USD Coin

May 9, 2023

OKX transferred over $57M worth of assets to crypto wallets controlled by the Alameda Research-FTX bankruptcy estate.

Coinbase establishes international crypto derivatives trading platform

May 2, 2023

Coinbase launched an overseas derivatives exchange in Bermuda after securing a Class F license from Bermuda Monetary Authority.

Aave community considers expansion to Starknet and BNB Chain

DeFi

April 4, 2023

The Aave community intends to approve two proposals on deploying Version 3 of the Aave protocol on Binance’s BNB Chain and Starknet, a zk-rollup.

BUSD records $500M outflows following CFTC’s crackdown on Binance

March 28, 2023

BUSD’s net outflows exceeded $500M after the CFTC filed a lawsuit against Binance.

Tether CTO expects $700M profit by the end of Q1 2023

March 24, 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 to cease support for Signet

March 21, 2023

Coinbase announced its plans to drop support for Signet, the digital payments platform of the failed Signature Bank.

FTX wallets transfer $145M in stablecoins to crypto exchanges

March 14, 2023

Three crypto wallets belonging to FTX and Alameda Research have transferred $145M worth of Tether and USD Coin tokens to crypto exchanges.

Circle appoints Cross River Bank as commercial banking partner

March 13, 2023

Stablecoin issuer Circle has chosen Cross River Bank as its banking partner after the collapse of Silicon Valley Bank.

Aave sets stablecoins’ LTV to zero on Avalanche V3

DeFi

March 12, 2023

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

Binance and Coinbase halt USDC conversions

March 11, 2023

Crypto exchanges Binance and Coinbase have paused USDC conversions as the stablecoin fails to regain its USD peg.

BlockFi holds uninsured funds worth $227M in Silicon Valley Bank

March 11, 2023

A recent court filing revealed that BlockFi holds $227M worth of non-FDIC insured funds in an MMMF with Silicon Valley Bank

Binance updates Proof-of-Reserves system to add 11 new tokens

March 7, 2023

Binance has upgraded its Proof-of-Reserves system to allow users to verify their assets for 11 new tokens. This brings the total number of verifiable tokens on Binance's PoR system to 24 coins.

Binance CEO denies severing ties with US business partners

February 18, 2023

Binance CEO Changpeng Zhao dismissed reports about the exchange ending relationships with US business partners due to pressure from regulators.

Celsius debtors unveil NovaWulf-sponsored sale plan

February 15, 2023

Celsius’ debtors have released a sale plan that outlines their strategy to compensate the bankrupt crypto lender’s clients. The proposed sale plan will be sponsored by investment firm NovaWulf Digital Management.

Binance and Huobi freeze $1.4M worth of stolen crypto assets

February 15, 2023

Binance and Huobi have frozen $1.4M worth of crypto assets stolen by North Korean hacking group, Lazarus. The exchanges were able to suspend the accounts linked to Lazarus thanks to the findings of Elliptic.

Binance CEO says crypto industry may switch to non-USD stablecoins

February 15, 2023

Changpeng Zhao claimed that the pressure from regulators may shrink the USD stablecoin market and cause the crypto industry to switch to non-USD stablecoins.

Paxos under investigation by New York regulator

Crypto regulation

February 10, 2023

Stablecoin issuer Paxos is being probed by the New York Department of Financial Services.

Alameda seeks to recover $446M from Voyager

January 31, 2023

Alameda Research filed a complaint against Voyager Digital to recover $446M worth of crypto assets from the bankrupt lender.

Crypto.com To Delist USDT For Canadian Users In Compliance With OSC’s Instructions

January 11, 2023

Crypto.com announced its plans to delist Tether (USDT) and suspend Tether-related transactions for its Canadian user base on January 31, 2023.

Juno Advises Users To Withdraw Assets Following Issues With Custodian

January 5, 2023

Juno has asked clients to withdraw their assets from its platform after facing issues with its current custody partner, Wyre.

Aave DAO Approves Proposal To Implement Chainlink’s Proof-Of-Reserves On Avalanche

DeFi

December 23, 2022

The Aave DAO has voted in favor of using Chainlink’s Proof-Of-Reserves to secure bridged assets on Avalanche.

Paxful Delists Ethereum From Platform Due To “Integrity” Issues

Ethereum

December 21, 2022

Paxful removed Ethereum from its platform due to integrity issues caused by Ethereum's transition to a Proof-of-Stake model.

Binance Users Withdrew $1.9B Worth Of Crypto In 24 Hours

December 13, 2022

Binance's clients withdrew over $1.9B from the exchange in the last 24 hours. The $1.9B figure marks the highest volume withdrawn from Binance within a day since June.

Coinbase Encourages Users To Switch To USDC By Waiving USDT To USDC Conversion Fees

December 9, 2022

Coinbase asked clients to switch to USDC by introducing zero-fee Tether (USDT) to USD Coin (USDC) conversion.

Maple Finance Severs Ties With Orthogonal Trading Due To $36M Loan Default

December 5, 2022

Maple Finance has cut ties with Orthogonal trading due to its $36 million default loan. The lending firm expressed disappointment in Orthogonal, citing its misrepresentation of financial position as a violation of agreements.

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

November 26, 2022

Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

TRON Founder Claims Poloniex May Merge With Huobi In The Future

November 25, 2022

Justin Sun, the founder of TRON (TRX), revealed there is a possibility of crypto exchanges Poloniex and Huobi merging in the future.

Bitcoin Sees Record Increase In Number Of Holders Who Use Self-Custody Wallets

November 14, 2022

A recent report published by Glassnode revealed that the number of Bitcoin (BTC) users who have stored their BTC assets in self-custody wallets has hit an all-time high.

Binance Publicly Shares Major Asset Holdings To Improve Transparency

November 10, 2022

Binance has disclosed its major asset holdings to the public to improve transparency and foster trust in the industry. The company is making this move the cushion the effects of the FTX bank run.

About $1B Worth of Unstaked Solana To Hit The Market In Less Than 24 Hours

Crypto staking

November 9, 2022

Solana’s troubles intensify as about $1 billion worth of unstaked tokens is set to hit the market in less than 24 hours. There is a high selloff probability by validators, resulting in a major price decline.

Circle CEO Dispels Uncertainty Over Material Exposure To FTX

November 9, 2022

Jeremy Allaire compared FTX's liquidity crunch to the Lehman Brothers crisis and reassured investors that Circle does not have any exposure to FTX or Alameda Research.

Credix Partners with Lender Clave to Open a $150M Stablecoin Credit Pool

November 1, 2022

Decentralized credit marketplace, Credix Finance, is partnering with digital lender, Clave, to bring debt capital markets on-chain with the launch of a $150M stablecoin credit pool. The credit facility will open in 2023.‍

Decline in Stablecoins’ Market Cap: Here’s What We Know

Opinion

November 1, 2022

Several stablecoins have recently seen their market capitalization drop by a few billion. This may be due to various factors. But here’s what we know about the downtrend.

Binance’s Stablecoin Hits All-Time High Market Share Of 15.48%

October 23, 2022

BUSD's stablecoin market share increased to its highest level at 15.48%. The token's market capitalization also grew by 22.88% within the past 2 months.

Voyager Requests Creditors To Vote In Favor Of FTX’s $1.42B Sale Plan

October 22, 2022

Voyager Digital urged its creditors to support FTX US’ sale agreement to purchase the bankrupt lender’s assets.

Coinbase Adds Zero-Commission USDC Trading Outside The US

October 21, 2022

Coinbase implemented a commission-free USDC trading service for non-USD currencies to encourage wider adoption of USDC.

Prime Trust Agrees To Return $17M To Celsius

October 21, 2022

Prime Trust has agreed to transfer $17M worth of crypto assets to Celsius.

Ledn Co-Founder Claims The Future Looks Bright For The Bitcoin Lending Industry

October 17, 2022

Mauricio Di Bartolomeo, Co-Founder and Chief Strategy Officer of Ledn, expressed his opinions on the future of crypto lending and claimed that the lending industry is maturing.

Celsius’s Top 3 Executives Withdrew $56M Before Company’s Bankruptcy

October 6, 2022

A new court record reveals that the top three executives of the now defunct crypto lending platform, Celsius, withdrew about $56.2 million before the company halted withdrawals and filed for bankruptcy.

CoinFlex Submits Restructuring Proposal

September 22, 2022

CoinFlex announced a restructuring plan wherein creditors will own 65% of the company. The voting on this proposal will take place over the next week.

WazirX Joins Binance To Delist USDC And Other Stablecoins

September 19, 2022

WazirX has announced the delisting of three stablecoins: USDC, USDP, and TUSD, and their auto-conversion to Binance USD. Like Binance, WazirX believes this move would help enhance liquidity and capital efficiency.

Binance To Stop Supporting USDC And Other Stablecoins By September 29