Binance Burns 1.35B LUNC; Total Burn Exceeds 60B
Binance burns 1.35 billion $LUNC tokens, raising its total burn to over 60 billion. This action supports the Terra Luna Classic community, aiming to stabilize $LUNC value. #CryptoNews #Updates
Crypto Exchanges
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Ex-Binance CEO Jailed: BNB Impact Analysis
Former @Binance CEO begins prison term in California, highlighting the legal scrutiny faced by major crypto exchanges. This serves as a stark reminder for compliance in the evolving digital currency landscape. #CryptoRegulation #Analysis
Coinbase Alerts: Rising Deepfake Scams in Crypto
Coinbase warns of rising deepfake scams targeting crypto executives like @brian_armstrong. Enhanced security measures, including vaults and passkeys, are crucial. Stay vigilant! #CryptoScams #SecurityUpdates
DMM Bitcoin Hack: Japanese Exchange Loses $303M
Japanese crypto exchange @DMM_Bitcoin reports a $303M theft of 4503 BTC due to a hack. Trading is suspended; users to be compensated. Highlights persistent security issues in crypto. #CryptoNews
Coinbase Challenges SEC Rulemaking Denial in Court
Coinbase files closing brief in lawsuit against SEC over rulemaking denial. Dispute highlights SEC’s inconsistent approach to crypto, causing industry confusion. #CryptoRegulation #Coinbase
Beam Price Soars 25% After Upbit Listing
$BEAM surged 26% to $0.331 after listing on South Korea’s largest exchange, @Official_Upbit. Enhanced visibility and liquidity attracted diverse investors, pushing market cap to $1.65B. #CryptoNews #Updates
Stargate Finance Soars 77% After Upbit Listing
Stargate Finance’s $STG token surged 77% after listing on South Korea’s top crypto exchange, Upbit, and launching “DeFi’s cheapest bridge.” Trading at $0.6873, it’s still 83% below its ATH. #CryptoNews #Updates
FTX Bankruptcy Costs: $670M on Consultants and Lawyers
FTX has spent $672.5M on legal fees since its November 2022 bankruptcy. Major payouts include $198.2M to Alvarez and Marsel, and $194M to Sullivan and Cromwell. #Crypto #Updates
Binance France Changes Shareholder Structure: Zhao Removed
Binance France removes Changpeng Zhao as sole shareholder due to French regulations. Co-founders Yulong Yan and Lihua He now hold 50% each. #Crypto #Regulation
Gemini Refunds $2 Billion to Users
Gemini reimbursed $2.18B to 232,000 users of its Earn program, covering 97% of frozen assets. This exceeds initial obligations by 232%. #CryptoNews #Updates
Hidden Roads Suspends Bybit Access
Prime brokerage firm Hidden Road, supported by @CitadelSecurities, will halt client access to Bybit over KYC/AML disputes, highlighting stricter crypto regulations. Bybit commits to transparency. #CryptoNews #RegulationUpdate
Gemini Repays Earn Customers $2.18 Billion
Gemini will repay Earn customers $2.18B in crypto, marking a 232% recovery after FTX and Genesis issues. 97% of assets returned. This showcases crypto’s resilience and commitment to protecting investors. #CryptoNews #Gemini
Gemini Earn Repays $2.18B in Crypto to Users
Gemini’s Earn program repays $2.18B in crypto to users, marking a 232% recovery rate. Co-founder Cameron Winklevoss thanks customers for their patience. #CryptoNews #BreakingNews
Binance France Removes CZ’s Shares
Binance France removed former CEO Changpeng Zhao’s shares to comply with EU laws, redistributing ownership between co-founders Yulong Yan and Lihua He. #CryptoRegulation #Binance