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SEC lawsuits against Binance and Coinbase unify the crypto industry
Regulation

SEC lawsuits against Binance and Coinbase unify the crypto industry

June 7, 2023 anon

[ad_1] Professionals across the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against two of the biggest crypto exchanges, Binance and Coinbase.  On June 5, the SEC filed

SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
Regulation

SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea

June 7, 2023 anon

[ad_1] The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South Korea. A report published in a South Korean daily suggests that the Financial Service Committee

The Philippines delays publishing crypto framework
Regulation

The Philippines delays publishing crypto framework

June 7, 2023 anon

[ad_1] Despite the wave of market failures in 2022, the Philippines’ financial regulator has decided not to rush a legal framework on the crypto industry, initially planned to be published in late 2022. However, work

SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
Regulation

SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’

June 7, 2023 anon

[ad_1] The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, saying investors’ funds are at risk.  In the filing entered on June 5, the regulators claim that

SBF upset by criminal trial's late evidence while FTX seeks sale of AI stock
Regulation

SBF upset by criminal trial’s late evidence while FTX seeks sale of AI stock

June 7, 2023 anon

[ad_1] Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges. On June 5, Bankman-Fried’s lawyers told United States

US Financial Services Committee sets date to discuss future of crypto
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US Financial Services Committee sets date to discuss future of crypto

June 7, 2023 anon

[ad_1] The United States Financial Services Committee has scheduled a hearing on digital assets to discuss digital assets and provide clarity for the ecosystem.  On June 6, Patrick McHenry, the chairman of the House Financial

SEC's Gensler claims ‘parallels’ between Binance and FTX, yet one wasn't sued
Regulation

SEC’s Gensler claims ‘parallels’ between Binance and FTX, yet one wasn’t sued

June 7, 2023 anon

[ad_1] The United States securities chair has hinted at “parallels” between crypto exchange Binance and collapsed exchange FTX — namely their alleged use of sister firms to move funds.  Speaking to Bloomberg on June 6,

SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
Regulation

SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits

June 7, 2023 anon

[ad_1] A number of memecoins drawing their likeness from the United States Securities Exchange Commission (SEC) and its chair Gary Gensler have seen a sharp spike in price following the regulator’s lawsuits against crypto exchanges

Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model
Regulation

Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model

June 7, 2023 anon

[ad_1] Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used for “criminal tasks.” In

SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
Regulation

SEC lawsuits squeeze net worths of Coinbase and Binance CEOs

June 7, 2023 anon

[ad_1] The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) have suffered heavy blows due to recent lawsuits by the United States securities regulator. Armstrong’s net worth was slashed by

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  • Crypto Trade Groups Unite to Urge Congress to Pass CLARITY Act
  • Asia’s Tokenization Surge Lures Global Capital Away From the West
  • US Congress Launches ‘Crypto Week’ to Debate Landmark Digital Asset Bills
  • Omni Network Soars 200% as Derivatives Volume Surpasses $1.4B
  • Tether to End USDT Support on Five Blockchains, Citing Strategic Shift
  • Bitrue Adds Trump-Backed USD1 Stablecoin as Base Pair for 10 Major Cryptos
  • Jack Ma-Backed Ant Group Reportedly Eyes USDC Integration on Its Blockchain
  • Coinbase Integrates Copper’s ClearLoop to Enable Off-Exchange Settlement for Institutions
  • Trump Family-Backed Business Votes on Making Governance Token Tradable
  • Crypto Hackers Drain $42M from GMX’s Arbitrum Liquidity Pool in Bold Exploit
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