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Coinbase CEO Brian Armstrong Says He Was Met With an “Icy Reception” When Chatting With SEC’s Gensler
7.6.2023
Coinbase CEO Brian Armstrong said he was met with a “pretty icy reception” when chatting with Securities and Exchange Commission Gary Gensler about registering his exchange.
Armstrong said the exchange tried to get a meeting, and did meet virtually at some point.
“But unfortunately, it...
Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase
7.6.2023
Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the trading platforms are unregistered securities....
‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
7.6.2023
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support
Bitcoin Price Prediction as BTC Rallies Up 7% After SEC Fears Wane – Time to Buy?
7.6.2023
Bitcoin experienced a significant price surge, rallying up by 7%, as concerns surrounding the SEC's regulatory actions began to subside.
This positive development has left investors wondering whether now is the opportune time to enter the market and invest in Bitcoin.
With the recent surge...
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
Coinbase
Unraveling the Crypto Crisis: Timeline of Major Incidents
7.6.2023
The regulatory crackdown on crypto in the US has certainly intensified with the Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase, but our timeline shows that the crisis has already been ongoing for a long time.
These are the major incidents that shaped crypto in 2022...
Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
7.6.2023
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were...
Crypto Billionaires Lose Big Amid SEC's 2023 Crackdown on Binance and Coinbase
7.6.2023
Crypto billionaires have been hit hard by the Securities and Exchange Commission's crackdown on Binance and Coinbase, incurring huge losses so far this week.
Binance CEO Changpeng Zhao, known as CZ, has seen his net worth shrink by $1.4 billion to $26 billion, while Coinbase CEO Brian Armstrong...
The SEC Is Fighting the Last War
7.6.2023
SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not
US District Court issues summons for Binance CEO Changpeng Zhao over SEC action
7.6.2023
According to the summons, CZ’s current residential address is in the Mediterranean island nation of Malta
Binance.US To Remove Over 100 Trading Pairs by Thursday Days After SEC Charges
7.6.2023
Binance.US has decided to remove over 100 trading pairs by June 8, days after the Securities and Exchange Commission sued Binance and its CEO.
Those trading pairs, which are assets that can be traded for each other on an exchange, included AAVE/USDT, SUSHI/USDT, POLYX/USDT, FLOW/USDT, ATOM/BTC...
Evidence in SEC suit includes 2022 testimony of Binance.US’ long silent ex-CEO
7.6.2023
Catherine Coley left social media and the CEO job, but the SEC brought her in to testify the following year
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
7.6.2023
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
7.6.2023
In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks...
Security or not, Ethereum price looks poised to hold the $1.8K level based on 3 key metrics
7.6.2023
Ethereum could eventually fall afoul of the SEC, but at the moment, key data points suggest ETH is poised to hold the $1,800 level
Bitcoin, Ether Trade at Premiums on Binance.US as Investors Flee Following SEC Actions
7.6.2023
The U.S. Securities and Exchange Commission was seeking to freeze assets on Binance.US after suing the exchange and its global sister-entity Binance, CoinDesk reported Tuesday
ARK Invest CEO Cathie Wood Ups Her Stake in Coinbase Following SEC Lawsuit
7.6.2023
Ark Invest CEO Cathie Wood upped her stake in Coinbase after a US regulator accused the exchange of operating unlawfully.
Three Ark Investment Management LLC funds, including Wood’s Ark Innovation ETF, bought 419,324 shares of Coinbase on Tuesday, according to Bloomberg News, citing its data. ...
SEC Chair Gensler Likens Binance to FTX, Expresses Concern Over Crypto Industry
7.6.2023
Gary Gensler – chairman of the U.S. Securities and Exchange Commission (SEC) – sees “parallels” between Binance and its failed competitor FTX’s handling of customer assets.
During an interview with Bloomberg on Tuesday, the chairman said financial advisors should not look to Binance as...
Binance Coin is Going to Zero as the SEC Clamps Down on Crypto Exchanges but Eco Friendly Project Ecoterra Just Hit $4.8 Million – What's Going On?
7.6.2023
As the aftermath of the seismic SEC v. Binance lawsuit sinks in, crypto markets are reeling at the mass enforcement move by the SEC which has raised major red flags around big projects such as BNB, SOL, MATIC, and ADA.
Among the worst hit, BNB suffered a sudden -17% cascade as traders took stock...
US SEC Files an Emergency Motion in DC Court To Freeze Binance.US Assets — What’s in It?
7.6.2023
The US Securities and Exchange Commission filed an emergency motion on Tuesday evening seeking a temporary restraining order freezing assets of Binance’s US platform.
The regulator filed an emergency motion for a temporary restraining order in the US District Court for the District Court...