Cryptocurrency exchange Binance reportedly recently implemented reductions in certain benefits granted to its employees during the month of June, as part of the company's ongoing restructuring efforts.
According to a report published on July 17 by The Wall Street Journal, Binance reported that it…
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Binance
Binance applies job cuts
Data provided by the CNBC portal and the Wall Street Journal confirm that the Binance exchange laid off 1,000 workers. The measure could continue up to 3,000 jobs.
In the midst of the crisis that the crypto market is experiencing and the…
Coinbase challenges SEC over regulatory lawsuit
Coinbase, the leading cryptocurrency platform in the United States, announced its intention to ask a judge to throw out the lawsuit filed by the Securities and Exchange Commission (SEC), alleging that the company has violated the law by…
Cryptocurrency expert denounces that the SEC hinders the development of blockchain technology
The United States Securities and Exchange Commission took legal action against Binance and Coinbase, raising questions about whether these actions are isolated or part of a deliberate move against the crypto space by the US regulator.…
Binance.US assets will not be blocked
The Federal Court ruled that Binance.US funds will not be frozen, thus dismissing the request filed by the SEC. The judge in charge of the case considered that this measure was not necessary, since no evidence was found that the CEO of…
Users withdraw more than $3 billion from Binance in 24 hours
After the SEC filed a lawsuit against Binance, the popular cryptocurrency exchange, significant withdrawals by users have been observed within the first 24 hours. According to data from blockchain analytics firm Nansen, it is estimated that…
The SEC requested to freeze Binance assets
The United States Securities and Exchange Commission (SEC) filed an emergency request with the federal court in Washington, D.C., asking that the assets of Binance, the largest cryptocurrency platform in the United States, be frozen.
The…
Armstrong: “China is getting ahead of the US in the crypto industry”
Coinbase CEO Brian Armstrong has expressed concern about the regulatory uncertainty facing the cryptocurrency industry in the United States, arguing that this is allowing other countries, especially China, to seize the opportunity and…
Binance started the process for its new subsidiary in Japan
After being absent from the Japanese market for five years, crypto exchange Binance began the process of establishing a new fully regulated subsidiary in the country. This action follows the acquisition of regulated cryptocurrency platform…
Binance denied that it has mismanagement of its funds
Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report…
Binance suspends Australian dollar withdrawals
Binance Australia, a cryptocurrency exchange, announced the suspension of its Australian Dollar (AUD) services after its local payment service provider, Zepto, stopped supporting the exchange.
On May 18, Binance Australia tweeted that…
Binance will quit the Canadian market in September
Binance announced its exit from the Canadian market due to new guidelines imposed by the country's regulators that continue to impact the cryptocurrency sector. Calling its withdrawal “proactive,” the cryptocurrency exchange joins other…