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Another 2 Binance US Executives Leave Crypto Exchange, Report


Two more managers at Binance US are reportedly quitting amid another round of layoffs at the troubled cryptocurrency exchange. The departures come while Binance’s U.S. trading platform for digital assets is still under heightened regulatory pressure that has damaged its business. Binance US Legal...

Don’t miss the Coinshares report on Ethereum


Ethereum faces various market challenges, including deteriorating metrics on the Ethereum network, stagnant demand, and a drop in on-chain interest. The number of Ethereum addresses with at least $1,000 in ETH deposits has dropped to its lowest level in nearly six months. Despite these obstacles...

Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin


Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...

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