Binance CEO CZ has denied accusations of market manipulation in the cryptocurrency industry. In response to recent claims, CZ stated that Binance operates with transparency and integrity and that the company does not engage in any unethical or illegal practices.
Sotheby's, the prestigious auction house, faced a setback when a glitch forced them to pause their NFT auction. Adding to the issue, an artist withdrew their artwork from the auction in protest over the lack of female artists.
According to a recent report, a banking crisis in the United States has caused over $286 billion to flow into money market funds in just two weeks. This influx of cash into money market funds highlights the growing concern over the safety of the banking system and the need for more secure investment options.
Mike Novogratz, a prominent figure in the cryptocurrency space, has called for a truce between the Bitcoin and Ethereum communities. He believes that the two communities need to come together and work towards a common goal in order to drive the growth and adoption of cryptocurrency.
Do Kwon, the co-founder of Terraform Labs, a blockchain company behind the stablecoin UST, has reportedly been arrested in Montenegro. The reason for his arrest remains unclear. The incident has raised concerns among the cryptocurrency community, as Terraform Labs has been a significant player in the DeFi space.
SushiSwap's leader has received a subpoena from the SEC, leading the group to establish a $3 million legal defense fund. Learn more about the latest developments involving this popular decentralized exchange.
Starting from Monday, New York Community Bancorp's Flagstar Bank, N.A. will take over the operations of the 40 former branches of Signature Bank. The FDIC will directly provide digital banking business deposits to these customers.