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BNB
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 Dethrones BNB to Become 4th Largest Cryptocurrency by Market Cap
XRP has become the fourth largest cryptocurrency by market capitalization, surpassing the BNB token, according to CoinDesk data. This comes as CoinGlass data shows XRP-tracked shorts, or bets against price rises, posted the highest losses so far this year at $33 million after a U.S. court found that sales of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. "The Hash" hosts discuss the Ripple ruling and subsequent market reaction.
XRP Overtakes BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
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 '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 Hits Back at Rumors of Exchange Selling Bitcoin for BNB Coin
Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.
Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.
Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog
A spokesperson for Binance, which faces U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.
Binance's BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
In the first nine hours of June 5, BNB’s open interest increased nearly $30 million.
Binance.US Suspends Use of Fiat as Legal Troubles Mount
The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company.
