Binance is set to suspend deposits and withdrawals via bank transfers for its UK-based customers. The decision comes after the exchange's local banking partner ended ties due to the regulatory environment.
Binance US has tapped MoonPay to enable crypto purchases via USD. MoonPay's USD on-ramp will let the exchange's users to purchase USDT, which can subsequently be exchange for over 150 crypto assets.
Summary: Voyager Digital was granted court approval allowing the defunct crypto broker to sell off some of its assets. The deal was previously halted by an SEC inquiry. Binance US will splash a whopping $1 billion as payment to Voyager, per previous reports. The deal is still subject to a...
Binance US is reportedly exploring ways to cut the controlling stake of its founder and owner Changpeng Zhao. The crypto exchange is hoping to bring down the regulatory scrutiny by limiting its relationship with Zhao.
Binance US has terminated the billion dollar deal to acquire the assets of Voyager Digital. The bankrupt crypto lender plans to directly distribute its assets to customers.
Binance US' banking partners have expressed their intention to suspend fiat (USD) withdrawals as soon as June 13, 2023. The crypto exchange has decided to suspend USD deposits today.
Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs, the entity that operates WazirX Binance’s CEO Changpeng Zhao has made surprising declarations regarding the Indian crypto exchange WazirX. While...
Summary: Binance’s American division successfully bid $1.022 billion for assets under bankrupt crypto broker Voyager Digital. The deal could fast-track unlocking customer funds after Voyager collapsed in July 2022 due to market conditions and exposure to Three Arrows Capital. Sam Bankman-Fried’s FTX bid $1.4 billion for Voyager’s asset before SBF’s...
Binance CEO Changpeng Zhao will stay committed to his financial offer backing Musk’s Twitter buyout deal. Binance had earlier announced it would commit $500 million to Musk’s Twitter bid offer. Per a Bloomberg report, Binance’s CEO, Changpeng Zhao, has stated that he will continue to back Musk’s $44 billion Twitter...
A report by Forbes found that Binance secretly transferred $1.8 billion worth of funds to several hedge funds in August 2022. The funds were meant to back B-peg USDC belonging to the exchange's customers.
