Binance.US halts OCBS and stablecoin pairs for BUSD
Binance.US temporarily suspended One Common Billing System (OCBS) transactions for Binance USD.
Kraken submits pre-registration documents to Canadian regulators
Kraken filed a pre-registration undertaking with the Ontario Securities Commission (OSC) to continue offering services to its Canadian clients.
OKX to return crypto assets worth $157M to FTX and Alameda
OKX announced that it will return $157M worth of frozen digital assets belonging to FTX and its subsidiary, Alameda Research.
March 30, 2023
Paxful to refund Earn account holders affected by Celsius’ bankruptcy
Paxful disclosed its plans to return the assets of Earn account holders whose funds were frozen following Celsius’ bankruptcy.
Gemini seeks to launch overseas crypto derivatives exchange
Crypto exchange Gemini plans to establish a new crypto derivatives platform outside the US. Gemini’s new exchange will primarily feature perpetual futures trading services.
March 29, 2023
Lido to discontinue staking services for Polkadot and Kusama by August
Liquid staking platform Lido Finance will end support for staking Polkadot and Kusama assets on August 1.
BUSD records $500M outflows following CFTC’s crackdown on Binance
BUSD’s net outflows exceeded $500M after the CFTC filed a lawsuit against Binance.
Binance CEO denies the allegations made by CFTC’s complaint
Binance CEO Changpeng Zhao denied the accusations made by the CFTC's complaint. According to him, the regulatory agency's complaint was an “incomplete recitation of facts."
March 28, 2023
BlockFi agrees to return $100K to Californian users
The Department of Financial Protection and Innovation (DFPI) announced that bankrupt lender BlockFi will refund $100K worth of crypto assets to its California-based clients.
CFTC sues Binance for violating federal laws
The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO, Changpeng Zhao, over alleged violations of federal laws.
Polygon rolls out beta version of zkEVM on its mainnet
Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.
Binance temporarily suspends spot trading
Binance temporarily suspended deposits, withdrawals, and spot trading services due to a bug affecting its trading engine.
Tether CTO expects $700M profit by the end of Q1 2023
Tether CTO Paolo Ardoino expects the firm’s profits for the first quarter of 2023 to hit $700M. He also revealed that Tether currently holds $1.7B in excess reserves.
Coinbase responds to SEC’s Wells notice
Coinbase's CEO and CLO responded to the SEC's threats of potential enforcement action against the exchange for alleged violation of the securities law.