Gelephu Mindfulness City (GMC) in Bhutan has added Bitcoin, Ethereum, and Binance Coin to its strategic reserves to strengthen its economy and embrace digital assets. The move follows the introduction of new laws to regulate digital asset services and is part of Bhutan's broader strategy to expand its role in the cryptocurrency market.
AnaisBinance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyCZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.
WeatherlyThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoFormer Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
XingChiBinance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.
WeatherlyChangpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.
JoyFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoBinance suspends Solana withdrawals to manage increased transaction volume. SOL token sees modest decline despite suspension. Industry-wide challenges highlighted, including recent outages on major exchanges like Coinbase. Binance recognized for cybersecurity efforts amidst challenges.
Xu LinBinance.US adjusts dollar withdrawal options, requiring users to convert funds to stablecoins. The move follows regulatory challenges and banking partner issues.
Xu LinBinance has formalised agreements with new fiat partners for EUR payments, deposits, and withdrawals but the new service providers involved in this collaboration were not disclosed.
KikyoThe Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities.
OthersBinance had previously signed MoU as well as MoC with Georgian institutions earlier this year.
cryptopotato
Coinlive CZ and Masterclass joined forces to launch a crypto course for beginners, covering everything from Web3, DAOs, and other concepts.
cryptopotatoBinance, the largest cryptocurrency exchange in the world, has announced the launch of its own venture capital fund. Binance Labs, ...
BitcoinistLUNA is bearing the brunt of a major turbulence taking shape in the broader crypto market. The de-pegging of the ...
BitcoinistThe market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.
Cointelegraph