Binance brings Bitcoin trading fees to zero
Binance will cut Bitcoin (BTC) trading fees to zero worldwide on July 8, to coincide with the exchange’s five-year anniversary. It will remain in place until further notice. Zero-fee trading will cover the following 13 spot trading pairs: BTC/AUD, BTC/BIDR, BTC/BRL, BTC/BUSD, BTC/EUR, BTC/GBP, BTC/RUB, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDP and BTC/USDT. [Read more]
A paper by Chris Brummer and Agnes N. Williams highlights, with respect to decentralized finance (DeFi) in a U.S. context, the ambiguities inhabiting legacy disclosure obligations and offers a conceptual roadmap for assisting developers and regulators. Furthermore, it introduces a series of crypto-native tools to modernize disclosure delivery in DeFi systems. [Read more]
The decentralized finance (DeFi) dead pool
Last week I started a list of articles about the DeFi dead and dying and I’ve continued to add more, including some on collateral damage:
- Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis (July 6 on Coindesk)(New)
- Three Arrows Capital sinks, sucking down cash and investors alike (July 5 on CoinGeek)
- The sinking of Voyager (July 3 by Frances Coppola)
- Who had Voyager Digital next in the DeFi dead pool? (July 2 by Amy Castor and David Gerard)
- Crypto collapse latest: the DeFi dead and dying list (June 30 by Amy Castor and David Gerard)
Upcoming events I’m affiliated with:
The CBDC Think Tank, in partnership with the International Monetary Fund and George Washington University, is hosting a full-day in-person CBDC Masterclass on October 12 in Washington DC. The sessions are designed as instructional deep dives with full presentations and Q&A components. [Register here]