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SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao
Russian Investigator Took Over 1,000 BTC in Bribe Money From Hackers, Report
7.6.2023
An investigator working in Moscow has been caught with a record-breaking bribe paid by a hacking group in cryptocurrency. According to a Russian press report, the corrupt official accepted millions of dollars’ worth of bitcoin and saved the digital money for his retirement years....
After Binance, Coinbase comes under the scrutiny of the SEC
7.6.2023
The US Securities & Exchange Commission has charged Coinbase with the allegations of failing to register the offering of staking-as-a-service. This is on top of not registering the buying and selling of securities. Coinbase, here, seems to be on the path of Binance, which was recently charged...
Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives
7.6.2023
Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less collateralized capital upfront. Cboe Wins Regulatory...
Bitcoin Life Insurance Startup Raises $19M in Seed Rounds Led by Sam Altman and Gradient Ventures
7.6.2023
Meanwhile, a life insurance company that uses bitcoin, has accumulated $19 million through two seed funding rounds. The first round was led by Openai CEO Sam Altman and former Stripe executive Lachy Groom, while Google’s Gradient Ventures took charge of the second round. Crypto Startup...
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...
SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns
7.6.2023
Seeking court approval, the U.S. Securities and Exchange Commission (SEC) is actively pursuing a measure to freeze cryptocurrency assets linked to Binance US. In order to to “ensure the safety of customer assets,” the securities regulator deems this action as an urgent necessity. SEC Files...
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...
Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All
6.6.2023
After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI) firm Openai, clarified at an event held at Tel Aviv...
With over $4.68M raised in presale, DigiToads is set to explode in value on launch
6.6.2023
The rise of a crypto phenomenon is inevitable as DigiToads (TOADS) presale achieves a remarkable feat, raising over $4.68M. This success signals the potential for a monumental surge in value upon the token’s launch. The excitement surrounding DigiToads is palpable, capturing the attention...
SEC files motion for restraining order against Binance
6.6.2023
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange
Solana’s integration with ChatGPT makes waves; DigiToads emerges as the go-to meme coin
6.6.2023
Solana’s decision to integrate a ChatGPT plug-in marks a new era in decentralized finance where artificial intelligence (AI) is the driving force. It paves the way for more pioneering technologies to find application in the DeFi ecosystem. Apart from the buzz about Solana, another...
Former Minnesota Vikings Co-Owner Convicted in $700 Million Cryptocurrency Scam
6.6.2023
The Manhattan federal court has convicted the former co-owner of the Minnesota Vikings, Reginald Fowler, for a $700 million crypto scam.
Washington Post reported that Fowler, aged 64, defrauded the Alliance of American Football (AAF), a now-shut-down professional football league, in a fraudulent...
Crypto whales heeded to InQubeta presale as it shows more bullish signs than Near Protocol
6.6.2023
The InQubeta (QUBE) presale draws lots of attention from cryptocurrency whales eager to 4x their investments during the presale’s ten stages, thanks to the incremental price changes at each stage. The presale has exceeded all expectations, with the tokens allocated for the presale’s beta stage...
Biggest Movers: DOGE, SOL Big Losers Following Binance, Coinbase Lawsuits
6.6.2023
Dogecoin was one of the biggest losers in crypto markets on Tuesday, as markets continued to react to the United States Securities and Exchange Commission (SEC) suing Binance and Coinbase. The global cryptocurrency market lost nearly 4% of its value in today’s session. Solana was another notable...
Learn why Polygon (MATIC) and Avorak AI (AVRK) are gearing up for a massive move
6.6.2023
Polygon (MATIC) and Avorak AI have increased due to the growing attention around them. The blockchain space has given rise to innovations and AI-driven projects, quickly becoming hot topics. These lucrative digital assets are heading to major developments that might reshape the digital realm....
Boomerang introduces BMR|SPIS
6.6.2023
In a bid to accelerate the profit-sharing model, Boomerang has made an advancement by introducing BMR|SPIS under the principle of Boomerang Coin – Share Profit Insurance Sales. The objective is to mitigate the risk of market volatility and ensure consistent earnings for the members....
Coinbase Becomes the Latest Target of SEC: Accused of Unregistered Brokerage and Securities Violations
6.6.2023
After the U.S. Securities and Exchange Commission (SEC) sued Binance, it has now filed a legal case against the San Francisco-based exchange, Coinbase. The SEC alleges that Coinbase breached multiple securities regulations and has been functioning as an unregistered broker since 2019. SEC Alleges...
Gemini registers for a license in UAE, Tradecurve price set to skyrocket
6.6.2023
The global cryptocurrency market is witnessing remarkable growth as more countries embrace digital assets. Recently, Gemini, a leading cryptocurrency exchange, has made significant strides by registering for a license in the United Arab Emirates (UAE). Concurrently, Tradecurve, a unique trading...
Solana may be popular, but AI crypto InQubeta outshines in terms of growth in 2023
6.6.2023
Solana has definitely maintained its relevance in recent months and years, despite the ups and downs of the market. Now, the rapid advancement of AI technology presents many investment opportunities, but accessing these opportunities can often be challenging. InQubeta is changing the landscape...