Ooki DAO to shut down after 'precedent setting' court battle with CFTC
The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as “‘person’ under the Commodity Exchange Act.”
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Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
The group of scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the CTO of OpenAI and even crypto hater Peter Schiff.
SEC charges against Binance and Coinbase are terrible for DeFi
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance.
Robinhood will end support for 3 tokens named in SEC lawsuits
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens.
Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up
Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm and how regulators are targeting AI-generated fake news.
US Justice Department charges two men in Mt. Gox hack
The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.
Real-world asset protocols outperform DeFi blue chips due to tokenization wave
Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips.
DeFi volumes surge 444% after Binance, Coinbase lawsuits: Finance Redefined
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.
Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
De-dollarization: Is it really happening?
In our latest Cointelegraph Report, we analyze the causes leading to the decline of the U.S. dollar as the world reserve currency and its potential implications.
US court rejects Fed's motion to dismiss Custodia Bank case
Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.
Bitcoin, Ethereum to shake off ‘toothless adversary’ SEC as FOMC looms
BTC and ETH price action will continue to be affected by macro events, QCP Capital says, with next week looking “action packed” for crypto volatility.
Crypto.com suspends US institutional exchange service
The global cryptocurrency exchange cites limited demand for institutional-grade services under current market conditions.
Kevin O’Leary doesn’t rule out criminal charges for Binance
In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.
How to use credit cards wisely to avoid debt
Discover effective strategies and best practices to use credit cards wisely and avoid debt.
Binance VP of Marketing: crypto needs to 'double down' on community support
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.
The shift from centralized exchanges to DEXs
The growth of DeFi has happened in spite of the CEXs' stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products.
US House committee releases new stablecoin bill draft
The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.
Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more
A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes.
EU starts countdown to crypto legislation, adds MiCA to official journal
MiCA, which comes fully into force by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states.
US senators propose AI bills for transparency and innovation
The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation.
Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader
Bitcoin is attempting to cement an inverse head-and-shoulders pattern, which could spark a “sprint” to $40,000.
‘Already explored’ — Apple Vision Pro fails to impress Mark Zuckerberg
Zuckerberg highlighted divergent philosophies, with Meta emphasizing a social metaverse, while Apple’s device seemed designed for solitary use.
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC.
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs.
FTX argues releasing ‘valuable’ customer list will harm its sale value
Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said.
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges argues crypto venture firm Paradigm.
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph.
Moody's downgrades Coinbase citing 'uncertain magnitude' of SEC charges
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term.