Binance
Binance 'Can Survive' $4B Settlement, Says Legal Expert
Binance and its now former CEO Changpeng 'CZ' Zhao pleaded guilty Tuesday to anti-money laundering and U.S. sanctions violations in a settlement with the U.S. government. Haynes Boone Partner Kit Addleman weighs in on whether the world's largest crypto exchange can bounce back from this.
Binance Processes Nearly $1B in Net Outflows As CEO CZ Resigns
Bitcoin (BTC) is hovering below $36,600 as Changpeng 'CZ' Zhao stepped down from his role as CEO of Binance, the world's largest crypto exchange, and pleaded guilty to violating U.S. anti-money-laundering rules. Kaiko Director of Research Clara Medalie shares her crypto markets analysis and outlook, discussing the impact on market depth and liquidity.
Legal Expert on What Binance, CZ Woes Mean For Crypto Industry
Binance, the world's largest crypto exchange, has agreed to pay $4.3 billion to settle allegations it broke sanctions and money-transmitting laws. Founder Changpeng "CZ" Zhao also pleaded guilty in Seattle to charges he personally faced and agreed to pay a $50 million fine to the Department of Justice, in addition to stepping down as CEO. Haynes Boone Partner Kit Addleman weighs in on the latest developments and the implications for the crypto industry at large.
Trading Crypto on Binance Becomes Challenging as Order Book Liquidity Tanks 25%
Order book liquidity refers to the capacity to trade quickly at quoted prices.
Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein
The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.
Binance Processes Nearly $1B in Net Outflows as Changpeng ‘CZ’ Zhao Resigns
Data shows the exchange sits on over $67 billion worth of tokens, easing concerns of a possible bank run.
Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance's Guilty Plea
We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.
Over $200M in Crypto Futures Bets Liquidated as Bitcoin Slumped Under $36K on Binance Settlement
The overnight price volatility in bitcoin and other cryptocurrencies washed out a notable chunk of leverage from the market, with bitcoin alone seeing more than $65 million worth of liquidations in futures markets.
Bitcoin and BNB Recover as Binance Plea Seen Boosting Spot ETF Odds
Some observers believe Binance's downfall has boosted the spot-ETF approval odds.
Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?
The "historic" settlement with the DOJ, CFTC and U.S. Treasury many finally allow the firm to come into compliance. But if it does, can the world's largest crypto exchange still grow?
