Coinbase slammed with $3.6M fine in Netherlands; Bitstop founders acquire Genesis coin; understanding token standards; Bank of America says “digital currencies appear inevitable”

In a Jan. 26 substack post, Fong said she had obtained leaked documents of Celsius bidding proposals which were submitted in November 2022. However, the bidding process seems to have been halted.

In the early hours of Jan. 25 – in India, a national holiday – Binance sent WazirX a letter requiring the Indian exchange to meet two demands by the end of this month, or risk Binance terminating its service agreement with WazirX by Feb. 3.

At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on the same date in December.

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

Crypto exchange giant Binance’s BUSD stablecoin has extended its recent declines, amid mismanagement issues involving the exchange’s pegged tokens that surfaced earlier this month, and other debacles.

The Uniswap community voted earlier this week to deploy its V3 protocol on the BNB Chain. Such a move means that Binance Coin will be integrated into a new ecosystem, possibly boosting its price in the crypto markets.

Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a "money laundering engine," blockchain data seen by Reuters show.

Binance CEO Changpeng (CZ) Zhao alleged during a Twitter space talk that FTX paid $43 million to a crypto news outlet that regularly publishes negative articles on Binance,

Binance Holdings Ltd., the world’s largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange customer funds.