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2022-12-19 21:43:06 Breaking: Binance.US wins bid to acquire Voyager assets
The defunct crypto platform – Voyager – announced that Binance.US has won the bid to acquire its assets. The crypto platform stated that Binance.US was also its “highest and best bid”. The deal was worth nearly $1.022 billion, and it “aims to return crypto to customers”. Notably, the bid was initially won by FTX US, but the deal fell through after the crypto exchange‘s recent collapse. Read more Open / Comment

2022-12-18 14:01:03 This Week In Crypto (50)
1. SBF getting arrested
2. Do Kwon reportedly located in Serbia
3. Binance’s FUD continues
4. Donald Trump's NFT sold out
5. Binance processed $6B withdrawals in 24h
CW49 (last week) Open / Comment

2022-12-16 13:00:05 Donald Trump unveils NFT Trading Card Collection
Donald Trump, the former U.S. president long-known for releasing branded products, has added another to the list: an NFT collection. The so-called Donald Trump Digital Trading Card collection was unveiled on Trump's Truth Social account. The cards are selling for "only $99!" apiece, according to the collection's website. A sweepstakes associated with the collection launch offers prizes like a 1-on-1 Zoom call or one hour of golf with Trump. Read more Open / Comment

2022-12-15 11:39:16 MetaMask Mobile Users Can Now Buy ETH Using PayPal
ConsenSys announced a new on-ramp to Ethereum via a feature to integrate PayPal purchases of ether on MetaMask’s mobile app, with a browser integration targeting the first quarter of 2023. The mobile MetaMask app wallet developer plans to enable a select number of US users to fund their wallets with ether (ETH) by transferring ETH they hold on PayPal or by purchasing the cryptoasset using Paypal-linked bank accounts. Eligibility will be increased to all US customers “in the coming weeks” ConsenSys said in a blog post. Read more Open / Comment

2022-12-14 12:10:01 Crypto community members discuss bank run on Binance
Within the past 24 hours, cryptocurrency exchange Binance has seen outflows of over $1.14 billion due to rising FUD within the crypto ecosystem. According to Binance CEO Changpeng “CZ” Zhao, the exchange has seen this before, and he believes “it is a good idea to ‘stress test withdrawals’ on each CEX [centralized exchange] on a rotating basis”. This comes a month after CZ triggered a bank run on FTX, which led to liquidity issues and its eventual collapse. Read more Open / Comment

2022-12-13 10:52:20 Breaking: SBF arrested, set to be extradited to US
Royal Bahamas police have arrested SBF at the request of the U.S. government, based on a sealed indictment. Sam Bankman-Fried has been arrested by authorities in the Bahamas at the request of the U.S. government, just a day before the disgraced former FTX CEO was due to testify before Congress. Read more Open / Comment

2022-12-12 12:30:02 SBF Remains Unfazed By Jail Time And Even Plans New Business "To Help" The World
Crypto’s public enemy number one, Sam Bankman-Fried (SBF), appears unfazed about potential jail time. Furthermore, he plans to start a new business to raise funds for FTX victims. Former FTX CEO SBF has been on a media spree recently. According to the BBC, he said he was going to try to start a new business from a luxury apartment in the Bahamas. “I would give anything to be able to do that. And I’m going to try if I can,” he told the outlet over the weekend. Read more Open / Comment

2022-12-11 11:52:59 This Week In Crypto (49)
1. Goldman Sachs buying crypto firms
2. Circle cancels plans to go public
3. Bybit announcing new layoffs
4. Nexo exiting the US
5. More FTX drama
CW48 (last week) Open / Comment

2022-12-10 16:56:46 Crypto​.com releases Proof of Reserves
Crypto.com has released an audited proof-of-reserves page, showing that the exchange has enough crypto assets to back its liabilities to customers, according to a Dec. 9 statement on the exchange’s website. The new page shows that Crypto.com has 102% of the Bitcoin , 101% of the Ether and 102% of the USD Coin needed to process withdrawals. Read more Open / Comment

2022-12-09 18:59:21 Coinbase Urges Customers to Ditch Tether
America’s largest crypto exchange, Coinbase, doesn’t want its customers to use the Tether stablecoin. It’s instead offering incentives on its own stablecoin, USDC. In a company blog post on Dec. 8, Coinbase urged its customers to “switch to the trusted and reputable digital dollar: USDC.” It added that USDC is one of the most trusted and reputable stablecoins, fully backed with “high-quality reserves.” The move was a shot at rival stablecoin Tether, which remains the market leader. Read more Open / Comment