance.US has pulled out of the $1.3 billion deal to buy bankrupt crypto lender Voyager Digital, citing a “hostile” regulatory climate in the United States.  In a Tuesday tweet, the US arm of cryptocurrency exchange Binance revealed that it has exercised its right to terminate the asset purchase agreement with Voyager. It added:… Read More:…
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Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment

The parties got the go-ahead on the deal last week after overcoming several objections, but Binance.US changed its mind. Binance.US has backed out of its agreement to purchase $1 billion of bankrupt cryptocurrency brokerage Voyager Digital assets, the company announced in a tweet. It laid the blame for the move on “the hostile and uncertain…
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Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors

In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. …
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How to stake Polygon (MATIC)

Staking MATIC helps one to generate passive income. Find how to stake MATIC via MetaMask, Binance, Coinbase Wallet and Trust Wallet. The Polygon network, formerly the Matic network, is an Ethereum-scaling protocol that reduces cost and embeds high security. In a short span, Polygon has gained a high level of traction. A string of solutions…
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U.S. Federal Government Greenlights Voyager’s $1 Billion Binance.US Acquisition Deal

The U.S. federal government has approved the bid by Binance’s American branch to buy up the remaining assets of the bankrupt crypto lender Voyager Digital. In a Twitter thread earlier this week, Voyager’s Official Committee of Unsecured Creditors said a resolution has been reached with the government that will “allow the Plan to move forward…
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Spreading misinformation about Changpeng Zhao ‘was the norm’ for SBF, says Binance CSO

Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was “constantly” using his platform to disparage CZ without considering the FTX Token sale. Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread “fake rumors” about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann. In an…
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