Tag Archives: Binance

Binance Temporarily Disables All Crypto Withdrawals, Cites Backlog

Binance Temporarily Disables All Crypto Withdrawals, Cites Backlog

Withdrawals resumed about 25 minutes after the stoppage was announced, before being disabled and then resumed again. Binance, the world’s largest crypto exchange, temporarily disabled all crypto withdrawals for a time on Monday due to a large backlog. Withdrawals were resumed about 25 minutes after the stoppage was announced to customers on its Twitter account Monday. Twenty […]

SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows

SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows

A new force is behind shiba inu’s most recent price surge. Shiba inu, the self-proclaimed dogecoin killer, briefly surpassed DOGE in market value on Wednesday, according to data from CoinGecko. Both coins now have a market cap of over $31 billion and are toggling between 10th and 11th on CoinGecko’s rankings page. Blockchain data shows that while […]

Ahead of Crackdown, Huobi Scrambled to Move Staff Out of China, Insiders Say

Ahead of Crackdown, Huobi Scrambled to Move Staff Out of China, Insiders Say

Interviews with former and current employees shine new light on the crypto exchange’s complicated relationship with its home country. Months before China’s latest crackdown, the Huobi Global cryptocurrency exchange relocated substantial parts of its operations out of the country, primarily to crypto-friendly Singapore, former and current employees told CoinDesk. Huobi had been trying to develop overseas […]

Binance.US Could Go Public in 3 Years, CEO Zhao Says: Report

Binance.US Could Go Public in 3 Years, CEO Zhao Says: Report

A listing would be a boon for the embattled Binance brand. Changpeng “CZ” Zhao, CEO of one of the world’s largest exchanges, Binance, says its U.S. affiliate is eyeing an initial public offering within three years. According to a report by The Information on Wednesday, Zhao said “Binance.US is just going to do what Coinbase did” by […]

Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’

Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’

“We are seeing wider adoption of cryptocurrencies globally and the need for clearer regulatory frameworks in different countries,” said CZ. Binance CEO Changpeng “CZ” Zhao has likened the recent pressures by regulators against his exchange business to that of the initial development of the car. In an open letter on Wednesday, CZ said the adoption and development […]

DOJ, IRS Investigating Crypto Exchange Binance: Report

DOJ, IRS Investigating Crypto Exchange Binance: Report

The world’s largest crypto exchange by volume is the subject of a U.S. money-laundering investigation, Bloomberg reported Thursday. Binance Holdings Ltd. is facing a federal investigation by the U.S. Department of Justice and the Internal Revenue Service, Bloomberg reported Thursday. Officials specializing in tax and money-laundering investigations are probing the world’s largest crypto exchange, according to the […]

Buying Your First Crypto? 10 Things You Should Know

Buying Your First Crypto? 10 Things You Should Know

Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices are surely tempting to newcomers, but they should be aware of the risks before jumping in. If you just started paying attention to cryptocurrency and are wondering whether to invest, here are 10 things you need to […]

Coinbase Misses Out on Dogecoin Listing as Meme Token Rallies 6,000%+ on Binance

Coinbase Misses Out on Dogecoin Listing as Meme Token Rallies 6,000%+ on Binance

Coinbase is known for its expensive trading fees yet it’s still not listing doge, one of the most traded tokens. Coinbase, the U.S.-based cryptocurrency exchange that went public this week with a direct listing of its shares on Nasdaq, is missing out on the latest frenzy whipping up gasps and chortles in digital asset markets: […]

If the US Voted With Blockchain, We’d Already Know the Election Winner

If the US Voted With Blockchain, We’d Already Know the Election Winner

Major commentators in the crypto space reminded that the U.S. election would have already been done and dusted if the country had used blockchain technology to count votes. Blockchain Voting: Quick and Secure Elections Binance CEO Changpeng Zhao pointed out that the election results would not only be tamper-proof but nearly instantaneous as well. Ethereum co-founder Vitalik […]