Binance to Outspend Ripple’s SEC Lawsuit Costs on Compliance
Binance spending on compliance requirements to exceed $200 million amid new hiring plans, which is more than Ripple’s legal costs in the SEC lawsuit. Binance, the world’s largest cryptocurrency exchange, is preparing to make significant investments in ensuring full compliance following recent regulatory conflicts worldwide. Binance Holdings plans to hire 1,000 new employees this year, many of […]
Ethereum Golem Moves 4000 ETH to Exchanges
Ethereum Golem address has recently become active again, transferring over 4,000 ETH to Binance and Coinbase. For the second time, the Ethereum Golem address is operational and it has transferred more than 4,000 ETH to the cryptocurrency exchanges Binance and Coinbase. During the initial coin offering (ICO) period, the Golem multi-signature address transferred over 8,000 […]
AAVE Surges 9% After ZKsync Era Mainnet Launch
The DeFi protocol known as Aave introduced its version 3 on the Era Mainnet, featuring transactions supported by ZKsync technology. After the platform announced the release of version 3 on the Era mainnet, AAVE’s price increased by nine percent. ZKsync technology supports this solution, paving the way for a new era of yield generation and […]
WazirX Cancels Open Orders to Address INR-Crypto Balance Issues
WazirX canceled all open orders and refunded assets to users as part of efforts to resolve INR and crypto balance issues. All open orders on the Indian exchange WazirX were canceled yesterday, and any INR and crypto assets that had been reserved for the aforementioned transactions were returned to the balances of users. The exchange […]
Binance, CZ Face New Lawsuit Over Alleged Crypto Money Laundering
Binance and CEO CZ are sued for allegedly enabling crypto money laundering, leading to investor losses and RICO violations. A new lawsuit has been filed against Binance and its CEO, Changpeng Zhao (CZ), alleging that the cryptocurrency exchange enabled money laundering, which resulted in substantial losses for three investors. The lawsuit, which was filed on […]