Cryptocurrency Analysis and News Portal
Binance has become one of the first crypto firms to join the Association of Certified Sanctions Specialists, ACSS, in an effort to stay in compliance with global sanctions.In a Jan. 6 announcement, Binance said its team of sanctions compliance personnel would be undergoing training as part of the certification process
Read More
Crypto exchange Binance and its CEO Changpeng Zhao are making headlines once again as news of the company’s acquisition moves hit the industry. According to recent news, Binance acquired a 41% stake on Korean crypto exchange Gopax. The deal was originally scheduled to be revealed last year, and it involved
Read More
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that it is “formally investigating whether the debtors and others violated the anti-fraud and other provisions of the federal securities laws.” SEC Intervenes in
Read More
The filing, made by Andrew G. Dietderich of Sullivan & Cromwell, the law firm representing the FTX group, said that Alameda is a “substantial shareholder” of Voyager. Under a rescue plan made in June, Alameda offered the collapsing Voyager $200 million and 15,000 bitcoin (BTC), of which $75 million in
Read More
Chatter about the solvency of Binance increased significantly after the collapse of FTX, and the exchange did suffer some outflows for a short period, though things have stabilized since. A market share this high could become problematic for the industry if Binance were to encounter any issues, whether regulatory or
Read More
Leading exchange Binance was recently crowned winner among exchange performances for 2022 after dominating the crypto space. According to Arcane Research, Binance is the clear winner among crypto exchanges considering performance in 2022. An Arcane January 3rd report highlighted the Changpeng Zhao-led platform soared due to a favorable combination of factors. These include the fallout
Read More
“One of the biggest signals showing the lack of participation is the drop in volatility and liquidity in the market,” said the report. “On October 22, the annualized 30-day volatility of BTC dropped to 26.6% – the lowest figure since July 2020, reflecting the risk averse sentiment in the market.” Source
Read More
Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the
Read More
Pharmacies in Ukraine are embracing digital payments amid the ongoing war, with a major local pharmacy chain enabling payments in cryptocurrencies like Bitcoin (BTC).ANC Pharmacy, one of the biggest pharmacy chains in Ukraine, has partnered with Binance Ukraine to debut cryptocurrency payments via contactless crypto payment service Binance Pay. Starting
Read MoreAlameda’s CEO, meanwhile, tweeted that her trading firm’s financial condition is stronger than what was reflected by the balance sheet CoinDesk wrote about. She also offered, in a reply to the Binance CEO’s post, to buy his firm’s FTT token holdings for $22 each. Original Source
Read More