Voyager
Summary: Judge Michael Wiles approved Voyager’s sale to Binance.US for $1.02 billion 24 hours before the government’s appeal. The Trustee’s office of the U.S. Justice Department filed an appeal against the deal late on Thursday. So far, Binance’s acquisition of the crypto lender has faced stiff opposition from the DoJ...
Binance
Marc Zeller’s proposal to offboard Binance USD (BUSD) stablecoin from Aava’s V2 lending and borrowing market on Ethereum garnered massive support from the Aave community. The action plan aims to “reduce the amount of liquidity in BUSD” and incentivize users to leverage other stablecoin tokens on Aave. Zeller’s submitted the...
Gemini
Summary: JP Morgan will no longer offer banking services to crypto exchange Gemini, CoinDesk reported citing sources familiar with the matter. The bank’s decision to cut ties with a crypto business is the latest in the so-called exodus of partnerships between crypto companies and their banking partners. Coinbase, another JP...