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Binance
Aspiring Crypto Bank’s Plight Shows Binance’s Issues Are Just Part of the Story
Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.
Crypto Derivative Volumes Saw Speedy Growth as Prices Rose in January
The numbers suggest speculation, not accumulation, was behind sizable gains for bitcoin and ether, according to a report.
Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans.
Binance APAC Head Suggests Full Audit of the Crypto Exchange Isn't Happening Soon: Bloomberg
Finding an auditor for the whole balance sheet is difficult given the complexities of auditing crypto assets due to challenges like price volatility.
WazirX Refutes Binance Allegations, Plans To Seek Recourse
Indian cryptocurrency exchange WazirX has said, "allegations made by Binance in their blog are false and unsubstantiated," and is taking the necessary steps to seek recourse and protect its legal rights, according to its blog post published on Tuesday. "The Hash" panel discusses the latest developments in an ongoing public spat between Binance and WazirX.
WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse
Binance had given WazirX an ultimatum to retract what it called false public statements or stop using Binance's wallets.
Binance to Pause US Dollar Bank Transfers This Week; Genesis, DCG Reach Initial Agreement With Main Creditors: Source
Crypto exchange Binance is temporarily suspending U.S. dollar bank transfers starting on Wednesday. Binance's U.S. division, Binance.US, is not affected by the suspension, according to a tweet from Binance.US Customer Support. Separately, crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the firm’s main creditors, according to a CoinDesk source. DCG is also the parent company of CoinDesk.
Crypto Exchange Binance to Suspend US Dollar Bank Transfers This Week
USD bank transfers comprise only a tiny bit of monthly active users, the exchange said.
Crypto Exchange Binance Introduces Tool for Calculating Taxes on Transactions
The tool, initially available to users in Canada and France, supports reporting of up to 100,000 transactions.
