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The Shiba Inu Binance petition is causing a stir in the crypto world. This move by SHIB fans could change the crypto market’s impact, catching the eye of investors. Also Read: Shiba Inu and Ethereum: Price Prediction Analysis shib a-inu-s-plan-on- binance ">Understanding Shiba Inu’s Plan on Binance The Petition’s Main Idea SHIB fans started a petition on Change.org. They want Binance to burn 1% of all SHIB trading fees daily. As of July 19, 2024, 111 people have signed. The first goal is 200 signatures, but they hope for 50,000. We have 111 signatures ️. The road is still long, but we are strong and need more. Don't stop the petition; let it reach a large number of people. Send it in private messages to the # shib community, let it reach everywhere. Don't stop we will reach the dream. All you need to do… pic.twitter.com/ojUlvvkdxL — Shiba Arab army (@Labib_co) July 18, 2024 Why the Community Supports It Labib, a well-known SHIB fan, leads this push. The communit...

Cryptocurrency investors are constantly on the lookout for coins that show promise and potential for major gains. With Binance Coin ( BNB ) recently hitting a new all-time high (ATH), the focus has shifted to BNB -related plays that are gaining significant attention. In this article, we will explore three top coins to watch as BNB continues its impressive run: FLOKI, PancakeSwap (CAKE), and SPACE ID (ID). $ETH pumping ➜ ETH-Beta$SOL pumping ➜ SOL-Beta BNB is at an ATH, and only today have BNB -related plays gained significant attention. Until recently, BNB dapps' mindshare was near bottom, so BNB -Beta could also be starting a price discovery run. BNB -Beta watchlist •… pic.twitter.com/ZqP0uYjoMh — Layergg (@layerggofficial) June 5, 2024 Also read: Top 3 Meme Coins Other Than Shiba Inu To Buy For 10X Gains In 2024 FLOKI: The Top Meme coin on BNB FLOKI, the popular meme coin named after Elon Musk’s pet dog, has been surging. Currently trading ...

The co-founder of LocalMonero, Alex Daneo, announced on Reddit that he will be ceasing operations after almost 7 years. Like the also-defunct Local Bitcoin s service for Bitcoin (BTC), LocalMonero helped facilitate peer-to-peer trading of monero (XMR), a private-by-default Crypto currency. Daneo cited “internal and external factors” that made it difficult to sustain LocalMonero’s operations. Most people in the Crypto industry interpreted those “factors” to be recent news developments: namely the criminal indictment of Samourai Wallet’s co-founders, and a public service announcement about non-KYC Crypto money transmitters from the FBI. Those events sent a clear message: “Beware of financial services that do not ask for KYC information including name, date of birth, address, and ID before allowing you to send or receive money or Crypto currency.” Similarly to LocalMonero, the FBI-seized Samourai Wallet was a service for privacy-conscious users to swap money with ties to their ident...

Despite the availability of over 15 platforms facilitating euro-denominated trading with crypto , only a few attract substantial trading volume , Kaiko says. Cryptocurrency exchanges Bitvavo, Kraken, Coinbase, Bitstamp, and Binance collectively dominate the landscape of euro-denominated trading volume, accounting for over 98% of the total trades. According to a recent research from Kaiko co-made with Bitvavo, crypto exchange Kraken saw €25 billion in cumulative volume in 2023, followed by Binance, which once held a significant market share. Crypto exchange Bitvavo, according to the report, witnessed cumulative euro volume s exceeding €34 billion, accounting for over 50% in December 2023. Monthly euro-denominated trade volume | Source: Kaiko You might also like: Asset managers cut fees for European Bitcoin ETFs as competition grows Euro traders in 2023 demonstrated a strong preference for Bitcoin (BTC), which experienced substantial gains in Q4 2023. According to a...

A candidate for the head of Ukraine’s anti- corruption agency appears to be DOGE and LUNC holder , according to an official declaration. Kateryna Kapliuk, a former journalist at Ukrainska Pravda and current candidate for the head of Ukraine’s National Agency on Corruption Prevention (NACP), disclosed in her declaration she had acquired over 30 altcoins during her tenure at the agency. According to the document, Kapliuk, who joined NACP in 2020 as an advisor to NAPC Chairman Alexander Novikov, was buying multiple cryptocurrencies until mid-2022, with a total sum of 127,165 UAH (approximately $4,778). While it remains uncertain if Kapliuk still holds mentioned in the document cryptocurrencies, the declaration indicates purchases of over 19.3 million SHIB tokens, more than 39.7 billion DOGE tokens, and slightly over 0.01 BTC, among other altcoins like DASH, ZEN and BTT, were made in 2021 only. Except for 0.007 BTC, all the tokens were held on Binance, as per the declara...

Brock Pierce, the co- found er of controversial ‘stablecoin’ Tether , is suing his former business partner Joseph Lipsey III over control of the W resort in Puerto Rico, according to reporting from Bloomberg. Pierce originally acquired a majority stake in the hotel in 2021. He then took a line of credit from Lipsey III, who made his fortune in trucking, to buy out the other owners. The Tether founder’s complaint alleges that Lipsey III seized the hotel after Pierce missed a deadline to complete the transaction, a fact Pierce denies. The New York Post details how the lawsuit claims this default was manufactured to “outright steal” the property in question. Pierce and Lipsey’s son, Joseph Lipsey IV, are both producers on the new movie Christmas Eve in Miller’s Point . Pierce’s former partner Lipsey pled guilty to curious charges Lipsey IV and both his parents were previously charged with allegations that the family would throw partie...

In anticipation of the launch of Sleepless AI farming on the Launchpool platform from Binance, unknown people conducted a rug pull of the token of the same name. As PeckShield analysts reported, one of the addresses exchanged 1 billion fake AI for $91,000 in ETH. As a result, the token ’s price fell by 97.5%. A similar rug pull scheme was carried out with the fake FomoFi token . #PeckShieldAlert Sleepless AI $AI has dropped -97.5% The address 0xB359…6f3d has swapped 1,000,000,000,000 $AI for 37.7 $ETH (~$91K) *Note*: The #rugpull token shares the same name as the legitimate ones pic.twitter.com/C0M8vHxRbz — PeckShieldAlert (@PeckShieldAlert) December 28, 2023 The attacker’s address exchanged over 5.3 trillion FOMO for 189,600 BSC-USD, after which the coin price dropped to zero. Another incident devalued the NebulaNode token after exchanging numerous NNNN token s for 1033.8 BNB, the equivalent of $335,900. Farming of the original Sleepless AI project on ...

Binance abruptly halts AEUR trading. The euro-pegged stablecoin experienced an extraordinary 200% surge just one day after its listing. AEUR is supposedly backed by euro fiat assets. Binance has abruptly halted trading on the AEUR stablecoin , pegged to the euro, as its value soared over 200%. The unexpected surge on December 5 raised concerns, leading to a swift response from the exchange. This incident sheds light on the risks associated with stablecoin s, particularly those with lower market caps and liquidity. AEUR’s rollercoaster ride  The AEUR stablecoin, pegged to the euro at 1:1, witnessed an unprecedented surge of over 200% on Binance, just a day after its listing. Initially trading around $1.08, mirroring the prevailing EUR-USD rate, the token’s value skyrocketed to $3.25 at 17:45 UTC. Binance promptly suspended trading due to “abnormal volatility,” indicating concerns about the stability of the coin. #Binance ha...

Crypto exchange HTX has skipped a Dutch court hearing after being accused of ignoring a scam victim and has been ordered to reveal the scammer’s identity — or face a hefty fine. According to the Netherlands’ financial crime unit, a scammer stole €1.2 million ($1.3 million) from a local with an HTX wallet that has been connected to several other Crypto investment scams. HTX allegedly ignored the Dutch victim’s reports, leading them to contact authorities and seek legal action. The scammer’s full name, address, zip code, and place of residence must be handed over, an Amsterdam court ruled in a hearing earlier this month. HTX didn’t attend. HTX was fined €500,000 ($550,000) and can be ordered to pay €100,000 ($110,000) more each day it doesn’t comply, up to €2 million ($2.2 million). HTX hacked week after Poloniex — now Justin Sun only posts as AI Read more: Justin Sun in no hurry to tell China about HTX hack HTX is owned by Tron founde...

Despite regulatory action against Binance, a surge in Ethereum network activity and the expectation of a spot ETF approval fueled a price move above $2,000. Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether's price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improved decentralized applications (DApps) metrics, increased protocol fees, and Ethereum's dominance in the non-fungible token (NFT) market. To assess whether Ether can sustain its $2,000 price point, one must consider the repercussions of Binance's recent regulatory challenges following its plea deal with the U.S. Department of Justice (DoJ). Investor fear drops as Ethereum network conditions improve Binance leads in Ether spot trading volume, accounting for 30% of ETH futures contracts' open interest. The closure of Binan...

Binance and its CEO have pled guilty to felony charges related to violations of the Bank Secrecy Act, failure to register as a money services business, and failure to maintain an effective anti-money laundering program. Under the conditions, Changpeng Zhao ( CZ ) has been forced to resign as Binance ’s chief exec. The crypto exchange will pay $4.3 billion in order to resolve these criminal charges.  Former Binance chief compliance officer Samuel Lim has also agreed to pay $1.5 million in civil penalties to the CFTC. Under the deal, Binance will be watched by “an independent compliance monitor” for the next three years, who will have the ability to see detailed information about Binance’s transactions and activities. Today, I stepped down as CEO of Binance . Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance , and for myself. Bi...

In reports from Forbes and the Wall Street Journal, sources familiar with the matter state that Binance CEO Changpeng Zhao will be forced to step down from his role at the world’s largest exchange as part of a $4.3 billion settlement . As part of the settlement , Zhao will plead guilty to violating criminal U.S. anti-money laundering requirements. Zhao steps down Zhao is currently scheduled to appear in the federal court in Seattle on Tuesday afternoon. The deal is believed to preserve the exchange’s ability to continue operating. It is rumored that Zhao may be able to retain majority ownership, but would not be able to hold an executive role within Binance. Although there are still no comments from any of the related parties, it is worth noting that the Securities and Exchange Commission (SEC) is not participating. You might also like: U.S. Justice Department to announce Binance settlement later today Settlement details This news comes at the same time the DoJ a...

Bitcoin, the pioneering crypto asset, has captivated the financial world since its inception. While its foundational principle is decentralization, it is widely acknowledged that a few entities and individuals wield considerable influence over this digital treasure. In this article, we will explore the intriguing realm of Bitcoin’s most substantial stakeholders and the narratives woven around their extensive holdings. However, this list is based on categories. Satoshi Nakamoto [Individual] Satoshi Nakamoto, an enigmatic persona within the crypto realm, commands profound reverence. As the pseudonymous creator behind Bitcoin, Nakamoto mined the inaugural Bitcoin block, the “genesis block,” in 2009. It is estimated that Nakamoto controls a remarkable 1.1 million BTC, securing their status as the most substantial known holder of this digital asset. Although the precise extent of Satoshi’s holdings remains a mystery, studies indicate that these funds were acquire...

The company considered selling Changpeng Zhao’s shares to continue with growth plans but decided to lay off one-third of its staff instead. Binance US was weighing selling shares controlled by Binance co-founder Changpeng Zhao (CZ) to stick to the company’s growth plans, The Block has learned, citing sources familiar with the matter. During an all-hands meeting, the firm’s staff was report edly presented with a presentation describing three options for what to do next. The first option was to continue the work as planned. Still, it would require CZ to “resolve” his issues with US regulators, put his shares in Binance US into a blind trust (a trust established by the owner giving another party full control of the trust), or sell them entirely. The second one described a scenario where the firm would have to slow down its burn rate while keeping investing in the platform even despite the bear market, the report notes. The third option was to go into ...

Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks. Binance co-founder and CEO Changpeng ‘CZ’ Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust, despite the recent market uncertainty. The Binance boss blamed negative news, rumors, bank runs, lawsuits, the closing of fiat channels, product wind-downs and employee turnovers for creating an environment of FUD (fear, uncertainty, doubt) in a Sept. 7 post on X (Twitter).  Saw some debates in the community. When you do the right thing, and there is FUD, you don't have to do anything. The community defends you. Let me summarize. There have been a lot of negative news/rumors, bank runs, lawsuits, closing of fiat channels, product wind downs,… — CZ Binance (@cz_binance) September 7, 2023 He then used the opportunity to clarify Binance’s current financial position: “Guess what we don't have...

Also Read: Bitcoin , Ethereum To Rise Amid Positive US Fed & Inflation Data or Fall As Market Makers Exit Interestingly, the SEC Chair spoke about the need to protect investors, saying the Crypto Market s should not be allowed to harm them. In his speech, Gensler mentioned a 2018 conversation by Binance ’s then Chief Compliance Officer Samuel Lim with a colleague about how the crypto exchange is operating as an unlicensed securities exchange in the the United States . The same was included in the SEC’s recent complaint against Binance , which alleged it of lying to regulators. Gary Gensler Warns Crypto Market, Again Gensler reiterated in his opening remarks that most cryptocurrencies qualify as securities by the virtue of meeting the investment contract test. However, the SEC Chair made it a point to warn that lack of compliance could lead to more and more anti-crypto enforcement actions. He said, “not liking the message is not the same thing as not receiving ...

Cristiano Ronaldo was asked if he currently owns any NFTs and if he plans to release more NFT collections. Soccer legend Cristiano Ronaldo went through a lie detector test to answer various questions about soccer and teased his plans to release more nonfungible token (NFT) collections in the future.  The lie detector test video was done as the soccer star released his second NFT collection in partnership with crypto exchange Binance. The collection was released in July to celebrate the athlete’s reign as the highest goal scorer in the sport. Soccer star Cristiano Ronaldo was put under a lie detector test. Source: Binance The video allowed soccer fans to see Ronaldo take on the lie detector test while answering soccer-related yes-or-no questions like “Will Portugal win the World Cup?” and “Will you still be playing at your highest level in your 40s?”  When asked if he owns NFTs, the athlete said “yes,” and the lie detector test confirmed that he was telling the truth. The results...

Binance Burns 796 Million LUNC Tokens Crypto exchange Binance sent 796 million Terra Luna Classic (LUNC) tokens to the burn address to contribute to reducing the LUNC circulating supply, according to the transaction on September 1. It also includes a transaction fee of 3.98 million LUNC. advertisement Notably, the 13th batch of the LUNC burn mechanism is for the period July 31 to August 30, 2023. With the latest burn, Binance has burned nearly 37 billion Terra Classic tokens in total from trading fees on LUNC spot and margin trading pairs. Last month, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The burn rate has significantly reduced amid FUD, resignations by L1TF project manager LuncBurnArmy and developer Fragwuerdig, and a fall in LUNC trading volumes. Meanwhile, the community has burned 74.22 billion LUNC tokens in total. Validator DFLunc and project TerraCasino are the only major contributors to the LUNC burn this month. Also, the focus...