Binance, the world’s leading blockchain ecosystem and digital asset infrastructure provider, recently assisted the Royal Thai Police in two primary operations to dismantle criminal networks engaged in crypto scams. According to a Binance blog post, these significant enforcement actions, marked by the arrest of principal members and substantial asset seizures, underline Binance’s commitment to buttressing The post Binance assists Royal Thai Police in massive crypto scam crackdown, leading to recovery of over $270M appeared first on CryptoSlate.

A class action lawsuit was filed on Oct. 2 in California federal court accusing cryptocurrency exchange Binance and its CEO Changpeng Zhao (CZ) of unfair competition and manipulating the market to trigger the downfall of rival exchange FTX. The lawsuit was filed by an FTX user who lost assets when FTX collapsed and filed for The post Lawsuit accuses Binance and CEO of unfairly triggering collapse of competitor FTX appeared first on CryptoSlate.

Just before the criminal trial against Sam Bankman-Fried begins today, his defense team has filed several requests asking the judge to reconsider or clarify some of his recent rulings that limit what evidence and arguments they can present. In a letter dated Oct. 2, Bankman-Fried’s lawyers contested the judge’s decision to bar them from arguing that The post SBF Trial: Lawyers file last ditch requests to judge including barring Ukrainian testimony appeared first on CryptoSlate.

Days like today often flash headlines of massive liquidations, while the terms ‘spot’ and ‘futures’ mystify many. Let’s break down these complex terms and their significance in the crypto market. ELI5 (Explain Like I’m 5) Suppose you’re at a school fair. You see a toy you want, but you only have enough tickets to buy The post ELI5:50 Explaining crypto liquidations – The world of spot and futures crypto purchases appeared first on CryptoSlate.

Bitcoin’s value reached notable heights over the weekend, increasing 4% over the past 24 hours. It rose significantly to $28,200 on Oct. 2, marking its highest trading value since August, according to CryptoSlate data. This growth comes amidst persistent anticipation surrounding the future of spot Bitcoin exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission The post Bitcoin breaks 30 day high passing $28k as SEC considers future of spot Bitcoin ETFs appeared first on CryptoSlate.