
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

To Watch This Week
AIRDROPS + ALPHAMay 11, 2022

Coins
Crypto Exchanges ‘Trading Against Their Customers,’ Says SEC Chair Gensler
Securities and Exchange Commission chair Gary Gensler leveled sharp criticism at cryptocurrency exchanges and stablecoins during an interview on Tuesday. Gensler took issue with the fact that many of the largest cryptocurrency exchanges run custody, market-making, and trading services without keeping them separate the way traditional exchanges are required to. “Crypto’s got a lot of those challenges—of platforms trading ahead of their customers,” Gensler told Bloomberg. “In fact, they’re trading...
Apr 27, 2022

Business
Coinbase Lists Competitor Binance’s Stablecoin BUSD
Coinbase has listed Binance USD (BUSD), the crypto exchange’s U.S. dollar-backed stablecoin, for trading on the Ethereum network. That makes it the eighth stablecoin to be offered by Coinbase, joining Tether (USDT), USD Coin (USDC), TerraUSD (UST), Dai (DAI), Paxos Standard (PAX), Rai Reflex Index (RAI), and mStable USD (MUSD). BUSD is Binance’s stablecoin project, created in partnership with Paxos, which custodies the coin’s reserves. At the time of this writing, BUSD was the 10th most popular...
Sep 10, 2021

Long Reads
Stablecoins: What Are They Good For?
Stablecoins are at the heart of some of the biggest controversies in the crypto industry today—and yet more of them keep coming. On an almost weekly basis, companies and protocols keep announcing new stablecoin moves. So, what’s behind the boom? A stablecoin is a type of cryptocurrency intended to have a stable (or relatively stable) price, typically pegged to the value of a government-issued currency like the U.S. dollar. The appeal is clear: enter the cryptocurrency market while avoiding the v...
Apr 22, 2021

Business
Binance's Tesla and Coinbase Stock Tokens Attract Regulatory Scrutiny
European regulators are taking a good look at new stock tokens which track the performance of Tesla and crypto exchange Coinbase, according to a report in the Financial Times today. The tokens were launched earlier this month by rival crypto exchange Binance. The UK’s Financial Conduct Authority (FCA) is among the regulators working with Binance to investigate whether the exchange complied with securities rules before launching its token, as per the FT. Binance Will List Coinbase Stock Token (C...
May 27, 2020

DeFi
Binance stablecoin jumps in the Kyber Network DeFi pool
Kyber has added another stablecoin to its platform, bringing new liquidity to the industry leading liquidity protocol. Binance, the world’s largest digital asset exchange by trading volume, announced today that the BUSD stablecoin will be immediately available for trading on the Kyber Network, including nearly 100 dapps with Kyber integration. 🆕️Token Listing: BUSD@binance USD (BUSD) is now available on Kyber Network!$BUSD is accessible through @KyberSwap and other DApps and platforms that are...
Apr 27, 2020

Coins
BitPay broadens crypto payment options with Binance stablecoin
Crypto payments company BitPay is adding to the list of cryptocurrencies its platform supports. The firm today announced it has now integrated Binance’s stablecoin, BUSD. This means that BitPay customers can now accept BUSD as a method of payment. They can also purchase BUSD through Binance or any other exchange where the stablecoin is listed. Support for BUSD goes live today through the BitPay wallet, which boasts nearly two million users. BitPay merchant support will also go live by the end...
Mar 25, 2020

Business
Binance starts $5 million campaign to fight coronavirus
Today, Binance Charity, the blockchain-powered donation platform launched by major cryptocurrency exchange Binance, has launched a Coronavirus Relief Campaign. It aims to collect $5 million in cryptocurrencies like Bitcoin, XRP, Binance Coin and Binance USD, to give to coronavirus relief efforts. #Binance Charity Initiates $5 Million USD Coronavirus Relief Campaign with Donation Matching Commitment@Binancebcf:🔸$1.4M already donated🔸$1M new donation🔸Match donations up to $1M🔸$2M social campa...
Oct 21, 2019

Business
Binance lists new trading pairs for BUSD, including XRP and ETH
Binance today announced new pairings for BUSD, its dollar-pegged stablecoin. BUSD can now be traded for XRP, Litecoin, Ethereum, Ethereum Classic, Bitcoin Cash ABC, and Chainlink. BUSD launched last month as part of a partnership with Paxos, which is best known for creating its own stablecoin. In its agreement with Binance, Paxos issues the coin and looks after the reserves of dollars. BUSD can also also be traded for BNB and Bitcoin. BUSD has regulatory approval by the New York State Departme...