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The post Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions appeared on BitcoinEthereumNews.com. Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million in transactions tied to a sanctioned Iranian financier, which eventually flowed to Iran’s Islamic Revolutionary Guard Corps. In a Friday post on X, Teng called the reporting “fundamentally inaccurate,” saying that Binance never permitted transactions with sanctioned individuals and that any flagged activity occurred before those individuals were placed under US sanctions. He also claimed Binance had investigated the issues before the Journal contacted the company, and that facts it provided were not included in the story. The Journal’s report, published on Thursday, identified Babak Zanjani, who was re-sanctioned by the US in January, as the central figure in a secret crypto payment network that ran $850 million through Binance accoun
Read full articleThe potential US-Iran deal could reshape geopolitical dynamics, impacting global markets and regulatory landscapes, especially in crypto. The post Iran and US negotiate framework deal to end war, with crypto caught in the crossfire appeared first on Crypto Briefing.
Binance's strategic entry into the Philippine market via a regulated sandbox could enhance investor protection but remains provisional. The post Binance partners with BlockShoals to re-enter Philippine market through SEC sandbox appeared first on Crypto Briefing.
The US-Iran tensions over asset release and maritime actions could destabilize oil markets, impacting global inflation and crypto trends. The post Iran condemns US ceasefire violation, demands $12B fund release as crypto seizures add digital dimension appeared first on Crypto Briefing.
The renewed US-Iran tensions could destabilize global energy markets and amplify crypto market volatility, impacting investor strategies. The post Iran condemns US strikes as ceasefire violation, vows response as Bitcoin drops below $77K appeared first on Crypto Briefing.
Bitcoin failed to copy US stocks' upside after a spike to $78,000 became one of a series of liquidity grabs.
The potential US-Iran deal could reshape geopolitical dynamics, impacting global markets and regulatory landscapes, especially in crypto. The post Iran and US near framework deal to end war, with crypto markets watching closely appeared first on Crypto Briefing.
Crypto analyst Crypto Patel has outlined a roadmap for a Litecoin rally to $1,000. He noted that LTC is currently in a multi-year accumulation phase, which is why he remains bullish despite the altcoin being down over 80% from its all-time high. The Roadmap For A Potential Litecoin Rally To $1,000 In an X post, Crypto Patel divided the roadmap for a Litecoin rally to $1,000 into three phases. Under the first phase, he expects LTC to reclaim the $100 to $140 zone between now and next year. Under phase 2, he predicts the altcoin could rally to between $200 and $280, which could happen between post-halving and 2028. Related Reading: Is Litecoin “Dead Money” Or Is It About To Do What Solana Did In 2024? Furthermore, Crypto Patel stated that Phase 3 will be the bull cycle peak, which could be between 2028 and 2029. This is when he expects LTC to sweep its current all-time high (ATH) and then see an extension to a blow-off top of between $500 to $700. The analyst added that a rally to $1,0
The restoration of internet access in Iran could enhance global connectivity and information flow, impacting socio-political dynamics significantly. The post Internet access begins restoration in Iran after months-long blackout appeared first on Crypto Briefing.
