'In terms of just net outflows, we've seen about $2 billion total from Binance in the past seven days,' nansen_ai's jasonczmeng says, citing on-chain data. That's 'not out of the norm' for binance, he adds. Watch more:
Data from blockchain analytics firm Nansen reveals that Binance's on-chain balance remains high, despite the CFTC suit against the crypto exchange that dropped this past week.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former CFTC Chair Massad on CFTC Lawsuit Against Binance: It's a 'Big Deal'The CFTC has sued Binance on allegations that the crypto exchange offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs. Bernstein analysts predict the CFTC could require Binance to cease operations in the U.S. as part of a potential settlement. Timothy Massad, Harvard Kennedy School Research Fellow and former CFTC Chair, shares his reaction and the potential implications for the state of U.S. crypto regulation. [reward]679e01c3-4c4c-4baa-8a79-6077e51e5165[/reward]
Read more »
Binance’s On-Chain Balance Stands at $64B, Nansen Data ShowsDespite ongoing allegations from government regulators and media outlets, Binance’s on-chain balance still remains high, standing at $64 billion, according to blockchain analytics firm Nansen. reports.
Read more »
Binance’s On-Chain Portfolio Stands at $64B, Nansen Data ShowsData from blockchain analytics firm Nansen shows that Binance’s on-chain portfolio currently stands at $64 billion. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, shares his thoughts on the CFTC lawsuit against Binance and the state of the broader U.S. crypto regulatory landscape as CFTC Chairman Rostin Behnam reiterated Tuesday at a congressional hearing that he believes ether is a commodity, contrary to what the SEC has said. Plus, his thoughts on Sam Bankman-Fried facing a new U.S. indictment.
Read more »
Former CFTC Chairman: Regulator's Lawsuit Against Binance 'Is a Big Deal'The level of detail found within the CFTC filing against binance is “really quite striking,” said Kennedy_School's Timothy Massad, a former CFTC chief. This is a 'big deal.' _franvela reports
Read more »
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC LawsuitBitcoin consolidated around $27K as investors continued to mull the potential impact of the U.S. Commodity Futures Trading Commission (CFTC) lawsuit against Binance and founder Changpeng Zhao over alleged regulatory violations. _jocelynyang_ reports
Read more »
Bitcoin price holds its ground in the wake of CFTC case against BinanceConsidering the magnitude of the CFTC’s case against Binance and CZ, Bitcoin’s price correction is softer-than-expected, noshitcoins looks into derivatives markets to see what’s going on.
Read more »