The Department of Justice has opened an investigation into Binance for helping Russians skirt the US sanctions. This is not the first time Binance has come under fire for violating sanctions.
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After shutting down its operations in Singapore in late 2021 due to lack of compliance in crypto regulations, Binance is again opening its doors and reviving its crypto permit bid in Singapore.
The U.S. Justice Department is still divided on whether to pursue charges against the world's largest cryptocurrency exchange, Binance. Prosecutors are looking to see if it laundered money and more.
Binance has backed out of a non-binding deal to provide FTX with liquidity. The decision came after the SEC said it was going to be investigating FTX to see whether it broke any rules.
Bitcoin has seen large moves in its price today. It reached $17,229 which is the lowest price it has been at in about two years. It comes as the FTX crypto exchange experiences liquidity issues.
Binance Labs has announced the start of Season 3 of its Incubation Program which will help nine nascent crypto projects develop further, find funding from investors and find new partners.
Binance has been ordered by the UK High Court of Justice to identify hackers who stole $2.6 million from Fetch.ai. Once found, the court said Binance has to freeze the account of those responsible.
Twitter accounts of prominent personalities and Bitcoin exchange companies were compromised earlier today. The hackers linked to a phishing website that siphoned off close to $25,000 already.
