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Coinbase Launches 4% Rewards Program For USDC, Despite SEC Regulatory Challenges
Friday, June 16, 2023 - 11:54am | 442Read More...Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) on Friday announced that its global customers can now earn 4% rewards on USD Coin (CRYPTO: USDC). The move comes despite the ongoing scrutiny Coinbase faces from the U.S. Securities and Exchange Commission (SEC). USDC, a...
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Users Want Transparency From Binance, Kraken And Bitget After FTX Collapse: Nansen
Thursday, June 15, 2023 - 11:02am | 375Read More...According to Nansen, cryptocurrency users are demanding more transparency and enhanced protection measures from Kraken, Bybit, Bitget and other CEXs, or centralized exchanges. Since FTX collapsed, exchanges have increased their protection efforts, or started offering so-called Proof of Reserves....
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SEC Goes For The Knockout With Binance, But Judge Isn't Having It, Orders Mediation On Asset Freeze
Wednesday, June 14, 2023 - 3:07pm | 458Read More...A federal judge in the United States has mandated that cryptocurrency exchange Binance (CRYPTO: BNB), its U.S. branch Binance.US and the Securities and Exchange Commission partake in a mediation conference Wednesday. The aim is to negotiate and reach an agreement regarding operational...
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FTX Founder Sam Bankman-Fried Gets Green Light For Legal Review In Bahamas Court
Wednesday, June 14, 2023 - 11:26am | 534Read More...The legal proceedings against Sam Bankman-Fried, the founder of FTX (CRYPTO: FTT) crypto exchange, in the U.S. hit a roadblock as the Bahamas Supreme Court ruled in favor of allowing him to legally review the terms of his extradition from the Caribbean nation. This development came to light on...
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Uniswap's V4 Sneak Peek: A New Chapter In Decentralized Exchanges With The Introduction Of 'Hooks'
Tuesday, June 13, 2023 - 4:36pm | 453Read More...Uniswap Labs (CRYPTO: UNI) has unveiled a sneak peek into the draft code of Uniswap V4, which brings to the table an innovative feature called “hooks” or plugins, which empower developers with the ability to design tailor-made liquidity pools. Renowned as the globe’s biggest...
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FTX Mastermind Sam Bankman-Fried Might Evade Justice For Years
Tuesday, June 13, 2023 - 12:13pm | 523Read More...The trial against Sam Bankman-Fried, the co-founder of FTX (CRYPTO: FTT), might face considerable delays if additional charges are brought against him, according to statements from his legal representatives. The additional charges could postpone the proceedings initially scheduled for October ...
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Cardano And Solana Counterattack Against SEC's Classification Of Cryptocurrencies As Securities
Friday, June 9, 2023 - 11:45am | 633Read More...IOG, the company behind the development of Cardano (CRYPTO: ADA), and the Solana Foundation (CRYPTO: SOL), have rebutted claims by the U.S. Securities and Exchange Commission (SEC) suggesting that their native tokens could be classified as a security. This comes in the wake of the SEC's...
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Binance Under Siege: Senate Titans Rally For A Justice Department Takedown
Thursday, June 8, 2023 - 1:08pm | 460Read More...Two U.S. senators, Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.), have urged the Department of Justice to look into allegations that Binance Holdings Ltd. (CRYPTO: BNB) may have been dishonest about its operations and structure in communications with lawmakers. Questions Raised About...
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Binance.US Nukes Several Trading Pairs Amid SEC Lawsuit: What Crypto Investors Need To Know
Wednesday, June 7, 2023 - 3:36pm | 565Read More...Binance.US is suspending trading services for several crypto tokens effective Thursday in response to a lawsuit filed by the U.S. Securities and Exchange Commission. The lawsuit, which accuses the company and its management of offering unregistered securities, marks an escalation in...
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Coinbase CEO's War Cry After SEC Sues Crypto Exchange: 'We'll Get The Job Done'
Tuesday, June 6, 2023 - 3:45pm | 472Read More...Coinbase (NASDAQ: COIN) CEO Brian Armstrong is holding firm Tuesday in a legal battle with the Securities and Exchange Commission expressing his determination to "get the job done" in the face of the regulatory agency's lawsuit. Armstrong responded to the SEC complaint filed...
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Goldman Sachs Examines Bitcoin And Ether 'Profit-Taking,' On-Chain Metrics In May
Tuesday, June 6, 2023 - 11:52am | 383Read More...Goldman Sachs (NYSE: GS) has presented a nuanced analysis of the on-chain metrics for Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) for the month of May. The dynamics of Ether balances stayed mostly steady across various group cohorts. However, there was a noticeable 31% month-over-month...
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Art And Money: Met Museum Coughs Up $550K From Shuttered FTX
Monday, June 5, 2023 - 4:34pm | 332Read More...The Metropolitan Museum of Art in New York has announced its intention to refund $550,000 of donations received from FTX (CRYPTO: FTT), a now-defunct cryptocurrency exchange. The museum has committed to the full repayment of the funds, initially donated by FTX's U.S. branch, West Realm...
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Feeling Unprotected In Crypto? Evertas Steps Up With Massive $420M Insurance
Monday, June 5, 2023 - 4:20pm | 309Read More...Cryptocurrency insurance firm Evertas has been granted authorization to provide coverage of up to $420 million per policy, a dramatic increase from its previous cap of $5 million. Arch Insurance International, a syndicate of the renowned Lloyd's of London, sanctioned Evertas to...
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The Hidden Puppeteer: Binance's Alleged Covert Control Over Binance.US Accounts Draws Scrutiny
Monday, June 5, 2023 - 10:13am | 717Read More...High-ranking Binance executive Guangying Chen, a trusted ally of Binance CEO Changpeng Zhao, was the principal controller of five bank accounts associated with the supposedly autonomous U.S. subsidiary of the colossal crypto exchange, Binance.US, according to disclosed bank records. Among these...
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Binance's Australia Shake-Up: Are AUD Bank Transfers Gone For Good?
Friday, June 2, 2023 - 10:37am | 444Read More...Binance Australia announced it will halt Australian Dollar (AUD) bank transfers. Consequently, trading pairs with AUD on Binance have been suspended as of June 1. This move inhibits the ability of Binance users in Australia to make deposits or withdrawals in AUD through bank transfers....
















