Invest ideasNews
11 Mar 2026, 15:00
Binance Strikes Back: Why It Is Taking The Wall Street Journal To Court
Binance has filed a defamation lawsuit against The Wall Street Journal (WSJ) over a “false and defamatory” article. Why Binance Filed Following a WSJ reporting published on February 23, Binance has announced on a blog post today that they have filed a lawsuit against them, claiming that the article contained “false and defamatory statements”. The complaint seeks “vindication” of Binance’s reputation and “accountability for the harm those statements have caused”, citing amongst these consequences “baseless and unnecessary inquiries into the company” by government officials, referring to Senator Richard Blumenthal (D-CT). Dugan Bliss, Binance’s Global Head of Litigation, assured in the blog post that Binance takes “immense pride” in their compliance program, reflected by the trust that more than 300 million users worldwide continue to place in the company. As stated by Bliss: We view this lawsuit as a necessary step to defend ourselves against misinformation, hold The Wall Street Journal accountable for prioritizing clicks over journalistic integrity, and address the significant reputational harm and business consequences that have resulted. Binance’s lawyers (Withers Bergman / Withersworldwide) sent a formal letter demanding immediate corrections, a full retraction, and removal of the WSJ piece. This clash follows Binance’s 2023 4.3 billion dollar U.S. settlement and guilty plea over anti‑money‑laundering and sanctions violations, still shaping the exchange’s monitorship today, which WSJ reportedly used as context to suggest ongoing compliance weaknesses. 🚨NEW: Just as the @WSJ reports the DOJ has begun investigating Iran’s use of @binance to evade sanctions, Binance has filed a defamation lawsuit against the publication in the Southern District of New York. Binance is seeking damages and legal fees and is demanding a jury… pic.twitter.com/XxjE8oxH1I — Eleanor Terrett (@EleanorTerrett) March 11, 2026 Related Reading: Bitcoin Reclaims $70,000 as Iran War Jitters Ease and Volatility Cools Inside The WSJ “Defamatory” Article The 23th February WSJ article accused of being “seriously misleading” by Binance reported that Binance investigators identified around $1 billion in crypto moving through the exchange to a network tied to Iranian entities and groups under U.S. sanctions. WSJ claimed that internal investigators uncovered large transfers from Binance clients to Iran‑linked groups (including Houthi‑aligned entities) in 2024–2025 and that some staff who pushed the issue were sidelined or removed, as covered by an article on our sister’s website Bitcoinist. “Measurable Results” Binance argues that WSJ ignored extensive rebuttals and cherry‑picked ex‑employee claims, pointing to “measurable improvement over time” based on internal data, such as a 97%+ reduction in exposure to sanctioned entities and expanded sanctions screening after the 2023 settlement or their support on the freezing and recovery of hundreds of million of dollars linked to illicit activity in 2025. They clarified that while the way public blockchains work means the risk cannot be reduced to zero, they are responsible in monitoring possible illegal activity: As we have noted before, public blockchains allow any party to send assets to an exchange deposit address without the exchange’s prior approval. That reality means risk cannot be reduced to absolute zero on any blockchain platform. Responsible operators focus on detection, investigation, mitigation, offboarding, and reporting, backed by ongoing monitoring and continuous improvement. Related Reading: Bitcoin Robbery: French Couple Held Hostage As Fake Cops Steal €900K in BTC What This Case Means For Crypto Reputational and legal risk could still shape Binance’s access to banking partners and certain jurisdictions, which in turn can affect liquidity, listing confidence, and perceived counterparty risk. The case may also influence how aggressively big media outlets cover crypto compliance going forward: if Binance wins or forces corrections, other projects might be quicker to push back on critical narratives, but if WSJ prevails, expect even sharper investigative focus on exchanges’ sanctions controls. Following Binance’s today’s blog post announcing the lawsuit, WSJ took down another report published today claiming the Department of Justice is investigating Iran’s use of Binance to evade sanctions. 🇺🇸 Department of Justice is investigating Iran’s use of Binance to evade sanctions. pic.twitter.com/zc03U1J5rs — Ted (@TedPillows) March 11, 2026 BTC’s price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview
11 Mar 2026, 15:00
Ethereum: $92.97mln whale withdrawal meets pressure – What breaks first?
Ethereum whale withdraws $92.97M from Kraken as liquidity clusters form above key resistance levels.
11 Mar 2026, 14:54
Hyperliquid trading volume jumps 24% as centralized exchanges see activity decline
Hyperliquid emerged as one of the growing exchanges in February. For the previous month, centralized markets saw an outflow of activity, affecting Binance with a 16% outflow of volumes. Hyperliquid accounted for some of the trading volume in February, while centralized exchanges slowed. Overall trading activity declined by 11.5%, with the biggest outflows on the spot market. Derivative activity contracted by only 0.7% in February, as volumes and open interest were already lowered following last October’s market crash. Hyperliquid expanded its activity by 24% Hyperliquid expanded its activity by 24%, extending a trend in which activity shifted to perpetual futures DEXs . For February, Hyperliquid was the top exchange by monthly growth, followed by Gate with 20% expansion, and Deribit with 16%, according to recent research . MEXC lost 43% of its derivative volume, while HTX and Bitget declined by 6%. For derivative trading, the expansion and shift to other markets offset the decline in previously hot venues. MEXC declined after a series of social media attacks. As Cryptopolitan reported , users claimed some of their funds were being held by the exchange, further fueling fear and distrust. Spot exchanges marked the most significant decline. Uniswap declined by 64%, HTX lost 37% of volumes, while Binance declined by 16%. Spot markets accounted for only a fraction of derivative trading, with a total of $830B compared with $3.38T for derivatives. The recent decline extended the five-month streak of lower CEX volumes, reflecting some of the worst consecutive months in the crypto market. The decline followed consecutive net declines in the BTC price, resulting in monthly losses in January and February for the first time in history. Trading shifted to Bitfinex, up 12.5%, OKX expanded its activity by 8.4%, and Coinbase added 5.1%. Coinbase also afforded a small BTC premium, signaling a tentative return of US-based buyers. Binance maintains the deepest market depth across most markets, serving as a signal for retail and whale activity. The exchange was still the leader, with over $341B in trading volume in February, down from over $400B in January. Coinbase came in second with $64B in trading volume in February, up from $61B in January. Web traffic to exchanges declined in February Web traffic to the top exchange sites contracted by 8.8% in February compared to January 2026. Activity increased on Upbit (+21%) and Bitfinex. HTX declined by 36%, while Crypto.com saw a 30% outflow of visitors. 20% fewer traders visited Kraken. The recent outflow follows weakened altcoin sentiment, as well as a shift to DeFi lending, stablecoin yield or holding, and prediction market activity. Some of the traffic shifted to prediction platforms, which took over some of the roles of centralized markets. While fees and on-chain usage remain robust, the current market shows a decline in enthusiasm among traders, who are seeking alternative markets and liquidity sources. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
11 Mar 2026, 14:41
Mastercard recruits 85 partners to new crypto program, including Circle, PayPal
More on Mastercard, Circle Internet Group, Inc., etc. PayPal: A Classic Value Trap Mastercard Incorporated (MA) Presents at Wolfe Research FinTech Forum Transcript Mastercard's Shift From Payments To Software Big banks in top losers; Circle Internet, Coinbase, SoFi among gainers - week's financials wrap CleanSpark continues to see highest short interest among crypto firms with over $2B market cap
11 Mar 2026, 14:41
Binance Sues Wall Street Journal Over Iran Crypto Allegations
Binance filed a defamation lawsuit against the Wall Street Journal over allegations involving Iran-linked transfers. The company denied halting internal investigations and highlighted ongoing compliance efforts. Continue Reading: Binance Sues Wall Street Journal Over Iran Crypto Allegations The post Binance Sues Wall Street Journal Over Iran Crypto Allegations appeared first on COINTURK NEWS .
11 Mar 2026, 14:35
'New Cardano' Midnight Achieves Listing on the World's Largest Crypto Exchange
Midnight (NIGHT) token, dubbed "new Cardano," kicks off Binance listing with 13% price rise and 1% supply airdrop.
