decentralization
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Binance Announces Temporary Pause on U.S. Bank Transfers
The world’s biggest crypto exchange, Binance, is set to halt transfers to and from U.S. bank accounts beginning Wednesday, February 8. The company tweeted out confirmation of the USD bank transaction suspension on Monday, following early reports from multiple news outlets.
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Genesis Joins the Crypto Lender Graveyard With Chapter 11 Bankruptcy Filing
Genesis, one of the largest crypto lending firms in the space finally filed for Chapter 11 bankruptcy on Friday. Though Genesis managed to cling on to life for months longer than some of its largest competitors, recent market shake-ups and festering fallout from FTX’s collapse flung it over the edge. Now, the firm will join…
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Binance Tries to Replace FTX’s Efforts in Fronting Crypto Regulation
Binance and its execs have routinely said they won’t follow in the footsteps of Sam Bankman-Fried’s fraudulent crypto empire, but they sure are taking plays straight out of the failed crypto founder’s playbook.
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Telegram Is Selling Fake Telephone Numbers for Crypto
Telegram is not yet done finding new ways to monetise access to its platform. On Tuesday, the encrypted messaging app announced users will be able to sign up for its services without needing access to a SIM card. How, you may ask? By buying up a phone number with crypto, of course.