SEC Reissues 'FOMO' Warning on Cryptocurrency Investments
Social media users noted that the regulator’s “no FOMO” warning comes amid growing expectations for the approval of a spot Bitcoin ETF.
JinseFinanceSocial media users noted that the regulator’s “no FOMO” warning comes amid growing expectations for the approval of a spot Bitcoin ETF.
JinseFinanceWhen the inscription Fomo wave swept across, I met some "real" Bitcoin developers and found that they were not hot-headed and said things like Bitcoin layer 2 subverting Ethereum.
JinseFinanceSince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXBitcoin gains momentum as the US dollar weakens, with experts warning of a troubled future for the currency and predicting significant growth for Bitcoin, while technical analysis suggests a bullish trend.
JoyThe Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities.
OthersThe exchange said it will share its proof-of-funds in the coming weeks.
CoindeskChanges in the macro environment have reduced the pressure on risky assets, and there are also views that predict that the market will surrender Bitcoin at a price of $14,000, giving Bitcoin shorts "anesthetic hope."
Cointelegraph