Coinbase And Binance Accused Of Relying On ‘Flawed Software’ By Industry Expert
In a provocative social media post on X (previously Twitter), market expert MartyParty has raised alarm bells, claiming that two of the world’s largest cryptocurrency exchanges Coinbase (COIN) and Binance, are engaged in a fierce competition that allegedly threatens the integrity of the sector. According to the expert, the roots of this so-called “conflict” may […]
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The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of California on Monday, alleging that Binance sold unregistered securities in the form of LUNA and UST to investors and mislead them into buying them.The lawsuit was filed by law firms Roche Freedman and Dontzin Nagy & Fleissig on behalf of....
Two crypto industry giants, Binance and Coinbase, have recently adjusted to align with the United Kingdom’s crypto regulations to continue their operations in the country. These changes are pivotal in the crypto industry’s journey as countries grapple with integrating digital assets into their financial systems worldwide. Related Reading: Crypto Collision: Coinbase’s CEO Brian Armstrong Challenges Chase […]
Gold bug Peter Schiff has been publicly confronted by his 18-year-old son, a bitcoin proponent, on the topic of value. Calling his dad’s understanding of money “Flawed,” Spencer Schiff made the statement in defense of TV Personality Max Keiser, who was having an argument with Peter on Twitter. ‘Your Understanding of Money is Flawed’ Gold bug Peter Schiff was confronted by his son, Spencer Schiff, on Monday after he accused TV personality and bitcoin proponent Max Keiser of not understanding the concept of fiat money. “According to Max Keiser, I oppose....
The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation. Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.Binance announced Thursday its entry into the Association of Banks of Russia, aiming to facilitate dialogue with local authorities, lawmakers and experts in the cryptocurrency industry.Founded in 1990, the association includes over 300 banks and financial institutions in Russia, covering....
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions.
CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions
Since Russia began its invasion of Ukraine, governments worldwide have raised concerns that cryptocurrency could be used to circumvent sanctions placed by Western nations.
The CEOs of two leading cryptocurrency exchanges have shared their thoughts on whether crypto can be an effective tool to circumvent sanctions.....