Binance
Powell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Federal Reserve Chair Jerome Powell addresses the current state of inflation at the Kansas City Fed’s Jackson Hole Economic Policy Symposium. Mastercard and Binance are ending their crypto card partnership. Plus, customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack.
Mastercard's Crypto Card Partnership With Binance Is Ending
Multiple news outlets are reporting that payments giant Mastercard is terminating its partnership with crypto exchange Binance on co-branded crypto card offerings in Argentina, Brazil, Colombia and Bahrain starting Sept. 22. "The Hash" panel weighs in on the state of Binance as the exchange faces pressure from regulators across the globe.
Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service
Russian users of Binance were able to move money abroad through the service, which could present legal challenges for the exchange.
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.
Binance's Ether Futures See Lowest Open Interest Since July 2022
Don't ready too much into the move, said one observer, calling it a typical position reset.
Binance to Withdraw Debit Card in Latin America, Middle East
The cryptocurrency exchange said the card service will terminate in the Middle East on Aug. 25 and in Latin America on Sept. 21.
Binance Needs to Get Off Twitter
Until the world's largest crypto exchange gets better at corporate communications, it’s just FUDing itself.
BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance
Formerly known as Binance Coin, BNB sunk to as low as $204, its weakest level since late June 2022.
Coinbase Gets a Stake in Circle; FTX's Sam Bankman-Fried Pleads Not Guilty, Again
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as FTX founder Sam Bankman-Fried pleads not guilty to his latest indictment. The Wall Street Journal is out with a new report detailing Binance's legal risks over Russia. And, Coinbase buys a minority stake in stablecoin issuer Circle Internet Financial.
Binance Facing Additional U.S. Legal Risks by Helping Russians Move Money: WSJ
According to a new report from the Wall Street Journal, Binance is helping blacklisted Russian lenders move money through peer-to-peer transactions. A spokesperson for Binance told the publication the exchange follows global sanctions rules. "The Hash" panel discusses whether this could add on to the legal risks Binance is currently facing in the U.S.
