SEC Complaint Against Binance May Explain Former CEO Brian Brooks' Abrupt Resignation
The SEC's complaint against Binance may explain why former Binance.US CEO Brian Brooks resigned in August 2021, just three months after taking the position. The complaint cites an unnamed source who briefly ran Binance.US in 2021, which overlaps with Brooks' tenure. Brooks reportedly realized he was not actually running the company and decided to leave. Binance's Chief Communications Officer has pushed back on the speculation, but the news has impacted the prices of cryptocurrencies and publicly-traded crypto companies, with Coinbase potentially facing similar action from the SEC.
Binance.US Executive BJ Kang Sanctioned by Putin in Response to US Sanctions on Russian Officials and Entities
Russian President Vladimir Putin has imposed travel and financial restrictions on 500 individuals, including BJ Kang, the Head of Investigations for Binance.US and a former FBI agent. This move is seen as a response to the recent sanctions imposed by the United States on Russian officials and entities.
Binance.US Introduces Free Crypto Gifting Service for Shiba Inu and Other Canine-Themed Cryptocurrencies
Binance.US has launched a new feature called Crypto Box, which allows users to gift a variety of cryptocurrencies, including popular canine-themed digital assets like Shiba Inu, Floki Inu, and Dogecoin, to their loved ones without incurring transaction fees. This move is part of Binance.US's efforts to cater to Shiba Inu investors, which also includes the recent introduction of a dollar-cost averaging feature for SHIB. Additionally, LunarCrush has added support for Shiba Inu on its trading platform, while Nuxgame has partnered with CoinPayments to accept payments in SHIB. Bybit has also launched a giveaway campaign for Shiba Inu, offering users the chance to win a share of a $20K USDT prize pool by trading SHIB on the platform.
Binance.US Sells Bitcoin at Premium Amid Global Exchange's Recovery
Binance.US, the American arm of global cryptocurrency exchange Binance, is selling Bitcoin at a premium of $700 more than the cryptocurrency's market price on May 9. At the time of writing, Bitcoin is being traded at $28,393 on Binance.US, which is 2% higher than the current market price of $27,722 according to data from CoinGecko and CoinMarketCap. Binance.US' Bitcoin premium comes after Binance faced major withdrawal issues on May 7 due to unusual mempool congestion, which led the exchange to consider adding the Lightning Network to speed up BTC transactions.
From Musk's Dog to Binance.US Listing: A Comprehensive Examination of FLOKI Inu and Its Tokenomics
Binance.US has added FLOKI to its list of supported coins, which enables users to trade FLOKI against USD and USDT on the platform.
Binance.US Backs Out of $1B Voyager Asset Purchase Deal; OpenAI Closes $10B Funding Round | Cointime Weekly Apr.23 – Apr.29
Binance, FTX plans to restart Japanese exchange; PayPal subsidiary Venmo to introduce cryptocurrency transfers; Visa to develop Brazilian blockchain-powered CBDC project; step-by-step guide to asset tokenization.
Unstoppable Launches .binanceUS Domain As They Add Network Support
Binance.US has partnered with Unstoppable Domains and Polygon to offer .binanceUS domains, replacing long and complicated traditional addresses with simpler ones. Users can register for the waitlist until the domains are launched on the Polygon network, which will offer zero renewal fees and gas fees. Binance.US will make premium 2-digit and 2-letter domains available on the platform, and users can also search for and lock their preferred domains. The collaboration aims to simplify the experience for the Web3 community while enabling them to own their digital identities, and increase accessibility to Web3 by providing a safe and secure ecosystem.
Unstoppable Domains and Binance.US to Launch .BinanceUS Domains on Polygon
April 27 (Cointime) - Web3 domain provider Unstoppable Domains is teaming up with Binance.US to roll out .BinanceUS domain.
Voyager Legal Team Left Shell-Shocked As Binance US Walks Away From $1 Billion Acquisition Deal
Lawyers of Voyager Digital were taken aback when Binance.US called off its deal to acquire the assets of the insolvent crypto lender on Tuesday. The deal had been approved by a judge last week in the bankruptcy court.
Crypto Morning Briefing: Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption; Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations; Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche
