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Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe


Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments


The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...

Crypto Startup Arkham Faces Backlash for Doxxing Users and Privacy Breach


Blockchain analysis platform Arkham has found itself in hot water after it was revealed that the company had leaked its own customers' private information.  The issue stems from Arkham's weblink referral program, where users can invite others onto the platform by sharing their unique referral...

Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’


On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...

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