Yugocean Binance

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Post CZ Binance is still popular

20 Jan 2024 1 minute read 4 comments Yugocean

     Binance's popularity has increased despite the heavy panelty it faced in the US and CZ's resignation.    Bankrupt firms moving assets to Binance       Different firms which are going through bankruptcy liquidation, are shifting their assets to...

Binance launchpool launches AltLayer

19 Jan 2024 1 minute read 0 comments Yugocean

     Binance has released Altair (ALT) on its Launchpool, $ALT is the native token of AltLayer .   What is AltLayer (ALT)?      AltLayer is a protocol for native and restacked rollups that promises to improve security, decentralisation, interoperab...

Justin Sun linked True USD stablecoin is in trouble

17 Jan 2024 1 minute read 3 comments Yugocean

    Justin Sun's True USD (TUSD) stablecoin is depegged, and is in troubled waters as it's market is drifting away.   Depeg Trouble       TUSD is defined as the first digital asset that is transparent and verifiable 1:1 backed with the United State...

Binance settles dispute with CFTC

20 Dec 2023 1 minute read 4 comments Yugocean

     Binance and CZ have reached a settlement with the CFTC, which has been approved by federal judge Manish Suresh Shah of the Northern District of Illinois.     A strict penalty      Binance will pay $2.7b under the settlement, this includes the r...

Binance on its journey without CZ

9 Dec 2023 1 minute read 109 comments Yugocean

     Binance has embarked on an untenable journey. The new CEO is not serious, and neither are the investors staying long. HODLing Is Down      An increasing number of investors left Binance following CZ's resignation. While investors still have fa...

Coinbase's grip on crypto market increases after CZ's resignation from Binance

30 Nov 2023 1 minute read 1 comment Yugocean

     Coinbase's CEO Brian Armstrong has stepped up efforts to establish Coinbase on the crypto market following CZ's resignation from Binance. US Crypto Market      Coinbase is a Nasdaq-listed company and will benefit from the closure of Binance in...

The crypto exchange after the collapse of CZ

27 Nov 2023 1 minute read 5 comments Yugocean

     Even though CZ is a skilled diplomat, he has fallen into trouble with US regulators. The situation on the crypto exchange post CZ is mixed. The Binance      Binance is trying to build its balance; the new CEO has taken charge. Withdrawals from...

Binance Drama in US

23 Nov 2023 1 minute read 4 comments Yugocean

     New turmoil has begun in the US and crypto worlds after CZ pleaded guilty to violating US laws. The Runaway Suspect       The punishment for CZ will be announced this Wednesday. Although a US court has allowed CZ to return to the UAE on condit...

US Fucks Binance

22 Nov 2023 1 minute read 15 comments Yugocean

     The US government has explained to the crypto world the use of the long arm of its law by stopping the game of the biggest player in the crypto market. Binance's US market ends, and economic problems begin      The US Department of Justice has...

Will the DOJ force Binance to compromise by pressuring Tether?

21 Nov 2023 1 minute read 3 comments Yugocean

     Department of Justice (DoJ)'s relationship with CZ and Binance US isn't sweet; now, after using Tether, DoJ may put pressure on Binance with its help. DoJ's screws on Tether      Tether is the largest stablecoin creator in the world, and Tether...