Hong Kong Aims to Become New Crypto Hub as US Regulatory Crackdown Continues
Hong Kong is hoping to become a new hub for the crypto industry as US crypto companies face increasing regulatory crackdowns.
Binance Burns 1.6 Billion Terra Classic Tokens in Ongoing Supply Reduction Effort
Binance has burned 1.6 billion Terra Classic (LUNC) tokens worth $203,000 on April 1st as part of its ongoing effort to reduce the total supply of the digital asset. This follows the exchange's resumption of LUNC burn after halting in December 2022.
Binance, NBA Star Jimmy Butler, and Crypto Influencers Hit With $1 Billion Suit for Promoting Unregistered Securities
Late on the evening of March 31, the Moscowitz Law Firm and Boies Schiller Flexner, home to super-attorney David Boies, filed a class action suit that targets Binance, its founder Changpeng Zhao (CZ)—the world’s leading spokesman for the crypto industry—and hoops star Jimmy Butler of the Miami Heat.
Fantom Foundation Transfers 9.5 Million FTM to Binance in the Past Month
According to a recent tweet by @BitcoinEmber, the Fantom Foundation has net transferred 9.5 million FTM tokens to Binance and deposited a total of 22 million FTM through the Fantom chain wallet (0xA0d) in the last month. Fantom subsequently withdrew 12.5 million FTM via the Ethereum chain wallet (0xb5c).
Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is 'Way Too Sketchy'
The host of Mad Money, Jim Cramer, has warned investors about using cryptocurrency exchange Binance, stating that the crypto trading platform is “way too sketchy.”
Amber Group Transfers 2.41 Million ARB Worth $3.34 Million to Binance
Yesterday, Amber Group transferred 2.41 million ARB to Binance, as reported by Spot on Chain. The transaction was worth approximately $3.34 million, based on the price of ARB at the time, which was $1.37.
TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
TUSD’s 24-hour trading volume surpassed $1 billion for most of Thursday and Friday, according to CoinGecko. It is a significant increase from earlier this month, when TUSD recorded mostly sub-$100 million daily trading volume.
Crypto Morning Briefing: FTX EU Sets Up Website to Repay Users
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month; BUSD Trading Temporarily Halted by Binance.US After CFTC Allegations
Revolutionize Your Crypto Business with Binance Clone: The Ideal Solution for Entrepreneurs
Revolutionize Your Crypto Business with Binance Clone: The Ideal Solution for Entrepreneurs
BUSD Deposits and Withdrawals via OCBS Suspended on Binance.US
Binance.US has temporarily halted some of its services, including BUSD stablecoin pairs via One Common Billing System, due to an ongoing investigation into the issue. The affected services include BUSD crypto deposits and withdrawals, buying, selling, and converting crypto options. The company has also temporarily suspended Apple Pay and Google Pay deposits to transition to new banking and payment service providers over the next several weeks. Additionally, Binance.US has halted debit card deposits for up to 5% of its customers. The news comes as Binance.US' global affiliate, Binance, faces legal action from the U.S. Commodity Futures Trading Commission for alleged trading violations.
