According to Bloomberg, the U.S Securities and Exchange Commission is looking into whether Binance Holdings breached securities laws. These allegations pertain to when the exchange released its BNB cryptocurrency in an initial coin offering (ICO) five years ago. During the height of the so-called ICO frenzy, the Binance ICO took place in July 2017 on[Read more…]
Monthly Archives: June 2022
07
Jun
Jun
Binance’s BNB, the fifth largest cryptocurrency, has come under investigation by the US Securities and Exchange Commission (SEC). BNB, which is the native token on Binance, slumped as much as 11% after news of the probe broke. The token is trading at an average price of $279.6, at the press time. Other exchange-linked tokens, including[Read more…]
07
Jun
Jun
BNB (Binance coin), one of the top five most popular cryptocurrencies by market cap, is now being listed on the CoinLoan platform, enhancing the company’s offer to its clients. This is part of a bigger project from CoinLoan of integrating with the BNB Smart Chain, a stable and cost-efficient Blockchain that supports the following functions:[Read more…]
07
Jun
Jun
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin appeared to promise a bullish breakout after it reached the $31.5k mark but was unable to push toward the $32k area. Emboldened bulls were caught offside as the prices reversed in recent hours.[Read more…]
07
Jun
Jun
Binance CEO “CZ” on Tuesday refuted a Reuters report that the exchange facilitated about of $2.35 billion worth of illegal transactions. CZ released over 50 pages of email records between Binance’s cybersecurity team and Reuters, which he believes refutes the Reuters report. Binance CEO responds to Reuters report Reuters on Monday reported that Binance’s weak[Read more…]
07
Jun
Jun
Binance has fought back on a Reuters investigation that accused the crypto exchange of serving as a conduit for at least US$2.3 billion worth of illicit funds, calling the report a “breathless pearl clutching” piece. See related article: SEC probes Binance’s BNB for initial coin offering in 2017: report Fast facts “We’re aware of Angus[Read more…]
BSC News, BSC Projects
Breaking: U.S. SEC Initiates Investigation Into the 2017-Sale of Binance’s BNB Crypto
07
Jun
Jun
The world’s fifth-largest cryptocurrency BNB Coin has now come under the scrutiny of the U.S. Securities and Exchange Commission (SEC). After five long years, the securities regulator has launched an investigation on whether Binance violated the securities laws with its 2017 BNB token sale. This is the second major cryptocurrency after the XRP that has[Read more…]
07
Jun
Jun
As the collection continues to rage, community members also express their affection for it in unique ways. Degen Ape Craze Continues Degen Ape Club (DAC) NFTs have shown strong performance over the last month as they are listed among the top 10 BNB Chain NFTs on NFTKEY and Rareboard NFT marketplaces. The Degen Ape club[Read more…]
07
Jun
Jun
Binance launched the BCAT program to encourage crypto adoption in Africa, the world’s second-largest continent. BCAT Program Promotes Crypto Adoption Binance announced its blockchain tour across Africa in June. The BCAT program was launched by the popular Centralized Exchange platform to promote crypto and blockchain adoption in the world’s second-largest continent, Africa. Blockchain and Cryptocurrency[Read more…]
07
Jun
Jun
The leading network prioritizes speed and decentralization for users and validators, increasing overall efficiency and productivity. More Speed and Decentralization BNB Chain released its “Technological Roadmap” for the remainder of 2022. The industry-leading blockchain platform, through the Roadmap, revealed its plans to focus on offering more speed and decentralization to users without congestion. The fast[Read more…]
