Web and Technology News
President Trump’s family has been weighing an investment in Binance.US, according to a report from the Wall Street Journal. The investment would come just a couple of years after Binance’s U.S. arm pleaded guilty to violating anti-money laundering regu…
Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligenc…
Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too much, too little, just right — his sentencing is a big deal for web3….
Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report. This news overlaps with the revelation of the names of the …
What does crypto smell like? Ozone, salt and moss, according to Binance’s new fragrance, “CRYPTO.” Binance is the largest crypto exchange in the world by volume, but the company is facing serious challenges. The company and its co-founder, Changpeng Zh…
Binance will discontinue its naira (NGN) services in response to heightened regulatory scrutiny in Nigeria, it said in a blog post today. The cryptocurrency exchange will begin delisting any existing NGN spot trading pairs by Thursday, March 7. It advi…
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to already dwindling India’s crypto exchange already dwindling India’s crypto exchange.
The ban comes two weeks after these global firm…
As SEC’s landmark spot Bitcoin ETF approval fuels price surge, world’s most populous nation douses its crypto dreams.
Manish Singh 9 hours
It wasn’t long ago when Indian venture capitalists were scrambling to establish their crypto credentials. …
Binance, Kraken, Mexc, Kucoin and five other crypto exchanges flagged for operating “illegally” in India have been pulled from the App Store in the country. The move follows Financial Intelligence Unit, an Indian government agency which scr…
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the countr…
It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, is stepping down and has pleaded guilty to a number of violations brought on through the Department of Justice …
Credit cards payment processor Checkout.com views crypto as a meaningful space for merchant relationships but needs to continue to focus on regulatory growth, according to Céline Dufétel, president and COO of the company, who spoke at TechCrunch Disrup…
Coinbase plans to cease all exchange services for users in India, it has warned some customers in email, over a year after the company’s debut in the South Asian market faced regulatory challenges. The global crypto exchange is warning customers …
Mary Ann and Alex are back, and once again this week they tapped the TechCrunch roster for expert input. This week the Equity crew were thrilled to welcome Jacquie back to the show! All the cool kids are filling out the Equity listener survey. We want to hear from you! It was a hectic week, with little […]
Sequoia does to itself what the Biden administration wants to do with Google by Jacquelyn Melinek originally published on TechCrunch
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. It’s been quite a long week (and it’s not over yet). Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two […]
The SEC’s situationship with Binance and Coinbase keeps getting messier by Jacquelyn Melinek originally published on TechCrunch
Coinbase Chief Legal Officer Paul Grewal on the exchange’s plans amid SEC charges.
Coinbase chief legal officer expects new crypto laws to come in wake of SEC lawsuits by Jacquelyn Melinek originally published on TechCrunch
A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to freeze assets for all of the parties involved, according to a filing on Tuesday. The filing shows that the motion was granted. The order is […]
As SEC files motion to freeze Binance assets, crypto market remains green by Jacquelyn Melinek originally published on TechCrunch
The suit comes just one day after the SEC sued Binance, the largest crypto exchange in the world by volume, also over securities matters.
After Binance, US SEC sues Coinbase for securities laws violations by Jacquelyn Melinek originally published on TechCrunch
This highlights the fact that the SEC has, once again, taken the stance that most cryptocurrencies (aside from Bitcoin) are securities.
SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC by Jacquelyn Melinek originally published on TechCrunch
A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.
SEC’s lawsuit against Binance and CEO Zhao was a matter of ‘when, not if,’ industry players say by Jacquelyn Melinek originally published on TechCrunch
The SEC is accusing Binance, the world’s largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a federal suit filed Monday. The regulator filed 13 charges against the defendants. Binance and BAM Trading were under Zhao’s leadership and control and operated without […]
SEC sues Binance and CEO Zhao over alleged mishandling funds, lying to regulators by Jacquelyn Melinek originally published on TechCrunch
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Although there are a lot of builders in the crypto space, the total money being invested into the crypto market has hit 32-month lows in May. Cryptocurrency monthly exchange volume, which calculates spot market volume across all crypto […]
Monthly crypto exchange volume tumbled in May, hitting 32-month low by Jacquelyn Melinek originally published on TechCrunch
As crypto exchanges leave Canada amid new regulatory frameworks, a number of exchanges like Coinabse plan to stay in the market.
Even as crypto exchanges exit Canada, Coinbase intends to play the ‘long game’ by Jacquelyn Melinek originally published on TechCrunch
The world’s largest crypto exchange by volume, Binance, is making big bets on M&A this year, focusing on geographical gaps and customer base.
Binance is banking big on M&A and VC deals by Jacquelyn Melinek originally published on TechCrunch
Welcome back to Chain Reaction. Earlier this week, Binance.US broke off its $1.3 billion deal to buy crypto broker Voyager Digital’s assets due to a “hostile and uncertain regulatory climate.” The announcement comes about nine months after Voyager filed for bankruptcy. At the time, the U.S.-headquartered firm — and its two affiliates — said in […]
Binance.US sailed away from its $1.3B deal with Voyager, now what? by Jacquelyn Melinek originally published on TechCrunch