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Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC
15.4.2022
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization...
Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
18.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Helium Mounts Unicorne, DeFi & Metaverse ETFs, Crypto Executive Order + More News
SEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’
16.2.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing the U.S. arm of cryptocurrency exchange Binance over trading firms with links to Binance CEO Changpeng Zhao. SEC Chairman Gary Gensler emphasizes the need for “basic investor protection” in the crypto space....
Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
16.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Colorado to Accept Crypto for Taxes, Travel Rule & TRUST, Criminal Whales + More News
Former Binance US CEO Catherine Coley is still missing, and no one seems to be talking
20.1.2022
The former CEO of Binance.US hasn't been active on social media for 276 days, and no one seems to have reported seeing her for months
Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
17.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon & Reddit Co-Founder Go For Web 3.0, Career Moves + More News
Hacked AscendEX to Reimburse Users, Says 'Relatively Small Percentage' Impacted
13.12.2021
Crypto trading platform AscendEX, formerly known as BitMax, which was hacked for an estimated USD 78m worth of digital assets on Saturday, intends to "100%" reimburse all the affected users.
Updating users on the incident, the AscendEX team said that hackers compromised one of the exchange's...
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
26.11.2021
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption...
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
19.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'
16.11.2021
The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment....
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DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
12.11.2021
According to Chainalysis data the number of DEX’s doubled between Q1 2019 and Q3 2021, while the amount of CEX’s stayed around the same
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
5.11.2021
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans
Treasury plots stablecoin crackdown even as Tether’s dominance wanes
17.9.2021
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively
$100M funding round for Binance.us falls through on regulatory concerns
20.8.2021
Despite a failed $100 million funding round leading to the resignation of Binance.us CEO, Brian Brooks, the exchange still has its sights set on launching an IPO
British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen
14.8.2021
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global...
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...
Binance Is Hunting for a New CEO — Exchange’s US Venture ‘Looks at Potential IPO Route’
23.7.2021
Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment...
Paxos Standard Presents Assets Backing Its Stablecoins
23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...