Binance.US partners with AptPay to offer instant, real-time USD deposits and withdrawals across ACH, RTP and FedNow, boosting liquidity, speed and compliance.
The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement. The settlement includes a $26.5 million civil...
The New York Department of Financial Services announced a
$48.5 million settlement with Paxos, a crypto infrastructure company. The
settlement concerns Paxos' partnership with Binance and alleged shortcomings in
its anti-money laundering controls.In...
A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has moved some of the stolen Ether to Tornado Cash after a short hibernation. Blockchain security firm CertiK said...
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a...
The US Securities and Exchange Commission (SEC) and crypto exchange Binance have asked a US federal judge for an additional two-month pause in their nearly two-year legal battle.“Since the Court stayed this case, the Parties have...
Over the last few years, Solana has dominated the crypto market. However, the question remains whether Binance USD can surpass Tether (USDT) in market cap as competition intensifies. While Solana’s price continues its steady climb today, a...
This week’s Crypto Biz also explores Microsoft’s board’s stance on Bitcoin, JPMorgan’s revision of mining stocks, MARA’s new BTC purchase and upcoming listings of crypto firms.
A wallet linked to the United States government has moved
54,897,092,549 Shiba Inu (SHIB) tokens to a newly created Ethereum wallet.
Blockchain analytics platform Arkham Intelligence recorded the transaction on
December 3. Announcing the activity on...
