Binance.US will delist Flexa’s AMP token on Aug. 15 after the U.S. Securities and Exchange Commission deemed the token a security. The exchange said it is carrying out this action “out of an abundance of caution.” We operate in a rapidly evolving industry, and our listing and delisting processes are designed to be responsive to market and…
Cryptocurrency trading volumes fell to their lowest point since 2020 at the end of June due to current market conditions, Bloomberg News reported. The report cited data from CryptoCompare to reveal that derivatives and spot trading volumes have fallen over 15% since May across crypto exchanges. Spot trading volume was down 28% on a monthly…
Layer-1 blockchain Solana (SOL) is faced with a class-action lawsuit in California filed by Mark Young, an investor in the token. According to the court filing, the Solana Foundation, Anatoly Yakovenko, Solana Labs, Multicoin Capital, and FalconX profited from the sale of an unregistered security. Mark Young had bought SOL between August and September 2021…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A group of investors has filed a class-action lawsuit against Binance.US and its CEO for allegedly failing to comply with federal and state securities laws. According to the filing, Binance.US falsely advertised UST, the algorithmic stablecoin tied to Terra’s LUNA, as…
With many institutions and firms joining the metaverse in recent times, the latest firm to join the growing list is the US arm of the leading crypto exchange in the world, Binance. Binace.US to get virtual office in the metaverse According to available information, Binance.US would be setting up in Portals, a metaverse project built…