Binance will end support for BUSD stablecoin in December
Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Go to Source
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Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. Go to Source
Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21. Go to Source
X restricts Changpeng Zhao’s account after name change removes ‘Binance’
The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. Go to Source
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion. Go to Source
Crypto markets mixed as traders digest DOJ action against Binance, CZ
Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance. Go to Source
Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July. Go to Source
Bittrex Global announces all trading will be disabled as it winds down operations
The announcement came roughly nine months after U.S.-based crypto exchange Bittrex said it would shutter operations in response to the country’s regulatory environment. Go to Source
Political donations aplenty: Event recap for North American Blockchain Summit
Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023. Go to Source
Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator
NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for crypto users. Go to Source
