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The Latest Breaking News from Binance

Solana, Polygon, Cardano, and BNB named as securities in SEC suit against Binance

The complaint expands jurisdiction for the agency as it continues to target key cryptocurrencies.

Fortune

Bitcoin, Ether, BNB, and other tokens tank after SEC sues Binance and Changpeng Zhao

The total market capitalization for all cryptocurrencies was down approximately 4.5% in the first hour after the suit was filed.

Fortune

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

WEKU

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SEC says crypto firm Binance mishandled funds, violated securities laws

The world’s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC

The Independent UK

SEC sues Binance and CEO Changpeng Zhao for ‘mishandling billions of dollars’

Financial watchdog alleges Binance lied to regulators and syphoned investors’ funds into separate company

The Guardian - US

‘Extensive web of deception’: SEC accuses Binance and CEO Changpeng Zhao of mishandling customer funds, evading U.S. law

The lawsuit is the latest in a string of regulatory setbacks for the world's biggest crypto exchange.

Fortune

Binance seeking to 'demonstrate that we are a new organization' as regulatory headwinds swirl

The largest crypto exchange appears to be planning for CZ's successor.

Fortune

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Will traditional finance beat crypto firms at their own game?

The powerhouses of traditional finance are creating new business models for crypto that some think will dethrone the crypto natives.

Fortune

Is Binance three steps ahead—or in big trouble?

Binance has been in the headlines a lot this week—for reasons you can interpret as bad or good.

Fortune

Binance notified of investigation by Ontario Securities Commission 2 days before saying it would leave Canada

The world’s largest cryptocurrency exchange had previously not disclosed the investigation when it announced its departure from the country.

Fortune

Binance begins layoffs as top crypto exchange reevaluates ‘whether we have the right talent’

The company has “regularly gone through a talent density audit and resource allocation exercise every six months or so,” a spokesperson said.

Fortune

This Week in the Metaverse: Bitcoin ups its NFT game, surpassing Solana in weekly volume

Fortune

‘It’s a massive ask’: is Binance capable of being regulated?

Crypto exchange says it will do everything possible to change UK watchdog’s mind but opacity remains an issue for US as well

The Guardian - UK

Stellar: The Cryptocurrency for Cross-Border Transactions

Stellar, in collaboration with its Binance partners, is a popular cryptocurrency that is designed for cross-border transactions. It is a decentralized network that facilitates the exchange of digital currency and fiat money.

inkl

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The Guardian - AU

Westpac bans transfers to world’s largest crypto exchange Binance

Bank customers can no longer make payments to the cryptocurrency exchange, in a move to reduce scams

Fortune

This Week in the Metaverse: Researchers are making strides toward creating a 'smellaverse'

Chinese researchers may have the answer to smelling things in the metaverse.

Fortune

Binance to leave Canada—the one-time home of cofounder CZ—claiming market conditions are 'no longer tenable'

The move comes amid global regulatory scrutiny for the leading crypto exchange.

Fortune

Binance to support Bitcoin NFTs by end of May

Bitcoin transactions and network fees have increased substantially in part because of the popularity of Ordinals.

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Evening Standard

Binance bosses mount charm offensive to restore relations with FCA

Despite the FCA’s crypto crackdown, Binance bosses signalled their support for its hardline approach

Fortune

Binance pauses Bitcoin withdrawals amid fee spikes, but CZ calls broader fears 'FUD'

The centralized exchange described the episode as a "learning opportunity."

Barchart

Markets Today: Stocks Moderately Lower to Kick Off the Week

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is down -0.14%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.26%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.36%. U.S. stock indexes this morning are moderately...

Barchart

Markets Today: Stocks See Support from Strength in Bank Stocks

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.21%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.05%. U.S. stock index futures this morning are mixed. Strength in regional bank stocks in pre-market trading is easing banking concerns and boosting the overall market....

Fortune

The high-profile lawyers on a crusade against crypto

Superlawyers Adam Moskowitz and David Boies have teamed up to crack down on the celebrities that promoted crypto

The Times of India

Binance restarts withdrawals of Bitcoin after second halt

NEW YORK: Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on cryptocurrency markets.

Reuters

Exclusive-Israel seized Binance crypto accounts to 'thwart' Islamic State, document shows

Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country's counter-terror authorities show.

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