US crypto firms spent more on lobbying in 2023 than before FTX collapse: Report
Government transparency group Open Secrets reported U.S. crypto firms spent roughly $19 million on lobbying from January to September 2023. Go to Source
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Binance VIP traders got sneak peak of US settlement: Report
At an exclusive dinner in Singapore, certain Binance executives reportedly told traders about the pending settlement with U.S. officials, allowing the exchange to stay in business. Go to Source
KuCoin pledges $20K grant to TON Foundation for ecosystem development
The funding will support TON ecosystem projects, research and development efforts, community-building and marketing activities. Go to Source
Bitcoin ETFs, user experience will drive adoption — eToro CEO
Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market. Go to Source
Bitcoin for Christmas: MicroStrategy buys another $600M
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726. Go to Source
Binance will end support for BUSD stablecoin in December
Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Go to Source
Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. Go to Source
Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21. Go to Source
X restricts Changpeng Zhao’s account after name change removes ‘Binance’
The former Binance CEO speculated X’s bot detection algorithm “needs some work” after the platform implied he “potentially violated the X Rules” by changing his profile name. Go to Source
No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen
Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion. Go to Source
