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Major Nelson Is Leaving Xbox After Two Decades


Xbox’s Director of Programming and long-time public figure in the company’s history, Larry ‘Major Nelson’ Hryb has announced he’s leaving Microsoft after 22 years at the company.Read more

Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report


Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...

SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine


The U.S. Securities and Exchange Commission (SEC) answered the latest filing of Coinbase by shooting down the arguments presented by the exchange to throw out the ongoing lawsuit. The filing reaffirms the institution’s jurisdiction on securities laws, explaining that Coinbase misinterprets...

CZ Says News of Exec Departures at Binance Is FUD


Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...

Binance Reportedly Denied Crypto License in Germany


Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....

HSBC, Mastercard File More Crypto-Related Trademark Applications


HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses on crypto and blockchain transactions while...

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