Binance News
‘Effective Altruism’ Is Now A Bad Word, Says Binance CEO CZ
Michael Saylor stated that Bitcoin is ‘effective altruism.’However, Binance's CEO said the term now has a negative connotation.“Effective altruism laid the foundations for FTX Ponzi,”…
Binance Moves Forward with FTX Evidence to be Submitted to UK Courts
Colin Wu tweeted about Bloomberg’s report on the decision of Binance to submit details of its FTT deal to the UK government.Explanations of Binance’s decision…
Binance CEO Warns Community To Delete API Keys With Third Parties
Binance CEO cautions crypto community to delete API keys shared with third parties.Skyrex and 3Commas are the two parties that API keys had been shared…
Binance CEO Calls Out Renowned Bloomberg for Publishing Fake News
Binance CEO tagged a report by Bloomberg as ‘poop journalism.’Bloomberg reported that Binance’s reserves comprised primarily of an owned token, BUSD.CEO Zhao said its exchange…
Indian Regulator Withholds $2.5M from a Binance Fraudulent User
Indian Enforcement Directorate froze Bitcoin balances of E-nuggets fraudsters.E-nugget gaming app lured Indians into deposing crypto in return for commissions. Previously, ED withheld account balances belonging…
Binance Reveals Holdings Data of 6 Coins Totaling Over $70 Billion
Binance has a total of $70 billion worth of cryptocurrencies.Coinbase (with $27 billion) and Bitfinex (with $20 billion) are the subsequent largest holders.Despite the current…
Binance Decides to Back Out from the FTX Acquisition Rescue
Binance is abandoning its plans to acquire FTX.Binance cited that FTX mishandled customer funds and is alleged to investigate.FTX, valued at $32 billion early this…
Binance-FTX Purchase Aftermath: Bitcoin Hits New Low Since 2020
Binance to buy rival cryptocurrency exchange FTX.Bitcoin fell below $19,000 at a 10% loss after the announcement.Major cryptos dropped in value including ETH losing 15%…
CEO SBF Opens up After Binance Agrees to Acquire FTX
SBF breaks silence on FTX being acquired by Binance.The financial terms of the transaction have not been determined.Zhao signed a non-binding LOI to fully acquire…
The Face-off between Binance and FTX Crypto Exchanges Explained
Binance is liquidating its whole FTT token holding as an exit risk management.Investigative reports revealed that FTX’s balance sheet contains FTT tokens with fewer independent…
