BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total valuation of $1.13 trillion. Among the leading digital currencies, Binance’s BNB token suffered significant losses, dropping by 9.
Read More...Binance sees no major withdrawals, but BNB could be in a frenzy
The SEC filed a lawsuit against crypto exchange Binance. While this didn’t impact withdrawals on the exchange, BNB’s press time state was in dire need of investor confidence.
Read More...Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in the United States District Court.
Read More...Binance Coin Price Analysis: Will $BNB Price Lose $250 Support Amid Recent Sell-off?
Binance Coin Price Analysis: On Monday 5th June, the BNB price witnessed a significant outflow, registering an intraday loss of 10%.This sudden downfall has more likely arisen with the lawsuit against Binance, the world’s largest cryptocurrency exchange, and its CEO, Changpeng “CZ” Zhao. By the press, the daily chart shows no buying pressure from the
Read More...BNB, CAKE Plummet Following SEC Crackdown on Binance
Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8% over a four-hour period.
Read More...About Half of Crypto Hacks and Exploits in May Targeted BNB Chain, According to DappRadar
New data reveals that 50% of all crypto hacks and exploits during the month of May targeted BNB Chain (BNB), the blockchain of Binance, the world’s largest crypto exchange platform.
Read More...SEC Lawsuit Against Binance Sends Bitcoin, Ethereum And BNB On A Roller Coaster Ride: Which One Will Prevail?
In the aftermath of the Securities and Exchange Commission’s (SEC) lawsuit against Binance and its founder Changpeng Zhao, the cryptocurrency market experienced a significant downturn, with Bitcoin (CRYPTO: BTC) recording a drop of approximately 4%, Ethereum (CRYPTO: ETH) declining by about 4.5%, and Binance’s token, BNB (CRYPTO: BNB), suffering an 8% dip within the first […]
Read More...BNB Drops Over 10% After Binance Was Sued By SEC
Binance’s BNB token has hit its lowest level since March 13 in the wake of news that the U.S. Securities and Exchange Commission had sued the crypto exchange.
Read More...SEC Accused Binance Of Unregistered Offerings of BNB & BUSD- Here’s a Look at SEC’s Charges
In a significant development that could send shockwaves through the cryptocurrency industry, Binance, one of the world’s leading cryptocurrency exchanges, has found itself in the crosshairs of the U.S. Securities and Exchange Commission (SEC).
Read More...