Binance Briefly Suspends USDC and USDT Solana Deposits
Binance has suspended deposits of Solana-based USDT and USDC, while OKX has delisted them.
Aadrika Sharma
Binance may acquire Genesis Loan Book
Changpeng Zhao (CZ), CEO of Binance, is considering the possibility of purchasing Genesis' loan book.
VanEck Settles with SEC for $1.75M Over BUZZ ETF Launch
Key takeaways: The Securities and Exchange Commission (SEC) announced that VanEck Associates Corp., a registered investment adviser, has agreed to pay a $1.75 million civil penalty to settle charges related to its failure to disclose a social media influencer’s involvement…
GoFundMe Terminates Tornado Cash Legal Fundraising
Key Takeaways: In a recent development, GoFundMe has halted a fundraising campaign aimed at supporting Roman Storm and Alexey Pertsev, the individuals behind the controversial cryptocurrency mixer, Tornado Cash. The campaign sought funds for their legal defense against charges of…
European Central Bank Advances Digital Euro For Better Privacy
Key takeaways: The European Central Bank (ECB) is making significant strides toward the introduction of the digital euro, poised to revolutionize financial transactions across the continent. With a focus on enhancing privacy and ensuring seamless payments, the ECB’s initiative has…
PlayDapp Crypto Gaming Platform Hit by Massive Exploit: Millions Worth of PLA Tokens Lost
Key takeaways: In a startling turn of events, PlayDapp, a leading crypto gaming platform, recently fell victim to a devastating exploit resulting in the loss of millions worth of PLA tokens, the platform’s native cryptocurrency powering its gaming ecosystem and…
U.S. Treasury Sounds Alarm on Crypto and Illicit Finance
Key Takeaways: A U.S. Treasury official is set to address House lawmakers on Wednesday about concerns regarding the use of cryptocurrencies in illicit finance. Brian Nelson, the Treasury’s Under Secretary for Terrorism and Financial Intelligence, will request enhanced authority to…
Changpeng Zhao’s Binance Sentencing Delayed Until April
Key Takeaways: The Seattle federal court has decided to extend the high-profile case involving Changpeng Zhao, CEO of the cryptocurrency exchange Binance. Originally scheduled for sentencing on February 23, Zhao’s criminal sentence has now been postponed to April 2024. Zhao…
FTX Offloads Digital Custody Inc. at 95% Markdown
Key takeaways: In the volatile realm of cryptocurrency, where fortunes are made and lost on the whims of market fluctuations, FTX finds itself navigating treacherous waters. Once a dominant force in the crypto exchange arena, FTX now faces the spectre…
Binance Retracts Crypto License Application in Germany
Key takeaways: In a surprising turn of events, Binance, one of the world’s leading cryptocurrency exchanges, has recently decided to retract its crypto license application in Germany. This decision has caught the attention of the global crypto community and raised…
