Cristiano Ronaldo has found himself embroiled in a class-action lawsuit. This legal action stems from his association with Binance, the cryptocurrency exchange currently facing its own set of legal challenges. Ronaldo, known for his on-field achievements, is now under scrutiny
Binance US CEO Brian Shroder has announced his resignation amid a wave of layoffs. The company is slashing its workforce by a third, letting go of 100 employees. Brian Shroder’s departure marks the third CEO change for Binance US since
In the wake of a hack that saw Ethereum co-founder Vitalik Buterin lose $700,000 worth of crypto assets, Binance CEO Changpeng Zhao (CZ) has sounded the alarm on the necessity of robust security measures. Changpeng Zhao specifically endorsed hardware-based Two-Factor
Elon Musk announced that Twitter, now known as X, is removing the ability for users to block unwanted followers on the social media platform. However, the X owner said people will still be able to prevent other users from contacting
Binance has filed for a protective court order against the US Securities and Exchange Commission (SEC) in response to what it calls “overbroad” and “unduly burdensome” requests for communications and deposition testimony from its executives. According to Reuters, the exchange
The U.S. Department of Justice (DOJ) is weighing whether to charge Binance with fraud. But prosecutors are worried that doing so could cause a run on the world’s largest crypto exchange, leading to losses for users, Semafor reported. Prosecutors fear
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
The DeFi ecosystem has been dealt a significant blow following a security exploit that impacted both the Curve Finance and the BNB Smart Chain (BSC) platforms. Curve Finance, a prominent decentralized stablecoin exchange reported a staggering loss of $41 million
Prime Minister Fumio Kishida reaffirmed Japan’s commitment to embracing the transformative power of Web3 during the prestigious WebX Web3 conference. In a remarkable shift from its aggressive stance on Bitcoin regulation, Japan is now positioning itself at the forefront of
SEC has begun its extensive investigation into companies dealing in digital assets by filing a lawsuit to freeze the assets of Binance.US and suing Coinbase in the process. The two recent enforcement actions show the seriousness of the SEC in
ABOUT US
and then