CFTC bags record $17B in 2024 thanks to massive crypto enforcement
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.” Go to Source
Binance
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Binance Stablecoin Reserves Hit $28B As Institutional Interest Surges
Binance’s stablecoin reserves on ERC-20 have reached an all-time high of $28 billion, signaling increased confidence and activity in the cryptocurrency market. This milestone reflects broader trends in 2024, a year marked by significant institutional participation and rising average deposit sizes across major exchanges. Stablecoin Reserves (ERC-20) on Binance Hit All-Time High by $28.0B “Rising … Read more
BNB Hits New All Time High to Briefly Surpass Solana as 4th Largest Cryptocurrency
BNB hit a new all-time high of $794 on Wednesday with analysts predicting a run to $1,000 could be on the cards. BNB Rallies Strong BNB, the native token of Binance’s BNB Chain has seen an exponential price increase over the past 24 hours, reaching a new all-time high of $794. Data from the BNB/USDT … Read more
Binance.US lists PEPE as crypto exchanges vie for memecoin market
US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins. Go to Source
Binance, WazirX among crypto firms evading taxes in India, says gov’t
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said. Go to Source
Binance leads crypto exchanges in Bitcoin deposits in 2024
Average Bitcoin and USDT deposits across crypto exchanges escalated over the year, indicating a rise in institutional demand for digital assets. Go to Source
Changpeng Zhao says he ‘wouldn’t mind a pardon’ from Donald Trump
The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities. Go to Source
Nothing is ‘guaranteed’ with a memecoin listing — Binance CMO
Binance CMO Rachel Conlan says that “community feedback and input” are important factors for crypto exchanges when deciding which cryptocurrencies to list, though nothing is “guaranteed.” Go to Source
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
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