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DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange
15.2.2023
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...
Expect the SEC to use its Kraken playbook against staking protocols
14.2.2023
Some observers have suggested the SEC’s action against Kraken will push users toward DeFi protocols. The reality is that the SEC is coming for those as well
Czhang Lin Explains the Investment Strategy of LBank Labs in Web3
14.2.2023
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their...
Pantos, Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version
14.2.2023
The launch by Pantos, backed by the Austrian crypto exchange Bitpanda, follows a $12.1 million initial coin offering in 2018
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude
14.2.2023
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits...
SEC and CFTC's Lawsuits against Sam Bankman-Fried Put on Hold by U.S. Judge – Here's Why
14.2.2023
A New York judge has put cases against the former FTX CEO brought by the Securities and Exchange Commission and the Commodity Futures Trading Commission on hold until the criminal cases against him are concluded....
Read More: SEC and CFTC's Lawsuits against Sam Bankman-Fried Put on Hold by U.S....
Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium
14.2.2023
With the €4 million ($4.3 million) acquisition, the Estonia-based crypto exchange Coinmetro intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens
Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
14.2.2023
The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” and that the creators of the nine tokens, that are at the centre of the insider trading case, are not linked to the case
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
14.2.2023
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
14.2.2023
Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security
13.2.2023
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission (SEC) against Paxos, the issuer of Binance USD....
Coinbase CEO invites DC residents over for ice cream and crypto talk
13.2.2023
Brian Armstrong said he had about an hour at the Dirksen Senate Office in Washington, D.C. to “chat about crypto” and enjoy low sugar food at the building's snack bar
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...
Coinbase tweets sharp clarifications towards SEC’s claims
13.2.2023
Coinbase clarifies all the assertions and questions that have so far been raised by the SEC on its staking services. Taking it for securities or any other similar service is based on the grounds that have been finally moved by Coinbase. Brian Armstrong and Paul Grewal took to Twitter to share...
Coinbase CEO Brian Armstrong Ready to Defend Staking in Court if Necessary
13.2.2023
Coinbase CEO Brian Armstrong has said the exchange's crypto staking services are not securities, adding that he is willing to defend this in court.
“Coinbase's staking services are not securities. We will happily defend this in court if needed,” Armstrong said in a Twitter post on Sunday....
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
13.2.2023
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move
US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
13.2.2023
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims in the United States. The research also shows that the majority of lawsuits came from the U.S....
Breaking: Paxos to face SEC lawsuit over Binance USD: Report
13.2.2023
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security