Binance tipped ‘VIP’ market-makers months before US legal settlement
Binance's U.S. lobbying spending didn't immunize itself from its legal woes, as more difficulties could arise following revelations that the exchange tipped off its VIP customers.
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Paxos ordered to cut ties with Binance, will stop minting BUSD stablecoin
Citing "unresolved issues" tied to its relationship with Binance, the NYDFS ordered Paxos to halt the minting of BUSD while users have until February 2024 to redeem their stablecoins.
Binance gets initial OK for Voyager deal, admits BUSD not always backed
Binance.US will assume control of $1 billion in digital assets frozen last July when Voyager filed for Chapter 11 protection.
Binance chats expose sham behind Binance.US ‘independence’
Wall Street Journal recently reported on internal communications that poke larger holes in Binance’s repeated assertions that the Binance.US exchange is an independent entity.
The ESG-washing of BTC Core: Hayek, Aristotle and Lauderdale’s paradox
Today, the only function of BTC is to create a scarce digital asset representing ‘spurious riches’ that can be traded in high-value financial transactions: to breed money from money.
Nouriel Roubini is right about BTC
Nouriel Roubini is right about BTC, Tether and the criminal cartels that pump the prices of BTC while laundering out real fiat profits through their exchange partners.
HEX Token Scam claims dog Richard Heart’s scheme
Concerns are growing over the fate of ETH investments in a crypto token project known as HEX.
Exchange-traded fund approval fails to light fire under utility-free BTC
The U.S. securities regulator has approved BTC ETFs, including Grayscale and Bitwise, despite concerns, although market reaction tepid as fee competition heats up and Coinbase/Gemini secure custody roles amid ongoing SEC lawsuits.
Coinbase surviving on USDC interest as YTD losses top $2 billion
The lone bright spot on Coinbase’s subscription and services chart was interest income, which shot up 213% to $101.8 million, thanks largely to the U.S. Federal Reserve hiking its lending rates.
Ripple bails out Fortress Trust after hackers steal customer assets
Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong roster of both crypto-native and new-to-crypto customers."
Dan Friedberg’s criminal role laid bare in FTX CEO’s report
John J. Ray III's second interim report indicates a solid reason to charge Friedberg over his alleged notorious history of covering up an insider cheating scandal, though doing so won't be easy.
Johns Hopkins Director conducts Digital Pilipinas organized workshop for health leaders
A pivotal step in addressing health concerns in the Philippines unfolded recently in a workshop with the Johns Hopkins Bloomberg School of Public Health Director for Adult Vaccination Lois Privor-Dumm.