SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and...
Day: June 6, 2023
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median...
Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it's "fully operational" and called the SEC's motion "unwarranted." Crypto exchange Binance.US responded to the new...
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to...
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it...
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. The United States Securities and Exchange...
Kraken fixes gateway issues after brief delay in withdrawals
Major crypto exchange Kraken investigated an issue with crypto funding gateways, including BTC, ETH, and ERC-20, with users experiencing delays...
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need...
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market...
Google Cloud launches free courses to help users build their own GPT-style AI
The new corpus includes nine courses and a set of labs that students can complete to earn a Google Cloud...
Small business lending protocol Defactor tokenizes $100M in bonds
The bonds are tokenized on Polygon using the ERC-3643 token standard. On June 6, decentralized finance (DeFi) lending platform Defactor...
Facebook Co-Founder Eduardo Saverin Explores Raising $500 Million Venture Capital Fund, Aims to Unleash New Investment Opportunities
Facebook co-founder Eduardo Saverin is considering plans to set up a $500 million venture capital fund. This comes as the...
SEC Files Lawsuit Against Coinbase for Unregistered Crypto Broker Activity
The United States Securities and Exchange Commission (SEC), the top regulator on Wall Street, has made another run on its...
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
The full Agriculture Committee heard testimony from CFTC Chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief...
SEC sues Coinbase for breaking US securities rules
The SEC lawsuit alleges that Coinbase operates as an unregistered securities exchange, broker and clearing agency. The United States Securities...
