Trust Wallet, a popular cryptocurrency wallet backed by Binance, has finally publicly disclosed a vulnerability that endangered users' funds last year. The issue impacted users who created a digital wallet using the browser extension between November 13 and November 23. Although the vulnerability was fixed, the company did not inform the public for months, and affected users were only told to migrate their assets to new, non-affected wallet addresses.

Binance has reportedly allowed users to purchase crypto with Russian bank cards, quietly reintroducing compatibility this week. The move comes after Binance blocked transactions with cards issued by banks located in Russia in March, following international sanctions over the invasion of Ukraine, and deactivated the accounts of many major clients in response to EU sanctions in April. Russian users with over 10,000 euros in crypto have been banned from making new deposits or trading since then. Russia has been increasingly locked out of critical payments infrastructure since the invasion of Ukraine, and is turning to alternative technologies, including CBDCs and cryptocurrencies, to develop new cross-border payment channels.

Stablecoin transfer volumes have fallen by 19.2% in the past week, led by a major slowdown in the use of Binance's BUSD, which fell by 353.3% over the course of the week. The market cap of BUSD and other major dollar-pegged stablecoins, such as USDC and TUSD, has also been declining. Since their respective peaks, USDC supply has fallen by $20 billion, and BUSD supply has lost $11 billion. The decline in stablecoin supply is due to a shift in investment towards less volatile assets such as BTC and ETH, and BUSD's ongoing challenges, including the SEC's potential enforcement action against its issuer Paxos.

April 23 (Cointime) - According to Twitter Whale Alert @whale-alert, 151,605,154 DOGEs were transferred from Binance to an unknown wallet, worth $12,094,316.

Binance's Chief Strategy Officer, Patrick Hilmann, has accused Sam Bankman-Fried, the founder and former CEO of FTX, of consistently criticizing Binance's CEO Changpeng Zhao (CZ) before FTX's collapse. Hilmann called this behavior "shading" and alleged that SBF frequently spread fake rumors about CZ and referred to him as an "evil Chinese." Hilmann's tweet was based on a report by veteran business writer William Cohan, which included comments from financier Anthony Scaramucci.

April 22 (Cointime) - Binance CEO Changpeng Zhao has suggested Twitter CEO Elon Musk a new way to reduce bots and increase revenue on Twitter.

CZ proposed adding an option for "people you don't follow [to] pay $0.x to comment" on tweets.

April 22 (Cointime) - Binance CEO Changpeng Zhao warned his followers about a potential scam involving meme coins.

CZ says there are groups of people trying to buy accounts he follows, with the aim of issuing meme coins.

April 22 (Cointime) - Patrick Hillmann, the Chief Strategy Officer at cryptocurrency exchange Binance, has accused former FTX CEO Sam Bankman-Fried of spreading "fake rumors" about Binance CEO Changpeng Zhao.