Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says

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If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says. Source link

Crypto Traders Suffer $320M Losses in Liquidations as BTC, ETH, BNB Prices Drop Amid...

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Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its chief executive, Changpeng “CZ” Zhao, of offering unregistered...

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors

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The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy. Source link

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry

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Similarly, Valerii Brizhatiuk, co-founder of Swisstronik, an identity-based L1, said that “players such as Binance have a wide range of features, products and investing services. Sometimes directing these...

The Lightning Network Doesn’t Fix Everything Wrong With Bitcoin

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Putting that aside for now, there’s a growing pragmatic view that the Lightning Network is or probably will be good for certain types of payments, but not all...

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff

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“Growth has been hard to predict in this extended bear market and uncertain regulatory environment,” a spokesperson for Arca told CoinDesk. “Our headcount adjustment will allow us to...

DYDX Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

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DYDX, the native token for the decentralized exchange platform with the same name, jumped to $2.23 at press time after the U.S. Securities and Exchange Commission said it...

Binance Endures $69M in Net Outflows Within an Hour, Amid SEC Charge: Nansen

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The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday. Source link

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao, Binance.US Over Multiple Securities Violation Allegations

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Binance, Binance.US and CZ offered unregistered securities to the general public in the form of the BNB token and Binance-linked BUSD stablecoin, said the suit, which also alleges...

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

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Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol. Source link

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Treat Crypto as Securities by Default, European Parliament Study Says as EU Prepares for...

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Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border...

Cross-Blockchain and Multi-Blockchain Bridge Exploits Cost $2 Billion in 2022; They Could Have Been...

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Bridge standards are sets of rules that define how different blockchain networks can communicate with each other, in this case, through a cross-chain...

Japanese Airline ANA Launches NFT Marketplace

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Japan's largest airline group holding company All Nippon Airways (ANA) has launched a non-fungible token (NFT) marketplace featuring aviation photography, digital collectibles and...

Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report

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At least, that is a recurrent theme throughout CoinDesk’s first-ever Consensus @ Consensus report, out today. Based primarily on intimate group discussions that...