Search Results

Binance is delisting privacy tokens in France, Spain, Poland and Italy

June 04, 2023 -

Starting June 26, Binance users in Spain, France, Poland and Italy will no longer be permitted to buy and sell enhanced anonymity crypto assets (CAE). The platform identified 12 coins that will be affected: Dash, Firo, XMR, Monero, Beam, Horizen, ZEC, Decred, Verge, Secret, MobileCoin, and PIVX.

These tokens are designed to hide information about their transactions to give users a greater level of privacy. Although cryptocurrencies are generally considered pseudonymous, ...

Binance cryptocurrency exchange pleads guilty to violating U.S. anti-money laundering laws

3 days ago -

Binance submitted its plea before a federal court in Seattle, Washington on Nov. 21. As part of its guilty plea, the cryptocurrency company has agreed to pay a $50 million fine to the federal government – a fine that, interestingly enough, is separate from the $4.3 billion investigation resolution Binance has with the Department of Justice. (Related: 47 Nations combine forces to require automated tax authority monitoring of crypto trading data.)

As part of ...

Govt. agency files complaint against crypto exchange Binance, alleging compliance violations

March 28, 2023 -

As reported by CNBC, the filing has the potential to disrupt the exchange's operations and may be the first move in a wider regulatory crackdown on the world's largest crypto exchange. In addition to disgorgement and other monetary penalties, the CFTC has asked the court to impose further relief, such as trading and registration bans.

According to the complaint Binance, Zhao, and Lim are alleged to have violated eight core provisions of the Commodity Exchange ...

Binance, an early FTX investor, linked to CCP, WEF and UN

November 24, 2022 -

Disgraced FTX CEO Samuel Bankman-Fried, whom the media is referring to as SBF, was the second-largest donor to the Democrat Party – the first being none other than George Soros. And Binance is tied to all this left-wing money laundering as well.

"The shambolic 30-year-old whiz kid, once said to have been worth $16 billion, had spent $10 million helping get Biden elected in 2020," reported the New York Post about SBF.

As for Binance, it was one ...

Binance strategy chief takes a swipe at FTX following the latter’s bankruptcy filing

November 17, 2022 -

"This is the direct result of a rogue actor breaking every single basic rule of fiscal responsibility," Binance Chief Strategy Officer Patrick Hillmann said in a statement given to the Wall Street Journal (WSJ). "While the rest of the industry operates under an extreme measure of scrutiny, the cult of personality shrouding FTX allowed them a dangerous level of privilege that wasn't earned."

Binance originally signed a letter of intent to acquire FTX ...

Emergency interview with John Perez as SWIFT cuts off Binance and global currency wars explode

January 23, 2023 -

This means that USD on ramps and off ramps from the Binance crypto hub will be cut off, prohibiting users from selling crypto tokens for dollars if such redemptions involve a bank wire transfer.

In effect, Binance is being de-platformed from the entire western banking and financial system in much the same way Russia was cut off from SWIFT. While Binance says it's looking for a new SWIFT partner, it's clear that western banking giants are now ...

Binance backs out of bailout plan to rescue FTX, causing further turmoil across crypto markets

November 10, 2022 -

Just months ago, FTX and its sister trading firm Alameda Research were two of the largest cryptocurrency firms in the world. Their 30-year-old founder and CEO, crypto trader and entrepreneur Sam Bankman-Fried, was one of the world's richest people. But following a liquidity crunch that virtually wiped out all of the company's value, he will be lucky to hold on to just some of his $24 billion fortune. (Related: "Crypto Nostradamus" John Perez: $2 trillion loss in value just ...

Recent regulatory crackdowns have crypto investors on edge

February 16, 2023 -

Until recently, regulators had not interfered much in the crypto industry. However, they have recently started cutting off access to services and products that are essential for the digital currency business.

This week, regulators in New York stopped new issues of BUSD, the world's third-biggest stablecoin, amid an ongoing probe. This led investors to flee the U.S. dollar-pegged coin and is causing major concerns about the future of the crypto exchange Binance; ...

NO ACCIDENTS: The oblivious masses have no idea they are being systematically EXTERMINATED by a series of planned disasters

February 15, 2023 -

The burning of vinyl chloride, of course, releases phosgene, a World War I chemical weapon that maims or kills biological beings on contact. The train crash provided the perfect cover story for genocidal government agents to essentially detonate a chemical weapons bomb over prime farm land, not far from heavily populated cities. The entire Ohio River basin will be impacted by the fallout for years to come, with massive die-offs already being reported, and both soils and foliage ...

OpenAI CEO launches iris-scanning crypto plan to “verify” every human being: “IT’S TIME”

August 01, 2023 -

Known as Worldcoin, Altman's dystopian project aims for a "World ID" ecosystem in which internet users can verify their identities online in a "decentralized" and "private" way – or so he says.

On July 23, the day before the official launch, Worldcoin tweeted the cryptic message: "It's time." This was the official announcement for Worldcoin, which first launched on March 14 alongside a waitlist for its software development kit, known as SDK.

"According to its team, ...

Controlled demolition of global finance system sees failing cryptos, bank runs and soon, the unveiling of Central Bank Digital Currencies (CBDC)

January 11, 2023 -

A couple months back, Genesis Trading announced that it needed at least a $1 billion cash infusion to avoid bankruptcy – this after it was determined that the company had $175 million tied up in an FTX trading account. Parent company DCG initially gave Genesis $140 million while talks surfaced of a possible investment from crypto exchange Binance – though nothing ever materialized on that front.

Meanwhile, Genesis Global Capital in November froze customer withdrawals ...

FTX used $200 million of customer deposits to fund venture deals

December 31, 2022 -

In March, the cryptocurrency firm reportedly invested $100 million through its FTX Ventures unit in the fintech company Dave, which had just gone public a few months prior. The companies announced at the time that they would be working to enlarge the “digital assets ecosystem.”

In another deal that caught the SEC’s attention, FTX made a $100 million investment in the Web3 firm Mysten Labs in September. This ended up being a $300 million funding round for the company ...

Investors are leaving the cryptocurrency industry en masse as collapse continues

December 20, 2022 -

Cryptocurrency fund asset managers saw their investors withdraw $20 billion worth of assets from the crypto industry in November. This accounts for nearly 15 percent of total crypto assets under management (AUM), bringing the collective AUM of crypto fund managers to its lowest point in nearly two years. (Related: Crypto stocks PLUMMET: Industry nearing collapse as financial analysts warn most crypto firms unlikely to survive long-term.)

In comparison, very few small-time ...

FTX legacy? JPMorgan explores blockchain-based deposit token as new payment vehicle… backed by the bank itself

September 14, 2023 -

According to a person familiar with the work who asked not to be identified, America's largest bank by assets has already developed the majority of the underlying infrastructure for the new payment vehicle to work. It is just waiting on final approval from U.S. regulators before actually creating the token. But the source said that once JPMorgan gets the approval, it will likely launch the product for use by corporate clients within a year.

"Deposit tokens bring plenty ...

Brighteon video platform announces integration of Monero privacy crypto tipping system for all users and content creators

June 26, 2023 -

Monero is the most mature and widely-recognized privacy cryptocurrency, meaning that its blockchain does not readily reveal wallet IDs (unlike with Bitcoin), so that users' transactions remain hidden. This is achieved through clever protocols such as "ring signatures" and other algorithms that are far beyond the scope of this announcement. Essentially, Monero is private digital money, where Bitcoin is public (transparent) digital money that allows everyone to see your wallet activities....

Follow these steps if you want to survive the 2023 banking system collapse

May 03, 2023 -

The Fed just raised interest rates another 25 basis points, by the way, and declared the need to keep contracting credit across the economy. The commercial real estate market is going to fall off a cliff.

To survive the implosion of the western financial system, you need to be nimble. That's why I'm handing out homework assignments today, to provide you a checklist of all the things you need to nail down in advance of the worsening financial crisis.Step-by-step instructions ...

Corrupt and failing cryptos birth bank runs and contagion in advance of US central bank digital currency

January 10, 2023 -

(Article by Stan Szymanski republished from EncouragingAngels.org)…’Genesis has spent the past several days seeking at least $1 billion in fresh capital, said the people, who asked not to be identified because discussions are private. That included talks over a potential investment from crypto exchange Binance, they said, but funding so far has failed to materialize.’…

And this is all after …’The crypto firm's lending arm, Genesis Global Capital, froze customer ...

A job-destroying economic vortex has just been unleashed: Large-scale layoffs will accelerate through 2023, impoverishing millions

January 10, 2023 -

Just today, crypto exchange giant Coinbase announced it's cutting 20% of its workforce (about 950 positions) due to the FTX fallout that's already ensnaring Gemini and DCG.

Goldman Sachs just slashed 3,200 jobs this week, according to CNBC, and Michael Snyder from The Economic Collapse Blog is reporting large job cuts across companies like Amazon, Vimeo, Salesforce, Silvergate Capital, Biocept and others.

McDonald's, meanwhile, says it's going to slash a whopping ...

EXCLUSIVE: Hot fusion breakthrough only “allowed” because of COLD FUSION (LENR) revolution now under way

December 14, 2022 -

I say CNBC "falsely" reported this because hot fusion technology has been in existence for many years (see the Lockheed Martin patent below for starters). It was kept under wraps because hot fusion energy would provide extremely low-cost electricity for the masses while gutting the fossil fuels industry whose existence is necessary for US dollar hegemony (see full explanation below). Hot fusion, in other words, had to be suppressed in order to maintain oil dominance -- and ...

Report: Crypto exchange Binance still serving Iranian clients, allowing them to trade despite sanctions

November 10, 2022 -

With over 120 million users, Binance is the world's largest platform for exchanging cryptocurrency assets with fiat money or even with physical assets like gold and silver.

The allegations against Binance have come following a review of blockchain data by New York-based blockchain researcher Chainalysis. The firm found that some $7.8 billion worth of funds, either in crypto assets or in fiat money, flowed between Binance and Nobitex, Iran's ...