Altcoins
Binance’s proof-of-reserves auditor suspends work for crypto firms
Mazars, the financial auditing firm behind Binance’s proof-of-reserves (PoR) audit, has suspended all work for crypto firms.
Zoltan Vardai
Lens
Binance
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Regulation
Binance “deliberately” caused FTX collapse, Kevin O’Leary claims
Kevin O’Leary Kevin O’Leary, chairman of venture capital firm O’Leary Ventures and star of TV’s Shark Tank, said in a congressional hearing on Wednesday that Binance Global Inc.’s chief executive and founder Changpeng Zhao deliberately caused the collapse of Bahamas-based cryptocurrency exchange FTX.com.
Lachlan Keller
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Altcoins
South Korean official says no confirmation Binance pulling out of Busan city crypto exchange project
An official in the South Korean city of Busan said the authorities have received no confirmation that Binance has pulled out of a partnership to establish the country's first city-backed crypto exchange, as reported by local media.
Danny Park
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Bitcoin News
Markets: Bitcoin, Ether strengthen; Solana leads gains in most top 10 cryptos
Bitcoin and Ether increased in Asian trading on Wednesday afternoon, with Solana leading gains across most top 10 non-stablecoin cryptocurrencies
Ningwei Qin
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Altcoins
Binance resumes USDC withdrawals amid record stablecoin outflows
Binance, the world’s largest cryptocurrency exchange, announced at 12:54 a.m. on Wednesday in Hong Kong that USDC stablecoin withdrawals have resumed.
Zoltan Vardai
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Altcoins
Binance ‘temporarily’ freezes USDC stablecoin withdrawals, cites need for NY banks to reopen
The Binance cryptocurrency exchange “temporarily paused” USDC stablecoin withdrawals while it carried out a “token swap,” the company announced Tuesday.
Dylan Butts
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Altcoins
Markets: Bitcoin, Ether rise; BNB is biggest loser in top 10 cryptos
Bitcoin and Ether rallied in Asian trading on Tuesday afternoon. BNB was the biggest loser across the top 10 non-stablecoin cryptocurrencies
Ningwei Qin
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Regulation
U.S. Justice Department mulls charging Binance over potential money laundering violations: report
Prosecutors at the U.S. Department of Justice (DOJ) are reportedly split on filing charges against Binance and its executives on possible money laundering and sanctions violations, as part of a long-running criminal investigation.
Zoltan Vardai
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Bitcoin News
Some 97% of Binance’s liabilities collateralized by Bitcoin, wrapped Bitcoin: Mazars
Some 97% of Binance's scrutinized crypto liabilities are collateralized by Bitcoin and Wrapped Bitcoin, according to a report by auditing firm Mazars about Binance’s proof of reserves
Ningwei Qin
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Altcoins
Wemade in talks with Binance for custody of WEMIX cryptocurrency
Wemade Co. Ltd. said its in talks to have Binance Institutional Services take custody of its native cryptocurrency, WEMIX.
Danny Park
