‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen.
Posts published on June 12, 2023 go to media archive 1/4
SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether.
XRP Price Targets Fresh Highs While Other Altcoins Bleed
Ripple’s token price is rising above the $0.52 resistance against the US Dollar. XRP price is trading in a bullish zone while ADA, BNB, and other altcoins bleed. Ripple’s token price is holding gains above the $0.500 resistance against the US…
Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’
The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory…
Jump Trading seeks to move Terra class action suit to California
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin.
Ethereum Price Could See Recovery If It’s Able to Clear $1,800
Ethereum price is attempting a recovery wave above the $1,740 level against the US Dollar. ETH could rise steadily if there is a move above the $1,780 resistance. Ethereum is still below the $1,780 and $1,800 resistance levels. The price is trading…
Atomic Wallet hackers turn to OFAC-sanctioned Garantex: Elliptic
Stolen loot crypto from Atomic wallets has started passing through sanctioned Russian-based exchange Garantex, according to Elliptic.
Bitcoin Price Consolidates, Why 100 SMA Is The Key To Fresh Increase
Bitcoin price is consolidating above the $25,500 support. BTC could start a fresh increase if it settles above the 100 hourly SMA and $26,150. Bitcoin is slowly moving higher from the $25,500 support zone. The price is trading below $26,000 and the…
Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the…
UN report highlights ‘serious and urgent’ concerns about AI deepfakes
The UN wants to address AI-generated fake news and information as the organization looks to bring in voluntary guidelines for the technology.
Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony
Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain.
Ripple CEO: Hinman docs are ‘well worth the wait’
Brad Garlinghouse hinted that the eagerly awaited Hinman documents, which detail internal deliberations by Securities and Exchange Commission staff, could tip the court battle in Ripple’s favor.
First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat
ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."
Apple’s Vision Pro Launch Impacts Metaverse, Why This Token Recorded 160% In Profits
The crypto market has been flowing in a sea of red as major assets experienced a correction over the weekend, but tech giant Apple could offer relief. Every cryptocurrency, except for Bitcoin, trended to the downside, but some sectors have bloomed…
eToro halts ALGO, MANA, MATIC and DASH purchases for US customers
The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance.
Bitcoin’s (BTC) Key Indicator Points Bullish Continuation Despite Recent Dip
Despite the recent downturn in the cryptocurrency market, there are positive signs for Bitcoin’s (BTC) future. One key indicator is the Puell Multiple, which suggests a bullish continuation for Bitcoin despite the recent dip. Crypto Con, a…
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales…
Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists
Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fund their operations, the sheer volume that is…
Binance Changes Terms of Service As BNB Reverses 2023 Gains
Binance, the largest global cryptocurrency exchange, has quietly changed its terms of service after the United States Securities and Exchange Commission (SEC) filed a complaint at the District Court for the District of Columbia on June 5…
Binance.US hires former SEC enforcement official amid lawsuit: Report
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen.
Polygon 2.0 introduces upgrades to tap into 'Value Layer' of internet
According to Polygon Labs, Polygon 2.0 will enable users to create, exchange, and program value on the internet.
U.S. Court Dismisses BitGo’s Lawsuit Against Galaxy Digital
A U.S. court has dismissed the lawsuit filed by BitGo against Galaxy Digital in relation to a failed merger previously agreed to in 2021.In the company’s response to the terminated merger agreement, BitGo had alleged that Galaxy Digital failed to…
Ripple expands Canadian engineering activities with U of Toronto XRP validator
Canada’s largest university is the third in the country to partner with Ripple’s University Blockchain Research Initiative.
MATIC Price Displays Recovery But Can Bulls Sustain The $0.50 Support?
Over the past 24 hours, the Polygon (MATIC) price has shown attempts to reverse its downward movement. The altcoin has regained more than 4% of its value during this time. However, on the weekly chart, MATIC has experienced a decline of over 27%…
Argentina’s Bitcoin Community Created The World’s Largest Human Bitcoin Logo
Last Saturday, over 500 people gathered in the Argentine Polo Field to create the largest human ₿ in the world in celebration of the 10th anniversary of NGO Bitcoin Argentina. The event aimed to showcase the technology's ability to mobilize people…
Bitcoin Dithers Below $26K as Investors Eye CPI Data, FOMC Rate Hike Decision
The largest cryptocurrency held its perch where it spent much of the previous three days.
SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims
A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday.
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum…
Bitcoin on-chain data shows miners offloading BTC as revenues shrink
Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price.