Showing 1 - 10 of 27
Crypto here to stay
Nuntawun Polkuamdee, Published on 19/08/2024
» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
Binance founder gets 4 months in US prison
Published on 01/05/2024
» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
US seeks to jail Binance founder
Published on 24/04/2024
» NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday.
Bitcoin surges to $50,000 for first time since 2021
Bloomberg News, Published on 13/02/2024
» BOSTON - Bitcoin hovered around US$50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the industry's viability.
Binance to pay billions in US in money laundering case, CEO resigns
AFP, Published on 22/11/2023
» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
Binance to open Thai crypto exchange with billionaire Sarath
Bloomberg News, Published on 16/11/2023
» Binance is preparing to open a crypto exchange in Thailand early next year after winning licences from the Securities and Exchange Commission.
Binance halts trading in US dollars
New York Times, Published on 09/06/2023
» NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.
US steps up crypto crackdown with Coinbase suit
AFP, Published on 07/06/2023
» NEW YORK: In their second major action against a big crypto player in two days, United States regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk.