Stablecoins
Kraken introduces support for PayPal’s stablecoin, PYUSD
The company will begin trading on Aug. 21 and has already opened deposits.
Mike Dalton 2 min read
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Unknown trader swallows $55 million loss in wake of crypto market crash
The BNB Bridge hacker's $63 million position was also liquidated on Venus Protocol.
Legal
Former SEC official comments on Binance.US’ request for protection
Former Chief of Internet Enforcement at the SEC, John Reed Stark, has commented that the issue will likely be resolved through a compromise.
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Exchanges
Bittrex bypasses US clients amid regulatory haze, CEO highlights global scope
Bittrex Global CEO Oliver Linch has stated that his company does not accept U.S. customers.
Regulation
PayPal to pause UK crypto purchases starting in October
The company will resume the service in early 2024.
Exchanges
AllianceBlock backed Nexera DEX eyes institutional adoption with decentralized KYC, AML
AllianceBlock said Nexera offers a decentralized trading experience that can compete with centralized platforms.
Exchanges
Binance seeks protection from ‘overbroad’ SEC information requests
Binance said its attempt to get the SEC to limit its discovery demands had failed.
Exchanges
Sei token to launch Aug 15. on Bitfinex, Binance, and more
The Cosmos SDK-based blockchain will launch its native token on several exchanges tomorrow.
Exchanges
Coinbase expands to Canadian market after Binance exits
Coinbase said Canada is a priority market as it presents significant growth opportunity.
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Exchanges
Coinbase CEO admits to broken UX, promises rapid improvements following customer feedback
Exchanges
Law expert says the amicus brief filed by 6 law scholars ‘absolutely shreds’ the SEC’s theory
Exchanges
The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
Legal
