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Nalezeno "Is it legal?": 2514

Crypto Yield Firm Haru Invest Sacks 100+ Employees Following Withdrawal Halt


Haru Invest, a struggling South Korean crypto yield platform, has reportedly terminated contracts for over 100 employees. "After much consideration, it comes with a heavy heart to inform you that we will be minimizing the operations of Haru Invest and its affiliated companies to prevent further...

China Warns Citizens of Consequences for ‘Facilitating’ Crypto Trades


A Chinese ministry has warned citizens of the severe consequences of “facilitating” crypto transactions on behalf of other people. The nation has exacted two sweeping crackdowns on crypto, one in 2017, and the other in 2021. The first crackdown mainly targeted crypto exchanges, forcing most...

Binance US Market Share Shrinks Amid Legal Battle With SEC


The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...

Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...

On-Chain Detective ZachXBT Slapped with Defamation Lawsuit


Prominent on-chain detective ZachXBT has been sued by NFT trader MachiBigBrother, otherwise known as Jeffrey Huang. Huang alleged ZachXBT defamed him by publishing a report last year that claimed Huang embezzled tens of millions of dollars worth of crypto from unsuspecting NFT users, the crypto...

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute


On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....

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