Binance has resumed deposits and withdrawals on its platform after being struck by a bug that forced the crypto exchange to halt spot trading.
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Silicon Valley Bank has been shut down by the California Department of Financial Protection and Innovation due to inadequate liquidity and insolvency. The bank's shares were halted earlier today after a 66% slump in premarket trading.
Australia's securities regulator said they are looking into how crypto exchange Binance classifies wholesale and retail investors after Thursday's derivatives debacle.
Binance abruptly shut down derivatives accounts and their open positions for some Australian users earlier today. The affected users were incorrectly classified as wholesale investors.
Summary: Paxos will wind down its relationship with Binance for the BUSD stablecoin. BUSD redemptions will continue till at least...
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order...
Summary: Twitter recently started applying for payment licenses in the U.S., the Financial Times reported. Musk charged Esther Crawford to...
Summary: Binance processed 205,000 transactions between May 2018 and January 2023, per a Chainlysis report from Tuesday. The leading crypto...
