Binance Announces USTC Perpetual Contract With 50x Leverage
Binance cryptocurrency exchange announced on Monday that it will launch a USTC perpetual contract with up to 50x leverage, this news has caused Terra Luna Classic (LUNC) and USTC prices to jump massively. Binance Futures will introduce the USD-M USTC Perpetual Contract, the company announced in an official capacity as of November 27. Binance provides […]
US DOJ Announce $4.3B Settlement with Binance
United States Department of Justice representatives declared that Changpeng “CZ” Zhao, the CEO of Binance, will enter a guilty plea to a single felony charge following a $4.3B settlement involving the exchange and various criminal and civil cases. During a press conference on November 21, Attorney General Merrick Garland declared that CZ submitted his plea […]
CZ to Plead Guilty to Violating Anti-Money Laundering Requirements – WSJ
According to a Wall Street Journal (WSJ) report, Changpeng Zhao, CZ, plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance exchange. As the United States Department of Justice (DOJ) awaits the announcement of a $4.3 billion settlement with the company, Binance founder Changpeng “CZ” Zhao […]
BNB Surges on Report of DOJ Seeking $4B Settlement With Binance
Following a Bloomberg report that the DOJ demanded $4B from Binance to conclude its investigation, BNB reached its highest price since June. Following Bloomberg’s report that the United States Department of Justice is considering a $4 billion settlement with Binance to conclude its investigation into the company, BNB increased by more than 7% the previous […]
Binance To Remove Russian Ruble (RUB) Crypto Trading Pairs
On Friday, the Binance cryptocurrency exchange announced removing specific spot trading pairs, including XRP, ETH, ADA, MATIC, SOL, and 15 other crypto in Russian Ruble (RUB) pairs. The official declaration on November 17 states that on November 20, cryptocurrency exchange Binance will remove and cease trading numerous cryptocurrencies in Russian Ruble (RUB) pairs. DOT/RUB, ADA/RUB, […]