Brian Armstrong revealed Binance sold all its USDC in Coinbase earnings call
In a Q2 earnings call, Coinbase chief Brian Armstrong unexpectedly said that USDC was stronger now that Binance has liquidated.
Results for Spotlight, Binance
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Why does Changpeng Zhao have stablecoins on the brain?
Changpeng Zhao took to Twitter Spaces for an AMA where he spent much of his time discussing stablecoins including Tether, TUSD, and FDUSD.
Sources confirm Binance helps users avoid KYC/AML
Binance sources told Protos that staff were instructed to tell users in restricted locations to use the P2P marketplace and deposit crypto.
Binance directs Dutch users to Coinmerce — a Binance broker
Binance has recommended Dutch users switch to Coinmerce, an exchange which has historically acted as a broker for Binance.
Binance money processor Advcash looks like a Russian laundering operation
Red flags around Advcash include its thinly disguised Russian origins, government links, and its acceptance of anonymous cash deposits.
Scoop: European states working with SEC on Binance investigation
Protos has been told that several European countries have been spurred into action after Binance was indicted by the SEC earlier this month.
80% of all BUSD ever created has been burned — how long can it last?
With BUSD's market cap at $4.5 billion, it looks to be just a matter of time before the former top-three stablecoin vanishes completely.
Binance controlled its US arm’s bank accounts for two years: Reuters
Bank records and company DMs reveal that Binance US had no control over its own bank accounts held at Silvergate between 2019 and 2020.
CFTC lawsuit against Binance claims CZ traded against users
The CFTC has sued Binance and CZ for failure to register, AML failures, illegal derivatives, and allowing US-based people to use it.
Chinese users appear to bypass Binance KYC thanks to help from Binance
Binance employees and volunteers allegedly explained to mainland Chinese users in great detail how to avoid Binance KYC/AML checks.