Binance


Markets

BNB Token Is Being Heavily Shorted, Perpetual Futures Show

Funding rates in perpetual futures tied to BNB are most negative in nearly three months.

BNB open interest-weighted funding rate (Coinglass)

Videos

XRP Rallies 50% in Last Week After Ripple's Partial Win; Binance Reportedly Cuts Workforce

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest crypto stories, including a new report from the Wall Street Journal that the global crypto exchange Binance has laid off over 1,000 employees in recent weeks. Bail for Alex Mashinsky, the former CEO of Celsius, has been set at $40 million dollars after he was arrested. And, a slew of crypto exchanges start listing XRP for trading.

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Policy

What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC

Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.

A court ruling that some XRP sales were not investment contracts, may give other defendants in SEC cases a new arrow in their quiver. (Marija Zaric /Unsplash)

Finance

Binance Has Cut 1,000 Workers in Recent Weeks: WSJ

The layoffs were happening globally as the exchange deals with regulatory challenges and ongoing investigations.

(Nikhilesh De/CoinDesk)

Videos

Justin Sun Addresses SEC Charges Amid Coinbase and Binance Scrutiny

Back in March, the U.S. Securities and Exchange Commission sued Justin Sun on allegations of selling and airdropping unregistered securities, fraud and market manipulation. TRON founder and Huobi Global Advisor joins "First Mover" to discuss why he remains "optimistic" about reaching an agreement with the regulator in the wake of new scrutiny facing crypto exchanges Coinbase and Binance.

Recent Videos

Policy

Binance Feels Strain of World’s Regulators Leaping Into Action

This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.

Binance CEO Changpeng “CZ” Zhao (CoinDesk, modified by PhotoMosh)

Videos

Top Binance Execs Resign Over CZ’s Handling of DOJ Investigation: Report

At least three senior officials of Binance have departed the crypto exchange this week, as the company prepares to defend itself on multiple fronts, according to a report from Fortune. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Binance founder and CEO CZ's response to the executives' departure and what their resignation means for the embattled exchange.

Recent Videos

Finance

Binance CEO 'CZ' Brushes Off News of Top Executive Departures

Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over the exchange's handling of DOJ investigations.

Binance CEO Changpeng Zhao speaks by video link at the World Economic Forum's annual meeting. (Jack Schickler/CoinDesk)

Finance

Top Binance Execs Leave Company Over CZ’s Handling of DOJ Investigation: Report

Three senior officials left the exchange this week, a source told Fortune.

Binance's Changpeng "CZ" Zhao

Policy

Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands

The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.

Binance is fleeing the Netherlands (Patrick Rasenberg/Flickr)