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Binance, one of the world’s largest cryptocurrency exchanges, may be considering a full exit from the Russian market as it grapples with ongoing controversies. The Wall Street Journal reported on Aug. 28 that a Binance representative stated, “all options are on the table, including a full exit.” This development adds to the uncertainty surrounding the
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Binance, one of the largest cryptocurrency exchanges, recently made an announcement stating its decision to halt 39 liquidity mining pools due to their failure to pass the platform’s latest assessment. These pools will cease operation on September 1, 2023, as a result of their underperforming liquidity mining performance. Binance Liquid Swap periodically reviews listed liquidity
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Binance, one of the leading cryptocurrency exchanges in the world, recently faced criticism for its association with five Russian banks under sanctions. The Wall Street Journal (WSJ) raised concerns about potential sanctions violations, as Binance appeared to endorse these banks as transfer options for ruble fund transfers. With the US Justice Department investigating possible breaches,
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U.S. prosecutors have recently revealed an overwhelming amount of discovery documents in the ongoing case involving former FTX CEO Sam Bankman-Fried. This disclosure has raised concerns among Bankman-Fried’s legal team, who argue that the government’s actions are hindering their ability to adequately prepare for trial. The magnitude of the information provided and the lack of