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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

November 29, 2023 -

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 ...

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 ...

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 ...

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, ...

Bitcoin SURGES above $73,000 ahead of “halving” event in April

a month ago -

The value of bitcoin has now surged by nearly eight percent in the past five days and over 47 percent in the past month. (Related: U.K. court might uncover REAL IDENTITY of mysterious Bitcoin founder Satoshi Nakamoto.)

The current price of $73,515 has overtaken its previous high of nearly $69,000, achieved in November 2021. The massive rally has had a knock-on effect on the entire cryptocurrency industry. The annualized three-month futures premiums on major exchanges, including ...

Bitcoin price, which has risen by more than 150% since the beginning of the year, surges above $42,000

December 06, 2023 -

On Monday, Dec. 4, bitcoin rose by as much as 6.1 percent to a high of $42,144. By 4 p.m., it was trading at $41,803.

The value of bitcoin has climbed by more than 20 percent in just one month, and traders said the momentum behind buying bitcoin is still going strong.

Crypto executives are claiming that the recent rise in the value of bitcoin signals an ongoing bull run, with a growing number of voices suggesting that the price of bitcoin could surge to above ...

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 ...

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 ...

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 ...

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 ...

Health Ranger Report: John Perez highlights the importance of having silver and gold as crypto collapses

November 17, 2022 -

According to Perez, the cryptocurrency Bitcoin has collapsed and lost 25 percent of its value. He attributed this to a conspiracy, explaining that investors' mindsets are to make money fast given that the entire crypto sector quickly made money. However, Perez remarked that this money is not actually real money.

The Health Ranger Mike Adams cited the example of cryptocurrency exchange firm FTX Trading Limited, which he said has been operating a huge digital Ponzi scheme....

The FALL of the CRYPTO CABAL: FTX was a massive money laundering slush fund for Democrats – ALERT – Apparent self-hack in progress to DRAIN all assets

November 12, 2022 -

Sam Bankman-Fried, the now discredited CEO of FTX (which declared bankruptcy on Friday), had funneled tens of millions of dollars to Dem candidates in the mid-term elections (including John Fetterman who narrowly "won" over Oz). As CNBC.com reported earlier this year, "Crypto billionaire says he could spend a record-breaking $1 billion in 2024 election."

Through FTX, Sam Bankman-Fried was the second largest donor to Democrat candidates this year, only behind George ...

Report: FTX utilized customer funds to prop up beleaguered Alameda Research

November 16, 2022 -

A Nov. 3 Reuters report elaborated on this claim, citing three people familiar with FTX operations. The sources said Bankman-Fried moved at least at least $4 billion in FTX funds secured by assets in aid of Alameda Research. While two sources disclosed that a portion of the money were customer deposits, the precise value of the assets could not be established.

One of the losses incurred by Alameda Research was a $500 million loan agreement with crypto lender Voyager ...

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; ...

Former multibillion-dollar crypto firm FTX files for bankruptcy

November 15, 2022 -

Bankman-Fried has been succeeded by John J. Ray III, though the outgoing chief will stay on to assist with the transition.

"The immediate relief of Chapter 11 is appropriate to provide the FTX Group the opportunity to assess its situation and develop a process to maximize recoveries for stakeholders," Ray said in the statement.

The move rippled through some 130 FTX-related companies, including large global crypto exchange FTX.com and FTX.US.

The Ontario ...

FTX collapse fallout: Crypto brokerage firm Genesis warns of possible bankruptcy

November 23, 2022 -

The company has warned potential investors that it may need to file for bankruptcy if its efforts to obtain fresh cash for its lending unit fail.

"We have no plans to file bankruptcy imminently," said one representative for Genesis in a statement emailed to media outlets. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors."

This rush for funding ...