Binance ecosystem
Binance ecosystem

SEC files motion for restraining order against Binance

The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. NEWS The United States Securities and Exchange Commission (SEC) filed an emergency motion in the District of Columbia U.S. District Court for a temporary restraining order against Binance, Binance.US and CEO Changpeng Zhao (CZ) on June 6, requesting eight actions.  The requested actions […]

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Binance ecosystem

Binance.​US says user funds ‘remain safe’ amid SEC attempt to freeze assets

The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s motion “unwarranted.” NEWS Crypto exchange Binance.US has attempted to quell possible unrest from its users following a motion from the United States securities regulator seeking to freeze its assets “on an expedited basis.” In a June 6 tweet, Binance.US reiterated […]

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Binance ecosystem

SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. NEWS The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase and […]

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Binance ecosystem

SEC’s Binance suit contains heavy mix of predictable charges, novel revelations

The world’s largest cryptocurrency exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely. NEWS The announcement of the United States Securities and Exchange Commission (SEC) suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC’s focus […]

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Binance ecosystem

How to send and receive payments on the Lightning Network

Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. HOW TO To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This […]

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Binance ecosystem

Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and most major altcoins are witnessing subdued price action, indicating a lack of buying interest from the larger players. PRICE ANALYSIS The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market […]

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Binance ecosystem

Binance helped US authorities freeze $4.4M linked to North Korean cybercrime orgs

Crypto exchange Binance has revealed it “assisted US law enforcement” in seizing $4.4 million worth of crypto assets connected to North Korean cybercrime syndicates. In a May 25 Twitter thread, Binance said that through its Binance Investigations team, it worked with law enforcement in the United States to hamper the “illicit revenue generation activities” of […]

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Binance ecosystem

Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund

Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain.  According to two press releases seen by Cointelegraph, one from CoreDAO and one from Bitget, The Ecosystem Fund […]

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Binance ecosystem Cryptonews Deals

What is the economic impact of cryptocurrencies?

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  • March 29, 2023

What is the impact of cryptocurrencies on the economy? Cryptocurrency is far more than just a financial innovation — it’s a social, cultural and technological form of progress. Through its accessible character, cryptocurrencies have the potential to spur the economy immensely.  Cryptocurrencies are digital assets managed with cryptographic algorithms. There are different types of cryptocurrencies. […]

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Binance ecosystem Technology News

Binance suffers two-hour outage after software glitch

World’s biggest crypto exchange hit by technical issue in its trading systems Binance, the world’s largest crypto exchange, suspended trading all digital tokens for more than two hours on Friday after a software glitch hit its main systems. Shortly after the outage occurred on Friday, chief executive Changpeng Zhao said Binance had traced the issue […]

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