Binance
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.
Binance buys $100 million Circle stake in five-year USDC promotion deal
Circle sold 1.24 million shares at $80.84 each and will pay Binance a monthly fee tied to USDC held through its wallet infrastructure.
Binance probed by U.S. federal prosecutors for sanctions violations: Bloomberg
Federal prosecutors in Manhattan and the Justice Department are said to be investigating whether the crypto exchange knowingly permitted users to bypass U.S. sanctions on Iran.
ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ
Although the ECB holds no formal licensing authority under MiCA, high-level intervention led Greece to stall an application that regulators had previously deemed complete, the Journal said.
Binance handed user data to Russia that led to a Ukrainian donor's arrest
Binance says it cooperates with lawful requests, despite exiting the Russian market in 2023 to improve its compliance strategy.
RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
A spokesperson for the stablecoin payments company declined to comment on any IPO plans.
Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit
Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.
Binance offers gold and silver options after commodity futures pull in billions in daily volume
The crypto exchange unveils commodity options following strong uptake for gold and silver perps.
