Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure.
Read MoreNFT Marketplace Blur Releases Native Token for Community Ownership
After a delay, the zero-fee marketplace has airdropped its highly-anticipated token to traders. The marketplace, which launched in October, aims to incentivize pro traders to transact on Blur.
Read MoreBillionaire George Soros’ Fund Dives Deeper on Crypto Bets
The fund purchased or added to positions in Marathon Digital, MicroStrategy and Silvergate Bank, according to an SEC filing.
Read MoreCoinkite’s New Bitcoin Hardware Wallet Looks Like BlackBerry, Takes AAA Batteries
The new Coldcard Q1 model aims to blend security and convenience – with a physical QWERTY keyboard recalling the look of a 2000’s-style waffle phone. It relies on a flashlight
Read MoreBinance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal
Read MoreHow the SEC Could Reshape Ethereum’s Staking Landscape for the Better
By shutting down Kraken’s staking service, the SEC could shift power over Ethereum toward solo stakers and decentralized alternatives.
Read MoreFirst Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
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Read MoreNFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments
MoonPay has a similar partnership in place with NFT marketplace LooksRare.
Read MoreBiden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Brainard has been leading the U.S Federal Reserve’s work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its
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