Tron founder Justin Sun's offer to sell his stake in Huobi was reportedly rejected by rival crypto exchange Binance due to concerns over Huobi's alleged connections to mainland China.
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Changpeng
Binance reportedly hid its ties with China after the latter's crackdown on crypto in 2017. CEO Changpeng Zhao reportedly instructed employees to hide information about the exchange's presence in China.
Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation due to inadequate liquidity and insolvency. The bank's shares were halted earlier today after a 66% slump in premarket trading.
U.S Senators including Elizabeth Warren have accused Binance of facilitating over $10 billion in payments to criminals and sanction evaders
Binance abruptly shut down derivatives accounts and their open positions for some Australian users earlier today. The affected users were incorrectly classified as wholesale investors.
Summary: Binance Holding Ltd is reassessing its position in the U.S. and could cut ties with its partner firms in...
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order...
Summary: The company told Zanmai to withdraw all funds and assets in Binance wallets used for WazirX operations on February...