A platform illegally trading cryptocurrencies in Kazakhstan, ABS Change, has been identified and shut down, the country’s Financial Monitoring Agency (FMA) announced on Telegram. Three Kazakhstani citizens have been accused of running the exchange which carried out its activities without a license since 2021.

For the fourth month in a row, Binance’s spot market share among Top-Tier exchanges increased, rising from 59.4% in January to 61.8% in February, following a 13.7% surge in spot volumes to $540 billion.

Crypto traders endured some $307 million of liquidations in the past 24 hours, data from Coinglass shows, as crypto markets tanked Thursday on news about crypto-friendly bank Silvergate Capital (SI) winding down operations.

New York Attorney General Sues Crypto Exchange KuCoin, Alleges Ether Is a Security; Blockchain.com to Suspend Operations of Asset Management Arm; Gateio Launching Debit Card Supporting Shiba Inu & Crypto Payments Across Europe; Binance Approves TerraClassicUSD (USTC) Against Tether USD (USDT) Trading Pair

A new report from CryptoCompare, a provider of crypto market data, reveals that Binance’s market share rose from 59.4% in January to 61.8% in February.

Decentralized lending protocol Aave moved closer to delisting troubled stablecoin BUSD Thursday after a roadmap for executing the plan cleared a procedural hurdle.

Binance, the world’s largest crypto exchange by trading volume, has recently announced that it will add TerraClassicUSD (USTC) against Tether (USDT) trading pair.

During a Twitter Spaces Ask Me Anything (AMA) session held on March 9, Binance CEO Changpeng Zhao discussed various topics, including the impact of artificial intelligence on cryptocurrency markets, and addressed the ongoing concerns around the exchange from mass-media FUD to new directions in stablecoins.

Binance has announced that it will add the trading pair of TerraClassicUSD (USTC) against Tether USD (USDT). The development comes three weeks after Binance Chief Changpeng “CZ” Zhao agreed that UST had the right vision but was executed poorly.

Crypto-focus bank Silvergate announced it is in the process of winding down its operations through voluntary liquidation.