Binance
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
‘Smart Money’ Wallets Accumulate GAL, Decrease APE Holdings: Nansen Data
PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.
Binance, Sequoia Back Elon Musk’s Twitter Takeover
According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.
Binance, Sequoia Among Investors Backing Musk's Takeover of Twitter
The crypto exchange commits $500 million to help fund the deal.
Binance Secures Regulatory Approval in France
Binance's registration allows it to custody digital assets and operate a trading platform in the country.
Crypto Funds Suffer Fourth Straight Week of Outflows as Bitcoin Stalls
Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares.
Nexo Token Enjoys Short-Lived Rally Upon Binance Listing
The price surged nearly 60% after the listing went live earlier Friday.
Binance Denies Sharing Russian User Data With Law Enforcement
Binance denied allegations that it helped Russian authorities track donations made to opposition leader Alexei Navalny. “The Hash” group discusses the impact of geopolitical affairs on borderless technology amid the Ukraine crisis and the repercussions of being on the wrong side of public opinion.
Binance Extended Crypto Exchange Dominance in March
The exchange captured 30% of spot volume market share last month, extending its lead over competitors including Coinbase and OKX.
