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Binance.US Scrambles To Avert Meltdown As SEC Asset Freeze Threatens Firm's Future
Tuesday, June 13, 2023 - 9:20am | 467Read More...The legal spat between cryptocurrency exchange Binance Holdings Ltd. and the U.S. Securities and Exchange Commission (SEC) is scheduled for a hearing before Judge Amy Berman Jackson in a federal court in Washington on Tuesday. The hearing comes as lawyers for Binance.US petition a federal...
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Shiba Inu Whale Accumulates $10M From Coinbase, Binance Amid SEC's Legal Battle Against Crypto Exchanges
Tuesday, June 13, 2023 - 2:56am | 631Read More...A mysterious whale has been accumulating massive amounts of a particular meme token Shiba Inu (CRYPTO: SHIB), over the past few hours. What Happened: The whale in question accumulated 1.5 trillion SHIB worth $10 million from Binance and Coinbase, according to data from block explorer and...
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Gary Gensler 2018-Era Video Goes Viral, Here's What The SEC Chief Said About Bitcoin, Ethereum Back Then
Tuesday, June 13, 2023 - 1:29am | 565Read More...The Securities and Exchange Commission (SEC) has been making moves to crack down on cryptocurrency exchanges, Coinbase and Binance, over the trading of unregistered securities. What Happened: A 2018 video has surfaced recently featuring SEC Chairman Gary Gensler stating that Bitcoin (CRYPTO:...
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Bitcoiner Jack Dorsey Wants To Know If Coinbase's Investments A Factor In Token Listings — Armstrong Responds
Monday, June 12, 2023 - 2:47am | 504Read More...Coinbase Inc (NASDAQ:COIN) CEO Brian Armstrong on Saturday was asked whether the company has a venture arm that invests in tokens and whether any of those investments lead to listings of those tokens on Coinbase’s platform. What Happened: Armstrong replied that he was not sure and wanted...
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Ex-SEC Official Issues Serious Warning About Crypto Platforms Amid Escalating Regulatory Pressure: 'Get Out Of Crypto Platforms Now'
Saturday, June 10, 2023 - 1:25pm | 482Read More...John Reed Stark, a former official at the Securities and Exchange Commission (SEC), says that crypto exchanges are under U.S. regulatory siege and that "this has only just begun." In a lengthy tweet on Thursday, Stark said that digital asset investors should "get...
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Crypto Takes The European Stage: Inside MiCA's Transformative Regulatory Framework
Friday, June 9, 2023 - 9:29am | 329Read More...Markets in Crypto Assets (MiCA) regulation, inscribed in the Official Journal of the European Union on June 9, is expected to be enacted by Dec. 30, 2024. Certain provisions will even be brought into play six months in advance, on Jun. 30, 2024. MiCA, ratified on May 31, paves the way for a...
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Binance Exec Hits Back At Jim Cramer's On-Air FTX Comparison: 'I Hope You Have Some Evidence'
Thursday, June 8, 2023 - 5:31am | 645Read More...CNBC "Mad Money" host Jim Cramer, on Wednesday, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase. In light of the recent lawsuits filed by the Securities and Exchange Commission (SEC) against both platforms, Cramer has been heavily critical of their...
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Mark Cuban On Coinbase — 'No One Trusts' The SEC, Says 'They're Full Of Lawyers' Who Only Want To Litigate
Thursday, June 8, 2023 - 1:29am | 586Read More...Billionaire investor and entrepreneur, Mark Cuban, criticized the Securities and Exchange Commission (SEC) for its lack of support for companies seeking to comply with U.S. securities regulations. Cuban claimed that the SEC’s main objective is to challenge companies to reach compliance,...
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Binance, Coinbase CEOs See Personal Fortunes Plummet By $1.7B After SEC Crackdown
Wednesday, June 7, 2023 - 6:18am | 378Read More...Binance CEO Changpeng Zhao and Coinbase (NASDAQ:COIN) CEO Brian Armstrong have lost a good chunk of their personal wealth following recent accusations by the Securities and Exchange Commission (SEC) of violating securities regulations. What Happened: According to Bloomberg's Billionaires' Index,...
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Cynthia Lummis Slams SEC On Security Vs Commodity Classification: 'Failed To Provide Adequate Legal Guidance'
Wednesday, June 7, 2023 - 2:31am | 466Read More...In the wake of the recent action taken by the Securities and Exchange Commission (SEC) on major cryptocurrency exchanges Binance and Coinbase, Senator Cynthia Lummis (R-Wyo.) has taken a swipe at the SEC, claiming that it has failed institutions in the cryptocurrency space. What Happened: Lummis on...
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SEC Tweet On Coinbase Gets Pounced On By Mark Cuban — Financial Scams 'Every Minute' On Twitter, But Not One Will Be Stopped Ever
Wednesday, June 7, 2023 - 1:43am | 495Read More...Mark Cuban voiced his disappointment on Tuesday with the Securities and Exchange Commission’s (SEC) inability to address the extensive propagation of financial scams on Twitter. What Happened: Cuban was responding to the Securities and Exchange Commission (SEC) tweet against major crypto...
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Jack Dorsey Says Ethereum A Security, Believes 'Bitcoin Way Too Ahead Amid SEC Lawsuits Against Binance, Coinbase
Tuesday, June 6, 2023 - 11:54pm | 523Read More...The former CEO of Twitter, Jack Dorsey believes that Ethereum (CRYPTO: ETH) is a security. What Happened: Dorsey was responding to a Twitter user who asked Dorsey "is ETH a security." To which, Dorsey said "Yes". This came at a time when the Securities and Exchange Commission (SEC) filed charges...
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Cathie Wood, Unfazed By SEC Lawsuit, Picks Up A Whopping $21M Stake In Coinbase Even As Stock Tanked 12%
Tuesday, June 6, 2023 - 9:58pm | 407Read More...Cathie Wood-led ARK Investment Management bought a whopping stake in Coinbase Global Inc (NASDAQ:COIN) on Tuesday – a day when the stock tanked over 12% in the aftermath of the Securities and Exchange Commission (SEC) suing the company in a federal court. Funds operated by ARK bought over 419,000...
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Nansen Becomes The Latest Crypto Firm To Announce Staff Cuts — Will Let Go 30% Of Workforce
Wednesday, May 31, 2023 - 12:52am | 442Read More...Blockchain analytics firm Nansen announced that it has reduced its staff count by 30% as a result of harsh market conditions. What Happened: This comes as several other crypto firms including Coinbase, Kraken, Crypto.com, and Gemini have also recently laid off part of their staff. According to...
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A DeSantis Vs RFK Jr Bitcoin Debate? This Podcaster Is Ready To Host It
Thursday, May 25, 2023 - 7:48am | 723Read More...Bitcoin (CRYPTO: BTC) has become a topic of political discourse as speculation grows over the potential role the digital currency may play in the upcoming US presidential elections. What Happened: In a Wednesday tweet, Peter McCormack, host of the podcast What Bitcoin Did, made a...
















