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Binance plans new round of layoffs amid increased regulatory scrutiny
31.5.2023
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...
Binance Says 'Reevaluating' Roles After Report of Layoffs
31.5.2023
The firm will "focus on talent densite" ahead of the next bull market, a spokersperson told CoinDesk
Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
31.5.2023
As Binance Australia is facing a cut off from a key local on-ramp service, traders have been trading Bitcoin (BTC) and other cryptocurrencies at a discount on the platform. ...
Read More: Bitcoin Trading at Discount on Binance Australia Due to Upcoming Payment Cutoff – Here's What You Need to Know
Binance to delist privacy tokens in France, Italy, Spain and Poland
31.5.2023
Binance users in France, Italy, Poland and Spain will no longer be able to buy or sell 12 privacy tokens starting from June 26
Binance collaborates with CBF, launches Fanverse of Brasileirão Assaí
31.5.2023
The Brazilian Football Confederation, also known as CBF, has taken a step forward in the digital world. It has partnered with Binance to launch the Fanverse of Brasileirão Assaí. Fans can participate in the series of challenges to accumulate points and swap them for something wonderful...
US Regulator Issues Warning for Firms Providing Clearings Services for Crypto
30.5.2023
A US regulator warned firms on Tuesday of the risks that come with the clearing of digital assets.
The US Commodity Futures Trading Commission issued an advisory titled, “Review of Risks Associated with Expansion of DCO Clearing of Digital Assets.”
Derivatives clearing organizations, or DCOs...
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
30.5.2023
The exchange halted Australian dollar bank transfers early May
Binance considers allowing traders to secure collateral at banks: Report
30.5.2023
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
30.5.2023
Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin...
Binance in Talks To Let Traders Keep Collateral at a Bank: Bloomberg
30.5.2023
Binance, the world’s largest crypto exchange, is in the midst of discussing a proposal to let some of its institutional clients keep their trading collateral at a bank, instead of with the crypto platform, according to Bloomberg News. ...
Read More: Binance in Talks To Let Traders Keep Collateral...
Binance Readies Japan-Focused Crypto Platform, Set for Summer Launch
30.5.2023
Binance has begun the process of transitioning Japanese users of its international crypto exchange to a specialized local platform, the company confirmed in a blog post on Friday.
The separate exchange is designed to comply with local regulations that the international exchange cannot meet. ...
Wintermute moves over $4M in Optimism to Binance ahead of token unlock
30.5.2023
On-chain analytics platform Spot on Chain reported that Wintermute has already sold these tokens for $1.63 per OP
Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here's the Latest
30.5.2023
Major crypto exchange Binance reopened TORN deposits following the attack on the privacy-focused crypto mixer Tornado Cash DAO.
The exchange announced on Monday that it has resumed deposits for TORN via the Ethereum (ETH) network and Binance's own BNB Smart Chain.
TORN deposits on these...
Binance Crypto Exchange Appoints Richard Teng to Lead All Regional Markets Outside US
30.5.2023
The world’s largest crypto exchange, Binance, has appointed Richard Teng, a traditional finance (TradFi) veteran with strong regulatory experience, as its head of all regional markets outside of the US.
The appointment marks a quick ascension for Teng at Binance and comes after less than two years...
Bitcoin selling for $5K cheaper on Binance Australia as fiat ramp closes
30.5.2023
One Bitcoin can be bought for the equivalent of $22,000 on Binance Australia if paying with Australian dollars. The problem is getting it there
Buying a bank won't solve crypto's debanking issue: Binance CEO
30.5.2023
CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
29.5.2023
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...