Crypto for Advisors: Investing in Web3

Alex Tapscott, author of the recently published book Web3: Charting the Internet’s Next Economic and Cultural Frontier, takes us through Web3 investment opportunities in today’s Advisors….Read full story at CoinDesk >

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange’s August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February….Read full story at CoinDesk >

Binance's Future and Other Questions Post-Settlement

Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors are admitting in court filings that CZ still has most of his money….Read full story at CoinDesk >

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History

Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows….Read full story at CoinDesk >

First Mover Americas: Binance, Binance, Binance

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets….Read full story at CoinDesk >

Binance's Busy Day, Kraken's Second SEC Fight

Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng “CZ” Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies. Meanwhile, Kraken is facing a lawsuit from the U.S. Securities and Exchange Commission that echoes the SEC’s previous wave of suits….Read full story at CoinDesk >

Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement

Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday….Read full story at CoinDesk >