$ACT Traders Cash In On Binance Listing With Million-Dollar Gains

Following Binance’s announcement to list $ACT, several savvy traders quickly moved in, securing substantial profits in a short time. One notable $GOAT whale spent 5,000 $SOL (valued at $1. 04 million) to acquire 3.

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New Binance listings ‘god candle’ led by ACT and PNUT

ACT and PNUT explode as Binance accelerates new token listing led by a new meme coin meta and continued interest in AI. On Nov. 11 at 10:00 UTC, Binance launched two Solana meme coins, Act 1: The AI Prophecy and…

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Binance to List These 2 Solana Meme Coins

Binance expands its offerings with two Solana meme coins, ACT and PNUT, available for zero-fee trading.

The post Binance to List These 2 Solana Meme Coins appeared first on BeInCrypto.

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US Attorney Generals Ask Biden To Act On Binance Exec’s Detention In Nigeria

The US attorney generals for several states have requested US President Joe Biden to intervene in the detention of Binance executive Tigran Gimbrayan by Nigerian authorities. This development comes months after a similar approach by certain US lawmakers who cited concerns over the reported deteriorating health status of the former IRS officer. Related Reading: Nigerian […]

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Biden Urged to Act as Lawmakers Fear for the Life of Detained Binance Exec in Nigeria

Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange

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Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison

Changpeng "CZ" Zhao, the founder of cryptocurrency giant Binance, has been sentenced to two years in prison after pleading guilty to violating the Bank Secrecy Act, reflecting heightened regulatory scrutiny in the crypto sector.

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Binance Founder Changpeng Zhao Faces 3 Years In Jail

Changpeng Zhao, the founder and CEO of Binance, the largest cryptocurrency exchange globally, faces a sentencing recommendation of three years imprisonment from the US Department of Justice (DOJ). This follows his guilty plea last year to charges concerning severe lapses in the company’s anti-money laundering (AML) controls, as mandated by the US Bank Secrecy Act. […]

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Binance slapped with a new class-action lawsuit in Canada

Cryptocurrency exchange Binance is embroiled in a legal battle in Canada as it faces a class-action lawsuit for allegedly breaching local securities laws. The lawsuit, filed in Ontario’s Superior Court of Justice, accuses Binance of selling crypto derivative products to retail investors without proper registration, contravening the Ontario Securities Act (OSA) and federal law. The […]

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FTX-Binance Drama: FTT Loses $2.5 Billion In Market Value – Going For Nil?

The FTX-Binance drama unfolds and deals a heavy blow on Sam Bankman-Fried’s crypto, the FTT. FTT, the token created to act as native cryptocurrency of crypto exchange FTX, suffered a massive blow after news broke that Binance is buying the company.

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Binance Hires Big-Name Former Government Officials to Set Up Advisory Board

Binance, the world’s largest crypto exchange by trading volume, has rounded up prominent former government officials to act as a global board of advisers as the company negotiates the regulatory and political minefield the crypto industry finds itself in.

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SEC Hasn’t Subpoenaed Binance About BNB: FOIA Response

A Freedom of Information Act request by CoinDesk shows no record of a subpoena sent to Binance regarding BNB in 2022.

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Twitter Receives $7.2B in Equity Commitments from Binance and 17 Other Investors

On May 4, Elon Musk, being the sole owner of Twitter after his $44 billion acquisition, filed an amendment to Schedule 13D under the Securities Exchange Act of 1934. According… The post Twitter Receives $7.

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Binance Amplifies Its Compliance Efforts As It Gets Another Regulatory Warning

The Dutch central bank (DNB) has also issued a regulatory warning against Binance for providing its services in the Netherlands without the required registration. The leading cryptocurrency exchange was not compliant with the Anti-Money Laundering and Anti-Terrorist Financing Act, said the Nederlandsche Bank.

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How to short Ethereum? Short ETH on Binance & Co.

Since the recent Gamestop saga, “Short Selling” has entered the popular imagination. Once understood only by financial professionals, it seems everyone is getting in on the act. The goal is simple – to profit when the value of an asset falls.

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Binance Banned from Offering Crypto Derivatives in Brazil

The Securities and Exchange Commission (SEC) of Brazil issued a notice to the leading spot crypto exchange Binance to cease offering crypto derivatives trading in the country. As per the document released on July 2nd, 2020, the company does not hold the authorization from the SEC to act as a securities intermediary in the country. […]

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Singapore Allows Crypto Companies to Operate Without a License for 6 Months

The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno, Upbit, and Wirex.

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Singapore Exempts Binance, Coinbase, Gemini, and Ripple From its Current PSA Crypto Act

Singapore is counted among one of the crypto hubs of the world as it offers ease of business for these crypto service providers when a majority of the countries around the globe have taken a stricter regulatory approach.

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Binance Applies for Singapore Crypto License Under The New Payment Services Act

Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country.

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Binance Crypto Exchange Formally Applies for Singaporean Crypto License 

Binance cryptocurrency exchange has formally applied for a license that will enable it to operate in Singapore as a bitcoin (BTC) trading venue and crypto exchange in the region, in accordance with the recently implemented Payment Services Act (PSA), according to a South China Morning Post report on February 17, 2020.

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Binance Takes Additional Steps to Tap Singapore’s Crypto Market

Cryptocurrency exchange Binance applied to operate in Singapore under the Payment Services Act

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Bitcoin [BTC] hack update: Wallet found with stolen 5846.32 BTC (~$34M)

Binance CEO Changpeng Zhao caused a major crypto-panic after officially admitting a large scale security breach on May 7, 2019, involving a hack of 7000 BTCs from the exchange. As Zhao took the breach update to Twitter, prominent figures including John McAfee and Vitalik Buterin showed their support for the exchange and condemned the act.

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What is Binance Chain? The Native Blockchain for Binance DEX

On 23 April 2019, Binance burned 5 million of its own highly valuable Binance coin (BNB) on the Ethereum network. This was not an act of self-inflicted financial harm, but the culmination of plans made since the beginning of Binance’s founding to create its own blockchain network with BNB as the base crypto asset.

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On Free Speech

“A statement may be both true and dangerous. The previous sentence is such a statement. ” - David Friedman Freedom of speech is a topic that many internet communities have struggled with over the last two decades.

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Binance Announces Singapore Expansion, Details Around DEX Launch and Wallet

The China-based crypto exchange giant Binance has announced that it will launch Binance Singapore this month, a fiat-to-crypto exchange with support for the Singaporean Dollar (SGD).

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Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this weekend.

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Binance Is Skirting Regulators, It Will Be the Ultimate Loser: MIT

The world’s biggest crypto exchange is playing dangerous games with regulators. It has continued to act like the market is still bullish, capitalizing on initial coin offerings. However, in its games with regulators, it will be the ultimate loser.

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Bitmain Sues Anonymous Hacker Over $5.5 Million Theft

Chinese mining giant Bitmain is suing an anonymous hacker that allegedly stole $5. 5 million in cryptocurrency last April from the company’s account on the digital exchange Binance.

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Tron Partners With Binance to Support Flood Victims in Japan

Binance recently took a bold step to provide some financial support to victims of flood disaster in West Japan. But the cryptocurrency exchange did not go all alone in this act of charity, they were supported by one of the most bullish and controversial digital company, Tron.

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Cryptocurrency Exchanges Fall Short in Safeguarding Funds: Report

In April 2018, former New York Attorney General Eric Schneiderman sent off inquiries to more than a dozen cryptocurrencyexchanges to learn more about their internal operations.

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

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Maltese Parliament Passes Three Blockchain Bills into Law

The Maltese Parliament has passed three bills into law that establish a regulatory framework for the country's blockchain sector, Malta Today reports. Just last week, the Parliament “unanimously voted” to approve these bills in its second reading.

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Malta Passes Favorable Cryptocurrency Laws in Next Step as a Blockchain Island

The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.

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