Degens Have Already Found a Way to Make Money on CZ Stepping Down
A freshly launched token called “CZ” is already trading on Ethereum DeFi exchange Uniswap—and up 18,000%.
Crypto
‘They’re Playing a Game’: What New Yorkers Think of the SEC’s War Against Crypto
After the Securities and Exchange Commission sued Kraken, a small but trusted exchange, CoinDesk asked passersby for their views on crypto and regulation.
BNB price pops, then drops, following news of DOJ-Binance settlement
The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90
BNB Plunges as Crypto Market Reacts to Binance CEO Stunner
Binance and CEO Changpeng Zhao will reportedly plead guilty today amid a settlement with the U.S. DOJ. BNB quickly tumbled on the news.
‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
With two months to go before the U.S. Securities and Exchange Commission (SEC) faces another set of deadlines to decide on a large number of applications to form spot bitcoin exchange traded-funds (ETFs), analysts are speculating on how approval of such vehicles would impact the crypto industry.
Binance CEO Changpeng Zhao to Step Down, Plead Guilty to Money Laundering
CZ is out, but Binance survives as part of a DOJ settlement.
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.
Breaking: Binance’s CZ to plead guilty to violating Anti-Money Laundering requirements — WSJ
Changpeng Zhao reportedly plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance crypto exchange.
Spot Bitcoin ETF: Why this time is different
The latest Cointelegraph Report explains everything readers need to know about a potential spot Bitcoin ETF approval in the U.S., its impact on the market, and its significance for the crypto industry.
Crypto Industry Goes Nuclear With Uranium-Linked Tokens
Uranium3o8 is offering yellowcake-backed tokens on Uniswap through a partnership between Canadian firm Madison Metals and Sainmiguel Investments.
Bitcoin Bounces as DOJ Preps to Make Binance Settlement Official
A Binance settlement bullish for Bitcoin? The market seems to think so.
Microsoft, Salesforce, and Nvidia swoop in to hire OpenAI employees as walkout threats increase
OpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co-founder Sam Altman.
Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report
Hurting the mood on Tuesday morning was the DOJ announcement of significant cryptocurrency enforcement actions to come later this afternoon.
Binance to Pay $4.3B to Settle U.S. Accusations; Changpeng ‘CZ’ Zhao Resigns as CEO and Pleads Guilty in Seattle
The DOJ will hold a press release later today to announce the settlement.
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
Navigating the crypto frontier: Pioneers’ insights for new Web3 professionals
The crypto and blockchain industry still offers unlimited possibilities if you come in with your eyes open.
‘We Are Prepared to Go to the Mat:’ ENS Founder on Patent Dispute With Unstoppable
ENS Founder Nick Johnson told CoinDesk he’s unhappy with Unstoppable Domains’s patenting of work that he claims he produced and published earlier.
Wintermute Asia Processes Its First Options Block Trade Through CME Group
The market maker partnered with CME Group to meet the growing institutional investors’ interest in gaining exposure to digital assets.
Why is Solana (SOL) price down today?
Solana’s overbought correction has picked momentum after its mention in the SEC’s latest lawsuit against Kraken. Is the SOL bull run finally over?
Tether Worth $9M Tied to ‘Pig Butchering’ Scams Is Seized by U.S. DOJ
The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through “pig butchering” scams.
Fortnite’s Big Bang Event Marks ‘New Beginning’ for Epic’s Smash Game
The current Fortnite OG season will end in early December, and Epic Games is teasing massive new developments for the free-to-play shooter.
BTC price returns key profit mark to Bitcoin exchange users at $34.7K
Bitcoin is busy setting records for various investor cohorts as BTC price strength keeps a longer-term recovery in place.
Celsius entity to focus only on mining under proposed reorganization plan
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky in July.
Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame
Bitcoiner Dominic Frisby counts Michael Saylor as a fan… but says we need a new Bitcoin evangalist & narrative to propel the next bull run.
Can blockchain supply the guardrails to keep AI on course?
Some believe that hybrid blockchains with both private and public aspects can solve AI’s black-box problem.
AVAX Ecosystem to Get $10M Boost from Avalanche Accelerator Colony Lab
Colony Lab will set up a network validator and invest in an index that tracks prominent Avalanche projects.
Aragon DAO votes to fund legal action against its founders
The DAO expressed dissatisfaction with the team’s recent move to dissolve its governing body and shut down its token without consulting the community.
Tether’s bank partner Britannia sued over $1B deposit: Report
Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether.
OpenAI seeks to diffuse internal tensions after Altman departure: Report
Executives at OpenAI have been trying to settle disputes with employees and are in “intense discussions” over how to move forward after the abrupt departure of former CEO Sam Altman.
First Mover Americas: SEC Sues Kraken; Binance Faces $4B Settlement
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.