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Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that … Read more
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin market or the crypto exchange Binance. Go to Source Powered by WPeMatico
Texas claims that Binance.US’s terms of service and restructuring plan contain inadequate disclosures, and discriminate against Texas creditors. Go to Source Powered by WPeMatico
Numerous community members have confirmed that all their money has been paid out. However, the FTX investors watching from the rest of the world remain hopeful of a similar outcome. Go to Source Powered by WPeMatico
Coinbase says its staking product offerings are different than Kraken’s, which came under SEC scrutiny and resulted in a $30 million fine. Go to Source Powered by WPeMatico
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services. Go to Source Powered by WPeMatico
Some say “it takes money to make money,” but this isn’t true in crypto. Here’s a few free ways to start building a portfolio. Go to Source Powered by WPeMatico
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.” Go to Source Powered by WPeMatico
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list. Go to Source Powered by WPeMatico
A recent Binance report details the status of Ethereum staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. Go to Source Powered by WPeMatico