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Binance
OKX Delists Terra's LUNA and UST Citing User Protection
Both OKX and Binance ended trading related to the Terra tokens after UST lost its dollar peg and LUNA slumped more than 99%, but Binance has since resumed trading in LUNA.
Terra's UST Stablecoin Falls as Low as 65 Cents Before Rebounding: What Went Wrong?
"Crypto Critics' Corner" Co-host Bennett Tomlin explains what might have gone wrong in the Terra Luna ecosystem leading to the TerraUSD (UST) stablecoin collapse. Tomlin explains the algorithmic stablecoin's dependence on the luna token and addresses the Luna Foundation Guard’s deployment of bitcoin reserves to rectify the price. Plus, a discussion on how centralized crypto exchanges like Binance are reacting to UST losing its peg to the U.S. dollar.
Binance Restarts LUNA and UST Withdrawals After Brief Suspension
LUNA token was down 52% on the day, while UST recovered slightly to $0.90 at the time of writing.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
‘Smart Money’ Wallets Accumulate GAL, Decrease APE Holdings: Nansen Data
PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.
Binance, Sequoia Back Elon Musk’s Twitter Takeover
According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.
Binance, Sequoia Among Investors Backing Musk's Takeover of Twitter
The crypto exchange commits $500 million to help fund the deal.
Binance Secures Regulatory Approval in France
Binance's registration allows it to custody digital assets and operate a trading platform in the country.
Crypto Funds Suffer Fourth Straight Week of Outflows as Bitcoin Stalls
Some $120 million flowed out of digital-asset funds in the week through April 29, according to CoinShares.
