Markets

VOYAGER Digital won court approval to sell its crypto platform to Binance.US for US$20 million as part of Voyager’s plan to liquidate in bankruptcy.

THE brother of a former Coinbase Global product manager was sentenced to 10 months behind bars for his role in a scheme to trade on inside information about when the cryptocurrency exchange was going to list new tokens.

WELLS Fargo & Co will slim down its home lending business by reducing its mortgage servicing portfolio and exiting the correspondent lending business, the company said on Tuesday. “We are making the decision to continue to reduce risk in the mortgage business by reducing its size and narrowing its focus,”...

BINANCE Holdings, the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin’s reserves which at times led to more than US$1 billion in missing collateral, according to one analysis.