Belgium's Financial Services and Markets Authority (FSMA) has ordered Binance to cease all operations and crypto services. The exchange has been ordered to return all crypto assets belonging to Belgian clients.
BGC Partners CEO Howard Lutnick said that the firm would build a crypto exchange. The exchange is expected to launch in Q1, 2023. Institutional interest in crypto appears to be on the rise again, and bitcoin is proving attractive at its current price. Wholesale brokerage firm BGC Partners has announced...
Mark Cuban’s Ethereum wallet currently holds $455,427 worth of assets including cryptocurrencies such as Ethereum, OCEAN, and RARI. Apart from ETH, Cuban also holds 260,462 USDC which spans 54% of his crypto portfolio. Hotshot tech entrepreneur and billionaire Mark Cuban’s Ethereum wallet gives us a glimpse of his latest crypto...
ETH and ERC20 token deposits on Binance and other CEXs surges despite SBF's fraud and FTX debacle.
Arbitrum's ARB governance token is coming to Binance and Bitmex with major trading pairs and up to 20x leverage trading.
Summary: U.S. federal prosecutors asked Binance for documents regarding the platform’s anti-money laundering checks. Authorities also asked for communication records between CEO Changpeng Zhao and 12 other executives. The cornerstone of investigations revolves around whether or not Binance violated the Bank Secrecy Act, per reports. U.S. agencies like the SEC...
Summary: Binance suspended Australian Dollar deposits and withdrawals on June 1 after announcing the decision in May. Australian users can still buy and sell crypto tokens using their debit or credit cards, the exchange clarified in today’s announcement. The platform’s derivatives license was withdrawn in April following controversy with Binance...
Binance Australia has suspended Australian Dollar (AUD) bank transfers for deposits and withdrawals following issues with its local payment service provider.
Summary: Australia’s securities regulator searched the office premises of Binance Australia as part of an ongoing investigation, Bloomberg reported. This comes after the platform’s derivatives license was revoked in April after a mass liquidation incident that affected local users. Binance announced plans to sunset operations in Australia amid a “targeted...
Summary: CZ’s company hired Mazars to audit its Bitcoin reserves after FTX’s crash shook faith in crypto exchanges. Mazars reported that Binance’s BTC reserves were fully collateralized at a 101% ratio. The global auditor verified both proof-of-reserves and proof-of-liabilities following a snapshot taken on November 22. An audit on Binance’s...
Binance commands the greater share of crypto spot and derivatives trading in a 24 hour period, eclipsing competitors likes FTX, Coinbase, and KuCoin.
Binance has responded to a report published by Reuters earlier today, which alleged that the crypto exchange commingled customers' funds with company revenue between 2020 and 2021