Binance

The US Securities And Exchange Commission Sues Binance For Improper Use Of Funds, Causing Cryptocurrency Prices To Fluctuate

Amanda Collins11 months ago7 months ago04 mins

In a lawsuit filed in federal court in Washington (USA) on June 5, the SEC alleges that tokens traded on Binance.com and Binance.US, including Solana, Cardano, Polygon, Filecoin, Cosmos, Sandbox, Decentraland , Algorand, Axie Infinity and COTI are offered as securities. They also claim that the world’s largest cryptocurrency exchange violates investor protection regulations. Binance…

Binance Resumes Bitcoin Withdrawals After Twice Suspended

Amanda Collins1 year ago7 months ago02 mins

The exchange previously suspended withdrawals twice in less than 12 hours due to congestion on the bitcoin blockchain, weighing on the cryptocurrency market. The company said that the fee rate for pending transactions has been increased to allow Bitcoin miners to accept transactions. Bitcoin withdrawals were suspended for more than two hours on Monday. “To…

Binance CEO Mocks Tesla’s Bitcoin Stance, Implicitly Referring To Elon Musk’s ‘Hypocrisy’

Amanda Collins3 years ago7 months ago04 mins

Changpeng Zhao, CEO of cryptocurrency exchange platform Binance, took to Twitter to take a personal stance regarding recent criticisms of digital currency’s energy use. And one of them seems to refer to Tesla CEO Elon Musk. “When you use electricity to run cars, it’s environmentally friendly. When you use electricity to run the most efficient…