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...
Month: June 2023
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...
Binance vs. SEC: Crypto industry debates ‘Tai Chi’ vs. ‘Operation Chokepoint 2.0’
The SEC lawsuit comes just months after the CFTC lawsuit against Binance, mounting its regulatory woes in the United States....
AI could threaten humanity in 2 years, warns UK AI task force adviser
The U.K. prime minister’s AI task force adviser said large AI models would need regulation and control in the next...
AI should be regulated like medicine and nuclear power: UK Labour Party MP
A front-bench member of the United Kingdom’s opposition Labour Party says artificial intelligence should be licensed and regulated similarly to...
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches. Venture capital...
