Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects. First reported by Offshore Alert, at least 10 complaints were filed in the Southern District of New York on April 3, alleging that the firms had sold crypto tokens to U.S. investors that were in […]

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What the Deal Means for Crypto- CoinDesk

Binance just bought the top of the funnel. The largest cryptocurrency exchange by market volume has acquired popular data site CoinMarketCap (CMC) for an undisclosed price, the companies announced Thursday. Binance CEO Changpeng “CZ” Zhao told CoinDesk the deal closed March 31, although a verbal agreement had been reached “a few months ago.”  With its […]

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After Court Victory, Indian Exchanges Gear Up for Crypto Trading Surge

The decision by India’s Supreme Court to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country.  India’s Supreme Court on Wednesday quashed a Reserve Bank of India (RBI) order dated April 6, 2018, which prohibited banks from providing services to […]

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Binance Now Lets Users Borrow Against Crypto Holdings to Fund Futures Trades

Malta-based Binance, one of the world’s top cryptocurrency exchanges by trading volume, now allows users put up their crypto holdings as collateral to fund futures trading. Launched soon before press time, the new “Cross Collateral” feature means users can trade futures contracts using assets stored in their Binance exchange wallet as collateral, without the need […]

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BNB-Based Crypto ETP Now Live on Swiss SIX Stock Exchange

Binance’s native cryptocurrency will serve as the underlying asset to a new exchange traded product (ETP). The world’s largest crypto exchange by trading volume said Wednesday it has partnered with fintech firm Amun to develop the USD-denominated ETP. Listed on the Switzerland’s principal stock exchange SIX under the ticker ABNB, the financial product can be […]

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Stolen Binance Funds Still Being Laundered Through Mixers, Researchers Claim

Binance’s recent hacker has been diligently washing funds stolen from the exchange back in May. Clain.io, a Luxembourg-cryptocurrency capital flows research team, says the 7,074 stolen coins are being laundered through mixing service Chipmixer. Clain says at least 4,836 bitcoins were laundered since June 12. A bitcoin tumbling service mixes bitcoins with other users’ coins. […]

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Binance Exchange’s Charity Falling Short of Transparency Goals

The Takeaway: The charity arm of Binance was reportedly financed late last year by donations of at least $13 million. However, less than half of the donations made to the Binance Charity Foundation (BCF) are accounted for on BCF’s website, which shows under $6 million worth of crypto. BCF is partnering with the nonprofit AFRIpads […]

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The Ethereum Killer Is Already Here – And Its Name Is Binance

Quietly, subtly, and without contest, Ethereum is currently under a sustained attack that has been ongoing for months. Long considered the king of the dApps, Ethereum is the one that other blockchain platforms seek to dethrone in their own attempts at ascension. Hence the well-known term – Ethereum Killer – which is often self-applied by […]

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The Stolen Binance Bitcoin Is On the Move Again

Hackers are now accessing wallets containing cryptocurrency stolen from Binance in May. Coinfirm, the company that tracked the original few moves in early May has spotted a massive outflow from the original hoard of wallets created on May 7, 2019. Coinfirm’s CEO, Grant Blaisdell, wrote: The attack was conducted using diversified techniques including viruses and phishing. […]

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Binance CEO Swats ‘Stupid’ Bitcoin SV Wright’s Shocking Prostitution Claim

By CCN: Self-proclaimed Satoshi Nakamoto, Craig Wright, just took his ongoing Bitcoin takeover gambit to the next level. Speaking at a CoinGeek conference in Toronto, Wright claimed that money from major cryptocurrency institutions like Binance, Bitfinex and Tether was being used to fund slavery and prostitution. Despite the severity of the claims, Binance CEO Changpeng […]

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