Paxos Trust Company will pay $26.5 million to the NYDFS. This payment settles allegations over its former compliance with Binance. In its cease and desist order, the New York financial services regulator claimed that Paxos Trust also failed to exercise sufficient due diligence over Binance. This penalty addresses violations resulting...

Ripple has always been at the forefront of groundbreaking cryptocurrency use cases. With the launch of its permissioned decentralized exchange (DEX) on the XRP Ledger (XRPL), Ripple is addressing one of the most significant challenges hindering institutional adoption of DeFi: regulatory compliance. This article explores Ripple’s newest endeavor. In this...

The first three months of 2025 have certainly been a blur for the fledgling cryptocurrency industry. Though investors have experienced the heights of this new extreme volatility, with Bitcoin achieving multiple new all-time highs only to succumb to a harsh retracement. Ethereum, the second largest by market capitalization, wiped out...

The crypto world feasts on drama, and the recent CZ-Dingaling saga was a delicious crumpet of clickbait theatre. CZ, the head honcho at Binance, publicly accused Dingaling, a prominent NFT whale, of being a former Binance employee fired for insider trading and a "fake CRO." Dingaling's response? Crickets. This silence,...