Gekocrypto Crypto News

Binance Warns of Fake Tokens Exploiting Its Name Ex-Binance employee sues exchange after whistleblower bribery claim Binance US Ex-CEO Brian Brooks Tops List for SEC Chair Binance Unveils BFUSD: A High-Yield Asset For Futures Traders Giggle Academy’s X Account Hacked, Binance Founder Zhao Confirms FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance? Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally ETH Surges 30% Amid Whale Activity and BNB Hit by $1.8 Billion Lawsuit! Meanwhile, This New Crypto Offers 1079.25% Potential ROI FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer BINANCE COIN PRICE ANALYSIS & PREDICTION (November 14) – BNB Bounces This Critical Zone After A Retest, Bigger Moves Ahead

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Binance Warns of Fake Tokens Exploiting Its Name

Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be cautious with unverified tokens. Protect yourself by doing your own research (DYOR) and staying informed,” Binance advised, noting that suspicious activities should be reported promptly to maintain the safety of the community and the cryptocurrency space. Tags in this story Image Credits: Shutterstock, Pixabay, Wiki...

21.11.2024

Ex-Binance employee sues exchange after whistleblower bribery claim

Meme coins are doing well in 2024, helped by the ongoing crypto bull run and the fear of missing out. Pepe coin has emerged to be one of the best-performing cryptocurrencies this year as it jumped by 1,472% from its lowest point in January. This article explores why Pepe may continue rising and why crypto analysts are turning to iDEGEN. Pepe price has room to rally Pepe coin has done well this year, helped by the ongoing crypto rally and strong demand from investors. The number of holders has jumped to over 330,000, much higher than 296,000 a few weeks...

29.11.2024

Binance US Ex-CEO Brian Brooks Tops List for SEC Chair

The overall cryptocurrency market has been experiencing notable upward momentum following the victory of pro-crypto Donald Trump and has gained support from the anticipated resignation of the current Securities and Exchange Commission (SEC) chairman, Gary Gensler. When Is Gary Gensler Resigning as SEC Chairman? Gary Gensler, the current Chairman of the SEC, is expected to resign voluntarily after Thanksgiving, with his departure likely to occur by early January 2025, before Donald Trump’s inauguration. Before the SEC chair steps down, five potential candidates are currently in the race to become chairman. Amid this ongoing race, Brian Brooks, former CEO of Binance...

19.11.2024

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Binance Warns of Fake Tokens Exploiting Its Name

Ex-Binance employee sues exchange after whistleblower bribery claim

Binance US Ex-CEO Brian Brooks Tops List for SEC Chair

Binance Unveils BFUSD: A High-Yield Asset For Futures Traders

Binance has announced the upcoming launch of BFUSD, a new reward-bearing margin asset designed specifically for Binance Futures users. Offering an impressive annual percentage yield (APY) of 19.55%, BFUSD allows users to earn daily rewards without the need for staking. Simply holding BFUSD in a UM Wallet will unlock these benefits, making it a game-changer in the world of crypto trading. Unlike stablecoins, BFUSD is a unique margin asset that combines high collateralization rates with flexibility, enabling users to use it as collateral for trading. Rewards will be generated through a combination of delta-hedging spot and futures positions to capture...

Giggle Academy’s X Account Hacked, Binance Founder Zhao Confirms

You are here: Home / News / Giggle Academy’s X Account Hacked, Binance Founder Zhao Confirms Key Insights: Binance founder CZ addresses security breach of Giggle Academy’s X account, cautions followers against phishing attempts and misinformation. Efforts are underway to secure the hacked X account and restore integrity to their educational platform. The hack at Giggle Academy underscores ongoing cybersecurity challenges in digital education, emphasizing the need for robust security measures. Giggle Academy, a start-up by Binance founder Changpeng ‘CZ’ Zhao, has experienced a security breach on its X account. The hack has led to the spread of misleading information...

FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance?

FTX’s bankruptcy estate filed a lawsuit against Binance and its former CEO, Changpeng Zhao, on November 10, 2024, seeking to recover $1.76 billion. The lawsuit alleges that these funds were fraudulently transferred to Binance as part of a 2021 share repurchase deal. The lawsuit highlights severe allegations of financial misconduct, business rivalries, and actions that may have contributed to FTX’s collapse and subsequent bankruptcy. Binance logo displayed on a phone screen Photo taken in Krakow, Poland on December 15, 2022. (Photo ... [+] by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images The Core Allegations At the heart of...

Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally

Bitcoin has continued its bullish momentum streak, reaching a new all-time high on November 13 and triggering a wave of activity across the crypto market. In particular, the futures market has been significantly impacted, with a surge in trading volume for the BTC/USDT pair. This increase has highlighted an intense period of market engagement, with leading exchanges, particularly Binance, at the forefront of this trading frenzy. Record Trading Volumes And Market Volatility Risks A CryptoQuant analyst known as Crazzyblockk shared insights into the trading frenzy phenomenon, noting that the futures market for Bitcoin has become “exceptionally overheated.” According to the...

ETH Surges 30% Amid Whale Activity and BNB Hit by $1.8 Billion Lawsuit! Meanwhile, This New Crypto Offers 1079.25% Potential ROI

You are here: Home / News / ETH Surges 30% Amid Whale Activity and BNB Hit by $1.8 Billion Lawsuit! Meanwhile, This New Crypto Offers 1079.25% Potential ROI Navigating the crypto market means knowing which coins hold potential, offer unique benefits, and fuel that sense of “don’t-miss-this” excitement. Ethereum, Binance, and Qubetics have all sparked interest lately—but it’s Qubetics ($TICS) that’s making waves by filling a feature gap. With a carefully crafted virtual card capability, Qubetics Wallet is redefining how digital assets are managed and spent. This innovation opens doors to effortless and secure online transactions directly from within the...

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back the stake, amounting to $1.76bn in FTT, BNB, and BUSD The transfer was done by Alameda Research, which was insolvent at the time and couldn’t afford the transaction FTX has filed a lawsuit against Binance and its co-founder and former CEO Changpeng “CZ” Zhao to reclaim $1.76 billion over an alleged fraudulent transfer. A filing from November 10 stated that Sam Bankman-Fried, FTX’s co-founder, fraudulently transferred “at least $1.76 billion”...

BINANCE COIN PRICE ANALYSIS & PREDICTION (November 14) – BNB Bounces This Critical Zone After A Retest, Bigger Moves Ahead

Following the current drop across the crypto space, BNB bounced back from a critical trading zone after initiating a small pullback yesterday. It looks weak in the past hours but is now bullish again. Last week’s trading was interesting for BNB, as it resumed bullish impulsive movement after undergoing a small retracement phase. During that period, BNB posted major gains and successfully broke out of a critical resistance zone (marked orange) after several failed attempts to scale through in the past months. It tested $667 yesterday but was unable to advance higher due to a rejection. Unfortunately for the bulls,...