Binance

San Francisco, Bitcoin prices nosedived on Saturday after leading cryptocurrency exchange Binance reportedly laid off roughly 1,000 workers, and the layoffs could continue.Bitcoin slipped back nearly $30,000 per token after the news emerged…

Bitcoin and other cryptocurrencies rose in value on Friday after the US Securities and Exchange Commission was handed a setback in its legal campaign against the hard-hit sector.The increases came after a federal judge in Manhattan…

Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a US prosecutor in New York said Thursday morning, as three federal regulatory agencies sued him and his…

Binance, the largest cryptocurrency exchange in the world, has found a way to draw Indian crypto traders to its platform by enabling them to settle deals in rupees. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Acko…

Binance, the world’s largest cryptocurrency exchange, is drawing traders in India to buy and sell cryptos on its platform while letting them cut deals in rupees --- by either online fund transfers from domestic bank accounts, or using…

Several top executives have quit cryptocurrency firm Binance, as the company faces a widening net of legal probes across the world.The firm is one of the biggest left in the crypto industry, which has seen a string of scandals, hacks and…

The market share of Binance, the world's largest cryptocurrency exchange, and its US affiliate have shrank this year, as they battle an onslaught of regulatory crackdowns.Last month, Binance was hit by a lawsuit by the US Securities and…

Paysafe Payment Solutions, Binance's European banking partner, said on Thursday it will cease offering its embedded wallet solution to the US cryptocurrency exchange across the European Economic Area (EEA) from Sept. 25."Paysafe and Binance…

Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its business.In a letter filed just before midnight…

Binance's European banking partner Paysafe Payment Solutions Ltd will stop supporting the U.S. cryptocurrency exchange from Sept. 25, CoinDesk reported on Wednesday.The crypto exchange will be changing the provider for euro deposits and…