Binance to cease BUSD lending services by October 25
Binance is carrying out a phased termination of BUSD-related services. BUSD withdrawals via various blockchain networks were suspended last month. Binance is currently locked in...
As trial begins, Sam Bankman-Fried’s lawyers push to exclude testimony from FTX users
The criminal trial of former FTX CEO Sam “SBF” Bankman-Fried is currently underway in New York, and his legal team has filed motions aiming to ban...
Kazakh crypto miners plead with president to cut energy prices
Local crypto-mining operators in Kazakhstan — the world’s third-largest market in terms of Bitcoin mining hash rate — are complaining about high energy prices to...
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a...
Singapore awards major payment institution license to Sygnum Bank subsidiary
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.On Oct....
Embattled crypto lender Celsius wants to start repaying customers by year-end
Key takeaways Celsius seeks to start repaying customers soon Embattled crypto lender Celsius Network is seeking court approval to start repaying its customers by the...
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to United States...
Celsius seeks court approval to start repaying customers by year-end
Embattled crypto lender Celsius Network has told a judge it plans to start paying back its customers by year’s end, amid an Oct. 2 hearing...
Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins
Key takeaways The cryptocurrency market has underperformed over the last few hours, but that hasn’t halted investors’ interest in several crypto projects. Shiba Memu’s presale...
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A class-action suit was filed against Binance.US and Binance CEO Changpeng Zhao on Oct. 2 in the District Court of Northern California alleging various violations...