Binance Offers $5M Bounty to Expose Fake Listing Agents

Published at 2025-12-17 13:00:44

Binance has introduced a whistleblower program that rewards up to $5 million for tips exposing fake or fraudulent third‑party “listing agents.” The initiative is described as part of a broader crackdown on actors that allegedly misrepresent projects to secure token listings or otherwise manipulate the listing process. This matters because third‑party listing intermediaries have been linked to scams and market confusion, undermining investor confidence and increasing regulatory scrutiny on exchanges. By offering a large bounty, Binance appears to be trying to deter bad actors, shore up compliance, and reduce reputational and legal risks for both the exchange and projects seeking listings. The program may prompt more disclosures and reshape how listing intermediaries operate across the industry.

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Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

CoinbaseBrian ArmstrongCLARITYCommunity BanksRegulationUS Politics

Published at 2026-01-18 00:15:08

Georgia Orders Shutdown of Unlicensed Crypto ATMs

State authorities ordered Virtual Assets LLC to cease operations after the firm failed to demonstrate it was an authorized money transmitter. The action removes access to the company’s ATM network while regulators assess compliance.

Crypto ATMsRegulationVirtual Assets LLCGeorgiaCompliance

Published at 2026-01-17 21:45:06

Defiance Closes Ethereum ETF After Only Four Months

Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

ETFCryptoMarketsEthereumDefiance

Published at 2026-01-17 18:15:09

Fed to Inject $55B in T-Bill Purchases, Boosting Crypto Market Optimism

The Federal Reserve will buy $55 billion in Treasury bills as it resumes expanding its balance sheet, fueling hopes that added liquidity could support a crypto market rally. Traders and analysts say the move may ease financial conditions and lift risk assets, including Bitcoin and Ethereum.

CryptoMarketsTreasury BillsFedLiquidity

Published at 2026-01-17 17:15:05

Texas, New Hampshire Lead U.S. Race to Put Bitcoin on State Balance Sheets

Texas and New Hampshire are among a growing number of U.S. states moving to add Bitcoin (BTC) to their balance sheets as Congress advances a federal crypto market structure bill. The actions signal rising state-level appetite for digital-asset exposure and could shape wider treasury practices.