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Binance Moved Funds From US Affiliate's Silvergate Bank Account in 2021: Reuters
16.2.2023
Crypto exchange
TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
16.2.2023
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
BUSD Drama Sets Stage for Stablecoin Market Reshuffle
16.2.2023
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets
Only 31% of Staked Ether May be Profitable: Binance Research
16.2.2023
Around 2 million ETH was staked when prices were in the range of $400-$600. These stakes are are some of the strongest Ethereum believers, according to Binance Research
First Mover Americas: Bitcoin Soars to Highest Level Since August
16.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance, Huobi Freeze $1.4m Worth of Crypto in ‘North Korea-linked’ Wallets
16.2.2023
The crypto exchanges Binance and Huobi have frozen “North Korea-linked” wallets containing “approximately $1.4 million in cryptoassets.”
Per a blog post from the blockchain analytics firm Elliptic and a report from MBC, the coins “originated from the June 2022 hack of Harmony’s Horizon Bridge.”...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
16.2.2023
Tether's USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin
Binance announces the full agenda for its Dubai Workshop
16.2.2023
Binance recently announced the line-up and guest list for its Dubai Workshop. Sponsored by Gala Games, the workshop will be divided into three parts. The event is scheduled for February 17, and Binance has extended invitations to local users. To enter the location and participate in the session...
Binance banking problems highlight a divide between crypto firms and banks
16.2.2023
With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks
Binance readies checkbook for potential fines from US regulators: Report
16.2.2023
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
16.2.2023
As U.S. regulators continue to sniff around Binance, the world’s largest crypto exchange is prepared to pay monetary penalties to “make amends” for past regulatory violations, according to The Wall Street Journal
Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...
Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
15.2.2023
Bitcoin and select altcoins have rebounded sharply off their support levels, a possible sign that traders are buying the recent dip in the market
The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good For Bitcoin
15.2.2023
FTX Cracks Down on Company Insiders: Subpoenas Issued to Sam Bankman-Fried, Caroline Ellison and Others – What's Going On?
15.2.2023
Insiders at the now-bankrupt crypto exchange FTX have been issued subpoenas to produce specific documents within the next day, court filings have revealed.
The requested documents include information about Binance’s takeover offer for FTX, an offer that Binance eventually withdrew. Other...
3 reasons why Binance's BNB token risks sliding further by March
15.2.2023
A slew of technical, fundamental, and on-chain indicators hint at more pain for BNB price in February
South Korea’s Second-Largest City Aims to Become a Crypto Hub
15.2.2023
South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups,...
Binance’s CZ says BUSD Funds in Paxos are #SAFU
15.2.2023
Changpeng Zhao, Binance CEO, recently announced that the exchange will still support BUSD. The statement was issued after New York regulators and the SEC ordered Paxos to restrict the stablecoin’s minting. The New York Department of Financial Services (NYDFS) told Paxos, the company that made...