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The Latest Breaking News from Binance

What the regulators' move against Binance and Paxos means for crypto

The SEC and the state of New York just went after Binance's stablecoin and the firm that issues it.

Fortune

Binance stablecoin in peril as U.S. regulators force Paxos to stop issuing BUSD

Binance says that the market cap for BUSD will decrease over time.

Fortune

Stock Market Today: Stocks End Higher, Dow Up Over 350 Points, Ahead of Inflation Data

Stocks ended higher as Wall Street focuses on Tuesday's consumer-inflation data.

The Street

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Stocks Slightly Higher, Paxos, UFO Shot Down, Looming Meta Layoffs, Chiefs Win Super Bowl

Stocks are mixed following a bruising week, Paxos is ordered to stop mining new BUSD coins, Meta is reportedly planning more layoffs, the U.S. shoots down another UFO and the Kansas City Chiefs win the Super Bowl.

The Street

Cryptocurrency exchange Kraken to shut down staking service for US users, pay $43 million in fines

The settlement marks the regulator's first crackdown on staking, a common service offered at both centralised and decentralised crypto exchanges, including most of the major exchanges such as Coinbase and Binance.

ABC News

‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX

How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire

Financial Times

Binance executive says balance sheet audit is ways off

After the fall of FTX, cryptocurrency exchanges have been pressured to show that their customers’ assets are secure.

Fortune

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Binance Has Some Bad News for Crypto Investors

The world's first cryptocurrency exchange no longer accepts dollar transfers to buy coins like Bitcoin.

The Street

Binance suspends bank transfers of U.S. dollars

The world’s biggest crypto exchange says only 0.01% of customers will be affected.

Fortune

Fortune and Mark Wahlberg's Unrealistic Ideas to produce SBF-CZ crypto documentary

The story of crypto's most fateful rivalry is coming to the screen with exclusive access to the CEO of FTX's biggest competitor.

Fortune

Adding Milk To Your Coffee May Be Good For You

Coffee beans are filled with the antioxidant, polyphenols, naturally occurring antioxidants, important for humans. The post Adding milk to your coffee may be good for you appeared first on Talker.

Zenger

My £6,000 fraud case could be solved, but the police won't even try

Fraud victim's dismay as Action Fraud say they are no leads - despite one clear line of enquiry

Daily Mirror

The banking industry is turning its back on crypto, adding insult to injury for the reeling sector

Signature is the latest crypto bank to pull back its services.

Fortune

Bankman-Fried Said He Had $100,000 Left. Government Seized $700 Million.

Federal prosecutors have seized money from bank accounts and crypto assets belonging to the FTX founder.

The Street

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Fortune

Binance admits to further management issues with stablecoin assets

The world’s largest crypto exchange has come under scrutiny for lack of transparency with its wallet administration.

Zenger

Bitcoin Relief Rally Spurs Big Crypto Gains

After ending the previous year deep in the red, cryptocurrency prices are soaring again on the back of sudden buying

The Street

Matt Damon-Backed Crypto.com Cuts 20% of Jobs to Address FTX Damage

Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts.

The Street

Tom Brady Wins At Football, But Loses Big at Crypto

The NFL star had promoted Sam Bankman-Fried's cryptocurrency ambitions before its infamous collapse.

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The Guardian - US

Sam Bankman-Fried claims ‘I didn’t steal funds’ in first response to FTX case

Disgraced cryptocurrency boss says FTX customers could get their money back in statement published on Substack

Investors Business Daily

Bitcoin Spikes To $19,800 Price After FTX Asset Recovery

Bitcoin price jumped to a one-month high after FTX lawyers announced they recovered $5 billion in liquid assets.

The Street

Binance Announces Big Staffing Plans as Rivals Falter

Binance swims against the tide of red ink in the crypto sector with plans to increase the number of staff by between 15% and 30%.

France 24

UK ambulance workers strike as government weighs restrictions

Some 20,000 paramedics, ambulance drivers and support staff have gone on strike in England and Wales as a standoff over pay deepens. Unions are calling for better wages to deal with double-digit inflation. PM Rishi Sunak, meanwhile, is defending his government's plans to enforce minimum service levels in certain sectors,…

Zenger

Creator Of Mutant Ape Planet NFT Aurelien Michel Arrested

Mutant Planet Ape (MAP) NFT creator Aurelien Michel was arrested for defrauding investors of $2.9 million in crypto currency.

Tribune News Service

After a year of collapses, cryptocurrency’s future in the balance

WASHINGTON — Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.

Roll Call

After a year of collapses, cryptocurrency’s future in the balance - Roll Call

The cryptocurrency industry's failures in 2023 could mean its demise or a chance to regroup and build on its cultural reach.

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