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DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
9.6.2023
The top-100 DeFi tokens by market capitalization had a bearish week as the total value locked in these protocols fell below $50 billion again
Binance's BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
9.6.2023
In trading, timing is everything and it appears that some traders put in well-timed sell orders for BNB, ahead of the massive SEC crackdown against crypto exchange Binance on June 5
SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits
9.6.2023
The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said.
Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees...
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
9.6.2023
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S
eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits
9.6.2023
As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in.
eToro, one of the powerhouse platforms in financial trading, has reiterated...
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
9.6.2023
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...
Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
9.6.2023
“Under no circumstances is ADA a security under U.S. securities laws,” IOG said
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
9.6.2023
Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...
Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters'
8.6.2023
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today
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...
Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
8.6.2023
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA)...
SEC Meme Token Shoots Up 25,000% Following Binance and Coinbase Lawsuits and This Lesser Known Coin May Be the Next Crypto to Explode – How to Buy Early?
8.6.2023
In the aftermath of Gary Gensler's latest SEC enforcement actions against the crypto industry, capital is surging to rotate out of top cryptocurrencies ensnared by the SEC v. Binance and SEC v. Coinbase lawsuits.
With leading projects such as Solana (SOL), Polygon (MATIC), Cardano (ADA),...
Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits
8.6.2023
One judge has ruled on a key crypto case of late, while the other has ruled on high-profile political cases in the U.S. in recent times
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry
8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...
Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase
7.6.2023
Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the trading platforms are unregistered securities....
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
7.6.2023
In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on cryptocurrencies that have pinpointed various risks...
First Mover Americas: Bitcoin Shows Resilience Amid SEC Lawsuits Against Binance, Coinbase
7.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
XRP Price Prediction as XRP is Not Named as a Security in Latest SEC Lawsuits – Can XRP Reach $10?
7.6.2023
The XRP price has risen by 3% in the past 24 hours, with its move to $0.529440 outperforming many rival altcoins which have fallen in the wake of the SEC's legal actions against Coinbase and Binance.
Its current price means it has risen by 3.5% in a week and by 20% in the last 30 days, with...
SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
7.6.2023
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
7.6.2023
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance