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CFTC Sues Binance and Founder Changpeng Zhao; Microstrategy Pays off Silvergate Loan

Crypto exchange Binance and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission (CFTC) over allegations that the company knowingly offered unregistered crypto derivatives products in the U.S. against federal law. Separately, a filing with the SEC shows that MicroStrategy (MSTR) prepaid the remaining principal on its $205 million loan from failed Silvergate Bank.

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Вкладчики Binance сбегают после обвинений CFTC, свидетельствуют данные блокчейна

За последние 24 часа пользователи Криптo вывели с Binance около 400 миллионов долларов США на Ethereum , в то время как Paxos, эмитент Binance USD, за последние четыре часа сжег более 155 миллионов долларов США в BUSD .

(Danny Nelson/CoinDesk)

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CFTC Sues Binance, CZ Over Alleged 'Willful Evasion' of U.S. Laws

The U.S. Commodity Futures Trading Commission (CFTC) sued Binance and founder Changpeng "CZ" Zhao on allegations that the crypto exchange knowingly offered unregistered crypto derivatives products in the U.S. against federal law. "The Hash" panel discusses the lawsuit and the outlook for Binance.

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Binance Employees, Volunteers Tell Users How to Bypass China’s Crypto Ban: CNBC

Some employees and support volunteers at crypto exchange Binance are helping customers in China and worldwide subvert Binance's controls to hide their country of residence or origin, according to a CNBC report. "The Hash" panel discusses the potential weaknesses in Binance's know-your-customer and anti-money-laundering efforts and the revelations about the state of crypto in China despite a ban on all crypto transactions.

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Bitcoin Gains Traction as Investors Shrug Off Banking, Fed Concerns

Innovating Capital General Partner Anthony Georgiades discusses how the crypto markets are reacting to Binance's temporary suspension of spot trading and the SEC's Wells Notice on Coinbase.

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Binance Temporarily Pauses Spot Trading

Crypto exchange Binance suspended spot trading amid an issue on the world's most-used trading platform for cryptocurrencies. Binance CEO Changpeng Zhao said in a follow-up tweet that the issue is expected to be resolved in the coming hours and that the trading pause was a safety measure.

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Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens

Crypto exchange Binance said it would convert $1 billion worth of Binance USD (BUSD) to bitcoin (BTC), ether (ETH), BNB coin (BNB) and other tokens to support the market. "The Hash" panel discusses the transaction from Binance’s industry fund to BUSD, which Binance CEO Changpeng Zhao said on Twitter took 5 seconds and cost only $1.29.

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Finanzas

Заинтересованные стороны Криптo говорят об отсутствии последствий закрытия Silvergate

Binance, Coinbase, OKX и Paxos опубликовали заявления относительно своей подверженности Silvergate.

(CoinDesk)

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Bitcoin Pulling Back Amid Issues at Crypto-Friendly Silvergate Bank

Bitcoin's annualized three-month basis, or the difference between futures and spot market prices, on offshore exchanges like Binance, OKX and Deribit, compared to the U.S.-regulated Chicago Mercantile Exchange (CME), show that the premium on the CME has dropped sharply to 2.2% over the past week. "All About Bitcoin" host Christine Lee breaks down the "Chart of the Day."

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