Crypto Biz: A crypto policy expert may run the SEC
This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP. Go to Source
Binance
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Ex-Binance employee sues UK exchange, alleging bribery: Report
Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal. Go to Source
Ether futures open interest hits all-time high — Is the ETH bull run starting?
Ethereum futures hit new records, possibly signalling a fresh bull run in ETH. Go to Source
Binance delisting sends five tokens tumbling 40%
The crypto exchange is delisting trading pairs for GFT, IRIS, KEY, OAX and REN by December. Go to Source
Binance Embraces Memecoins, Leading The Charge In Trading Volume Surge
According to a recent report by TokenInsight, Binance’s strategic pivot towards memecoins has proven to be highly effective, signaling a shift in its approach to the cryptocurrency market. Since launching the $GOAT contract at the end of October, Binance has dramatically increased its involvement in the memecoin space, and the results are clear. Over the … Read more
Former Binance execs launch MiCA-compliant euro stablecoin
Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.” Go to Source
Changpeng Zhao advocates for ‘real’ blockchain apps over memecoins
Changpeng Zhao urges the crypto world to prioritize real blockchain solutions over memecoins, highlighting the shift in market dynamics. Go to Source
Binance Raises Compliance Staff by 34% to Meet Demands of Crypto Industry
Binance expands its compliance team to meet the growing needs of the crypto industry and its user base. Compliance Remains Vital for Binance By the end of the year, Binance, one of the world’s largest cryptocurrency exchanges, plans to have 645 full-time compliance staff members—a 34% increase from November 2023—as it continues to expand its … Read more
Binance Warns of Fake Tokens Exploiting Its Name
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be … Read more
Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests … Read more