SEC Says Coinbase May Have Knowingly Violated Securities Laws
The United States SEC has filed a response to Coinbase’s motion to dismiss the lawsuit filed against it. The securities regulator...
Ethereum
Gemini Sues Barry Silbert And His Company DCG Alleging Fraud Against Earn Users
Summary: Barry Silbert, DCG, and Genesis knowingly committed fraud against Gemini customers, the lawsuit filed today alleges.Gemini insists that Genesis...
SEC Investigating DeFi Protocol BarnBridge, BOND Falls 8%
Summary: BarnBridge DAO was advised to cease all work related to the protocol and halt compensation to individual contributors.Legal counsel...
Binance’s CZ Dispels “FUD” Around Leadership Departures
Summary: Several senior executives including CSO Patrick Hillmann, SVP for compliance Steven Christie, and General Counsel Han Ng said they...
FBI Reportedly Raided Kraken CEO Jesse Powell’s Home Over Hacking Accusation
The FBI reportedly carried out a search at the residence of Kraken founder and CEO Jesse Powell. The March 2023 search...
Judge Forces Genesis And FTX Back To Negotiation Table Over $2 Billion Claim
The judge overseeing Genesis’ bankruptcy case has ordered the crypto lender and FTX back to the negotiation table. Manhattan Judge Sean...
Ethereum Price Set to Surpass $2,000: Staking on The Rise
Contrary to expectations, the Shanghai upgrade has not triggered an exodus of users, but rather a surge in staking deposits...
CME Group to Roll Out ETHBTC Futures Ratio on July 31
With growing institutional demand for cryptocurrencies, particularly Bitcoin and Ethereum, CME Group is looking to expand its range of services....
Binance’s Senior Executives Quit Over Changpeng Zhao’s Handling Of Investigations
Several senior executives at Binance have decided to quit the crypto exchange.The executive blamed their decision on CEO Changpeng Zhao’s...
US Homeland Security Helps Bitfinex Recovers $315,000 Lost In 2016 Hack
Crypto exchange Bitfinex has managed to recover $315,000 that was lost in a hack in 2016. The exchange recovered the funds...
Binance Recommends Coinmerce To Netherlands Users Amid Dutch Exit
Summary: Users in the Netherlands could choose to withdraw their funds from Binance to Coinmerce, Coinmerce CEO Jaap de Bruijn...
CFTC Finds Celsius And Alex Mashinsky Guilty Of Breaking US Rules
The United States CFTC has concluded that Celsius Network and its former CEO Alex Mashinsky broke US laws. Attorneys in CFTC’s...
BlackRock CEO Larry Fink Is Pro-Bitcoin, Calls It An International Asset
BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space. Fink described Bitcoin as an...
Binance’s Market Share Down By Double Digits In 2023
Binance has lost more than 10% of its market share since the beginning of 2023. Rival exchanges like Bybit and OKX...
Coinbase Stock Tanks After Being Downgraded By Piper Sandler
An analyst from Piper Sandler downgraded the stock of crypto exchange Coinbase earlier today. The analyst cited uncertainty in the crypto...
