New Binance CEO Richard Teng Addresses $4.3 Billion Fine: Statement

Binance (BNB), world's largest crypto exchange, has very strong fundamentals on eve of whopping fine payment

129 +

Binance’s $4.3B settlement raises odds of Bitcoin ETF, says Matrixport’s Markus Thielen

Matrixport’s Markus Thielen believes that Binance’s payment of a $4. 3 billion US fine increases the probability of a spot Bitcoin ETF. In an interview, he said that the settlement fuels the demand for compliant exchanges.

287 +

New Binance CEO says company fundamentals remain strong despite $4.3b DoJ fine

Binance CEO Richard Teng has reiterated his confidence in the exchange's financial health after agreeing to a $4.3 billion penalty from U.S. authorities

127 +

CZ cites Star Trek to Binance staff: ‘l need everyone to continue performing admirably’

Former Binance CEO Changpeng Zhao sent a letter to employees after he stepped down, assuring them the company would be fine and quoting a famous Star Trek line.

242 +

Binance May Be Able to Pay $4.3B Fine Without Selling Any Crypto 

Binance has agreed to pay a $4. 3 billion penalty to the US Department of Justice, which it can cover without selling any crypto assets, according to its proof of reserves report. The post Binance May Be Able to Pay $4.

152 +

Binance’s Changpeng Zhao pleads guilty to money laundering, comments on resignation

Now-former Binance CEO Changpeng Zhao has pleaded guilty to money laundering charges, according to reports from The New York Times on Nov. 21. Zhao reportedly entered his guilty plea in federal court in Seattle today and agreed to pay a $50 million fine as part of the plea deal.

270 +

Binance, Changpeng 'CZ' Zhao Handing Over Record $1.35B Fine in CFTC Settlement

Crypto exchange Binance and its founder, Changpeng "CZ" Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator's lawsuit against it. The company is also settling with the U.

225 +

Binance and CZ's plea deal with US Government revealed in court filing

CZ will be required to pay a fine of $50 million as part of the plea deal, which will absolve the CFTC's charges Binance will have to pay a fine of over $4 billion and accept CZ's resignation The post Binance and CZ's plea deal with US Government revealed in court filing appeared first on AMBCrypto.

350 +

Binance Ready to Pay $4.3 Billion DoJ Fine Without Selling Crypto

Binance likely has enough crypto to cover $4.3B fine without asset sales, preventing pressure on prices, according to Coinbase's director.

291 +

Binance CEO Zhao To Resign, Plead Guilty To Money Laundering As Part Of $4.3B Settlement; BNB Drops

255 +

World's Largest Bitcoin, Crypto Exchange Binance Founder CZ To Resign As CEO, Plead Guilty

Binance, as a company, will also plead guilty and pay a $4.3 billion fine.

350 +

Binance average daily volume is down by 60% amid DOJ’s $4b fine

Binance trading volume down by over 60% amid U.S. DOJ's $4b fine

608 +

Binance Facing Shocking $4 Billion Fine in US

The U.S. Justice Department is seeking a monumental settlement of over $4 billion from Binance in exchange for ending an ongoing criminal case against the flagship exchange

265 +

First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin

ALSO: A crypto market analyst calls bitcoin's travails of the past two days "growing pains," and says the largest crypto by market cap "will be fine in the long run."

156 +

American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6

Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week.

172 +

With Binance, Everything Is Not Fine

As the financial health of Binance grows more uncertain, CEO "CZ" has offered nothing but red flags, says Genevieve Roch-Decter (CFA), the CEO of GRIT Capital.

145 +

“FTX is fine, assets are fine” says SBF

Sam Bankman-Fried, the head of FTX, responded to Changpeng Zhao, the CEO of Binance, following the company’s announcement regarding the $2.1 billion sale of FTT. CZ vs. SBF According to Changpeng Zhao, the CEO, and co-founder of Binance, the company…

201 +

Bankman-Fried says ‘FTX is fine’ even as FTT price falls

FTX token (FTT/USD) price is falling again, down nearly 4% at the time of writing on Monday morning, as selling pressure remained amid “rumours” about the crypto exchange FTX. Reported delays in customer withdrawals did not help the jitters, as has done Binance’s announcement that it would liquidate all of its FTT.

121 +

Dutch Central Bank Nukes Crypto Exchange Binance With $3.4 Million Fine

De Nederlandsche Bank (DNB) — the Dutch central bank — has whacked cryptocurrency exchange Binance with a $3.4 million fine for...

173 +

Binance Fined $3.4M by Dutch Central Bank

The Dutch Central Bank has issued Binance with an administrative fine of 3.3 million euros for continuing to serve Dutch citizens without registration.

165 +

Binance scores regulatory approvals in Canada and Bahrain ahead of the new year

Binance’s Turkey unit was recently slapped with a fine for not abiding by financial… The post Binance scores regulatory approvals in Canada and Bahrain ahead of the new year appeared first on Coin Journal.

418 +

Is The Binance Smart Chain Going Off The Rails? BSC Validators Rise Up

There seems to be a disturbance in the force at the Binance Smart Chain. Even though for the average user the BSC is working just fine, the validators are up in arms. A pseudonymous one opened up an issue at GitHub and all hell broke loose.

111 +

You may face a $5 million fine – German’s regulator tells Binance

Germany’s financial regulator BaFin has warned crypto exchange Binance against offering security-tracking tokens without laying out an investor prospectus. The financial watchdog published a note on its website on Wednesday.

151 +

Binance's CEO Unveils His Bitcoin (BTC) Story: "Never Sold, Doing Fine." When Did He Buy?

Yes, you are right, very early

153 +

Binance sees ‘higher number of orders’ than peak Bitcoin frenzy of 2017; hints at iOS app for Binance

Binance exchange, the world’s largest cryptocurrency exchange by trading volume, was reported to have problems with a couple of users since there was too much load on the exchange, especially with Web, PC, APP.

232 +

Is December 2018 the Best Time to Buy Bitcoin Before the 2019 New Year Starts with Bakkt Launch

Binance CEO Changpeng Zhao otherwise known as CZ said that the company is perfectly fine with Venture Capital putting money into the crypto industry even as the market continues to spiral as opposed to investing while the market is down.

271 +

Markets Are Down, But Most Exchanges Are Doing Just Fine

As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.

859 +

Ethereum’s Price at $44,000, Bitcoin at a Million in VeChain’s Vet Trading Pair on Binance

One eth is worth $44,000, but only on one exchange and in only one trading pair this fine morning on July 31st 2018. A coin with a $1.3 billion market... The post Ethereum’s Price at $44,000, Bitcoin at a Million in VeChain’s Vet Trading Pair on Binance appeared first on Trustnodes.

264 +