Business
The flow of funds indicates that $22.4 million worth of crypto stolen from liquidity provider Kronos Research originated from Binance.
Bittrex Global announced that it will halt all trading and cease operations by Dec. 4 after a series of hurdles with US regulators.
Regulation
The filing is the latest against a major exchange as the SEC ratchets up its efforts to regulate the industry.
But Binance founder Changpeng Zhao could still face criminal charges.
Crypto exchange Bullish, led by former NYSE President Tom Farley, acquired CoinDesk, a major player in crypto-focused media, events, and indexing.
In collaboration with the DOJ, Tether and OKX enforced the largest-ever stablecoin freeze, targeting $225 million in USDT linked to a Southeast Asian human trafficking syndicate.
The price of WLD gained 20% in the last day following calls to reinstate Sam Altman as CEO of OpenAI.
On-chain fees for Bitcoin transactions have surpassed those on Ethereum for the first time in three years.
DeFi
Decentralized exchange dYdX grapples with a significant loss from its insurance fund following a sophisticated attack targeting the Yearn Finance (YFI) token market.
Peter Van Valkenburgh from Coin Center scrutinizes the IRS’s proposed broker rule and the Bank Secrecy Act, underscoring the threat to developer rights and user privacy.
