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Binance disputed a report that the departures were linked to the CEO's handling of a federal probe. Binance executives exit as crypto exchange faces legal pressure [Video] Skip to main content
PARIS (Reuters) -French investigators said on Tuesday they had opened a judicial probe into money laundering, tax fraud and other charges at Binance, the world's largest cryptocurrency exchange ...
The USD value of the collateral at any given time divided by the amount of DAI borrowed is the loan's "collateralization ratio"; this is calculated using the USD price of a unit of the collateral asset as reported regularly to a contract by a set of decentralized oracles. Each loan type has a fixed minimum collateralization ratio, which is ...
In April 2019, Binance launched Binance Smart Chain, which has smart contract functionality and is an Ethereum competitor. In February 2018, Forbes placed him third on their list of "The Richest People In Cryptocurrency," with an estimated net worth of $1.1-2 billion. [14] [16] In 2019, Zhao launched Binance's U.S. affiliate, Binance.US. [17]
Tornado Cash (also stylized as TornadoCash) is an open source, non-custodial, fully decentralized cryptocurrency tumbler that runs on Ethereum Virtual Machine-compatible networks. It offers a service that mixes potentially identifiable or "tainted" cryptocurrency funds with others, so as to obscure the trail back to the fund's original source.
SEATTLE (Reuters) -Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. money-laundering laws at the ...
ConstitutionDAO was a decentralized autonomous organization (DAO) formed in November 2021 to purchase an original copy of the United States Constitution. [1] The group raised $47 million in Ether cryptocurrency, but lost to a bid of $43.2 million in the Sotheby's auction. The organization was disbanded later that month. [2] [3]
Those with Mastercard-linked Binance Cards, which allow customers to use crypto from Binance accounts to make purchases in fiat, will no longer be able to use them beginning Sept. 22 in Argentina ...