Binance, SEC still in hostage negotiation over Binance.US assets
Binance faces a series of unfortunate events following the SEC's charges, with Binance.US announcing layoffs and a pay cut, while the exchange's BNB value plummeted.
Latest Binance News
Banq files for bankruptcy as Prime Trust’s struggles spread
Nevada-based 'crypto-friendly' payment processor Banq Inc's Chapter 11 bankruptcy filing lists around $18 million worth of assets, nearly all of which consists of the allegedly stolen property.
Why aren’t BTC and ETH included in SEC’s charges vs Coinbase, Binance?
Charging the world's two largest exchanges—Coinbase and Binance—poses a question of what makes a digital asset a security following the SEC's refusal to make a similar move against BTC and ETH.
Joshua Henslee: Why Binance SEC lawsuit doesn’t matter and his thoughts on the London Blockchain Conference
In a new video, Joshua Henslee shares his take on the Binance debacle, who would be affected by this chaos, the changes Ordinals may bring, and his experience at the London Blockchain Conference.
Binance gets more time to protest US exchange asset freeze
U.S. District Judge Amy Berman Jackson has given the parties until 5 p.m. on June 15 to report back on their progress before she makes any final decision regarding the SEC’s request to freeze funds.
Binance Nigeria ordered to stop operations as CZ’s global exchange denies links
Nigeria’s SEC ordered Binance Nigeria to halt operations as it’s unregistered, but the global exchange headed by Changpeng Zhao is now denying any links to the company.
Binance.US suspends USD deposits as senators call for DoJ investigation
Two prominent U.S. senators are calling for the Justice Department to investigate Binance over false statements the company made to lawmakers on March 1 when it responded to a Congressional inquiry about its business practices.
FCA introduces stricter rules for digital currency promotions
Under the new digital currency promotion rules, any promotion of digital currency products or services will need to attach a “clear warning,” suggested by the FCA.
SEC summons CZ, more Binance dirty laundry exposed
The summons to Changpeng Zhao and his Cayman-based Binance Holdings Ltd formally alerts the defendants that they have 21 days following service to respond to the SEC's complaint.
SEC seeks emergency freeze of Binance assets, accusing the exchange of commingling customer funds
The SEC also alleges that Binance and founder Changpeng Zhao commingled customer assets while moving billions of dollars from its accounts and into various bank accounts ultimately controlled by Zhao.
What the SEC charges against Binance, Coinbase mean for the industry
Charges filed by the SEC against Binance and Coinbase spell trouble for the 'crypto' industry dominated by exchanges that offer assets that amount to securities without proper authorization.
SEC charges Coinbase over illegally listing securities
The SEC's charges against Coinbase put the company at a high risk, with Berenberg analyst Mark Palmer projecting that "at least 37%" of the exchange's revenue could be wiped out.