BUSD Reserves Drops to Lowest Levels Since December 2021
According to recent revelations, BUSD reserves have dropped to levels last seen in December 2021 amid orders to Paxos to seize minting the stablecoin. Read CNL.
According to recent revelations, BUSD reserves have dropped to levels last seen in December 2021 amid orders to Paxos to seize minting the stablecoin. Read CNL.
Upbit, the biggest exchange in South Korea, made the announcement that the BTC/BLUR trading pair will be launching on February 16th. Read CNL for more.
The world’s largest crypto exchange has been under extra scrutiny since the collapse of rival exchange FTX. Read for more info.
The North Korean hacking group Lazarus Group tried several privacy mixers to anonymize the stolen funds but ultimately failed.
Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Read CNL for more info.
A stop order issued by American regulators against Paxos Trust Company has not deterred Binance from supporting its Binance USD stablecoin.
According to a report by the Wall Street Journal (WSJ), the U.S. SEC is considering filing charges against Paxos’s firm.
Cryptocurrency exchange Huobi has announced it will discontinue its Huobi Cloud Wallet due to product and strategic changes.
The SEC may target Coinbase’s staking program next following Kraken’s staking shutdown. Read CNL for more details.
Tiffany Fong, the journalist known for her interviews with Sam Bankman-Fried in the middle of the FTX collapse, believes he will be convicted.
Coinbase users burned over $4.7 billion worth of USDC in the last 24 hours after Kraken shut down its crypto staking program.
The US Congress has now demanded that SEC chief Gary Gensler hand over documents surrounding his talks with Sam Bankman-Fried and FTX.