Jim Cramer’s recent tweet advising investors to stay away from Binance has provoked a strong reaction from Twitter users. The warning came after the CFTC charged Binance with violating trading and derivatives regulations in a lawsuit filed in federal court. Cramer has long been skeptical of the cryptocurrency market and has warned investors about its … Read more
Changpeng Zhao, the founder and CEO of cryptocurrency exchange Binance, is being sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange. The regulator claims that Binance and Zhao ran a “sham” compliance programme. Zhao has denied the allegations. Binance is also under investigation by the US Department of Justice … Read more
A whale has moved $33 million worth of Ethereum to Binance in a single transaction, causing the ETH price to drop 2.18% from the $1,807 level. The general bullish outlook will be invalidated once PoS token drops below $1,636. Ethereum price (ETH) surged on March 18 when it broke beyond the $1,800 level. However, recent … Read more
Binance Halts Sterling Deposits and Withdrawals On Tuesday, Binance, the world’s largest crypto exchange, confirmed that it had stopped dollar transfers. This came after Binance’s partner for sterling transfers, Paysafe, informed them that it would discontinue its services from May 22. As a result, all Binance customers are affected by this decision. Additionally, new users … Read more
Binance, the world’s largest digital-currency exchange, quickly ran into a problem in 2017. Operating from hubs in China and Japan, the exchange had a fifth of its customers in the U.S., where authorities signaled a coming crackdown on unregulated offshore crypto players. Any lawsuit from U.S. regulators would be like “nuclear fallout.” Binance was worried … Read more
your understanding and support.”What This Means For YouBinance, the world’s largest crypto exchange, has announced that it will be halting all transfers of US dollars starting Wednesday. This means that if you are using Binance to buy or sell any other cryptocurrencies, you will be unable to do so using USD. However, all other methods … Read more
