Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto…
Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains
Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability…
Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC
With its latest suit against Binance, the United States Securities and Exchange Commission has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.
Apple’s Vision Pro headset reveal swaps metaverse for ‘spatial computing’
The tech giant finally dropped details of its new pricey mixed-reality headset during the Worldwide Developers Conference, though it made no mention of the word “metaverse.”
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made…
First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets
ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What's behind its ascent?
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to…
Apple's New Headset Could Change the Way We Design the Metaverse
Apple on Monday announced its Vision Pro headset, which it says "seamlessly blends digital content with the physical world." What could this mean for the future of Web3?
Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge
Cryptocurrency prices nosedived Monday as the U.S. Securities and Exchange Commission (SEC) sued the crypto exchange and its chief executive for multiple federal securities law violations.
BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total…
Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in.
Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'
The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."
Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking…
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano…
Bitcoin 2023 Was A Demonstration Of The Bitcoin Community’s Resilience And Optimism
Disclaimer: BTC Inc. is the parent company of both Bitcoin Magazine and The Bitcoin Conference.Bitcoin Magazine's Bitcoin 2023 conference in Miami Beach concluded as a resounding success, demonstrating the growing significance of Bitcoin in the…
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