Binance twitter

Additional regulatory action against Coinbase was probably more certain than against Binance, as the firm had already received a Wells Notice. Juxtapose this with the enforcement action against Binance, a firm with no official physical headquarters, making it less clear how it would be investigated by the SEC. (Answer: via their U.S. entity, Looking into the regulated futures market positioning data helps us determine what actions investors have taken to align with their market views. Why the positioning data, and why regulated markets? Well, it's good to understand how traders and investors were positioned going into the event, and there have been many allegations of wash trading in unregulated markets. A good mental model for investor positioning is to think about passengers on a boat. If everyone is spread out across the boat, a specific passenger moving from one side to another does not impact the net balance much. But if everyone is on one side of the boat (and it’s not capsizing) and someone decides to break from the crowd and catch some fresh air on the other side, that contrarian move will have an outsized impact on the net balance of the system. Positioning alongside investor deleveraging dynamics can also help explain relief rallies. I prefer to look at the data from the perspective of leveraged money managers as opposed to asset managers, swap dealers, or other reportables, as they are more likely to have unhedged positions. I consider the group’s positionin...

Major crypto exchange Binance has participated in On May 5, Musk According to the document, Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity Management and Research Company. Having invested $500 million, Binance is the fourth biggest contributor, following the Lawrence J. Ellison Revocable Trust, which invested $1 billion. Sequoia Capital and VyCapital donated $800 million and 700 million, respectively. Binance CEO A small contribution to the cause. Each listed equity investor mentioned in the document has committed to contribute immediately prior to the closing of the acquisition. “Equity Investors have retained an option to satisfy such Equity Investor’s equity commitment with shares of common stock held by such equity investor, valued at $54.20 per share,” the document reads. Related: Billionaire CEO and founder of Tesla Musk officially announced the acquisition of Twitter on April 25, with the $44 billion worth transaction expected close in 2022, subject to the approval of Twitter stockholders as well as regulators. He previously said that one of his As previously reported by Cointelegraph, Musk was

Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its 'ideological' attack on the crypto industry Binance's US arm is urging its customers to withdraw their cash from the crypto exchange by next week, as the Securities and Exchange Commission tightens the screws in its "ideological campaign" against the industry. In a It urged American customers to withdraw any fiat cash by the June 13 deadline, adding withdrawals could take longer than usual due to elevated activity on the platform. Customer deposits are still safe, it said, as assets are backed on a 1:1 ratio. After June 13, Binance.US will become a crypto-only platform until it can find "more stable" banking partners, it said. "The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign against the American digital asset industry. Binance.US and our business partners have not been spared in the use of these tactics, which has created challenges for the banks with whom we work," the exchange said in a statement. "The SEC has brought unjustified civil claims against our business, from which we will continue to vigorously defend ourselves, our customers," it later added.

It was ‘fixed’ right after this tweet. Here’s what the original looked like: In Buddhism and other Asian religions, the swastika symbolizes good fortune. But to most of the Western world, the symbol is more closely associated with Nazism and the Holocaust. Binance, which was founded in China, tweeted out a mea culpa after it deleted the offending emoji, ultimately replacing it with a design that looks more like its regular logo. Well that was obviously really embarrassing. We’re not sure how that emoji got through several layers of review without anyone noticing, but we immediately flagged the issue, pulled it down, and the new emoji design is being rolled out as we speak.— Binance (@binance) This isn’t the first time Binance has accidentally alluded to the Holocaust during one of its marketing campaigns. In 2017, the company shared a promotional tweet that featured a six-pointed star resembling the Star of David, integral to Jewish iconography, as well as the word “gas” in bold letters. In crypto parlance, “gas” refers to transaction fees on the Ethereum blockchain. Binance didn’t respond to Fortune’s request for comment. But the five-year-old exchange, which was founded in 2017 by Changpeng Zhao, In 2020 the “The Buddhist symbol has stood for spirituality and good fortune for more than a thousand years, and has a different design than the Nazi swastika which stands for hate—but frankly, that doesn’t matter because we should’ve been more considerate of the symbol’s hurtfu...

Crypto exchange giant Binance poured $500 million into Elon Musk's Twitter acquisition. Why it matters: Binance sees this as "an R&D opportunity" to apply blockchain and Web3 technology to Twitter, chief strategy officer Patrick Hillmann tells Axios. Behind the deal scenes: According to Hillmann, Musk's statements about Twitter's spambots and free speech caught the attention of Binance CEO Changpeng Zhao. • After 40 hours of debate with Binance's leadership team, Zhao reached out to Musk via Twitter about participating in the deal. After some discussions (and agreement) about Musk's vision for the company and these various issues, Binance proceeded to work with Musk's transaction team on joining the financing. • Binance is not getting any board seats or formal advisory participation, per Hillmann. Instead, the company expects to organically engage with Musk and Twitter down the line about ways to collaborate or help in certain areas. • Hillmann also notes that the two teams did not discuss exit strategies or expectations of what the company could be worth eventually. Between the lines: "Twitter has always been a really important platform for crypto, going back to immediately when [bitcoin creator Satoshi Nakamoto] started to publish his emails… it was really talked about globally on Twitter," says Hillmann. • "Over the last two years, [Zhao] started to see that no matter what he would put up on Twitter, his Twitter feeds would get inundated by bots and shills, and it compl...

June 12 (Reuters) - Binance said in a tweet on Monday it would swap 750 million tether-tron token pairs for tether-ether in an attempt to maintain the stablecoin's liquidity. The move comes amid renewed regulatory scrutiny at the world's largest cryptocurrency exchange and will help cushion some of the fallout from recent blows, including Binance being sued by the U.S. Securities and Exchange Commission. The swap, set to start after 12 p.m. UTC on Monday, will be held directly with the tether team, the tweet said. loading Tether is the largest stablecoin that aims to maintain a 1:1 peg with the U.S. dollar. Tron is the ninth largest cryptocurrency with a $6.3 billion market value, while ether is the largest after bitcoin, with its $210 billion market capitalization. Last week, the SEC It will also Trading platform Robinhood Markets The SEC charged the Tron Foundation and its founder Justin Sun with fraud in March. A month later the U.S. arm of Binance said it would remove digital asset token tron from its trading platform.