Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

September 17, 2024 The Daily Hodl

Binance

The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the compromised wallet, contrary to speculation. “The WazirX team and Nischal […]

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Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark

September 17, 2024 Bitcoin.com

Binance

According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Binance Announces Support for Low-Cap Altcoin That’s Skyrocketed 200% This Month

September 17, 2024 The Daily Hodl

Altcoins

The world’s largest crypto exchange platform by volume is launching futures trading for one under-the-radar altcoin that’s jumped 200% this month. In a new announcement, crypto exchange Binance says that it is launching futures contracts with up to 75x leverage for UXLINK, a decentralized social network using blockchain technology. “Binance Futures will launch the UXLINK/USDT […]

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Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Former Binance CEO Changpeng Zhao To Be Released From Prison September 29

September 16, 2024 The Daily Hodl

Binance

The founding CEO of Binance is rapidly approaching his prison release date. According to the U.S. Federal Bureau of Prisons website, inmate #88087-510, Changpeng Zhao, is set to be released on Sunday, September 29th. Zhao is currently serving his sentence at Residential Reentry Management (RRM) Long Beach, a Southern California prison with over 14,000 inmates. […]

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Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

‘Dogecoin Sister’ Erupts 965%, Two Additional Memecoins Explode After Binance Announces Spot Trading Support

September 16, 2024 The Daily Hodl

Altcoins

One Ethereum (ETH)-based memecoin is soaring by triple digits after a sudden listing by Binance, the world’s largest crypto trading platform by volume. As Binance announced on Monday spot trading support for First Neiro (NEIRO), dubbed by the project as “the official sister of DOGE,” the altcoin rallied more than 965%. NEIRO currently has a […]

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Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In

September 16, 2024 Bitcoin.com

Binance

Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Binance Launchpool To Roll Out Support for New Native Token of Telegram Mini-App Gaming Bot

September 15, 2024 The Daily Hodl

Altcoins

Top global crypto exchange Binance is planning on launching trading support for the new cat-themed native token of a gaming bot built on the Telegram mini-app platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 59th project will be Catizen (CATI), a cat-themed social entertainment experience on Telegram. Explains the […]

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Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

US Urges Nigeria to Release Jailed Binance Employee, Considers ‘Wrongfully Detained’ Designation

September 14, 2024 Bitcoin.com

Binance

The U.S. is urging Nigeria to release Tigran Gambaryan, a jailed Binance employee, due to humanitarian concerns. This has become a major point of tension in U.S.-Nigeria relations. U.S. officials say Gambaryan’s health issues warrant his release, while his family claims he’s denied proper medical care. Nigeria denies these claims and insists the courts will […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Hamster Kombat Scores Binance Listing, Updates HMSTR Supply Before Airdrop

September 14, 2024 Bitcoin.com

Airdrop

Hamster Kombat, one of the world’s most successful Web3 games, has announced that Binance will list its HMSTR token and will include the project as the 58th initiative part of its Launchpool structure. Hamster Kombat’s team also stated that HMSTR would have a total supply of 100 billion tokens instead of the already announced 10 […]

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund

September 13, 2024 Coin Telegraph

A16Z

Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

Stand With Crypto, a political advocacy group led by Coinbase, launched a legal defense fund for non-fungible token (NFT) projects, according to a Sept. 13 post on the X platform.

Dubbed the Creator Legal Defense Fund, the $6 million fund is backed by venture capital firm a16z and NFT marketplace OpenSea. According to Stand With Crypto's website, it is also backed by law firms, including Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP.

“With the SEC issuing OpenSea a Wells notice, as well as other attacks on artists and creators, it has become clear that those looking to build on blockchain technology will continue to face significant legal threats and challenges,” according to the website.

Binance

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