The high-profile closing of a Shanghai office used by the Binance exchange in late November appears to have been an early example of China’s latest crackdown on cryptocurrency trading.
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Binance to The Block: STFU and let us do business in China
The Block’s Larry Cermak opened a can of worms in explaining how Chinese citizens can use Alipay and WeChat, which ban cryptocurrency transactions
Did the CEO of Binance, one of the largest cryptocurrency exchanges, threaten cryptocurrency media site The Block over a trio of tweets detailing how banned peer-to-peer cryptocurrency trading really happens in China?
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Bitfinex’s new tactic: Attack journalists
Tether’s sister company goes after reporter who published something they didn’t like
Bitfinex, the embattled exchange with a reputation for opaqueness, has taken on a combative approach against journalists—specifically, targeting one from a big name in crypto reporting. About a week ago, CoinDesk’s David Floyd began focusing on the crypto soap opera that is Bitfinex and Tether. On October 19, he wrote a piece about how traders were moving their Tether tokens on to Kraken. It appears those traders were then selling their tether for U.S. dollars because the exchange rate touched a low of 85 cents. “With users apparently unable to convert their USDT into dollars in the way envisioned by Tether’s white paper, they seem to be trying to accomplish…
