Tag: Binance

US Senator Blumenthal Presses Officials for Update on Binance Oversight

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Connecticut Senator Richard Blumenthal questioned US authorities responsible for overseeing Binance about whether the company is complying with anti-money laundering laws and sanctions under its 2023 court-imposed monitoring program. According to a report published by Fortune on Friday, Blumenthal sent letters to the Justice Department and the US Treasury’s Financial Crimes Enforcement Network (FinCEN), asking for details on Binance’s compliance.  Binance and its former CEO Changpeng “CZ” Zhao reached a deal in 2023, in which the exchange would pay $4.3 billion to settle civil regulatory enforcement actions, and CZ would…

Coinbase, Binance seek Anthropic Mythos access as crypto firms brace for AI security threats

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Coinbase and Binance are seeking access to Anthropic’s Mythos model as crypto exchanges and custodians move to prepare for a new wave of AI driven cyber threats, according to a report from The Information. The report said Coinbase is in close communication with Anthropic about Mythos, with Coinbase CSO Philip Martin saying the model will accelerate digital threats as well as defense, while Binance and Fireblocks are also taking steps to understand how far it could reshape cyber offense and defense tools. The push comes just one week after Anthropic…

XRP Targets 2026 Highs After Binance Flows Flash Bull Market Signal

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XRP (XRP) has consolidated within a tight price range below $1.40 over the past 20 days, but new data suggests it may be poised for a bullish breakout after a shift in Binance activity signals reduced sell-side pressure.  Binance’s withdrawal and deposit activity is flashing a setup that mirrors June 2025, when the altcoin embarked on a rally to $3.65. XRP/USDT on the one-day chart. Source: Cointelegraph/TradingView XRP Binance deposits drop to 2025 lows Crypto analyst Amr Taha noted a shift in XRP activity on Binance, with transaction flows moving…

Binance Wallet integrates prediction markets through Predict.fun

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Binance Wallet has integrated prediction markets through Predict.fun, adding event-based trading to the Binance app across crypto, sports, global events, and other categories. Prediction Markets are now integrated with Binance Wallet, provided by @predictdotfun. Trade outcomes across crypto, sports, global events, and more. We’re launching a user feedback campaign. Join and share now👇 1️⃣ Open the Binance App in [Exchange] view → Go to [Markets] →… pic.twitter.com/amjjHgUQI2 — Binance Wallet (@BinanceWallet) April 9, 2026 Binance said users can access the feature through the Markets section in Exchange view, marking a…

Bitcoin Price Targets $90K as Bulls Buy BTC Aggressively on Binance

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Market analysts say Bitcoin’s (BTC) is building up after its 7% rally above $72,000 on Tuesday, with bulls eyeing further gains to $90,000 amid improving macro sentiment.  Key takeaways: BTC price builds a bullish structure after reclaiming $72,000, as a symmetrical triangle breakout targets $90,000. Binance taker buy volume exploded by $2.7 billion in two hours after the US-Iran ceasefire, signaling strong aggressive buying by bulls. BTC price “builds a bullish structure” Bitcoin’s latest rally saw it reclaim key support areas, including the $68,000 zone where the 200-week exponential moving…

Binance Rolls Out Spot Price Range Rule to Limit Volatility

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Update April 7, 2026, 12:27 pm UTC: This article has been updated to add comments from a Binance representative. Crypto exchange Binance is introducing a new spot trading feature that restricts orders from executing outside a defined price range during periods of extreme volatility.  Binance said Tuesday that a mechanism called the Spot Price Range Execution Rule (PRER) will be rolled out on April 14.  The mechanism allows orders to execute only within dynamic price bands set around a reference price derived from recent trades, which Binance said is intended…

Binance Australia hit with multimillion-dollar penalty after retail investor losses

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Binance Australia Derivatives, operated by Oztures Trading, has been fined $6.9 million after a court found it incorrectly classified over 85% of its clients as wholesale investors between July 2022 and April 2023, according to a Friday press release published by the Australian Securities and Investments Commission (ASIC). The misclassification exposed 524 retail investors to risky crypto derivative products without required safeguards, resulting in over $8 million in losses and fees. Binance admitted to major compliance failures, including flawed onboarding processes, insufficient staff training, and poor oversight by senior compliance…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

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An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were…

Democrats Promise to Oversee Reported DOJ Probe Into Binance

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A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance. Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego said in a joint statement on Thursday that they “will conduct oversight to ensure the Department of Justice conducts a serious investigation into Binance and holds the company accountable for any wrongdoing.” The Wall Street Journal reported on Wednesday, citing people familiar with the matter, that the Justice Department was investigating Iran’s possible use of Binance to…

Binance Claims ‘Full and Complete Legal Victory‘ in Alabama Court

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A federal court in Alabama has granted a motion to dismiss a 2024 complaint filed against Binance, its separate US entity Binance.US and former Binance CEO Changpeng “CZ” Zhao over allegations that the cryptocurrency exchange facilitated transferring funds to terrorist groups. In a Wednesday order, US District Court for the Middle District of Alabama Magistrate Judge Chad Bryan granted a motion filed by Zhao requesting that significant portions of the complaint be dismissed. The complaint, filed in February 2024, alleged that the three defendants “violated, and may be continuing to…