Binance has announced Thena ( $THE ) as the second project on its Airdrops Portal. Thena, a decentralized exchange and liquidity layer on BNB Chain and opBNB, aims to onboard more users into DeFi. Binance will list $THE on November 27, 2024, and launch trading pairs, including THE/BTC and THE/USDT. Key Details: About Thena (THE) …
Binance Announces Thena (THE) Airdrop Ahead of Listing Read More »
Yesterday, Act I: The AI Prophecy (ACT) made waves in the crypto market with its listing on Binance, one of the largest cryptocurrency exchanges in the world. The Solana-based token experienced an explosive increase in value, surging by over 2,000% shortly after it was listed for spot trading alongside another meme coin, Peanut the Squirrel …
A Nigerian court has denied bail to senior Binance executive Tigran Gambaryan, who faces money laundering charges. Detained at Kuje Correctional Center since February 2024, Gambaryan has struggled to secure his release. His defense team cited his worsening health, including a severe herniated disc requiring surgery unavailable in Nigeria’s prison system. Justice Emeka Nwite of …
Nigerian Court Denies Bail to Binance Senior Executive Read More »
Binance’s CEO, Richard Teng, has confirmed that former CEO Changpeng Zhao (CZ) is permanently barred from managing or operating the crypto exchange. Contrary to previous reports suggesting a three-year ban, Teng clarified that CZ faces a lifetime ban. CZ, who had been sentenced to four months in prison for violating the Bank Secrecy Act, is …
Changpeng Zhao will never lead Binance again: Richard Teng Read More »
Binance has come under scrutiny after blocking a limited number of Palestinian user accounts linked to illicit funds. This action, clarified by Yi He, Binance’s co-founder and chief customer service officer, followed accusations that the company had seized all Palestinian assets at the request of Israeli authorities. Yi He responded to these claims on X, …
Only certain Palestinian accounts frozen by Binance: Richard Teng Read More »
Former Binance CEO Changpeng Zhao (CZ) has been transferred from FCI Lompoc II prison to the RRM Long Beach halfway house in California. This move led to confusion among X (formerly Twitter) users, who mistakenly believed CZ had been released early. However, he is still serving his sentence. The RRM Long Beach facility is a …
Binance founder ‘CZ’ Zhao moved from prison to halfway house. Read More »
Binance and its former CEO, Changpeng Zhao (CZ), are facing a new class action lawsuit from three crypto investors. The plaintiffs claim they couldn’t recover their stolen assets due to Binance’s alleged failure to prevent money laundering. The plaintiffs further allege that Binance played a crucial role in the money laundering process, violating the Racketeer …
New lawsuit against against CZ and Binance for laundering of stolen crypto. Read More »
Binance, the world’s largest cryptocurrency exchange, has resumed operations for users in India after a seven-month suspension imposed by local authorities for allegedly operating “illegally” in the country. The exchange announced on Thursday that it has registered as a reporting entity with India’s Financial Intelligence Unit (FIU), a government agency responsible for monitoring financial transactions. …
Binance resumes operations in India after 8 months Read More »
Binance.US has received judicial approval to invest certain customer assets in U.S. Treasury bills. This decision is part of an order setting conditions for the crypto exchange. Judge Jackson has been overseeing the SEC’s case against Binance. The SEC accused Binance and former CEO Changpeng Zhao of misleading customers, allowing U.S. investors to access Binance.com, …
Judge allows Binance.US to invest user assets in treasuries Read More »
A federal judge dismissed part of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange Binance and founder Changpeng Zhao, but allowed other charges, including those against the holding company for Binance.US, to proceed. Judge Amy Berman Jackson of the District Court for the District of Columbia ruled that the SEC’s charges related …
US Judge lets most of SEC case against Binance proceed Read More »
