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Binance
Binance Reportedly Moved Funds From US Affiliate’s Silvergate Bank Account in 2021; CleanSpark Update
Crypto exchange Binance moved around $400 million in funds from Binance US's Silvergate Bank account to a trading firm called Merit Peak, according to a Reuters report. Plus, CleanSpark took advantage of the distressed state of the crypto mining industry to buy 20,000 new rigs at below-market rates, according to a Thursday press release.
Binance Moved Funds From US Affiliate's Silvergate Bank Account in 2021: Reuters
Binance moved $400 million from Binance US's bank account, the report said.
TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is.
Binance Prepared to Pay Fines From US Regulators To Settle ‘Past Conduct’: WSJ
As U.S. regulators continue to sniff around Binance, the world’s largest crypto exchange is prepared to pay monetary penalties to “make amends” for past regulatory violations, according to The Wall Street Journal. The world’s largest crypto exchange has been under extra scrutiny since the collapse of rival exchange FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for Binance and crypto regulation at large.
BUSD Drama Sets Stage for Stablecoin Market Reshuffling
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets.
Only 31% of Staked Ether May Be Profitable: Binance Research
Around 2 million ETH were staked when prices were in the range of $400 to $600. These stakers are some of the strongest Ethereum believers, according to Binance Research.
First Mover Americas: Bitcoin Soars to Highest Level Since August
The latest price moves in crypto markets in context for Feb. 16, 2023.
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
The world’s largest crypto exchange has been under extra scrutiny since the collapse of rival exchange FTX.
Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
