Atomic Wallet Was Breached by North Korean Hackers: Elliptic
[Jun 6, 2023 4:48 PM] Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.
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Openai Boss Sam Altman Claims He’s Not Involved in Worldcoin’s Day-to-Day Operations at All
[Jun 6, 2023 3:30 PM] After Tools for Humanity, the team behind the biometric cryptocurrency project Worldcoin announced it had raised $115 million in a Series C led by Blockchain Capital, Sam Altman, co-founder and chief executive of the artificial intelligence (AI)…
SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
[Jun 6, 2023 2:32 PM] The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.
Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase
[Jun 6, 2023 2:23 PM] Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.
Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain
[Jun 6, 2023 1:14 PM] Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.
Zion Social Network Embraces Bitcoin Payments Via Lightning Network For Instant Transactions Through Secure Messaging
[Jun 6, 2023 12:59 PM] Disclaimer: Zion is a portfolio company of UTXO, a fund controlled by BTC Inc., the parent company of Bitcoin Magazine.Zion, the Web5-based social network, has unveiled an update that enables users to make bitcoin payments using the Lightning…
Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits
[Jun 6, 2023 12:22 PM] The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.
SEC Chairman Gensler Stresses Existing Fiat Digital Currencies Are Sufficient Amid Coinbase and Binance Actions
[Jun 6, 2023 11:30 AM] In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) enforcement actions against Coinbase and Binance, chairman Gary Gensler engaged in a conversation, maintaining that further digital currencies are unnecessary…
Louis Vuitton To Release $42,000 Physical-Backed NFTs
[Jun 6, 2023 10:43 AM] According to a Vogue Business, the collectibles are being sold as soulbound tokens, meaning they are non-transferable once purchased.
Coinbase, America’s Largest Cryptocurrency Exchange, Sued By The SEC For Securities Violations
[Jun 6, 2023 10:25 AM] Coinbase, one of the leading cryptocurrency exchanges, has been charged by the Securities and Exchange Commission (SEC) for operating as an unregistered national securities exchange, broker and clearing agency. The SEC also accused Coinbase of…
Amboss Unveils LINER Index, Bolstering Enterprise Adoption Of Lightning Network
[Jun 6, 2023 10:03 AM] Amboss, a data analytics provider for the Bitcoin Lightning Network (LN), has introduced LINER (Lightning Network Rate), an innovative index designed to measure bitcoin returns on the Lightning Network and showcase its potential for low-risk…
Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield
[Jun 6, 2023 10:00 AM] The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace…
Haun Ventures Leads $10M Seed Round for Web3 Gaming Studio Argus
[Jun 6, 2023 10:00 AM] Argus also announced the World Engine, an SDK that helps developers build their own blockchain-based gaming ecosystems.
Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition
[Jun 6, 2023 9:26 AM] The market study may be the first of its kind to examine Web3 competition dynamics.
Alabama Securities Regulator Issues Show Cause Order to Coinbase, Joined by 9 Other States, Over Unregistered Securities
[Jun 6, 2023 8:40 AM] After Coinbase was sued by the U.S. Securities and Exchange Commission (SEC), the Alabama Securities Commission (ASC) filed a show cause order against Coinbase and directed the company to show cause on why the firm should not cease and desist from…
Coinbase Shares Slump After SEC Files Suit Against Company
[Jun 6, 2023 8:22 AM] Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.
U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler
[Jun 6, 2023 8:16 AM] Gensler's comments follow landmark suits filed this week against Binance and Coinbase.
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
[Jun 6, 2023 8:04 AM] In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
[Jun 6, 2023 8:00 AM] Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."
Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report
[Jun 6, 2023 7:45 AM] At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude.
Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege
[Jun 6, 2023 7:32 AM] The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.
Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange
[Jun 6, 2023 7:19 AM] The SEC's lawsuit against Coinbase named thirteen altcoins as securities.
Coinbase Becomes the Latest Target of SEC: Accused of Unregistered Brokerage and Securities Violations
[Jun 6, 2023 7:13 AM] After the U.S. Securities and Exchange Commission (SEC) sued Binance, it has now filed a legal case against the San Francisco-based exchange, Coinbase. The SEC alleges that Coinbase breached multiple securities regulations and has been functioning…
SEC Sues Coinbase on Unregistered Securities Exchange Allegations
[Jun 6, 2023 6:30 AM] The U.S. Securities and Exchange Commission (SEC) sued U.S crypto exchange Coinbase on allegations of violating federal securities law, a day after filling a similar suit against Binance.
First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance
[Jun 6, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Turbos Finance Introduces Smart Routing for Stablecoins on Sui
[Jun 6, 2023 6:00 AM] The new feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.
Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
[Jun 6, 2023 3:30 AM] The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.
OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
[Jun 6, 2023 2:00 AM] OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers.
Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon
[Jun 6, 2023 2:00 AM] The firm said it is the first bank-owned custodian to offer staking services to institutional clients.
Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
[Jun 6, 2023 1:35 AM] The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.