SEC’s Gensler claims ‘parallels’ between Binance and FTX, yet one wasn’t sued
“Every major player has been sued by the SEC except for FTX,” several members of the crypto community have noted....
Month: June 2023
Jack Dorsey courts controversy by claiming ETH is a security
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development....
SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and...
Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report
While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications. Just...
Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model
The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model. Two...
SBF upset by criminal trial’s late evidence while FTX seeks sale of AI stock
Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to...
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and...
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median...
Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it's "fully operational" and called the SEC's motion "unwarranted." Crypto exchange Binance.US responded to the new...
Coinbase CEO responds to SEC suit, says team is ‘confident’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need...
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to...
Kraken fixes gateway issues after brief delay in withdrawals
Major crypto exchange Kraken investigated an issue with crypto funding gateways, including BTC, ETH, and ERC-20, with users experiencing delays...
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it...
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. The United States Securities and Exchange...
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need...
