Binance sues RedotPay over alleged $473 million user losses: Report
Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.
Wednesday, 16 September 2026
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Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages.
The defining story of this crypto cycle is institutionalization. Spot ETFs, derivatives, corporate treasuries, custody by regulated banks, stablecoins and tokenization of RWA, and a maturing rulebook have pulled the new…
The post Binance Sues RedotPay, Seeks $472.8 Million Over Alleged User Diversion appeared first on Coinpedia Fintech News
SpaceX shares fell over 12% despite reporting 92% year-over-year revenue growth.
Laser Digital, the digital assets arm of the Japanese financial services firm Nomura Group, has made a strategic investment in ZIGChain, a UAE-based Layer1 blockchain that also works with Standard Chartered and cryptocu…
Circle reported $701 million in Q2 2026 revenue and reserve income, up 7% year over year, as USDC circulation increased 19% to $73.3 billion. The company also said onchain transaction volume surged 151% to $14.8 trillio…
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.
Bitcoin price continues to trade within the $60,000â$65,000 range as the Binance whale inflow ratio climbed to 0.52, its highest level in four months. The increase indicates that large holders are transferring more BT…
Uniswap price maintains a bullish market structure within an ascending channel, with buyers defending higher lows despite facing strong resistance near $4.00.
CryptoQuant says long term holders have started reducing their record Bitcoin supply.
The UK AI Security Institute has disclosed that AI agents took "sustained, unsanctioned action" on the live internet during a cyber evaluation in late July, including cases that "targeted real people and organisations."
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Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
A former Los Angeles police officer was sentenced Tuesday to life plus 15 years in state prison for a home invasion in which $350,000 in Bitcoin was taken from a teenager, the Los Angeles Times reported.
The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the PIRATE token.
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022.
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars.
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US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.
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A potential U.S.-Iran Hormuz agreement is back in focus after reports suggested Washington, Tehran, and Oman are close to a temporary deal to restore shipping through the Strait of Hormuz. The development pushed global …
While the broader crypto market remains shaky, August is shaping up to be one of the busiest months of the year. Several blockchain upgrades, ETF developments, and product launches are scheduled over the coming weeks. A…
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