Paxos ordered to cease Binance USD minting
Paxos ordered to cease Binance USD minting
What a nice weekend it was (weather wise!). Paxos has been ordered to cease Binance USD minting by the SEC. Coinbase’s CEO says they will fight in court over their staking services. Large fund says we’re in a bull market.
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
Paxos is getting sued by the SEC because of BUSD
BUSD and Paxos ended relationship
Namecheap’s email account was compromised resulting in an email flood of Metamask phising attempts
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
Osmosis (+143): Mars Protocol launched the Red Bank making lending and borrowing available for a couple Osmosis coins
Akash Network (+160): Discussion going around about when they launch GPU marketplace and support
Casper Network (+164): Announced Casper Accelerate Grant, a $25M grant program for blockchain
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
Trending from yesterday 👍
It has been four years since SEC has given any guidance on crypto regulation
Coinbase says Kraken news will not affect their staking program
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
Paxos is getting sued by the SEC for their involvement with BUSD
Brian Armstrong, CEO of Coinbase, says they will happily defend in court that their staking services are not securities
NameCheap’s email hacked, which lead to mass phishing emails from Metamask and DHL
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