The post Binance Implements Auto-Burn Protocol to Increase Binance Coin’s Value! appeared first on Coinpedia Fintech News Binance has implemented a new protocol called BNB Auto-Burn to reduce the total supply of its native token, Binance Coin (BNB), and increase its value over time. Binance will use 20% of its quarterly profits to buy back
Posts published by “Mustafa Mulla”
The post SEC Will Not Appeal Court Ruling on Grayscale Bitcoin ETF! appeared first on Coinpedia Fintech News The US Securities and Exchange Commission (SEC) will reportedly not appeal a court ruling that found it was wrong to reject a bitcoin exchange-traded fund (ETF) application from Grayscale Investments...
The post FTX Co-Founder Testifies That Sam Bankman-Fried Committed Wire Fraud! appeared first on Coinpedia Fintech News The co-founder of crypto exchange FTX, Gary Wang, testified in court on Thursday that Sam Bankman-Fried and his inner circle committed wire fraud. Wang revealed that Alameda Research, founded by Bankman-Fried...
The post Elon Musk Faces SEC Investigation over Twitter Acquisition appeared first on Coinpedia Fintech News Tesla owner, “Elon Musk” is currently embroiled in an investigation by the US Securities and Exchange Commission (SEC) over his acquisition of Twitter, which is now rebranded as X. The SEC is looking into whether Musk violated federal securities
The post SEC Opposes Celsius Plan for Coinbase in Bankruptcy Restructuring! appeared first on Coinpedia Fintech News The Securities and Exchange Commission has voiced its opposition to crypto firm Celsius Network’s proposal to distribute digital assets to customers through Coinbase as part of its reorganization plan...
The post Binance Reopens to New Registrations in Belgium! appeared first on Coinpedia Fintech News After a temporary suspension, Binance has reopened its doors to new Belgian customers. The cryptocurrency exchange announced that it is now accepting new registrations from Belgian residents. This news comes after a change in its terms of use...
The post DWS Fined $25m for Anti-money Laundering and Disclosure Failures! appeared first on Coinpedia Fintech News Deutsche Bank subsidiary DWS Investment Management Americas has been fined $25m by the Securities and Exchange Commission (SEC) due to a lack of adequate anti-money laundering policies. The SEC also accused DWS of inaccurate disclosures regarding its environmental...
The post Singapore’s Sandbox Lacks Crypto Payment Providers! appeared first on Coinpedia Fintech News Despite the increasing incidents of malware scams in Singapore, the Monetary Authority of Singapore (MAS) maintained that the rise has nothing to do with cryptocurrencies. The regulatory body argued that these types of scams are more common in the traditional fiat
The post FTX and BlockFi Customer Data Breach Amid a Kroll Cyber Attack! appeared first on Coinpedia Fintech News A hack of Kroll, a third-party agent that manages creditor claims on behalf of bankrupt companies, has resulted in the compromise of customer data from crypto exchange FTX and lender BlockFi amidst bankruptcy proceedings...
The post Maple Finance Secures SEC Exemption for US Treasury Yield Offering! appeared first on Coinpedia Fintech News Maple Finance, a blockchain-based institutional capital marketplace, has obtained an exemption from the SEC to offer its one-month U.S. Treasury yields to accredited investors in the U.S. The move will allow the platform to expand its reach