DOJ Tells FBI and Others: ‘Stop Signing Appreciation Notes for Binance’
The U.S. Department of Justice (DOJ) has requested federal agencies stop signing appreciation letters for Binance. The exchange used these letters as proof they are actively helping these agencies in criminal probes. However, this behavior seems to have bothered agents of these state organizations, who argue the exchange is bound to cooperate with these investigations by law. DOJ, Says ‘No Thanks’ to Binance Binance, the leading cryptocurrency exchange, seems to have fallen from grace with U.S. government agencies. The exchange normally requested appreciation notes regarding....
Related News
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions.” PBOC Tells Banks to Stop Dealing With Crypto Exchanges and OTC Desks On June 21, 2021, the People’s Bank of China (PBOC) issued a notice to a number of financial institutions concerning crypto transactions. The PBOC says it has discussed....
In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower denomination USD notes. The CBN issued the warning after it became “inundated with complaints from members of the public on the rejection of such notes by banks and other authorized forex dealers.” Rejection of Defaced or Stamped USD Notes In the circular issued by Ahmed Umar, a director in the CBN’s Currency Operations Department, the central bank says it will sanction institutions that “refuse to accept old....
“Don’t trust, verify,” says Charles Guillemet, the CTO of hardware wallet firm Ledger. With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.” In an interview with Cointelegraph, Guillemet broke down the problems and highlighted issues with blind signing. The Ledger CTO notes that consenting to transactions requires signing a message to be sent to the blockchain. A user is the only one capable of....
No. 1 NFL Draft Pick Trevor Lawrence has reportedly converted his entire signing bonus to cryptocurrencies via crypto firm Blockfolio. Lawrence is the top overall pick in the 2021 National Football League. His signing bonus is estimated to be around $24 million. NFL Draft Pick Trevor Lawrence Converts Signing Bonus to Cryptocurrencies Clemson quarterback Trevor Lawrence was selected No. 1 overall in the 2021 NFL Draft by the Jacksonville Jaguars on Thursday night. The 6-foot-6, 220-pounder has partnered with crypto management and trading platform Blockfolio where has reportedly converted....
Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.