binance
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Despite Its Name, Terra’s Stablecoin Value Plummets
In yet another case of stablecoins being less-than-stable, terraUSD (UST) plunged below its $US1 ($1.44) price peg for the first time since its inception. Bloomberg spotted the coin slipping to about 99 cents ($1.37) over the weekend, before plunging to roughly 60 cents ($0.83) on Monday night. As of this writing, Coindesk reports that the…
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MyCryptoWallet Collapses and Leaves Bitcoin Traders Stranded: Report
MyCryptoWallet, an Australia-based cryptocurrency exchange that allowed users to buy and sell coins like ether and bitcoin, has collapsed and left users without access to funds, according to multiple reports. The company called in a firm called SV Partners on Friday to liquidate what remains of the exchange and deal with creditors, according to the…
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Cuba to Legalise and Regulate Cryptocurrencies But Questions Remain
The Cuban government announced it will legalise and regulate cryptocurrencies for payments, according to a resolution published Thursday in Cuba’s Official Gazette and a new report from the Associated Press. But the details are incredibly scarce at this point.
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32 Angry Consumer Complaints to the FTC About Binance
Binance, the largest cryptocurrency platform in the world, has processed over $US5.4 ($7) trillion in crypto transactions so far this year. But financial regulators around the globe have recently taken aim at the Cayman Islands-based company and the Wild West attitude of platforms that sell cryptocurrencies like bitcoin, dogecoin, and ethereum, among thousands of others.