CZ Says No to SBF: Binance Rejects $40M Lifeline to FTX
Binance CEO Changpeng Zhao once turned down a $40 million funding request from Sam Bankman-Fried for a futures exchange, according to the new FTX book by Michael Lewis.
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El Salvador Launches First Bitcoin Mining Pool with Volcano Energy
El Salvador’s Volcano Energy renewable Bitcoin mining project begins operating its first local mining pool in partnership with Luxor Technology.
Google’s new Pixel Phone Gets Smarter with AI Upgrades
Google announced new AI-powered Pixel phones and previewed its Bard assistant with advanced conversational abilities at its annual fall event.
Former MIT Alum Launches DRAM Stablecoin on Uniswap, PancakeSwap
A SoftBank executive and MIT alum has launched a stablecoin backed by the UAE dirham to provide inflation-ravaged countries asset exposure.
Binance Ends BUSD Lending Services by Oct 25
Crypto exchange Binance will stop its borrowing and lending services for stablecoin BUSD by the end of October.
Ripple Receives Singapore Payments License Approval
Ripple has received a full license to operate as a major payments firm in Singapore from the central bank after initial approval in June.
Osmosis Brings Bitcoin to Cosmos with Nomic Bridge Integration
The largest DEX on Cosmos, Osmosis, will enable Bitcoin transfers to the network in collaboration with Nomic and Kujira. Users can bridge BTC to Cosmos as nBTC at a 1.5% fee.
Crypto Community urges Elon Musk to Remove Fake Satoshi ‘X’ Account
Members of crypto Twitter are urging Elon Musk to delete an account impersonating Bitcoin’s creator Satoshi Nakamoto, claiming it violates platform rules.
Japan’s Goal to Lead Crypto and Web3 Technology Globally
Japan is working to position itself as a global crypto and Web3 leader through pro-growth policies, worrying rival South Korea.
Binance Helps Retrieve $277M from Thai Crypto Scammers
Thailand police retrieved over $277M in stolen crypto funds with help from the Binance exchange, arresting a criminal gang behind pig butchering scams.