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The Latest Breaking News from Binance

Why Binance's Yi He is no Caroline Ellison

Yi He, an important behind-the-scenes influence at Binance and the mother of the founder's children, takes a rare step into the limelight.

Fortune

Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities

The stock’s rebound has mirrored Bitcoin’s recent gains.

Fortune

Bitcoin recedes as illicit actors look to Tron, Ethereum, and Binance Smart Chain in the evolving blockchain wars against law enforcement

A report from TRM Labs details the shifting nature of illegal crypto activity.

Fortune

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Trades between Russian ruble and dollar-backed stablecoin almost quadrupled during short-lived Wagner rebellion

The amount of rubles to USDT trades rocketed from almost $4 million to about $15 million during the brief conflict.

Fortune

This Week in the Metaverse: 'NFL Rivals' hits 1 million downloads, and getting to the bottom of the Eminem-BAYC mystery

Fortune

Binance Lawyers Accuse SEC Of Breaking Conduct Rules In Lawsuit

Binance Blasts SEC for Misleading Information in Lawsuit

Zenger

‘None of that is really an issue at Coinbase’: CEO Brian Armstrong talks about Binance without talking about Binance

The Coinbase CEO distinguished the SEC’s action against his exchange from the agency’s other suits, including its action against Binance.

Fortune

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It's 'going to be a struggle' for customers of Binance-linked Prime Trust after BitGo terminates acquisition plan

BitGo CEO Mike Belshe said Prime Trust didn't have the necessary finances to complete the deal.

Fortune

Maverick Protocol raises $9 million to challenge decentralized exchanges like Uniswap

Decentralized finance protocols saw increased trading volume shortly after the SEC sued Binance.

Fortune

Bitcoin holds steady near $27,000, buoyed by BlackRock’s ETF application

The rebound in Bitcoin's price came just hours after it dropped below $25,000 on Thursday.

Fortune

Big Crypto Exchange Escapes Doom Scenario

Accused of fraud, Binance has reached an agreement with the U.S Securities and Exchange Commission which allows it to continue to operate for the time being in the United States.

The Street

Big Crypto Exchange Binance Escapes Doom Scenario

Accused of fraud, the largest cryptocurrency exchange has reached an agreement with the U.S Securities and Exchange Commission which allows it to continue to operate for the time being in the United States.

The Street

Crypto Exchange Binance Avoids Disaster in the US

The Street

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges

The U.S. Securities and Exchange Commission and Binance have reached a court agreement that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges

The Independent UK

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Fortune

This Week in the Metaverse: A Sothebys auction brings in $11 million—and a bit of hope for the NFT market

Dmitri Cherniak's generative art NFT Ringers #879, a.k.a. The Goose, brought in $6.2 million.

Tribune News Service

Crypto hit by falling prices, regulatory actions and contagion concerns

Crypto diehards can’t seem to catch a break, with the rapidly shrinking digital-asset world being pummeled for another week by eroding token prices, fresh regulatory actions and a case of contagion deja vu.

The Guardian - UK

Binance to quit the Netherlands and faces investigation in France

Crypto exchange confirms failure to obtain Dutch licence and French inquiry as problems mount in US too

Fortune

'Perfect storm of investor risk': SEC enforcement chief pushes back on crypto industry's 'regulation by enforcement' chorus

Gurbir Grewal defended the agency's actions at an event hosted by Lowenstein Sandler and Rutgers Law.

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The Conversation

US regulators continue crypto crackdown – but here's why the latest charges are different

The US Securities and Exchange Commission (SEC) sued the cryptocurrency platform Coinbase shortly after launching a lawsuit against the world’s largest cryptocurrency exchange, Binance.

Fortune

Binance loses footing in Europe as French prosecutors investigate exchange and Netherlands denies license application

The two blows against Binance come less than two weeks after the SEC sued it and its CEO, Changpeng Zhao.

Fortune

Bakkt delists Solana, Polygon, and Cardano, citing lack of regulatory clarity

The SEC crackdown against unregistered securities is making crypto providers rethink their offerings.

Fortune

Binance’s U.S. subsidiary lays off about 50 employees, cites ‘costly litigation process’

"This was a very hard decision—one that we didn’t take lightly," the company's management said in internal documents.

Fortune

Why Hong Kong wants more banks to accept crypto clients

Its welcoming stance is seen by some as proof that China’s crypto ban could soon end.

Businessweek

Crypto Gets Its Moment of Clarity, But Not the One It Wanted

Suits against Binance and Coinbase offer even more proof that the SEC is cracking down.

Fortune

MicroStrategy founder Michael Saylor says Bitcoin could grow to 80% of crypto market after SEC suits against Binance and Coinbase

The founder said Bitcoin could eventually make up 80% of the crypto market.

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