Binance Throws Weight Behind Shyft Network in ‘Travel Rule’ Standards Race

Binance, the world’s largest crypto exchange group, has chosen the Shyft Network to help address a looming regulatory requirement that firms must share users’ personal data when handling digital asset transactions. Barbados-based Shyft Network is one of an array of potential solutions to the Financial Action Task Force’s (FATF) “Travel Rule.” The name comes from […]

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Error or Plunder? Report Suggests FCoin Purposely Moved Customer Bitcoin Since 2019

Ever since FCoin fell insolvent this month, blockchain researchers have been poring over data to figure out what caused the failure and where all the China-based exchange’s cryptocurrency went.  A recent report from Silicon Valley-based Anchain AI wonders whether funds were pilfered by insiders, challenging FCoin’s official line claiming a data error was to blame. […]

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Crypto Exchange Binance Suspends Trading Over ‘Systems Messaging Error’

Binance, the world’s largest cryptocurrency exchange by trading volume, suspended trading on Wednesday, alerting users that the outage is due to “temporary system maintenance.”  The exchange has suspended deposits, withdrawals, spot trading, margin trading, person-to-person trading, lending, redemption and asset transfers from sub-accounts, margin accounts, futures accounts and wallets that hold government-issued or “fiat” currencies, […]

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Binance Undergoes ‘Maintenance’ – Will Crypto Prices Dump?

Binance just made an unexpected announcement. The most active cryptocurrency exchange is ‘undergoing temporary system maintenance,’ which normally doesn’t bode well for crypto prices.  Binance Maintenence Coincides with 60M Minted USDT Binance caught traders unaware once again today when all of a sudden it went down for “temporary system maintenance.” According to the Binance blog: […]

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