Joshua Henslee released a video discussing his take on the digital currency market chaos last week, particularly how the 'leaders' in the space are handling the issue.
Kraken was founded in 2011 by Jesse Powell while visiting his friend Roger Ver in Tokyo to deal with the aftermath of an early security breach at Mt. Gox exchange.
Binance announced a partnership with Paysafe that once again gives it access to the U.K. payments network, having lost it after the Financial Conduct Authority booted the exchange out in June.
The U.S. Securities and Exchange Commission has opened an investigation into Binance.US over its relationship with two trading firms said to be trading against Binance.US customers.
Sam Bankman-Fried recently hit the news when he was featured in Washington Post, vowing to give away millions worth of BTC, although he admits this is about wooing regulators and onboarding people to FTX.
A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering and Know Your Customer checks, and how Zhao led the flouting of laws.
Months after the Financial Conduct Authority shut down BInance over its illegal operations in the U.K, CEO Changpeng Zhao says the company is now in advanced stages to obtain licensing in the country.
Sam Bankman-Fried and FTX’s ties to Tether go beyond merely enjoying the increased activity that Tether’s constant printing brings about for exchanges throughout the ecosystem.
Crypto exchange Binance wants the world to know that it doesn’t conduct any business in China. Also, there’s no such thing as objective reality, so there’s no point accusing Binance of wrongdoing.
The Commodity Futures Trading Commission has launched a probe on Binance over alleged insider trading and market manipulation, saying its executives may have made money at the expense of users.
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.