SEC and Binance.US to negotiate deal avoiding total asset freeze
U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise. Binance.US and the United...
Day: June 13, 2023
Binance CEO Changpeng Zhao denies rumors of selling Bitcoin to bolster BNB
While several theories emerged, the Binance CEO asserted that no BTC or BNB trading activity is happening behind the scenes....
SEC asks for more time to respond to Coinbase call for crypto clarity
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action...
Cybernetic organizations — BORGs — are doomed to fail
Cybernetic organizations automate decision-making so that DAO actions can be taken without proposals — implementing law through code. What makes...
Hong Kong and US aim for stablecoin regulations by 2024
The U.S. is currently working on stablecoin market regulations, introducing three drafts of the bill by the first week of...
North Korean hackers swipe over $100M from Atomic Wallet users
According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. Atomic Wallet,...
Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says
John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress...
SEC hears from Blockchain Assoc., House Republicans on ‘exchange’ definition proposal
More opposition has come in at the last minute to the year-old proposal reimagining the SEC’s definition of a securities...
Footwear conglomerate Puma launches 3D Web3 experience
The experience is designed for everyone, but Puma Pass holders gain access to exclusive perks. On June 13, German footwear...
SBF seeks to sever new charges from trial, says proceedings may take ‘years’
The U.S. cannot try Sam Bankman-Fried for the charges until a lengthy appeals process in the Bahamas has been exhausted,...
US lawmaker invokes SEC lawsuits in considering crypto regulatory framework
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework "could reward bad actors with a...
Why Bitcoin’s resistance to retesting the $25K support could be futile
Bitcoin’s price continues to explore the lower regions of its trading range, but a drop to $25,000 seems nearly inevitable,...
Investing in Cryptocurrencies as a College Student: Embarking on a Path to Wealth
Crypto has attracted the attention of individuals from various backgrounds, including college students. As digital assets gain prominence, understanding the...
Jump Trading Pushes for Speedy Resolution by Relocating Terra Class Action Suit to California
Jump Trading wants to move a lawsuit from Illinois to a court in Northern California. The company, which offers high-frequency...
SEC Chairman Gary Gensler’s 2018 Video Contradicts Current Cryptocurrency Views
Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), is cited in a video that has been...
