Binance, one of the world’s largest cryptocurrency exchanges, has once again sparked controversy by refusing to disclose the location of its global headquarters. In an interview with the Financial Times, the newly appointed CEO, Richard Teng, stated that there was no need to share this information publicly. This article delves into the ongoing debate surrounding
Exchanges
Binance, one of the leading cryptocurrency exchanges, is taking steps to expand its free trading options for the popular stablecoin pairing, First Digital USD (FDUSD). This move aims to encourage users to adopt the FDUSD stablecoin, which has been gaining traction in the crypto community. Starting from December 8, Binance users will enjoy zero maker
Robinhood, the American fintech company known for its zero-commission, no-minimum-balance brokerage model, has taken a significant leap forward by launching its brokerage services in the UK. This move marks Robinhood’s first expansion beyond the United States and signifies the company’s ambition to ignite higher retail investment internationally. By offering UK customers access to over 6,000
The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory regarding Binance, one of the world’s largest cryptocurrency exchanges, and its operations within the country. The advisory, released on November 28, warns that Binance is not registered as a corporation in the Philippines and operates without the necessary license and authority. While the
Coinbase, one of the leading cryptocurrency exchanges, dropped a bombshell this week when it announced that it had received a subpoena from the U.S. Commodity Futures Trading Commission (CFTC). In an email sent to its users, Coinbase revealed that it was requested to provide information about its users’ accounts and transaction activity, although the specifics
The digital asset investment market has experienced a remarkable influx of capital in recent weeks, marking a significant turning point that reflects renewed investor enthusiasm. CoinShares’ latest data reveals that the total assets under management (AuM) in digital asset investment products have reached a staggering $45.3 billion, propelled by a consecutive nine-week run of inflows.
In a surprising move, Justin Sun, a top representative for the crypto exchanges HTX and Poloniex, recently announced plans to reward users and cover losses. On November 24th, Sun took to social media to express his deepest apologies to the users affected by the hacker attacks on HTX and Poloniex and reassured them that all
Former Binance CEO Changpeng Zhao recently faced a temporary restriction on his social media profile on X, which sparked controversy and raised questions about the platform’s policies. This article examines the incident, explores the reasons behind the restriction, and delves into the implications it has for both Zhao and the broader social media landscape. On
The U.S. Department of Justice (US DOJ) has taken action to prevent former Binance CEO and founder Changpeng ‘CZ’ Zhao from leaving the continental United States before his sentencing. This move comes after Binance and CZ pleaded guilty to charges of Bank Secrecy Act violations and agreed to pay a staggering $4.3 billion to settle
The imminent closure of Bittrex Global, a well-known cryptocurrency exchange, has had a significant impact on the price of Bitcoin (BTC). According to data from the exchange’s website, the BTC/US Dollar pair surged to an astonishing $46,300 before retracing to $44,613 at the time of writing. This price is significantly higher than the current average
