Binance US Resumes Dollar Services in Major Comeback After Regulatory Battles
Binance US announces the restoration of USD-based services for eligible American customers, marking a significant turnaround after nearly three years of suspension. The move follows regulatory progress with the SEC and includes features like bank transfers, crypto staking, and institutional trading platforms.
SEC and Binance Agree to 60-Day Legal Pause as New Crypto Task Force Forms
A federal judge has granted a temporary suspension in the SEC's lawsuit against Binance while a new regulatory task force reviews cryptocurrency policies. The pause could influence similar cases and signals potential shifts in U.S. crypto regulation.
Former Binance CEO Reveals Personal Investment Strategy: No Meme Coins or NFTs
Changpeng Zhao (CZ) shares his conservative investment approach, focusing on fundamental value while addressing Binance's token listing practices and the explosive growth of meme coins. The former CEO maintains a balanced perspective on the cultural impact of these assets despite choosing not to invest in them personally.
Crypto Market Shaken by $555M Liquidation Wave as Bitcoin Dips Below $100K
A massive $555 million crypto liquidation event has pushed Bitcoin below $100,000 and triggered widespread losses across digital assets. Despite the sharp downturn, institutional interest remains strong with MicroStrategy raising funds and market sentiment staying notably optimistic.
Major Ethereum Whale Dumps $33M Worth of ETH at a Loss Amid Market Downturn
A significant Ethereum investor offloaded 10,070 ETH tokens worth $33 million at a loss, coinciding with an 11% weekly market decline. The sale triggered massive exchange inflows of $338 million in 24 hours, though derivatives traders remain optimistic about recovery prospects.
Crypto Market Tumbles as Bitcoin ETF Outflows Hit Record High
The cryptocurrency market extends its decline for the third day, with Bitcoin falling to $91,300 amid massive ETF outflows and macroeconomic concerns. Over 130,000 traders faced liquidations totaling $404 million as the total crypto market cap dropped 4.4% to $3.38 trillion.
China's Latest Crypto Crackdown: New Rules Target Cross-Border Transactions
China unveils strict regulations requiring banks to flag and potentially block crypto-related cross-border transactions, adding to its existing restrictions on cryptocurrency activities. While China maintains its hardline stance, other nations have taken varied approaches to crypto regulation, with some previously restricted countries now considering legalization.
Binance Makes History with First Crypto Broker-Dealer License in Brazil
Binance secures groundbreaking approval from Brazil's Central Bank to acquire Sim;paul, becoming the first crypto exchange with a broker-dealer license in the country. This milestone marks Binance's 21st global regulatory achievement and enables expanded services in Latin America's largest economy.
Binance's AI-Powered Security System Prevents $129M in Crypto Scams
Cryptocurrency exchange Binance successfully prevented over $129 million in potential scams in 2024 using advanced AI and machine learning systems. The exchange's comprehensive Anti-Scam Refund Initiative processed monthly fund recoveries, made thousands of warning calls, and implemented sophisticated security measures to protect users.
Bitcoin Price Watch: Binance's Shrinking Reserves Mirror Pre-Rally Pattern
Binance's Bitcoin reserves have fallen below 570,000 BTC, echoing conditions that preceded a 90% price surge in early 2024. With Bitcoin trading at $98,680 and showing strong market dominance, analysts speculate on potential price movements while investors move assets to cold storage.