Coinbase sees lukewarm demand for debt buyback, raises offer
The United States crypto exchange has increased its offer for discounted debt by 3%. Go to Source
Cryptocurrencies
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Binance limits withdrawals in Europe, cites payment processor issues
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Go to Source
Top UK university partners with AI startup to analyze crypto market
Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation. Go to Source
Kenya forms parliamentary committee to investigate Worldcoin
The controversial crypto project’s launch has been marred into controversy and it’s already facing investigations in nearly half a dozen countries. Go to Source
Ripple CTO clarifies on SEC appeal, spotlights case complexity
According to the CTO, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet reached a conclusion. Go to Source
China facing deflation may be bad news for Bitcoin
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. Go to Source
Elon Musk endorses pro-crypto presidential republican candidate
Musk’s statement, “He is a very promising candidate,” piqued curiosity about Ramaswamy’s candidacy and his stance on cryptocurrencies. Go to Source
Sam Bankman-Fried requests weekday freedom for legal defense work
Lawyers of SBF stated that their client faced difficulties in thoroughly reviewing the extensive document accumulation related to the case while confined to the detention center. Go to Source
Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined
The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit. Go to Source
Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
This week’s Crypto Biz explores Binance Connect shutdown, BitGo’s funding round, PayPal Crypto Hub, and other news. Go to Source