Paxos Trust Company’s administration of Binance’s stablecoin left it open to use by bad actors, the New York Department of Financial Services told Reuters on Monday. Author: Jesse Hamilton
Archives for February 2023
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
Observers expect Tuesday’s U.S. CPI report to show continued disinflation in the world’s largest economy. Author: Omkar Godbole
First Mover Asia: Bitcoin Might Test $20K as It Looks for Support
ALSO: The SEC’s move on Kraken’s staking program last week shouldn’t be seen as an indictment of staking as a whole. Bitcoin dropped below $21.7K at one point over the weekend. Author: Sam Reynolds
I’m Glad There Are No Crypto Super Bowl Ads: Here’s Why
Sportswashing and crypto company hubris are no longer in play in Super Bowl commercials this year. And that’s a good thing. Author: George Kaloudis
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms. Author: Nikhilesh De
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