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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
8.4.2023
The Arkansas Data Centers Act is moving now to the governor's office for approval. It grants crypto miners in the State the same rights as data centers
Binance.US unable to find bank partners in the United States: Report
8.4.2023
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner
Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined
7.4.2023
The top 100 DeFi tokens had a mixed week in terms of price action, with the total value locked in DeFi protocols maintaining above $50 billion
$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
7.4.2023
Bitcoin still lacks direction, traders agree, but both $25,000 and $30,000 remain as targets once conditions change
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
'Ludicrous' idea that Signature Bank's collapse was connected to crypto, says NYDFS head
5.4.2023
The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement ‘Operation Choke Point 2.0’
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000
5.4.2023
Bitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. Job openings in the U.S. fell below 10 million for the first time since 2021, which comes as employers began to reduce hiring efforts. Ethereum moved closer...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
SEC will conduct investor education events including 'cautious' approach to crypto
3.4.2023
The financial regulator said the theme for 2023's National Financial Capability Month was "investing for everyone," but seemed to associate crypto with scams and fraud
Bitcoin liquidity drops to 10-month low amid US bank run
3.4.2023
The banking crisis has impacted U.S.-based exchanges the most where traders have suffered due to increased price volatility
‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
3.4.2023
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini:...
Biggest Movers: Cardano Moves to 6-Week High, Climbing by Over 6% on Friday
31.3.2023
Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a...
US government plans to sell 41K Bitcoin connected to Silk Road
31.3.2023
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31
BUSD deposits and withdrawals via OCBS suspended on Binance.US
31.3.2023
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits
Terra co-founder Do Kwon's jail time in Montenegro will be harsh: Report
30.3.2023
Now in custody in Montenegro, Do Kwon could be facing "at least a year" behind bars as the country considers extradition requests, according to one criminal defense lawyer
Government requests for user data from Big Tech increased by 25%: data
30.3.2023
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world
Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
30.3.2023
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...
Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
29.3.2023
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017