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Documents Reveal Binance.US Suffered a $181 Million Loss in 2022
8.6.2023
Binance’s US branch, Binance.US, was deeply unprofitable in 2022 and lost as much as $181 million for the year, a new filing made by the Securities and Exchange Commission (SEC) has revealed.
The loss came despite Binance.US receiving some $132 million last year from its parent company...
Blockchain Comes to Internet Browsers: ENS to Launch .box Web Domains in September
8.6.2023
The leading Web3 identification project, Ethereum Name Service (ENS), is launching a new domain name extension dubbed .box in September 2023.
The lead developer of ENS, Nick Johnson, shared this update on Twitter on June 7 noting that the upcoming development would be the first blockchain-native...
SEC Chair Gensler’s Alleged Past Interest in Advising Binance Surfaces Amidst Legal Battle
8.6.2023
Lawyers for Binance claim that current U.S. Securities and Exchange Commission (SEC) chair Gary Gensler once sought to become an advisor for the exchange back in 2019. This purported application occurred while Gensler was teaching at the Massachusetts Institute of Technology (MIT) and coincided...
Gen Z Investors Favor Crypto, But Experts Warn of Potential Risks
8.6.2023
Crypto is the top choice for Gen Z investors, driven by their exposure to technology, social media, and easy investment access, according to a joint report by American finance industry organizations the CFA Institute and the Financial Industry Regulatory Authority (FINRA).
But despite the appetite...
SEC Chair Argues That It Is Possible for Crypto Platforms To Register Following Lawsuits Against Coinbase and Binance
8.6.2023
Securities and Exchange Commission Chair Gary Gensler laid into the crypto industry on Thursday, arguing that it is possible for exchanges to register with the agency, despite platforms’ assertions that they tried to do just that. ...
Read More: SEC Chair Argues That It Is Possible for Crypto...
Regulators Uncover Binance's Billions of Dollars Transactions Through U.S. Banks
8.6.2023
A new filing from the U.S. Securities and Exchange Commission suggests that Binance moved billions of dollars in customer funds through Signature Bank and Silvergate Bank – both crypto-friendly U.S. firms that failed in March. ...
Read More: Regulators Uncover Binance's Billions of Dollars...
When AI and Blockchain Merge, Expect the Mundane at First
8.6.2023
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‘Large Amounts of Money’ Flowed in Binance Related Accounts: SEC Accountant Says
8.6.2023
An accountant for the US Securities and Exchange Commission says crypto exchange Binance, CEO Changpeng Zhao and related entities moved “large amounts of money” from 2019 up to this year.
Binance and its entities held numerous accounts with the now failed Silvergate Bank and Signature Bank during...
Another Mysterious Signed Message Appears Associated With the 2009 Bitcoin Block 1,018
8.6.2023
This week, the number of Ordinal inscriptions has exceeded 11 million, with one inscription in particular, numbered 11,035,214, standing out. The inscription bears a message that has been signed with the private key associated with block 1,018, and while the key is quite old, having been linked...
The role of blockchain in combatting fraud and revolutionizing the gaming industry
8.6.2023
Blockchain's transparency is another key weapon in the fight against fraud
Ankr–Microsoft partnership continues with blockchain creator tool debut
8.6.2023
The partnership was preceded by the launch of an enterprise node hosting service on Microsoft Azure
Asset Manager Schroders in Search of Crypto Custodian for Digital Asset Push
8.6.2023
Schroders Plc, an asset management firm with over $900 billion in assets under management, is venturing into crypto and is actively searching for a third-party custodian to support its digital asset expansion.
According to a recent Bloomberg report that cited “people with knowledge of the matter,”...
Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
8.6.2023
This second phase will include a more thorough testing environment to encourage validator participation
Terra Luna Co-Founder Do Kwon's Political Ties in Montenegro Under Investigation
8.6.2023
Terra Luna (LUNA) co-founder is making headlines again, this time looking into his relationship with Montenegro's political elite. The news comes after Montenegrin politician Dritan Abazovic, in collaboration with political parties and NGOs, commissioned the Special State Prosecution to establish...
EU to use blockchain for educational and professional credential verification
8.6.2023
The EU’s EBSI Vector project and Protokol blockchain solutions are creating a blockchain-based cross-border credential verification program for EU citizens
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
8.6.2023
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies
The $GORA Token IDO
8.6.2023
PRESS RELEASE. The highly anticipated $GORA token launch day Initial DEX Offering (IDO) for Goracle has finally arrived. This milestone marks a significant step forward in our journey to revolutionize the ecosystem through blockchain technology with our oracle innovative solution. At the core...
North Korean ‘Crypto Hackers Targeted S Korean Ministers’ – What Do We Know?
8.6.2023
North Korean crypto hackers “targeted South Korean ministers” in a campaign last year, Seoul-based police officials have claimed.
According to Dong-a Ilbo, police officials took control of a server they claimed was used during the attempted attacks.
And officers said they had “found...
Former Binance.US CEO Brian Brooks Says CZ Was in Charge of the Exchange, Not Him
8.6.2023
Brian Brooks, the former CEO of Binance.US, revealed why he left his post at the exchange, in court documents released this week.
In an interview transcript from December 2021 with the US Securities and Exchange Commission, Brooks was asked about Binance CEO Changpeng Zhao’s role at the...
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...