Cryptocoins News / The Cointelegraph - 5 months ago
Changpeng Zhao is out at Binance, but his company lives on. That suggests tacit affirmation from the Biden administration of the crypto industry’s legitimacy. Binance...
Bitcoin News / Bitcoin.com - 5 months ago
The price of bitcoin is coasting along under the $37K range following the recent settlement between the U.S. Department of Justice (DOJ) and Binance. At the same time, the U.S. Federal Reserve’s minutes were released on Tuesday showing no sign...
Cryptocoins News / The Cointelegraph - 5 months ago
Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down....
Cryptocoins News / CoinJournal - 5 months ago
Binance CEO Changpeng Zhao resigns and pleads guilty.
Binance delisting of 10 major coins as regulatory response.
Binance restructures leadership and commits to compliance.
Binance, the world’s largest cryptocurrency exchange, is making signi...
Bitcoin News / Google News Bitcoin - 5 months ago
Over $200M in Crypto Futures Bets Liquidated as Bitcoin Slumped Under $36K on Binance Settlement& & CoinDesk
Cryptocoins News / Finance Magnates - 5 months ago
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commod...
Bitcoin News / Bitcoin.com - 5 months ago
The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement aut...
Cryptocoins News / The Cointelegraph - 5 months ago
Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts....
Cryptocoins News / The Cointelegraph - 5 months ago
The BNB token defied Nov. 21’s wider market downturn with a high-volume rally, which saw its price hit a five-month high at $271.90. BNB’s (BNB) price broke out to a f...
Cryptocoins News / CoinJournal - 5 months ago
Crypto flips red, with Bitcoin falling below $37k and BNB tanking 7% to $240 amid reports Binance CEO may resign’
A report by Forbes suggest the DOJ will make an announcement to that effect today.
The cryptocurrency market was retracing sharp...
Bitcoin News / Bitcoinist - 5 months ago
In the wake of ongoing crackdown by US regulatory agencies and investigations conducted by the Department of Justice (DOJ), Binance CEO Changpeng Zhao (CZ) is reportedly stepping stepping down as chairman of the world’s largest cryptocurrency e...
Cryptocoins News / The Cointelegraph - 5 months ago
Binance transferred $3.9 billion in USDT between its wallets, days before a report about a $4 billion settlement with the United States Justice Department was published....
Cryptocoins News / The Cointelegraph - 5 months ago
BNB hit its highest price since June after Bloomberg reported the U.S. Justice Department wanted $4 billion from Binance to end its probe into the exchange. BNB (BNB)...
Cryptocoins News / The Cointelegraph - 5 months ago
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks. A pilot program for a live Singapore dol...
Cryptocoins News / Finance Magnates - 5 months ago
FTX and BlockFi have received the approval to resume
proceedings for the negotiation of claims settlement in the aftermath of
BlockFi's bankruptcy filing last year. This step allows FTX to present
its arguments, paving the way for a potential settlem...
Cryptocoins News / The Cointelegraph - 5 months ago
A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi....
Bitcoin News / Bitcoinist - 5 months ago
In a recent development, bankrupt crypto lender Genesis has settled with defunct crypto hedge fund Three Arrows Capital (3AC), ending a months-long legal battle.
According to court documents, Genesis will pay $33 million to resolve the more than $1...
Cryptocoins News / Finance Magnates - 5 months ago
TD
Securities has chosen Paxos Settlement Service for Commodities, marking an advancement
in the precious metals market by adopting blockchain technology for trade
settlements. This collaboration brings the first instance of concurrent cash
and commo...
Bitcoin News / Bitcoin.com - 5 months ago
The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help compa...