Binance
Standpoint Research Founder: BTC Could Reach $500K
Ronnie Moas, founder of Standpoint Research, encourages investors not to be concerned with recent turbulence in the crypto market, emphasizing the BTC price is likely to reach $500,000 within the next few years. Plus, his take on the value of trading platforms like Binance, crypto.com, and FTX.
Binance Can’t Appease Canadian Regulators, Ontario Users Still Face Account Restrictions
Crypto exchange Binance held a meeting with the Ontario Securities Commission (OSC) to clarify an announcement to its users that suggested it could still provide trading services in Canada’s most populous province. The exchange, operating under the umbrella of Binance.US, continues to face hurdles with governments worldwide.
Binance Rebuilding DOGE Wallet to Deal With User Account Freeze
“The Hash” hosts react to crypto exchange Binance trying to rebuild its wallet to fix a technical issue resulting in numerous erroneous dogecoin transactions and frozen user accounts. The incident caught the attention of Tesla CEO Elon Musk, who started a Twitter war with Binance CEO Changpeng “CZ” Zhao.
Binance Temporarily Disables All Crypto Withdrawals, Cites Backlog
Binance, the world’s largest crypto exchange, temporarily disabled all crypto withdrawals for a time Monday due to a large backlog. Withdrawals resumed about 25 minutes after the stoppage was announced, before being disabled and then resumed again. “The Hash” team discusses the significance of the outage.
Associated Press Exec on the Significance of Launching ‘Unique Moments’ NFT Collection
The Associated Press (AP) has launched the “Unique Moments” NFT collection on Binance’s marketplace, featuring digitized versions of photos and news wires based on the AP’s reporting on historical moments of the last century.
CME Takes Over as Largest Bitcoin Futures Exchange as BITO Pushes Limits
New data reveals the Chicago Mercantile Exchange (CME) has replaced Binance as the world’s biggest bitcoin futures platform, thanks to the strong investor appetite for the recently launched ProShares Bitcoin Strategy ETF (BITO). "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
CoinDesk Report: A Black Market Is Flourishing for Fraudulent ‘Verified’ Accounts on Major Crypto Exchanges
A CoinDesk investigation found a black market is flourishing for fake “verified” accounts on major exchanges, including Coinbase Pro and Binance U.S. CoinDesk Reporter Anna Baydakova learned that for $200, users were able to trade crypto with a fake ID. Anna discusses the findings of her investigation.
Coinbase and Binance Move to Diversify, Stablecoins Under Scrutiny
Coinbase announces NFT platform. Binance launches US$1 billion growth fund. Stablecoins are under greater scrutiny. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Binance to Ditch Decentralized HQ Concept?
Crypto exchange Binance plans to abandon its long-standing "decentralized headquarters" concept as it faces increasing regulatory scrutiny from global lawmakers. "The Hash" team discusses the latest continuation of Binance's attempts to get ahead in its regulatory positioning.
LMAX Group CEO on $300M Raise, $1B Valuation
David Mercer, CEO of LMAX Group, a London-based fintech company that operates exchange trading platforms, including its crypto exchange LMAX Digital, discusses the latest $300 million raise that values the firm at $1 billion. Plus, his thoughts on Solana amid the network failure, competitor Binance facing regulatory scrutiny in the U.K., and the broader crypto markets outlook.
