Tag: Binance
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Forget The U.S. Fed; Hong Kong And China Will Initiate The Next Crypto Bull Market!
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In early 2023, many crypto experts predicted that a move by the U.S. Federal Reserve (FED) to lift the U.S. debt limit could trigger the next big crypto bull run. As the U.S. ramps up regulatory pressure on cryptocurrencies, China has become the likely bull market leader. All attention is…
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World’s Largest Crypto Platform Binance Suspected Of Money Laundering!
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A new chaos is brewing in the crypto world. This time, no less a market participant than the world’s largest crypto exchange Binance is at the centre of it. The U.S. Securities and Exchange Commission (SEC) has taken notice of the crypto exchange and most recently filed a lawsuit.
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Crypto.com Performs Partial Shutdown In The USA!
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Amid an increasing regulatory crackdown, the United States is experiencing a significant exodus of cryptocurrency companies. Crypto.com recognized the challenging environment and shut down part of its U.S. operations.
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Crypto: Altcoin Prices Went South With Binance Troubles In The US
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Last week, on Twitter, Binance.US announced that they would stop U.S. dollar Fiat payments. The crypto market reacted with substantial price losses but, since then recovered. The pressure from the U.S. Securities and Exchange Commission (SEC) against Binance.US has become so great that as of June 13, U.S. dollar-fiat transactions…
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Binance Founder Reportedly Plans Partial Exit From U.S. Subsidiary!
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The U.S. subsidiary of the world’s largest crypto exchange, Binance wants to reduce regulatory pressure with a change in ownership structure, according to a media report. Company founder and majority shareholder Changpeng Zhao is planning a partial exit from Binance.US, news portal The Information reported, citing insiders.
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Still Trusted? Crypto Exchange Binance Failed Twice Within 24 Hours!
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The crypto industry has been in panic mode since the collapse of Terra-Luna, Voyager Digital, and FTX. In this respect, Binance’s latest payout problems have caused a panic surge. On Sunday and Monday, Binance had to interrupt the transfer of Bitcoin for about two hours each.
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Connections To China Allegedly Concealed Crypto Exchange Binance!
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According to reports, the world’s largest crypto trading platform Binance has concealed its connections to China. If the allegation turns out to be accurate, this could have severe consequences for the company.
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Adam Moskowitz And The Billion-Dollar Class Action Lawsuit Against Binance!
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In the U.S., the trouble for the world’s largest crypto exchange Binance does not stop. Only one week after the regulatory authority CFTC filed a fraud complaint against Binance, the Adam Moskowitz law firm filed a class action against the crypto exchange, its managers, and promotors.
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Binance CEO Denies Rumours Of Interpol Red Notice!
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The cryptocurrency market has been abuzz with recent rumors from an anonymous source claiming that Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, allegedly received a Red Notice from Interpol. The rumor about the issuance of an Interpol Red Notice for Changpeng Zhao (CZ), the CEO of Binance, has immediately…
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Binance Denied Forbes Allegation Of Misused Security Deposits!
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The world’s largest crypto exchange by trading volume, Binance, is facing new allegations. Allegedly, Binance moved customer funds that were supposed to be used to secure certain stablecoin deposits. The procedure is “eerily similar to the manoeuvres of FTX,” writes the business magazine “Forbes.” Binance denied the Forbes allegations.