BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
Persistent regulatory actions and concerning derivatives data are likely the main factors behind BNB’s bearish price action. Go to Source Powered by WPeMatico
CZ
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“Sam Bankman-Fried really hurt the industry” — Anthony Scaramucci
The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry. Go to Source Powered by WPeMatico
SEC and Binance.US to negotiate deal avoiding total asset freeze
U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise. Go to Source Powered by WPeMatico
SEC chair Gensler offered to serve as an advisor to Binance in 2019: Lawyers claim
Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange’s lawyers allege. Go to Source Powered by WPeMatico
Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence
Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in. Go to Source Powered by WPeMatico
Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Go to Source Powered by WPeMatico
‘Godfather of AI’ resigns from Google, warns of the dangers of AI
Dr. Geoffrey Hinton is understood to have worked on artificial intelligence his whole life and is now warning how dangerous the technology could be. Go to Source Powered by WPeMatico
‘The war room was despondent’ — Scaramucci recounts FTX collapse at Consensus
The Skybridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse. Go to Source Powered by WPeMatico
Bitcoin price struggles to hold above $30K amid regulatory uncertainty
Despite BTC’s recent recovery, Bitcoin’s margin and futures markets highlight a neutral-to-bearish sentiment as traders remain wary of regulatory risks. Go to Source Powered by WPeMatico
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According to reports, Dubai regulators are still keen on fostering innovation but without comprising the security of users’ funds. Binance Asked to Provide More Information The collapse of the crypto exchange … Read more
