Changpeng Zhao, founder of Binance, was sentenced to four months in prison in April 2024 over money laundering allegations. In 2025, he is campaigning for a pardon, citing concerns about the severity of the sentence and his safety.
The SEC has dismissed its civil enforcement actions against Binance, settling prior allegations of securities law violations. This move brings relief to the crypto exchange and its users, highlighting progress in regulatory clarity.
The cryptocurrency market is buzzing with significant events: Ethereum's market cap surpasses global giants, giant Bitcoin acquisitions reveal strong institutional interest, Aave sets DeFi records, and Binance launches a Trump-backed stablecoin. Discover these and more dynamic crypto updates.
Binance contributed to the creation of the World Liberty Financial stablecoin amid major Bitcoin milestones, including Satoshi Nakamoto overtaking Michael Dell in wealth, and record-breaking Bitcoin ETF performance. Discover how platforms like Bitlet.app enable crypto investing with flexible payment options.
Binance has completed its biggest quarterly burn, eliminating over $1 billion worth of BNB tokens. This move aims to reduce token supply and enhance scarcity, potentially impacting BNB's value positively. Platforms like Bitlet.app offer innovative ways to buy cryptocurrencies, including flexible installment plans that make investing more accessible.
Bitcoin and Ethereum prices dipped slightly, leading CoinDesk 20 lower, while Polygon's POL surged 15% following Binance's migration. Despite increased trading volume, Bitcoin and Ethereum ETFs saw negative flows. Meanwhile, Ethereum network activity remains strong with bullish outlooks. Spanish exchange Bit2Me secures Argentina license, expanding crypto services.
BlackRock is set to launch an Ethereum ETF, expanding its crypto ETF portfolio following Bitcoin's success. Ripple anticipates XRP ETF approval despite regulatory hurdles, while Binance's CEO faces legal consequences. Institutional investors continue accumulating Bitcoin, hinting at a potential new bullish trend. Discover more on Bitlet.app, offering innovative crypto installment services to invest easefully.