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Binance
BNB Token Is Being Heavily Shorted, Perpetual Futures Show
Funding rates in perpetual futures tied to BNB are most negative in nearly three months.

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.

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.

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.

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.

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.

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.

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.

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 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.
