Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts.
Here’s Why We Might Never See Bitcoin Price Below $30,000 Again, According To Stastician Willy Woo
Three important events reveal that, if history is anything to go by, Bitcoin’s price shouldn’t go back below the $30,000 price line ever again. Popular on-chain analyst Willy Woo shared this analysis in a recent post on X (previously known as Twitter). BTC Shouldn’t Go Back Below $30,000 Willy Woo believes Bitcoin’s latest rally is […]
Binance sees over $45m in funds withdrawn amidst criminal charges
Binance faces significant user fund outflows and a drop in BNB value following the DOJ’s criminal charges and CEO Changpeng Zhao’s potential departure.
Binance CEO Changpeng Zhao (CZ) Resigns After Being Found Guilty in $4.3B AML Case
Binance CEO Changpeng Zhao Resigns (CZ) Resigns Read CoinChapter.com on Google News LUCKNOW (CoinChapter.com) — Changpeng Zhao (CZ), CEO of Binance, is reportedly on the verge of pleading guilty to charges related to violating US Anti-Money Laundering (AML) requirements. This revelation came as the United States Department of Justice (DOJ) unveiled a $4.3 billion settlement with […]
Shibarium Blasts Through Another Important Milestone: What’s Next for Shiba Inu (SHIB)?
TL;DR Shibarium Achievements: Shibarium, Shiba Inu’s layer-2 blockchain, exceeded 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses. Shiba Inu Price Drop: Despite these milestones, Shiba Inu’s token price fell by 4%, mirroring the overall cryptocurrency market downtrend. New Donation Feature: Shibarium introduced a donation feature to support non-profit validators, enhancing […]
Bitcoin miner Phoenix Group’s $370m IPO overwhelms with massive subscription rate
Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital.
Sam Altman to Continue Heading Worldcoin’s Development As WLD Reacts after Microsoft’s Latest Announcement
Worldcoin, a project co-founded by Sam Altman, has experienced a recent price pump, partly due to recent discussions about his departure from OpenAI and his involvement with Microsoft. Altman, a tech professional who previously served as the CEO of OpenAI, was let go a couple of days ago, sparking curiosity about his plans and how […]
Ethereum (ETH) Sees Intriguing Shift Occuring, Analyst Explains What’s Happening
Crypto analyst points out how whales’ behavior has changed recently
Celsius Announces Transition to Bitcoin Mining Focus
Celsius, a cryptocurrency lending platform, has revealed its intention to transform into a new entity with an exclusive emphasis on Bitcoin mining. This change, disclosed in a recent court filing, represents a departure from its initial reorganization strategy, including a focus on staking. Celsius Moves Towards Mining-Exclusive Entity Following feedback from the U.S. Securities and […]
DoJ captures $9m in Tether’s USDT from “pig butchering” operation
The Justice Department said the funds were stolen from over 70 victims who fell prey to a relationship scam, adding that USDT issuer Tether aided the seizure.