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
Regulator NYDFS Says Paxos Didn’t Administer Binance USD in ‘Safe and Sound’ Manner: Reuters
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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