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Coinbase Shares Drop 10% Following SEC’s Suit Against Binance
5.6.2023
Shares of Coinbase (COIN) were down 10% after news broke that the Securities and Exchanges Commission (SEC) sued Binance on allegations of violating federal securities law on Monday
Binance Faces Legal Action by SEC for Violating US Securities Laws
5.6.2023
The U.S. Securities and Exchange Commission (SEC) took legal action against Binance, the largest cryptocurrency exchange globally, for violating U.S. securities laws. Gary Gensler, the chairman of the SEC, revealed that Binance is facing thirteen charges related to these violations. Binance...
Gate.io threatens legal action against rumor-mongers
4.6.2023
Insolvency rumors surfaced after a series of events involving Multichain. Gate.io has denied any liquidity issues
TMS Network takes the reigns, charges against SingularityNET & TRON
3.6.2023
A new contender is making waves in cryptocurrencies’ dynamic and rapidly evolving world. TMS Network (TMSN) is currently in its presale phase. With a staggering 2000% increase in token price and over $6 million in funding, TMSN is proving to be a promising investment. The new player stacks...
Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions
2.6.2023
In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors
Qatar gets slammed for not taking enough action against crypto companies
2.6.2023
Qatar has been told by the global money-laundering watchdog to improve its “understanding of more complex forms” of financial crime
Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
1.6.2023
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest....
The U.S. Justice Department Awaits Bahamas Response Regarding New Charges Against Sam Bankman-Fried
31.5.2023
The US Justice Department (DOJ) may drop some of the charges against the disgraced former FTX CEO Sam Bankman-Fried if authorities in the Bahamas objects to them.
The charges that could be dropped include those related to bank fraud, operating an unlicensed money transmitting service, and a case...
SEC settles case against Wahi brothers for Coinbase insider trading
30.5.2023
The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
30.5.2023
Lawyers for the disgraced exchange executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues
Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
29.5.2023
Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of offering unregistered securities. Gemini and Genesis...
Report: Emerging Market Investors Dumping Dollar-Denominated Debt and Seeking Local Currency Bonds Instead
24.5.2023
Emerging markets investors are being attracted by local currency-denominated bond instruments while leaving dollar-denominated debt, according to data provided by EPFR Global, a fund flow and allocation data insights company. These markets have outperformed dollar-denominated debt due to...
Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’
23.5.2023
A mainstream report citing multiple insiders claimed that Binance mingled customer's funds with corporate funds at Silvergate Bank
Robert F. Kennedy Jr. vows to defend Bitcoin against 'invasive surveillance'
22.5.2023
Roughly a month after he announced his willingness to run in next year’s U.S. presidential election, Democratic presidential candidate Robert F. Kennedy Jr. has declared he will defend Bitcoin (BTC) against what he describes as "invasive surveillance”. ...
Read More: Robert F. Kennedy Jr. vows...
EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
22.5.2023
EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1
Vitalik Buterin argues against overloading Ethereum’s consensus
22.5.2023
Vitalik Buterin has come out to say that there is no need to overload the Ethereum consensus, which is already regarded as the most secure crypto-economic system globally. It houses validators with over 18 million ETH in total. This roughly translates to $34 billion in monetary value. Ethereum...
Vitalik Buterin warns against overloading Ethereum consensus
22.5.2023
Buterin has advocated preserving Ethereum consensus minimalism and not overloading validators with other things
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
21.5.2023
Another exciting week in crypto and finance has come and gone, with news of U.S. government accusations against South Africa, regarding the alleged supply of the Russian state with ammunition. In other news, ten Southeast Asian nations are challenging U.S. dollar dominance, having agreed...
Monero community lashes out against ‘Mordinals’ amid privacy concerns
20.5.2023
It’s always been possible to store arbitrary data alongside blockchain transactions, but NFTs on Monero introduce a slew of new concerns
FTX Executives Sue Co-Founders Amidst Failed FTX Stocks Project
18.5.2023
Court documents filed on May 17, 2023, reveal that current executives overseeing FTX and its subsidiary, Alameda Research, have initiated a lawsuit against Sam Bankman-Fried, the former CEO of FTX, Nishad Singh, FTX’s former director of engineering, and Zixiao “Gary” Wang...