Criminal sentencing of Binance founder CZ postponed to late April

Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit Tessier | Reuters The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30, according to … Read more

Cryptocurrencies dip as investors digest regulatory updates from Binance, Kraken

Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”, attends the “CZ meets Italy” at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. Antonio Masiello | Getty Images Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, … Read more

Bitcoin breaks under $26,000, posts worst week since Might

A worsening macroeconomic local weather and the collapse of business giants resembling FTX and Terra have weighed on bitcoin’s worth this 12 months. STR | Nurphoto through Getty Pictures Cryptocurrency costs remained below strain to finish the week. Bitcoin ended the day decrease by about 6% at $26,038.41, based on Coin Metrics. It wavered over … Read more

Bitcoin nears 2-month low after Fed minutes dial up inflation fear

Cryptocurrencies have been underneath strain Thursday as buyers grappled with renewed considerations concerning the U.S. economic system. Bitcoin was final decrease by about 4% at $27,901.60, in accordance with Coin Metrics. The slide started after the minutes of the Federal Reserve’s July coverage assembly have been launched Wednesday. The minutes cautioned that Fed officers see … Read more

Cryptocurrencies climb, buyers digest BlackRock bitcoin ETF plans

Crypto costs climbed to finish the week Friday, a day after the biggest asset supervisor on this planet jumped into the race to launch the primary spot bitcoin exchange-traded fund within the U.S. Bitcoin ended the day larger by 3.75% at $26,355.04, in response to CoinMetrics, whereas ether superior 3% to $1,718.32. Even altcoins rose, … Read more

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

The CEO of the most important on-line change for buying and selling cryptocurrency, Binance, stated he’s establishing a restoration fund to assist individuals within the business, whereas saying the sector “shall be high-quality.” Ben McShane / Contributor / Getty Photos The Securities and Trade Fee filed 13 prices in opposition to Binance, the world’s largest … Read more