Binance - Claimpayback

Binance goes for bitcoin cloud mining despite regulatory uncertainty

0xMain
June 15, 2023

Binance, Bitcoin, Cloud, Hacking, mining, regulatory, uncertainty

Amidst stringent regulatory scrutiny in the US, Binance is diving headfirst into the crypto mining landscape with a new subscription-based cloud mining service for bitcoin. As of June 15, the company unveiled its novel cloud mining services, catering specifically to Bitcoin (BTC) mining...

Expert says US may hit Binance with criminal indictment

0xMain
June 13, 2023

Binance, criminal, expert, Hacking, hit, indictment

John Reed Stark, president of John Reed Stark Consulting and a former SEC Enforcement Division member, speculates on the likelihood of a criminal indictment being filed against Binance. Stark cites evidence that led to a sealed indictment against Binance for fraud, obstruction of...

Binance updates delisting rules in its terms of service

0xMain
June 12, 2023

Binance, delisting, Hacking, rules, service, terms, updates

Binance has updated its terms of service regarding managing listed/delisted tokens on the exchange. Under Binance’s new rules, the exchange now has the authority to convert delisted crypto assets still held by its users after a certain period to any supported token of...

Users withdraw over $392 million from Binance within 24 hours

0xMain
June 11, 2023

Binance, Hacking, hours, million, users, withdraw

In a recent series of tweets, Changpeng Zhao (CZ), the CEO of Binance, revealed that the cryptocurrency exchange experienced a substantial net withdrawal amounting to approximately $392 million within a span of 24 hours. This revelation sheds light on the cash movement within...

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Bitcoin and global crypto market falls after US SEC sued Binance and Coinbase

0xMain
June 11, 2023

Binance, Bitcoin, Coinbase, Crypto, falls, Global, Hacking, market, SEC, sued

During a week marked by heightened regulatory scrutiny, the cryptocurrency industry experienced a significant milestone as the United States Securities and Exchange Commission (SEC) filed charges against Binance and Coinbase. Against the backdrop of a broader regulatory push, the SEC categorized numerous crypto...

Nigeria SEC declares Binance operations in country illegal

0xMain
June 10, 2023

Binance, country, declares, Hacking, illegal, Nigeria, operations, SEC

The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world’s largest crypto trading platform Binance, illegal. According to a statement released on the SEC’s website on July 9, Binance has been promoting its web...

Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tanking

0xMain
June 10, 2023

9.8m, Binance, Coinbase, Crypto, firm, Hacking, MATIC, moves, Polygon, price, tanking, tokens, trading

Chicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase. As of June 10, the trading firm had moved $9.8 million MATIC to the two leading cryptocurrency exchanges. Cumberland moving millions worth of polygon tokens...

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Binance CEO comments on rumors behind crypto market volatility

0xMain
June 10, 2023

Binance, CEO, comments, Crypto, Hacking, market, rumors, volatility

In a tweet on June 10, Changpeng “CZ” Zhao, the chief executive officer (CEO) of Binance, offered insights into the intricate dynamics of market fluctuations and addressed the multitude of narratives surrounding sudden market movements days after the United States Securities and Exchange...

Bitcoin liquidity impacted on Binance US amid SEC suit

0xMain
June 10, 2023

Binance, Bitcoin, Hacking, impacted, liquidity, SEC, suit

The SEC’s recent lawsuit against Binance US heralds a grim phase for bitcoin liquidity. Amid a flurry of allegations, withdrawals, and an aggressive regulatory stance, we examine the tumultuous unfolding events and their far-reaching implications on the crypto market and investor sentiment. Sitting...

Ripple losing SEC case can affect Coinbase and Binance, lawyer says

0xMain
June 9, 2023

affect, Binance, case, Coinbase, Hacking, lawyer, losing, Ripple, SEC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC’s arguments against Coinbase and most of Binance’s litigation would be severely weakened if Judge Torres ruled that XRP tokens purchased on secondary marketplaces are not securities, according...