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Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
27.2.2023
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued...
Texas objects to Voyager-Binance.US deal, court filing shows
26.2.2023
Texas claims that Binance.US's terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
26.2.2023
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis shows. It also...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
25.2.2023
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with...
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...
Crypto Lobbying Needs a Reset: More FTC, less SEC
24.2.2023
Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry. How, critics rightfully asked, can...
Price analysis 2/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
24.2.2023
Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action
Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users
24.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...
Bitcoin Futures on CME Outpace Those on Binance to Trade at Widest Premium Since November 2021
24.2.2023
The CME now accounts for a majority of activity in the standard futures market tied to bitcoin, one observer said, while explaining a relatively higher premium in futures listed on the Chicago-based exchange
Binance Looking to Hire Developers, Support Staff in Romania
24.2.2023
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency...
US Drug Enforcement Agency Seized $1.8M From Binance in 2022
24.2.2023
Binance and the Drug Enforcement Agency disrupted a pipeline that moved cash generated from selling narcotics in Michigan to Mexico via stablecoins
Aussie regulators review Binance Australia Derivatives over account closures
24.2.2023
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company
Australian Markets Regulator is Reviewing Binance Australia's Derivatives Services
24.2.2023
Australian markets regulator is conducting a targeted review of Binance Australia's local derivatives services a day after Binance said it had incorrectly tagged 500 Australian users as "wholesale investors," resulting in their derivative positions being unceremoniously closed
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
23.2.2023
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function...
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
23.2.2023
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the exploit last week
First Mover Americas: Cathie Wood Doubles Down on Coinbase
23.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Closed Derivative Positions of Some Australian Users, Will Compensate Them for Losses
23.2.2023
Binance's futures trading products were offered to only licensed participants in the region
Binance Australia Derivatives reportedly closes accounts and positions for some users
23.2.2023
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services
Binance, PoS Giant Ingenico Seal In-store Crypto Pay Deal
23.2.2023
The crypto exchange Binance and the French payments provider Ingenico have struck a deal that will let customers pay for goods and services in crypto.
Per an Ingenico press release and a report from France’s BFM-TR, the deal involves Binance’s payments arm – Binance Pay. The companies will begin...