binance Archives - Page 4 of 6 - Cryptotimes Africa

Binance Donates over $3 Million to Users

by 'Femi Michael September 17, 2023

"In the aftermath of natural disasters, people often lose access to traditional banking at the exact moment when extra funds are needed to help cover medical supplies, food, and other essential needs. Crypto transfers are now increasingly being used to deliver financial…

News

SEC Accuses Binance.US of Non-Cooperation in Probe Over Securities Law Violations

by Crypto Oracle September 15, 2023

Binance.US, the American arm of the global cryptocurrency exchange giant Binance, has been accused of non-cooperation in an ongoing probe by the US Securities Exchange Commission (SEC). The SEC has alleged that Binance.US's staking, clearing, and brokerage services violate federal securities law.…

News

Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle – Here’s What You Need to Know

by Crypto Oracle September 14, 2023

In the ongoing legal clash between Binance, the prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC), a significant hearing date has been scheduled for two crucial motions. As per the recent court filing, Magistrate Judge Zia M. Faruqui has designated…

Industry News

Binance Head of Product Mayur Kamat Steps Down, CZ Pushes Back On FUD As BNB Price On

by Crypto Oracle September 4, 2023

Crypto exchange giant Binance confirmed to Cryptonews on Monday, that the company’s global head of product, Mayur Kamat, has resigned, amid a mass exodus of executives and job cuts within the company. “We can confirm that Mayur has stepped down from his role as…

Coins

Founders of Crypto Mixer Accused of Laundering $1 Billion

by 'Femi Michael August 26, 2023

Department of Justice: ‘You Can’t Hide From Us Behind a Keyboard — Whether You’re a Hacker or Facilitator’ Roman Storm and Roman Semenov were indicted federally on charges of conspiracy to launder money, conspiracy to violate sanctions laws, and operation of an unlicensed money-transmitting…

Coins News

Bitcoin, Binance Coin correlation hits record 98%

by 'Femi Michael August 22, 2023

An intriguing observation from the crypto world highlights the significant correlation among prominent cryptocurrencies: Bitcoin and Binance Coin (BNB) have registered a striking correlation of 98% over the past year — an all-time high. As Bitcoin, the market-leading cryptocurrency, saw its value…

News

Binance Connect to Cease Operations on August 16 – What’s Going On?

by Crypto Oracle August 16, 2023

As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16. The same day, the decentralized BNB Chain exchange known as Biswap posted a tweet…

Coins News

Federal & US Banks reserve to oversee digital asset activities

by 'Femi Michael August 12, 2023

The U.S. Federal Reserve is expanding its oversight over digital asset activities for commercial banks as it seeks to promote innovation while protecting the sector’s integrity. In its announcement, the Fed revealed the new program is geared toward supervising novel activities in the…

uncategorized

PayPal Sees Stablecoin Generating Revenue From Payment Flows

by 'Femi Michael August 9, 2023

PayPal USD becomes first stablecoin by a global payments giant Company sees a number of ways to monetize stablecoins PayPal Holdings Inc., which became the first global payments firm to launch a stablecoin on Monday, plans to generate revenue from the product from its use…

News

Nigeria’s SEC Reiterates Warning Against Crypto Exchange Binance, Citing Regulatory Concerns

by Terry Kunle July 31, 2023

The Security and Exchange Commission (SEC) of Nigeria has once again cautioned Nigerians against engaging in investments with the popular cryptocurrency exchange, Binance. In a recent statement released on Friday night, the SEC reiterated its earlier circular dated 9th June 2023, highlighting…