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Binance US Halts USD Deposits, Withdrawals — Asks Users to Withdraw Dollars by June 13
10.6.2023
Binance US has informed its users that U.S. dollar deposits have been suspended and USD withdrawals will no longer be processed. The crypto exchange has asked customers to withdraw dollars by June 13 as it transitions into a crypto-only trading platform. The move followed a lawsuit against...
Best Crypto to Buy Now 9 June – Immutable X, Render, Stacks
10.6.2023
The cryptocurrency industry is in turmoil, with Coinbase and Binance experiencing a massive outflow of over $4 billion in recent days.
This is due to the allegations by the SEC of federal securities law violations, leading to a significant number of users leaving these exchanges.
Given these...
Robinhood to Delist Cardano, Solana, and Polygon Amidst SEC Regulatory Pressure
9.6.2023
Fintech and crypto firm Robinhood has announced the delisting of cardano (ADA), solana (SOL), and polygon (MATIC) on June 27, 2023. This development comes after the publicly-listed company revealed that it was “actively reviewing” its coin listings in the wake of recent U.S....
COZ and Degenz․wtf Join Forces to Launch a Physical NFT Collection for ‘Shadow Brother Sunday’ at Tribeca Festival
9.6.2023
PRESS RELEASE. FORT COLLINS, CO / June 9, 2023 – COZ, a pioneering community in the blockchain industry, is excited to announce its collaboration with Degenz.wtf, a leading advisory firm, to support Alden Ehrenreich’s directorial debut, Shadow Brother Sunday, with legendary filmmaker Francis Ford...
Breaking: Binance.US Halts USD Deposits, Must Withdraw by June 13 But Major Outage Reported
9.6.2023
Binance.US is halting USD deposits and has warned users to withdraw all US dollar funds by June 13th, although its dollar withdrawal service is currently not working.
Also, all USD trading pairs will be removed next week....
Read More: Breaking: Binance.US Halts USD Deposits, Must Withdraw...
Best Crypto to Buy Now 8 June – Stacks, Lido DAO, Bitget
9.6.2023
U.S. Securities and Exchange Commissioner Chair Gary Gensler emphasized the importance of regulatory compliance in the crypto industry today at the Piper Sandler Global Exchange & FinTech Conference, rejecting any idea of preferential treatment for cryptocurrencies.
He challenged claims...
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
Bitget Unveils Martingale AI: The AI-Infused Trading Tool for Crypto Traders
8.6.2023
On June 7, 2023, Bitget, a Seychelles-based platform for crypto derivatives and copy trading, announced the launch of Martingale AI, an AI-infused trading tool. The new feature enables novice crypto traders to utilize strategies developed by AI. Bitget’s Martingale AI: A New AI-Centric Tool...
iFX EXPO Asia 2023 returns to Bangkok with only a few weeks to go until the event gets underway
8.6.2023
The countdown is on for the latest edition of iFX EXPO, the largest B2B expo for the financial sector, which returns to Bangkok for the second time, following on from last year’s event, which proved to be a resounding success. iFX EXPO Asia 2023 takes place once again at Centara Grand &...
Nike NFTs are coming to EA Sports games: Nifty Newsletter, May 31–June 6
7.6.2023
Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang to learn how NFTs can be used as digital wallets through ERC-6551
Best Crypto to Buy Now 7 June – Optimism, ApeCoin, Lido DAO
7.6.2023
The U.S. House Financial Services Committee will hold a hearing on June 13 on the topic of cryptocurrencies, potentially giving more clarity to the markets.
The committee oversees matters like the Federal Reserve Board, the US Treasury, and currency.
How might this affect the cryptocurrency...
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions
7.6.2023
U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer...
Fintech Talents North America returns to New York this June
7.6.2023
Fintech Talents North America returns for its 4th edition, live and in-person, at the Convene in New York this June. Since the inaugural event, it has featured content focused on the pivotal role Credit Unions and Community Banks play, and this year’s event, on June 20, is no different. Join...
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
7.6.2023
Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitcoin outflows of around 15,438 BTC worth more than...
Best Crypto to Buy Now 6 June – Bitget, Quant, Kava
7.6.2023
Coinbase, one of the leading cryptocurrency exchanges globally, faces a lawsuit from US regulators, hot on the heels of similar legal action against Binance, another industry heavyweight.
The Securities and Exchange Commission (SEC) accused Coinbase of operating illegally without prior...
Unigrid Secures $25M Investment Commitment from GEM Digital, Partners WeSendit, Targets Cloud Giants
6.6.2023
PRESS RELEASE. June 6th, 2023: Unigrid, a pioneering force in the development of a decentralized and anonymous Internet, is excited to announce a significant milestone, a new strategic partnership, and an ambitious market positioning. Unigrid has recently secured a $25 million investment commitment...
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
6.6.2023
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to major exchanges & blockchain analytics to trace...
Best Crypto to Buy Now 5 June – Decentraland, Solana, The Sandbox
6.6.2023
The U.S. Securities and Exchange Commission announced today that it has filed charges against Binance, the world’s largest cryptocurrency exchange, for violating federal securities laws.
The SEC alleges that Binance mismanaged billions of dollars of client funds and deceived regulators...
How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
5.6.2023
There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence