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Binance’s stablecoin BUSD hasn’t always been 1:1 backed, report

Many believe that Binance would follow-through on its promise to keep its stablecoin BUSD backed 1:1 to $1. It hasn’t always.

Chief legal officer departs FTX-linked Moonstone Bank

Before joining Moonstone, Joseph Vincent spent 18 years as a top official in Washington’s Department of Financial Institutions.

Andrew Tate and his controversial past could prove to be a potential problem for bitcoin or any other crypto with designs on total legitimacy.

Former FTX lawyer Daniel Friedman spoke to investigators about Sam Bankman-Fried’s business dealings back in November, Reuters reports.