SEC Crackdown: Regulator Attempts To Freeze Binance.US, Associated Companies' Assets
Binance immediately responded to the news about the SEC filing the emergency motion in an attempt to quell potential unrest and anxiety among its clients, and called the motion "unwarranted" and executed on an "expedited basis."
Atomic Wallet Hack Victims Voice Frustration Over Lack Of Updates; Hackers Possibly Linked To N. Korea
The team is "doing everything they can to get those funds back," Atomic Wallet chief marketing officer Roland Säde said, adding that "in order to create a concrete plan, the investigation must be completed."
Elon Musk Makes Bullish Dogecoin Reply To Jack Dorsey's Ethereum Tweet
Musk's tweet about DOGE, unfortunately, was not impactful enough to fuel a price surge, considering the doom and gloom of the SEC lawsuits against major crypto exchanges that dampened sentiments.
SEC Chairman Denies Smirching Legal Position Around Crypto, Says There's No Need For More Digital Currency
The lawsuits against Binance and Coinbase, according to the SEC chairman, took a while to produce due to the amount of work required.
Coinbase Faces Cease And Desist Threat From Multiple US Securities Regulators Aside From SEC Lawsuit
The SEC filed a lawsuit against Coinbase on Tuesday alleging that the exchange has been operating an unregistered exchange, broker, and clearing agency.
Coinbase CEO 'Confident' With 'Facts And Law,' Slams SEC Suit As 'Regulation By Enforcement'
The SEC sued Coinbase on Tuesday just a day after filing 13 charges against major exchange platform Binance.
Crypto Market Tumbles After SEC Sues Binance And Labels Multiple Assets As Securities
The entire cryptocurrency market wallowed in the puddle of red on the news, showing up to double-digit losses particularly observed in the tokens the SEC deemed as securities.
Crypto Crackdown: SEC Names More Than 60 Digital Assets As Securities
The financial regulator's action was not taken lightly by the crypto community, with its personalities immediately viewing the move as "an act of war."
CEO Found? MULTI Soars As Several Multi-Chain Cross-Bridges Are Back Online
While Multichain has not yet officially released any updates related to the resumption of halted cross-bridges operations on its official Twitter account, industry experts confirmed transactions happening on the troublesome protocol.
Crypto Exchange Platform Binance, CEO Zhao Accused Of Commingling Funds
Binance allegedly established Binance.US as a protective shield for Zhao and the main company.
Russia Suspends Official Who Allegedly Received Over $28M Bitcoin Bribe From Hacker Group
Marat Tambiev's court appearance is set for Monday, during which the prosecutor aims to confiscate all of his alleged unlawfully acquired funds.
Japan's Largest Bank Launches Stablecoin Platform For Banking Institutions
With the help of Progmat Coin, banks will be able to issue their own stablecoins on blockchains like Cosmos, Avalanche, Polygon and Ethereum with more networks to be added soon.
Sanctioned Russian Bank Launches Cross-Border Crypto Payments Despite Ban
Rosbank said that while the initiative is already rolling out, transactions are in compliance with the country's legislative requirements, the guidelines provided by the central bank , as well as the bank's own compliance policy.
Do Kwon Wins Big In Montenegro Days After Major Legal Setback From High Court
Montenegro prosecutors now have three days to appeal against the court's ruling after it decided to release the Terraform Labs' CEO and his associate from detention.
Blockchain Association Slams 'Unprecedented And Unlawful' Tornado Cash Sanctions, Files Amicus Brief Supporting Crypto Mixer's Defense
In its court filing, the crypto trade group argued that the decision to sanction the crypto mixing tool mirrored the basic misunderstanding of the software and how it functioned.
Atomic Wallet Alerts Users Of Ongoing Exploit; Victims Claim Complete Loss Of Crypto Portfolios
The non-custodial crypto wallet, which reportedly supports more than 300 crypto coins and tokens and claims that it has more than 5 million users, has not yet offered any explanation as to how the attack was carried out.
UAE Orders Financial Institutions To Verify Identities On Crypto, NFT Transactions Starting July
Dubai has created a regulator to oversee the digital asset industry in the UAE.
Exclusive: Shiba Inu Makes Major Move To Fight FUD, Shadowcats As Shibarium's Official Release Nears
For now, the community is only exclusive to "those who will build on Shibarium," but the team is currently working on "creating an active social hub to keep all well-informed by giving them access to information directly from verified sources."
Elon Musk Accused Of Insider Trading, Amended Lawsuit Blames His Bullish DOGE Moves
The amendment centered on the "deliberate course of carnival barking, market manipulation and insider trading" allegedly devised by Musk to artificially boost the price of Dogecoin.
'Unable To Contact' CEO Who Solely Holds Server Access, Multichain Suspends Cross-Chain Services
There have been rumors claiming that Chinese authorities nabbed Multichain's executives including its CEO.
Binance Notified Of OSC's Investigation 2 Days Before Announcing Decision To Shut Down Canada Operation
CZ recently said that for Binance to comply with all the regulatory requirements set by the OSC, it needs to build new, customized solutions that will most likely cost a lot of money.
SEC Amps Up Crackdown On Influencers Shilling Crypto To Manipulate Price, Ex-Official Warns
The former SEC official also underlined how "social media has become the virtual rope that many crypto bros (and sisters) use to hang themselves."
Bitcoin Bros Winklevoss Twins Seek Reset Overseas As Crypto Business Reaches Chaotic Crossroads
Despite the issues they are currently faced with, the Winklevoss twins appear optimistic about the future.
Federal Judge Handling SEC Vs Ripple Case Might Disappoint Cryptocurrency Industry
Talking about the ongoing case, the CEO of Ripple recently said he was "very confident that we'll see a decision from the court this year. In fact, I'll guess in weeks, not months."
Canada's Recent Regulatory Development Sees Exit Of Another Major Crypto Exchange Platform
ByBit said it would no longer accept account opening applications by any identified Canadian residents and existing Canadian nationals starting Wednesday.
Major Crypto Exchange Moves $8.3M In Assets To Bankrupt Alameda Research Weeks After Sending $60M
The transfer of funds from OKX to Alameda Research may have been part of the recovery effort to pay back FTX.
Shiba Inu Lead Developer Teases 'Great Things In The Works,' Promises To Complete 'Decentralized System'
Kusama had previously said their "next job" would include building backend, crafting the ticket system, support and onboarding, as well as designing user interfaces for "some secret projects."
White House Aspirant Says SEC Protects Banks, Not Americans; Wants 'Anti-Crypto' People Out Of Agency
Since his announcement to run for President, Kennedy Jr. made it clear that he will champion the cryptocurrency industry.
US Debt Ceiling Deal Takes Controversial Cryptocurrency Tax Off The Table
However, the latest Fiscal Responsibility bill still requires the approval of Congress before it could take effect.
Bitcoin's Brief Pump Above $28K Leads To Steep Losses Among Short Traders, Triggers $130M Liquidations
Bitcoin's short spike in price caused millions in losses for short traders.
