Binance
Binance.US Cuts Staff After SEC Suit, Citing ‘Very Costly Litigation Process’
Reports suggest about 10% of the company’s employees were laid off.
AI, Metaverse Tokens Dip Amid SEC's Lawsuits
AI and metaverse tokens are taking hits despite the hype over artificial intelligence and Apple’s Vision Pro headset reveal. CoinDesk Executive Director of Global Content Emily Parker breaks down the underperformance of tokens affected by the SEC's lawsuits against Binance and Coinbase.
Bitcoin Supply on Exchanges Slides to Lowest Level Since 2018
Data from on-chain analytics firm Santiment shows bitcoin supply on crypto exchanges has slipped to its lowest levels since February 2018, with 6.4% supply leaving exchanges in the past week. That dip comes after the U.S. Securities and Exchange Commission (SEC) accused exchanges Binance and Coinbase of offering unregistered securities to U.S. customers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
U.S. Judge Rebuffs SEC Request to Freeze Binance.US Assets
The federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance and Binance.US declined to order a temporary restraining order freezing the U.S. trading platform's assets. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses the key takeaways from Tuesday's hearing.
Key Takeaways From House Hearing on Future of Digital Assets
The House Financial Services Committee held a hearing Tuesday on the future of digital assets. The committee weighed its draft stablecoin bill in the wake of the U.S. Securities and Exchange Commission (SEC)'s action against Binance and Coinbase. Prometheum co-CEO and founder Aaron Kaplan, who sat on the witness panel, discusses the key takeaways and outlook for crypto legislation in the United States.
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rebuffed SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits.
Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration
The world's largest crypto exchange won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
Binance CEO Hits Back at Rumors of Exchange Selling Bitcoin for BNB Coin
Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.
U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for Now
The federal judge ordered the Securities and Exchange Commission and Binance lawyers to keep negotiating about limits on the company, reporting back to her by Thursday.
Binance Goes to Court Against the SEC
Binance and Binance.US have made their case against the SEC's motion to freeze all Binance.US funds.
