Binance will make a "full withdrawal" from the U.S. as part of its agreement with FinCEN and appoint a monitor for 5 years to oversee the sanctions compliance program. - During that time, the U.S. Treasury Department will have access to Binance's data and systems. - "We are not just prosecuting egregious behavior... but we are also... removing Binance from the United States entirely". It's official: CZ is stepping down as Binance CEO The exchange's new CEO will be (Richard Tang, the former global head of regional markets. Binance reported that they have reached an agreement with several US agencies regarding their investigations. With this deal, the exchange will be able to continue normal operations and avoid further prosecutions from the US. Reuters state that the company will pay $1.81 billion over 15 months and another $2.51 billion as part of the agreement with the US DOJ. Zhao himself is expected to pay $50 million.

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🟧 #2 Arbitrum vs. Optimism From the community side, Arbitrum does not have a decentralized autonomous organization (DAO) system. Offchain Labs fully govern it. In contrast, Optimism has a DAO governance system called Optimism Collective. The holders of the Optimism native token (OP) have the right to participate in decision-making to determine the development of the protocol.

🕵️‍♂️ Van Gogh NFTs sell for millions as tokens moon again Two tokenized versions of Dutch artist Vincent van Gogh’s paintings have reportedly been sold for more than $2.5 million combined. Data from on-chain aggregator CryptoSlam.io shows that a non-fungible token (NFT) rendition of a painting by Van Gogh has changed hands for $1.3 million. The transaction comes only a day after another Van Gogh-inspired NFT sold for $1.27 million. Auction records reveal that the digitized paintings, number 132, fetched a sum of 35.9999 BTC or $1,313,635, while number 283 was sold for 34.9999 BTC, translating to $1,275.612 on the Bitcoin network.