Policy
Circle Allegedly Warned NYDFS That Binance Wasn’t Properly Backing Tokens
Circle, best known as the issuer of USDC, reportedly triggered the investigation of Paxos by filing a BUSD-related complaint in late 2022.
Total Stories
124
News
Binance
Section
Binance
Market Analysis
Binance Moved US Affiliate’s $400M Via Secret Access to Silvergate Account
Binance reportedly had secret access to Binance.US’ Silvergate account as recently as 2021.
Policy
BUSD Issuer Ordered to Stop Minting New Tokens: Report
New York financial regulator has ordered Paxos to stop issuing the dollar-pegged BUSD.
Crypto
Binance Improves Proof-of-Reserves System With Zero Knowledge Verification Method
Binance implements a zero-knowledge verification method to its PoR system.
Crypto
Binance Buys Stake in GOPAX Exchange, Using its $1B Recovery Fund
Binance bought a controlling stake in troubled S. Korean crypto exchange GOPAX.
FinTech
Binance and Mastercard to Launch Prepaid Card in Brazil: Report
Brazil becomes the second country in Latin America to receive Binance Card.
Market Analysis
COIN Rallied 48% Since 2023 Began, Outlook for the Rest of the Year?
Leaving behind deflated bubble, Coinbase enters 2023 with a leaner workforce and a Bitcoin rally.
Crypto
Binance Addresses Reported Failure to Properly Back BUSD
After it was reported that BUSD was undercollateralized by as much as $1 billion in the past, Binance offered its explanation for the previous discrepancies—and detailed…
Market Analysis
Binance in Final Stages of Acquiring One of South Korea’s Largest Exchanges
Reportedly, Binance is close to re-entering the South Korean market by purchasing a 41.2 stake in one of the country’s top five exchanges.
Crypto
SEC Classifies FTT as a Security, Could Binance’s BNB Be Next?
The SEC has argued that FTX's native token FTT is a security, leading to speculations about other CEX tokens like Binance's BNB.
Market Analysis
Binance US to Acquire Voyager’s Assets in $1B Agreement
Binance US will acquire the assets of bankrupt crypto firm Voyager Digital.
Crypto
Tokocrypto’s Native Token Surges 40% on Rumored Binance Acquisition
CZ tweeted Binance has injected more cash into Tokocrypto and increased its stake in the Indonesian crypto exchange.
Policy
Binance Pauses USDC Withdrawals as Outflows Surge to $2B in 2 Days
Binance has temporarily halted USDC withdrawals as it carries out "a token swap," the exchange said Tuesday. Binance saw massive USDC withdrawals a day earlier due…