CZ denies claims that Binance will delist US-based projects
CZ denies claims that Binance will delist US-based projectsBloomberg reported that Binance could delist Circle's USD Coin (USDC) stablecoin, and that the exchange was reassessing its venture-capital investments in the US.
Happy FridayThe global crypto market cap is $1.11 trillion with a 24-hour volume of $77.78 billion. The price of Bitcoin is $24,421.76 and BTC market dominance is 42.4%. The price of Ethereum is $1,697.93 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Storage, which gained 20%.
Latest NewsCZ denies claims that Binance will delist US-based projects
Bloomberg reported that Binance could delist Circle's USD Coin (USDC) stablecoin, and that the exchange was reassessing its venture-capital investments in the US. Binance reserves lost $2.3B following BUSD debacleThe SEC issued a notice to Binance USD issuer Paxos on Feb. 13 to stop further BUSD minting. Research: Public Bitcoin Miners in better financial health despite 12.1% YoY drop in BTC holdingsGlassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022. FTX warns against Justin Sun-backed FUD tokensJustin Sun approved the listing of FTX User Debt (FUD) token on Huobi Global claiming that FUD is a "top quality FTX debt asset. Microstrategy has raised $46.6M via share sales since SeptemberThe company has indicated that it may use the proceeds from additional sales to pay off its debts. Two traders made over $200k from Binance’s Gain Network listingBinance CEO Chief Strategy Officer Patrick Hillman said the exchange has zero-tolerance policy for insider trading. California regulator introduces new tracker for crypto scamsThe tracker keeps a list of bad actors. Decentralized storage protocol Filecoin leads top 100 on 27% jump in priceFIL spikes to a 26 week high as momentum from its Filecoin Virtual Machine update picks up steam. Lebanon, Slovenia, UAE lead interest in AI CryptoCountries with economic issues ranked higher in the charts, while the U.S. was placed 33rd, according to CoinGecko's recent report. Terra-related tokens dump as SEC labels them securitiesIn the Feb. 16 complaint, the SEC alleged that several tokens related to the Terra ecosystem were securities. ‘Communist Bitcoiners’ exposed by Ordinals as control freaksPodcaster Peter McCormack has called out Bitcoin zealots on Twitter post over their hostility toward Ordinals.
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FTX reportedly in talks to recoup $400M investment in Modulo Capital
Friday, February 17, 2023
Following FTX's bankruptcy, SBF's $400 million investment in Modulo Capital was converted into cash and kept in an interest-bearing account at JPMorgan.
Bitcoin briefly soars beyond $25k; $232M in shorts liquidated
Friday, February 17, 2023
Bitcoin's (BTC) price soared beyond $25000 for the first time since June 2022 — peaking at $25104, according to CryptoSlate's data.
Bitcoin spikes to $22,330 after dip on worse than expected CPI data
Tuesday, February 14, 2023
The price of Bitcoin spiked to $22330 after an initial dip on news of worse than expected consumer inflation data.
CZ issues response to SEC vs. Paxos lawsuit
Monday, February 13, 2023
CZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.
Op-ed: Why Sam Bankman-Fried did us all a favor
Saturday, February 11, 2023
The former FTX CEO has been vilified for his role in orchestrating the fraud, however, a deeper look into the overall situation shows he actually did us a favor.
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