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Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg

27.10.2023
Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion

Today in Crypto: Digital Asset Product AUM Surged to $31.7 Billion in October, Binance Validated 300 User-suggested Features

27.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investment news In October, the total assets under management (AUM) for digital asset products surged by 6.74% to reach...

Changpeng Zhao’s Net Worth Plummets by 82% Amid Binance Regulatory Turmoil

27.10.2023
The CEO and co-founder of Binance Changpeng Zhao has taken personal hits from the market with his net worth falling due to low trading volumes. The Bloomberg Billionaire Index Index released on Oct 26, shows the net worth of Zhao cut by $11.9 billion, a massive decline from his $96.9 billion...

Missed BINANCE Don’t Missed OTX-Open Trade Exchange

27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In a dynamic twist to the ever-evolving cryptocurrency market, a new player has emerged on the scene — OTX Exchange. Positioned as a formidable competitor to the industry titan...

Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0

27.10.2023
Binance CEO Changpeng Zhao’s crypto empire has fallen over 80% from its January 2022 peak of almost $97 billion

UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules

27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...

Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

26.10.2023
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas

Lawmakers Urge DOJ to Decide on Binance and Tether’s Role in Crypto Funded Terrorism Linked to Hamas and Israel Conflict

26.10.2023
Today, as the U.S. Department of Justice (DOJ) evaluates possible criminal charges against Binance and Tether, two prominent U.S. lawmakers are emphasizing the urgency of the matter. U.S. Senator Cynthia Lummis (R-Wy.) and Representative French Hill (R-Ark.) dispatched a letter to Attorney General...

Binance’s Stablecoin BUSD Market Capitalization Slides 90% from Peak – Will it Affect Binance Exchange?

26.10.2023
Binance USD (BUSD) , the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November...

Lawmakers Lummis and Hill Urge DOJ Decision on Charging Binance and Tether for Aiding Hamas

26.10.2023
U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas

FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges

26.10.2023
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocurrencies to Binance earlier in the day....

Binance pledges user safety with mandatory self-trade prevention

26.10.2023
Binance has made a strong commitment to safeguarding the interests of its users, and for that, it has built a user-friendly trading scenario. The company is inclined towards innovation and safeguarding users from the unstable cryptocurrency trading situation. Earlier, the company had announced...

Is Binance Coin Going to Zero? BNB Price Drops 1% as Newcomer Coin Races Past $750,000 Milestone

26.10.2023
Despite Bitcoin price pushing up, and a break-out alt-season, Binance Coin (BNB) is struggling to make gains, and following a -1% drop dejected bag-holders are now asking ‘Is Binance Coin going to Zero?’ – find out in BNB price analysis. This comes as disappointing reports...

Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%

26.10.2023
Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm. The venture capital division of the largest cryptocurrency exchange by volume, Binance Labs revealed on X (Twitter) that it made a follow-on investment...

Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit

26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...

FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours

25.10.2023
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase

Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance

25.10.2023
On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in cryptocurrency assets found its way to an address associated...