UK crypto investors sue Binance, Changpeng Zhao for $200M
One Binance customer said he lost the equivalent of more than $132,000 from the crypto exchange’s derivatives offerings before restrictions were imposed on Binance.
Crypto Briefing·
This lawsuit highlights the growing regulatory scrutiny on crypto exchanges, potentially reshaping global crypto market practices and compliance. The post Binance and Changpeng Zhao sued by 1,700 UK investors for £150M over unapproved crypto derivatives appeared first on Crypto Briefing.
Read full articleOne Binance customer said he lost the equivalent of more than $132,000 from the crypto exchange’s derivatives offerings before restrictions were imposed on Binance.
Binance partners with Anchorage Digital to add custody-separated trading through Atlas for eligible institutional clients. Binance has partnered with Anchorage Digital to expand custody-separated trading for eligible institutional and professional clients. The deal brings Banking Triparty services into Binance’s institutional trading network. The integration allows clients to access Binance liquidity while keeping assets in independent […] The post Binance Partners With Anchorage to Unlock Institutional Crypto Trading appeared first on Live Bitcoin News.
Bitcoin open interest sinks from $45B to $20.4B while XRP derivatives activity on Binance cools near a 0.71 turnover ratio. Binance traders pulled back on XRP positioning weeks before anyone outside CryptoQuant noticed. The ratio barely moved. Open interest, on the other hand, fell hard. XRP open interest on Binance now sits near 375.56 million […] The post Bitcoin Open Interest Halves While XRP Derivatives Finally Go Quiet appeared first on Live Bitcoin News.
Crypto exchange Binance and its founder were sued for nearly $200 million in a new lawsuit filed in the United Kingdom.
The lawsuit could redefine cross-border accountability for crypto exchanges, impacting global regulatory standards and investor protections. The post Binance and Changpeng Zhao face claim from 1,700 UK investors over risky derivatives appeared first on Crypto Briefing.
This partnership could significantly boost institutional confidence in crypto trading by mitigating counterparty risk and enhancing asset security. The post Binance partners with Anchorage Digital to offer triparty banking for institutions appeared first on Crypto Briefing.
Here's what users should expect on July 1.
84% of Binance-listed altcoins trade below the 200-day average as CryptoQuant says the weak cycle nears eight months. Binance-listed altcoins remain under pressure as the broader crypto market struggles to regain lasting upside momentum. CryptoQuant analyst Darkfost said about 84% of Binance spot altcoins trade below their 200-day moving averages. The 200-day moving average is […] The post Binance Altcoin Pain Hits Extreme as 84% Sink Under 200-Day Average for 8 Months appeared first on Live Bitcoin News.