Binance to Stop Crypto Margin Trading, Earn Related Services
On June 13, Binance announced scheduled system changes that will affect Margin and Select Earn products. As a result, certain services will be temporarily unavailable during the upgrade period from 06:00 to 07:00 UTC. To ensure user safety and prevent liquidation risks, Binance will suspend trading, borrowing, repayment, and fund transfers between Margin wallets and […]
CZ Refutes Claims Of User Fund Diversion From Binance
Binance CEO “CZ” refuted allegations that the cryptoc exchange diverted $12 billion of user funds to other companies controlled by the CEO. According to reports, CZ diverted customer funds to a company called Merit Peak. In response to the US Securities and Exchange Commission’s (SEC) complaint, Senators Elizabeth Warren and Chris Van Hollen have asked […]
Jim Cramer Cautioned by Binance Executives Over False Claim
In the aftermath of the SEC lawsuit, Jim Cramer, a skeptic of the cryptocurrency market, has been extremely critical of Binance. The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Binance, long-term crypto market skeptic Jim Cramer has been extremely critical of the cryptocurrency exchange. The CNBC presenter went so far as to describe the […]
Binance Debuts Bitcoin NFTs Amidst SEC Lawsuit
Just one day after the U.S. SEC filed a lawsuit against them, Binance swiftly added bitcoin non-fungible tokens (NFTs) to its marketplace. The marketplace offers a variety of collections. These include BTC DeGods, Bitcoin Bandits, Bitcoin Frogs, Bitcoin Pizzas, and Bitcoin Punks, with over 25 collections of Bitcoin NFTs available. Bitcoin-related NFTs have gained significant […]
NFT Mogul Transfers Millions of NFTs to Support Binance
Machi Big Brother announced the transfer of their BAYC and MAYC NFTs to Binance in a move that surprised the cryptocurrency community. In response to recent legal actions taken by the US Securities and Exchange Commission (SEC), the Binance community intended the action to demonstrate its support. NFT Whale Supports Binance According to Etherscan, Machi […]