The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday. Story Published at: June 9, 2023 at 07:20PM Continue Reading…
What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?
Binance Halts Trading in Dollars on Its U.S. Exchange
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week. Story Published at: June 9, 2023 at 06:44AM Continue Reading…
Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets
The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges. Story Published at: June 7, 2023 at 10:01AM Continue Reading…
Change Makes Fools of Us All
Banking is a critical form of public infrastructure that we pretend is a private act of risk management, Story Published at: March 18, 2023 at 01:00PM Continue Reading…
We’ve Been Talking About the Lab-Leak Hypothesis All Wrong
When are we going to get more serious about the highest-security labs? Story Published at: February 28, 2023 at 08:00PM Continue Reading…
The Next Hot Housing Market Is Out of This World. It’s in the Metaverse.
Despite the implosion of FTX and projections of a cryptocurrency winter, the metaverse real estate market is expected to grow by $5.37 billion by 2026. Story Published at: February 19, 2023 at 10:00AM Continue Reading…
In the Bahamas, a Lingering Sympathy for Sam Bankman-Fried
Residents there have a generous view of the disgraced FTX founder, who has been accused of misusing billions of dollars in customer funds. Story Published at: December 26, 2022 at 06:45PM Continue Reading…
How Did Sam Bankman-Fried Make His $250 Million Bail?
Though Mr. Bankman-Fried was not required to pay $250 million, the large amount of the bond in this high-profile case has raised questions about the federal bail process. Story Published at: December 23, 2022 at 07:29PM Continue Reading…
Sam Bankman-Fried Is Expected to Agree to Extradition to the U.S.
The FTX founder, now in prison in the Bahamas, faces criminal charges that he engaged in widespread fraud since founding the cryptocurrency exchange in 2019. Story Published at: December 18, 2022 at 12:49AM Continue Reading…
Ordinary Investors Who Jumped Into Crypto Are Saying: Now What?
Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry. Story Published at: December 5, 2022 at 06:33PM Continue Reading…