• Binance sues Forbes
    Cryptocurrencies,  Media,  Regulation

    Binance sues Forbes, journalists over allegations of deceiving U.S. regulators

    The largest cryptocurrency exchange took issue with an article saying Binance.US was set up to enable it to avoid American anti-money-laundering laws

    The story in question, “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators,” claimed that Binance set up American crypto exchange Binance.US as a way to “intentionally deceive regulators and surreptitiously profit from crypto investors in the United States.”

  • Binance buys CoinMarketCap
    Commentary,  Cryptocurrencies

    Binance buys CoinMarketCap, raising skepticism and doubts

    From an eyewatering reported price tag of $400 million to concerns about whether the crypto ratings site can maintain its neutrality, Changpeng ‘CZ’ Zhao’s latest purchase is raising eyebrows

    Binance CEO Changpeng "CZ" Zhao reportedly spent as much as $400 million on CoinMarketCap. If true, that’s a princely—if not laughable—sum, especially during a market crash of such historic proportions that investments and acquisitions in nearly every industry have dried up.

  • Chairman Mao sees you illegally trading cryptocurrency (via David Dennis, CC-BY-SA 2.0)
    Bitcoin,  Regulation

    Was China’s digital yuan behind Binance’s Shanghai office closing?

    The November closure of a Shanghai office connected to a major crypto exchange may have presaged a broader crackdown as China prepares to launch a virtual currency

    The high-profile closing of a Shanghai office used by the Binance exchange in late November appears to have been an early example of China’s latest crackdown on cryptocurrency trading.

  • It's not friendly competition between The Block's Mike Dudas (left) and Cointelegraph's Jay Cassano (via The Block and Cointelegraph).
    Media

    Exclusive: Inside the fight The Block’s Mike Dudas picked with Cointelegraph

    Allegations of “pay-to-play” cryptocurrency journalism downgraded to ad sales shenanigans.

    The feud-prone founder of cryptocurrency media site The Block has backed down from allegations that one of the largest news portals in the industry is guilty of “pay-to-play” journalism. In a Dec. 4 Twitter post, Mike Dudas called a newly announced partnership between Cointelegraph and a client “shady as hell.”