Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.
The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao ...
Binance still carries the biggest share of CEX trading. Recently, the exchange reached the milestone of 240M registered users ...
Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...
FTX’s bankruptcy estate sued Binance, alleging a $1.8 billion fraudulent transfer related to Binance’s 2021 repurchase deal ...
FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...
BTC hits $93k, FTX sues Binance, BlackRock’s BTC ETF hits $40bn, investors withdraw appeal in Dogecoin lawsuit, and ‘Crypto ...
Binance will issue BFUSD, a dollar-denominated asset that will also serve as a high-yield token. Simply holding BFUSD may grant 19.55% yield.
Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried ...
FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back ...
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent ...
FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial ...