Binance
Binance wallets decrypted—taxman moves in on evaders
India's tax authorities are targeting over 400 high-net-worth individuals for evading taxes on their cryptocurrency profits from Binance. Many failed to disclose digital assets held on the offshore exchange, believing they could escape the substantial tax liabilities. The Income Tax department is now actively tracing these undeclared trades.
Offshore Binance wallets under scanner as I-T dept acts against undisclosed crypto profits
Indian tax authorities are targeting over 400 individuals for evading taxes on crypto trades conducted on Binance. These individuals allegedly hid their profits from digital assets parked in offshore wallets, failing to disclose them in their income tax returns. The Central Board of Direct Taxes has directed investigation wings to report actions by October 17.
BlackRock, Binance, and Coinbase dump $1.1 billion in Bitcoin in 6 hours – here’s what we know
Big companies like BlackRock, Binance, and Coinbase sold $1.1 billion in Bitcoin in just 6 hours, causing the crypto market to drop. Bitcoin fell below $110,000, while ETFs saw large outflows. Traders are cautious as technical signals show weakness. Experts say this may be a short-term dip, but some investors see it as a buying opportunity.
Crypto bloodbath: Bitcoin crashes below $105,000 as market value nosedives
Crypto crash 2025: Digital assets experienced a severe downturn, with Bitcoin plummeting below $105,000, shattering its safe-haven image. This market chaos saw Ethereum and Binance Token also suffer significant losses. Analysts suggest this is a market repricing amid broader financial sector anxieties and a flight to safety, leading to substantial investor withdrawals from crypto ETFs.
Crypto sees record $19 billion wipeout as Trump slaps 100% tariff on Chinese tech imports
Cryptocurrency markets plunged after Trump announced a 100% tariff on Chinese tech imports, triggering a record $19 billion liquidation. Major tokens, including Bitcoin, Ethereum, XRP, and Binance Coin, saw steep declines, highlighting heightened volatility amid U.S.-China trade tensions and global crypto market instability.
Crypto faces historic $19 billion slide as Trump slaps 100% tariffs on Chinese tech
Bitcoin extended its sharp sell-off, tumbling 8.4% to $104,782 after U.S. President Donald Trump imposed 100% tariffs on Chinese tech exports and tightened software controls. The announcement triggered a $19 billion wipeout across the cryptocurrency market, liquidating over 1.6 million traders. Ethereum, XRP, and Binance Coin also plunged, while experts see short-term pressure but a bullish long-term outlook.
Crypto market plunges $19 billion: How BNB stayed stable above $1,000 amid the crash
Cryptocurrency markets faced significant turmoil on Friday, October 10, following US tariff announcements. BNB experienced a notable intraday drop but showed resilience, trading above $1,130. This stability is attributed to recent momentum and its dual role as a Binance exchange token, offering discounts and staking benefits, making it an attractive hedge during volatility.
Kazakhstan launches first crypto fund Alem crypto fund with Binance partnership
Kazakhstan has started its first crypto fund called Alem Crypto Fund to invest in digital assets for the long term. The fund works with Binance Kazakhstan and made its first investment in BNB tokens. It aims to build digital reserves, support the country’s financial growth, and create a safe, transparent crypto market for investors.
Meet Garret Jin: The mysterious trader who made millions shorting Bitcoin before the crash
Bitcoin short position profit: A major crypto trader reportedly made millions by placing a $735 million Bitcoin short position just before President Trump's tariff announcement. Online analysts identified Hong Kong businessman Garret Jin, founder of the defunct BitForex, as the trader. Jin denies insider trading, stating the move was based on economic analysis and risk alerts.
Central Asia's maiden crypto fund launched in Kazakhstan
Kazakhstan has launched Alem Crypto Fund, its first crypto fund, managed by Qazaqstan Venture Group within AIFC. Backed by Binance Kazakhstan, it targets long-term digital asset investments, strategic reserves, and state-level savings for advancing digital finance.
Bitcoin crashes to $105,000 before rapid rebound; why the market plunged and what triggered the bounce
Bitcoin experienced a dramatic sell-off late Friday, briefly dropping to $105,000 before a rapid rebound above $114,000. This volatile swing liquidated over $3.32 billion in leveraged positions within an hour. Technical indicators suggest a temporary cooldown, with analysts noting the market needs to hold above $110,000 to prevent further selling pressure.
Central Asia's maiden crypto fund launched in Kazakhstan
The Alem Crypto Fund will operate under the Ministry of Artificial Intelligence and Digital Development. It aims for long-term digital asset investments and strategic reserves. The fund partnered with Binance Kazakhstan. Its first investment involved acquiring BNB tokens. This initiative marks a step towards advancing digital finance in the region.
Crypto market hit the largest liquidation in history, $19 billion liquidated after Trump’s new tariffs shock
Global markets reeled Friday as President Trump's 100% tariff hike on Chinese imports and new export controls triggered the largest crypto liquidation ever, wiping out over $19 billion in leveraged positions. Bitcoin and Ethereum saw significant losses, with fears of a deepening US-China trade war impacting stocks and oil too. Investors are now bracing for further volatility.
Crypto crash deepens further: total crypto market cap down to $3.88 trn — BTC, XRP and ETH tumble — is the $100K BTC breakdown coming next or will AI tokens trigger the next boom?
Crypto crash continues as digital assets slide deeper, with the total market cap down 1.4% to $3.88 trillion and daily volume near $194 billion. Bitcoin (BTC) dropped 2.2% to $110,774, while Ethereum (ETH) fell 4.4% to $3,993 amid fading ETF inflows and a major futures wipeout. A 2,000 BTC wallet reactivation added fresh anxiety as 93 of the top 100 coins turned red — leaving traders asking, is the $100K BTC breakdown coming next?
Bitcoin price crashes 1.4% to $122,494 as U.S. dollar surge hits crypto market — Ethereum, XRP, Solana slide, Binance Coin defies market
Bitcoin price tumbled 1.4% today to $122,494. The rising U.S. dollar hit the crypto market, pushing Ethereum, XRP, and Solana lower. Binance Coin defied the trend with gains. Strong dollar strength and Federal Reserve moves are pressuring crypto demand. Bitcoin’s key support near $120,000 keeps bulls hopeful.
Crypto CEO Konstantin Galish spoke about financial troubles before he died by suicide? His last post emerges after his tragic death
A prominent Ukrainian crypto investor, Konstantin Galish, was discovered deceased in his luxury car. His death occurred shortly after a significant cryptocurrency market downturn. Authorities are investigating the circumstances, with initial reports suggesting suicide. Kudo was known for his extravagant lifestyle and co-founded a crypto trading academy. The crypto community mourns his loss.
Crypto trader bags $160 million profit as Trump’s market bloodbath wipes out billions - here's how he did it
Crypto market crash: A crypto whale made over 160 million dollars. This profit came from a massive short bet on Bitcoin and Ethereum. The bet was timed perfectly just before markets crashed. The crash followed a surprise tariff announcement by US President Donald Trump. This event caused widespread panic and record liquidations for traders.
Crypto whale linked to Trump slams insider rumors — then opens $340 million Bitcoin short
Crypto Whale shorting Bitcoin: A crypto whale, linked to former BitForex CEO Garrett Jin, has denied insider trading claims regarding Donald Trump's tariff comments. This individual reportedly profited significantly from shorting Bitcoin and Ethereum before the announcement and has now placed another massive bet against Bitcoin, sparking debate among analysts about the timing of their trades.
Crypto market dips below $4 trn: why crypto down today - 9 of the top 10 coins losing value; will Fed rate cut revive the market? here's crypto market recovery prediction
The cryptocurrency market is under significant pressure on October 14. Overall value slipped below $4 trillion, now at $3.97 trillion. Bitcoin dropped 1% to $113,144. Ethereum fell slightly to $4,104. Nine of the top ten coins showed losses. Only Solana gained, up 4.1%. Rising US-China trade tensions sparked market jitters. Investors also brace for the Federal Reserve’s next rate decision. These pressures fuel crypto volatility and cautious sentiment today.
Crypto Crash: Bitcoin, Ethereum, XRP price drop explained. Here's analysts deep insights, investor sentiment shift, ETF outflows, policy developments, trader liquidations, market panic
Crypto crash deepens as Bitcoin and Ethereum prices fall sharply amid global market concerns. Bitcoin drops to $105,700 and Ethereum to $3,764. XRP risks sliding below $2. Analysts cite credit fears, ETF outflows, and leveraged trader liquidations as main drivers behind the latest downturn in cryptocurrency prices.
Bitcoin Price Forecast: BTC holds above $110K as bulls defend support. Will it recover or continue to fall? Here's crucial traders and analysts insights
Bitcoin price forecast shows BTC holding above $110K as bulls defend key support. Institutional buyers return, and technical indicators point to a potential trend reversal. Mid-sized wallets accumulate, while macro factors and Fed rate expectations support a gradual recovery, signaling possible moves toward $120K in the coming months.
Bitcoin explained: The digital gold everyone’s talking about, and how it really works
Bitcoin is a digital currency that people can use to buy, sell, and invest online. It works on blockchain technology, which keeps transactions secure and private. Bitcoin is decentralized, so no bank or government controls it. Its price can go up or down quickly, making it popular for investments but also risky for beginners.
Cryptocurrency investor known as 'Bitcoin Jesus' reaches Deal With Prosecutors. What to expect?
Under the deal, which has not been filed with the court and could still change, the charges would eventually be dropped if Ver complied with the terms of the agreement.
Crypto market crash: BTC, ETH, and altcoins plunge; billions lost in sudden weekend panic — Is this the beginning of a total market wipeout?
Crypto market crash rocks October 2025. Bitcoin, Ethereum, and top altcoins plunged billions in hours. The $20 billion wipeout shocked investors and highlighted extreme crypto volatility. Bitcoin fell from $126K to below $105K. Ethereum dropped nearly 11%. Many altcoins lost up to 40% in minutes. The crash was triggered by escalating US-China trade tensions and heavy liquidations. Despite a partial rebound Monday, risks remain high for crypto traders. This crash is a sharp warning about crypto’s volatility and market fragility.
Dogecoin, Bitcoin, Ethereum still falling? Check price update, reason for the big slump and more
Digital assets surged today, with Bitcoin reclaiming $112,000, Ethereum $4,000, and BNB $1,000. Whale accumulation, including $3.3 billion in BTC, fueled this recovery despite recent ETF outflows. While Solana also rose, Dogecoin and Cardano showed volatility and remained under pressure.
Crypto up or down today October 3, 2025? Here's crypto market leaders daily performance, daily trading volume, Crypto Market key price levels and sentiment as ETF inflows continue
Crypto up or down today October 3, 2025? The cryptocurrency market is higher, with Bitcoin trading near $120,000 and Ethereum at $4,467. Trading volume rose, ETFs recorded inflows, and analysts shared caution over consolidation.
Hairstylist Jawed Habib, son allegedly absconding after defrauding hundreds of people in crypto scam
Jawed Habib and his son Anas Habib face police charges. They are accused of a cryptocurrency scam in Uttar Pradesh. Over 150 people were allegedly duped of significant money. The scam operated under Follicle Global Company. Investors were promised high returns on Binance Coins and Bitcoins. Police are investigating the case.
As XRP price crashes 9%, Bitcoin Hyper, BNB, and Best Wallet Token attract buyers
XRP price crash: The crypto market is experiencing bearish volatility, with XRP showing fatigue after its rally and potential drop to $2 as past wins are priced in. Amidst this, new projects like Bitcoin Hyper and Best Wallet Token are attracting significant presale investments, while BNB maintains strength, indicating a shift in investor attention.
'Tip of the iceberg': How scammers used identity of farmers, delivery boys and others for a crypto scam worth Rs 170 cr
The income tax department in Hyderabad has unearthed a cryptocurrency trading scheme where unsuspecting citizens' identities were used. Investigations revealed individuals like farmers and delivery boys linked to crores in crypto trades, despite lacking the means. Officials suspect a widespread identity theft racket masking high-value digital currency transactions, with investigations ongoing across multiple districts.
Why are Bitcoin, Dogecoin and Ethereum sliding, wiping out over $1 billion in liquidations?
Major cryptocurrencies, including Bitcoin and Ethereum, experienced a significant downturn, leading to over $1 billion in liquidations. The drop coincides with a dip in the stock market and anticipation of upcoming U.S. inflation data, influencing Federal Reserve decisions on interest rates.
Binance Coin hits record $907 after Franklin Templeton digital asset partnership
Binance Coin (BNB) hit a record $907 after Binance announced a partnership with Franklin Templeton to develop digital asset products. The collaboration aims to combine tokenisation expertise and global trading infrastructure, creating innovative, compliant solutions for investors while bridging traditional finance and crypto markets.
Bitcoin price prediction today: could BTC’s sudden weakness trigger a major market crash or set up a shocking rebound?
Bitcoin is currently trading around $112,800–113,000, slipping about 2–3% in the past 24 hours. The market is showing signs of pressure as traders debate whether this is just a healthy pullback or the start of something bigger. The crash was triggered by a combination of high leverage, low liquidity, and a "Triple Witching" crypto options expiry, compounded by macroeconomic worries such as recession fears and Treasury yield rises.
Crypto whales ramp up buying ahead of US inflation report and Fed meeting
CPI report impact on crypto: Ahead of the US CPI report, crypto whales are strategically positioning themselves across various tokens. Ethena (ENA) is gaining traction due to its stablecoin offerings, while Uniswap (UNI) benefits from the DeFi resurgence. Ondo (ONDO)'s focus on real-world assets provides a balanced approach amidst inflation uncertainty, attracting significant whale investment.
Inside Trump’s crypto empire and its impact on international relations
Trump's shift to cryptocurrency advocacy after accepting crypto donations has sparked ethical and security concerns. His administration's deals through World Liberty Financial (WLF) with countries like Pakistan and UAE raise red flags about conflicts of interest. These actions may weaken anti-money laundering measures, potentially enabling illicit activities and creating geopolitical flashpoints.
Will there be a sharp surge or a steep $50,000 correction in Bitcoin in October? Analysts weigh in
Bitcoin is at a key stage, and traders are watching October for big moves. Some analysts think it could rise, while others warn of a sharp drop. Support and resistance levels are being tested, and market signals show mixed sentiment. Investors are alert as Bitcoin faces possible high volatility and price changes ahead.
Trump Crypto Play: Trading kicks off in World Liberty tokens
The World Liberty tokens, known as $WLFI, were sold to investors after the Trump family and its business partners last year launched the venture, a "decentralised finance" platform that has also issued a stablecoin. In July, investors in the tokens voted to make them tradable, paving the way for their sale and purchase - and potentially boosting the value of the president's holdings of them.
Crypto Price Today: Bitcoin in choppy trade, slips to 7-week's low. Is it time to buy the dip?
Bitcoin slipped 0.2%, trading near $1,11,375, its lowest in seven weeks after retreating from August highs. Profit booking hit major altcoins, while Avalanche gained. BTC ETFs saw $250M inflows, ending outflows. Ether surged 4%, hitting $4,955, with strong investor traction and heavy inflows supporting bullish momentum.
Indian crypto platforms thriving in regulatory grey zone, lower taxes: Zerodha's Nithin Kamath
Indian crypto platforms are witnessing a surge in futures trading, fueled by lower taxes, high leverage, and regulatory ambiguity. Zerodha’s Nithin Kamath highlighted their rapid rise, with futures volumes far surpassing spot deals across exchanges.
Why are Indian traders flocking to crypto futures over spot deals?
Crypto futures trading in India is surpassing spot deals. Traders are drawn to potential profits and lower taxes. Futures volumes now exceed spot volumes significantly. Domestic platforms accept Indian rupees for margins. Tax benefits exist as TDS is not applicable on futures transactions. The Central Board of Direct Taxes is examining crypto derivatives and cross-border transactions.
Bitcoin Crash Explained: What happens if cryptocurrency falls to zero and how to survive? Here’s how investors, financial system, other cryptocurrencies will react to a crash
Bitcoin Crash could impact not only cryptocurrency holders but also global markets. With its $2.31 trillion market cap, a collapse would ripple across institutions, investors, and the wider economy.
Why haven't sanctions on Russia stopped the war? The money is still flowing.
Despite extensive sanctions, Russia continues cross-border trade, raising questions about enforcement effectiveness. While the U.S. has penalized some financial institutions, broader action against major players, particularly in China, is complicated by potential global economic instability. Russia circumvents restrictions through alternative payment channels, highlighting the challenges in fully isolating its economy.
XRP price plunges to $2.80 after 25% slide — bearish chart screams $2.40, but could HashedMining flip the script?
XRP slipped to $2.80 today, marking a sharp 25% drop from its recent multi-year peak, and traders are watching closely as charts point toward a possible fall to $2.40 support. At the same time, the launch of HashedMining’s new cloud mining platform is giving investors fresh options to earn from crypto beyond price swings.
Kraken’s Capitalise.ai deal: game-changing no-code AI trading or just more hype in crypto’s AI race?
Kraken Capitalise.ai acquisition is shaping up to be one of the most important shifts in crypto trading this year. With the takeover of the Israeli no-code trading platform, Kraken is betting big on AI-powered automation for its Kraken Pro users.
XRP crashes below $3 today: a critical juncture — buy now or wait for the next surge? here’s what analysts say
XRP price prediction is once again at the center of market debate as Ripple’s token struggles to hold the $3 support level after a recent rally to $3.32. Traders are closely watching whether XRP can reclaim the crucial $3.20 resistance, which could open the path toward the July high near $3.66. A dip below $3 may trigger further selling, with potential targets as low as $2.72 or even $2.25.
Ethereum rebounds after $8B sell-off — are whales secretly plotting a $5K comeback?
Ethereum is making a surprising rebound today, climbing after an $8 billion sell-off just 24 hours ago. Whale wallets are quietly scooping up coins, and with prices back on the rise, traders are wondering if this could be the start of a push toward that long-awaited $5,000 mark.
Bitcoin at $124K, reaches all-time high. Here's what experts say
Bitcoin hit a record high of $123,500 on Wednesday, tracking gains in US equities. As of 10:21 AM IST, it was up 3.13% in 24 hours and 7.66% over the past week.
Detained Binance executive escapes custody in Nigeria, national security adviser says
Binance said earlier that it was aware that Anjarwalla, who is the company's regional manager for Africa, was no longer under Nigerian custody and that the company was working with authorities to resolve the issue.
Binance execs' texts, documents show plan to avoid US scrutiny
Binance developers in China maintained the software code that supported Binance.US users' digital wallets, potentially giving Binance access to U.S. customer data
Binance, world's top crypto exchange, at the centre of US investigations
Binance was founded in Shanghai in 2017, but later moved to Tokyo and then Malta. While its holding company is based in the Cayman Islands, Binance says it does not have a headquarters and has declined to state the location of its main Binance.com exchange.
Crypto giant Binance moved $400 million from US partner to firm managed by CEO Zhao
The Binance.US account was registered under the name of BAM Trading, the U.S. exchange's operating company, according to the records. Company messages show the transfers to Merit Peak began in late 2020.
Crypto exchange Binance says Ireland is part of its regional HQ plans
“It's very clear now that to run a centralised exchange, you need a centralised, legal entity structure behind it,” Binance CEO Changpeng Zhao says amid intensifying regulatory scrutiny for the world’s largest crypto exchange.
Crypto giant Binance controlled 'independent' US affiliate's bank accounts
US lender Silvergate Bank authorized the executive, Guangying Chen, a close associate of Binance CEO Changpeng Zhao, to operate the accounts in 2019 and 2020, according to records from those years. This allowed Chen and her deputies to move funds held in the bank accounts. Employees at the affiliate, Binance.US, had to ask Chen's team to process payments, even to cover the firm's payroll, company messages show.
Exclusive-Crypto giant Binance controlled 'independent' U.S. affiliate's bank accounts
Senior Binance management controlled five bank accounts belonging to its US affiliate, Binance.US. According to bank records from 2019 and 2020, Binance's Guangying Chen, a close associate of CEO Changpeng Zhao, was the operator for the accounts, including one holding American customers' funds. Binance.US employees had to ask Chen's team to process payments, including the firm's payroll. Despite Binance.US maintaining that it has always operated independently, the bank records and messages show that Binance maintained tight control over its US business's finances. Binance and Silvergate, which was wound down in March, did not comment.
Ex-CEO of Binance's US firm has enlisted lawyer for US investigations
Catherine Coley, who launched Binance.US in 2019 and left suddenly two years later, is being advised by James McDonald, now a partner at New York law firm Sullivan & Cromwell
Binance CEO's trading firm received $11 billion via client deposit company: US SEC
In its 13 charges, the SEC alleged that Binance and Zhao used Merit Peak and Sigma Chain, another trading firm controlled by Zhao, to commingle corporate funds with client assets and use the monies "as they please."
Binance, SEC strike deal to move all US customer funds, wallet keys back onshore
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds, CoinDesk said on Saturday.
Crypto giant Binance commingled customer funds and company revenue, former insiders say
One of the sources, a person with direct knowledge of Binance's group finances, said the sums ran into billions of dollars and commingling happened almost daily in accounts the exchange held at US lender Silvergate Bank.
Binance says withdrawals have resumed after technical glitches
Binance suspended deposits and withdrawals earlier on Friday due to a "bug on a trailing stop order," Chief Executive Changpeng Zhao said in a tweet, adding that the pause in deposits and withdrawals was a standard operating procedure.
Binance’s token gains after report of US seeking settlement
The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation, Bloomberg News reported. Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to people familiar with the discussions.
Crypto exchange Binance to halt sterling transfers
Binance has been informed by its partner for sterling transfers, Paysafe, that it would halt its services from May 22, the spokesperson said, impacting all Binance customers.
US sought records on Binance CEO for crypto money laundering probe
The December 2020 request, which has not been previously reported, was part of a Justice Department investigation into Binance's compliance with US financial crime laws that remains ongoing, four people familiar with the inquiry said.
Binance's books are a black box, filings show, as crypto giant tries to rally confidence
The exchange said it dealt with net outflows of around $6 billion over 72 hours last week "without breaking stride" because its finances are solid and "we take our responsibility as a custodian seriously." After the collapse of rival exchange FTX last month, Binance's founder Changpeng Zhao promised his company would "lead by example" in embracing transparency.
US sues Binance and founder Zhao over 'web of deception'
The SEC also claimed that Binance and Zhao, its billionaire founder and one of the crypto industry's highest-profile moguls, secretly controlled customers' assets, allowing them to commingle and divert investor funds "as they please."
Binance, SEC strike deal to keep US customer assets in country
The agreement, disclosed in court papers filed late on Friday, still requires the approval of the federal judge overseeing the litigation. To make certain that U.S. customer assets do not go offshore, the agreement allows only Binance.US employees access to these assets.
Crypto exchange Binance says sterling withdrawals reactivated after outage
Binance customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain cracked down on some of its activities in the country.
Cryptocurrency exchange Binance sets up $50 million Indian blockchain fund
The fund, which plans to invest upwards of $100,000 per startup, promises to open up direct access to Binance’s global blockchain ecosystem to India’s entrepreneurial community.
Binance lays off over 1,000 employees: Report
U.S. regulators last month sued the crypto exchange and its CEO Changpeng Zhao for allegedly operating a "web of deception." Binance has said it would defend itself "vigorously."
Binance issues cease and desist notice to 'Binance Nigeria Limited'
Earlier this month, Nigeria's markets regulator ordered Binance to halt its operations in the country, saying local unit "Binance Nigeria Limited" that courted Nigerian investors through a website was not registered or regulated, making it illegal.
Binance CEO Richard Teng braced for uphill battle in post-Zhao era
Teng was quickly appointed CEO this week after Binance's founder Changpeng Zhao pleaded guilty to breaking US anti-money laundering laws, part of a $4.3 billion deal to resolve a years-long US investigation.
Singapore central bank says Binance may be in breach of rules
"MAS has reviewed Binance.com's operations and is of the view that Binance, the operator of Binance.com, may be in breach of the Payment Services Act," the Monetary Authority of Singapore (MAS) said in a statement.
Binance considers pulling back from US partners as crypto crackdown escalates
In the past week, the clampdown has taken its toll. The international exchange experienced a net outflow of $1.9 billion in assets, according to data estimates from Nansen. The crackdown on Binance stablecoin BUSD, issued by Paxos, has sparked $2.3 billion in redemptions of the tokens from Monday to Thursday
Binance sees withdrawals of $1.9 billion in last 24 hours: data firm Nansen
Binance, whose dominance of crypto was cemented by the bankruptcy of rival exchange FTX, last week tweeted a so-called proof-of-reserves report by audit firm Mazars.
Binance sees withdrawals of $1.9 billion in last 24 hours, data firm Nansen says
Binance, whose dominance of crypto was cemented by the bankruptcy of rival exchange FTX, last week tweeted a so-called proof-of-reserves report by audit firm Mazars. The report showed its holdings of bitcoin exceeded customer deposits on a single day in November.
Binance has not sold either bitcoin or Binance Coin, CEO says
Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company's CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. exchange.
Crypto investors cheer talk of Binance criminal probe resolution
The U.S. Justice Department (DOJ) is seeking over $4 billion from Binance as part of a proposed resolution of its probe, Bloomberg reported on Monday, citing people familiar with the discussions
Binance's European banking partner to withdraw support: report
The crypto exchange will be changing the provider for euro deposits and withdrawals through the Single Euro Payments Area (SEPA), while the current partner - Paysafe - will no longer be providing these services to Binance users, the report said.
