Author Archives: BSCN NEWS REPORTS

Superstar Soccer Player Cristiano Ronaldo Faces Binance Lawsuit Cristiano Ronaldo, the renowned soccer player, finds himself embroiled in a class-action lawsuit alleging investor damages resulting from his endorsement of the cryptocurrency exchange Binance. The lawsuit contends that Ronaldo’s collaboration with Binance to promote his non-fungible token (NFT) collections led unsuspecting investors to make unregistered securities[Read more…]

XRP Withdrawal Suspension on Binance In a recent development, Binance, the world’s largest cryptocurrency exchange, temporarily suspended withdrawals of XRP via the Ripple Ledger (XRPL) network. This move has sparked concerns within the cryptocurrency community and the Ripple Army. Ripple Army Reacts to Binance’s Suspension The suspension of XRP withdrawals on Binance caused a swift[Read more…]

Overview: Binance Coin (BNB) and the Emergence of Rebel Satoshi (RBLZ) Binance Coin (BNB) is poised to exceed the $400 price mark by the end of 2024. Meanwhile, a new meme coin, Rebel Satoshi (RBLZ), has gained substantial investor attention after a successful Early Bird Round in just three weeks. BNB’s Recent Challenges After CZ’s[Read more…]

Binance Coin Price Analysis The price of Binance (BNB) coin has recently experienced a decline, dropping below the moving average lines. This downturn can be attributed to the rejection at the high price levels of $234 and $239. Here’s a detailed analysis by Coinidol.com. Binance Coin Price Long-Term Prediction: Bearish Binance coin’s price has fallen[Read more…]

BNB Coin Commentary We have witnessed the collapse of many large projects in the famous crypto money markets with high volatility. The collapse of FTX, which is only a year old, was a big lesson for investors. BNB Coin, which is among the biggest cryptocurrencies, did not collapse but entered a shaken period. So, what[Read more…]

Binance Faces Access Block In The Philippines According to a Reuters report, the Philippines Securities and Exchange Commission (SEC) has taken steps to restrict access to Binance, the world’s largest cryptocurrency exchange in terms of trading volume. The SEC has announced its decision to block access to Binance within the Philippines. Per the report, the[Read more…]

Upbit Lists SPACE ID (ID) The cryptocurrency exchange Upbit has officially listed Binance’s launchpad project SPACE ID’s native asset ID in BTC pairing. Notably, the announcement specifies that only deposits made through the Ethereum network will be accepted for ID. Other networks, such as BNB Smart Chain (BSC), will not be supported for deposits. Following[Read more…]

Overview Leading cryptocurrencies like Bitcoin and Ether traded flat over the past week, even after crypto exchange giant Binance agreed to a record $4.3 billion settlement with U.S. authorities, according to analysis by research firm K33. Analyst Insights Analysts from K33 highlighted that the landmark agreement unveiled on November 21st showed sanctions violations and illegal[Read more…]

Introduction Top cryptocurrency exchange Binance has recently made a significant announcement that directly impacts holders of Shiba Inu (SHIB), XRP, and Cardano (ADA). The exchange has decided to cease support for BUSD products, affecting several trading pairs, including SHIB, ADA, and XRP. Binance Ceases Support for BUSD Binance has officially declared that it will stop[Read more…]

The Roadmap for Enhanced Performance The roadmap paves the way for heightened performance for the layer-2 blockchain developed by BNB Chain. OpBNB’s Transaction Milestone The roadmap for opBNB paves the way for heightened performance for the layer-2 blockchain developed by BNB Chain. OpBNB’s transaction count crossed the 20 million mark last week. Transaction Speed and[Read more…]