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Trading firms Jane Street Group, Tower Research Capital and Radix Trading have been reportedly identified as Binance’s three “VIP” clients that were cited anonymously in the recent lawsuit filed against Binance by the United States commodities regulator.According to an April 5 Bloomberg report citing "people familiar with the matter,” Radix
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The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to halt some zero-fee trading.In an April 4 newsletter blockchain analytics platform Kaiko reported Binance “lost 16% market share of
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“A Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action,” according to the Interpol website. "The individuals are wanted by the requesting member country, or international tribunal," the site added. Source
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The stablecoin’s recent popularity comes after Binance, the world’s largest crypto exchange by trading volume, picked TUSD as a favored stablecoin trading pair on its platform amid a regulatory crackdown on its namesake Binance USD (BUSD). New York regulators ordered BUSD issuer Paxos, a fintech firm based in the state,
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Binance’s on-chain holdings have reached a staggering $64 billion, as revealed by blockchain analytics firm Nansen, showcasing the cryptocurrency exchange’s sustained dominance in the digital asset market. According to recent findings from blockchain analytics firm Nansen, the on-chain assets held by Binance have reached an impressive $64 billion. This figure is
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Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance. Source
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BUSD, however, has shown signs of resilience despite the turbulence. The token has maintained its peg, seen only slightly above-average outflows of over $500 million and there have been no unforeseen incidents concerning BUSD that have taken place on BNB chain-based decentralized finance applications, in which the stablecoin plays a
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The BTC-TUSD trading volume had recently grown tenfold compared to Tuesday, Dustin Teander, an analyst at crypto research firm Messari, said in an email. However, the asset pair’s $50 million spot trading volume in the past 24 hours is dwarfed by the dominant stablecoin USDT’s $6 billion and BUSD’s $1
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Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet. According to a report on March 18, Binance's response did not include the financial data requested. Bloomberg learned from an anonymous source that despite being
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Crypto borrowing and lending platform Aave is moving closer to offboarding Binance's troubled stablecoin BUSD. Source
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