Reuters

Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.

1 mars 2023

Finance

The U.S. payment giant denies a Reuters report it is looking to slow down partnerships with crypto companies.

Par Helene Braun28 févr. 2023

Reuters reports that candidate Bola Tinubu is currently in the lead for Nigeria's presidential election, but opposition parties are flagging concerns of fraud. This comes as the New York Times reports that fights have broken out at banks in the past week as the country faces cash shortages. Afropolitan Co-founder Eche Emole discusses the state of economic uncertainty in Nigeria, how the election could impact bitcoin adoption and the use cases of crypto as a tool for financial freedom. 

27 févr. 2023

Crypto exchange Binance moved around $400 million in funds from Binance US's Silvergate Bank account to a trading firm called Merit Peak, according to a Reuters report. Plus, CleanSpark took advantage of the distressed state of the crypto mining industry to buy 20,000 new rigs at below-market rates, according to a Thursday press release.

16 févr. 2023

Reuters reported Tuesday that Ishan Wahi, former product manager at crypto exchange Coinbase (COIN), has agreed to plead guilty to insider trading charges. "The Hash" panel discusses the latest revelations from the first cryptocurrency insider-trading case and how this might shape future regulation. 

7 févr. 2023

Binance, the world's largest crypto exchange by trading volume, processed $345.8 million worth of bitcoin (BTC) transactions for crypto exchange Bitzlato, Reuters reported Tuesday, citing data by blockchain research firm Chainalysis. "The Hash" panel discusses the latest developments after Bitzlato's founder was recently arrested in Miami.

24 janv. 2023

U.S. prosecutors are considering criminal charges against crypto exchange Binance and individual executives, including founder and CEO Changpeng Zhao, Reuters reports. Do Kwon, wanted internationally in connection with Terra's collapse, has moved to Serbia through Dubai, according to CoinDesk Korea. And Bloomberg reports that at least $73 million of political donations tied to Sam Bankman-Fried’s FTX may be at risk of being clawed back.

12 déc. 2022

Reuters reports that some U.S. prosecutors are considering charging crypto exchange Binance and its executives for possible money laundering and sanctions violations. Binance tweeted in response to the article, "Reuters has it wrong again." Meanwhile, FTX co-founder Sam Bankman-Fried is set to speak before lawmakers this week. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.

12 déc. 2022

According to Reuters, Sam Bankman-Fried has retained high-profile defense attorney Mark Cohen, citing confirmation from Bankman-Fried's spokesperson Mark Botnick. A partner at Cohen & Gresser, Mark Cohen is a former federal prosecutor and recently represented Ghislaine Maxwell in her sex trafficking trial. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss the latest developments.

7 déc. 2022

Investment banking giant Goldman Sachs (GS) is looking to spend tens of millions of dollars on crypto firms whose valuations have been hit after the implosion of FTX, Reuters reported Tuesday. Senators Elizabeth Warren (D-Mass.), John Kennedy (R-La.) and Roger Marshall (R-Kan.) asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research.

6 déc. 2022