The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.
Headline
Month: March 2023
CZ denounces rumor ‘widely’ spread on China’s WeChat
A MetaMask security analyst said the rumor was the “2023 adaptation of attempted market manipulation.”
The crypto industry has ‘already started’ moving outside US, says Ripple CEO
Ripple’s CEO Brad Garlinghouse said the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole.
Monetary policy of cryptocurrencies, explained
Monetary policy for cryptocurrencies is a game-changer — with fixed supplies and decentralized control, they challenge traditional monetary policy tools.
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Following the temporary suspension from Ukraine’s central bank, crypto exchanges like Binance and Kuna made official announcements informing investors about the inconvenience.
‘Sorry for spreading a rumor,’ says podcaster on Lido’s FUD
David Hoffman apologized for spreading rumors about what he called a “Wells notice carpet bombing” targeting crypto firms.
Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report
The Securities and Exchange Commission chairman was approached by Binance in 2018 and 2019 while he was teaching at the Massachusetts Institute of Technology.
Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs.
Bitcoin leverage ramps up as BTC’s margin long-to-shorts ratio hits a record $2.5B high
BTC traders at Bitfinex and OKX are unwilling to use margin markets for bearish bets, creating an alarming imbalance that investors should pay close attention […]
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar.