The post SEC Sues Coinbase Exchange – Here’s Why appeared first on Coinpedia Fintech News In a recent development, Coinbase, a prominent cryptocurrency exchange headquartered in California, has found ...
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CFTC Chairman Rostin Behnam Urges Congress for Regulatory Action on Digital Commodity Markets
Rostin Behnam, the Chairman of the Commodity Futures Trading Commission (CFTC), recently urged the U.S. House Committee on Agriculture to take legislative action to regulate the digital commodity mark...
SEC Sues Coinbase, Alleging It Acted as an Unregistered Broker
In a shocking development, the SEC filed suit against crypto exchange Coinbase on Tuesday, alleging it acted as an unregistered broker and exchange. On Tuesday, the US Securities and Exchange Commissi...
Data Shows High-Value Investors Are Buying The Dip Despite Bombshell SEC Lawsuit Against Binance ⋆ ZyCrypto
Advertisement     The crypto industry’s latest blow rocked digital assets’ prices on Monday. The world’s largest cryptocurrency by market cap, Bitcoin, recently traded hands at around ...
Binance Used FTX-Like Web Of Firms, US SEC Lawsuit Reveals
The US Securities and Exchange Commission has made some serious allegations against Binance empire and its founder Changpeng Zhao. US SEC cited Binance CCO admitting that they are operating as an unli...
Shiba Inu (SHIB) Unleashes Shibarium Beta ‘Puppynet’ With Ongoing Improvements
Extensive work seems to be continuing on the Shibarium beta “Puppynet,” as hinted yesterday by Shiba ecosystem official Lucie. Puppyscan, the blockchain explorer for Shibarium beta Puppyn...
SushiSwap Launch Sushi DEX Aggregator for Liquidity Support
Sushi noted that its team had been working secretly on building an aggregation router for a while now as it is part of the platform’s bigger vision for 2023. Open-source Decentralized Exchange (DEX) ...
SOL’s Price May Be at Risk of Gradually Dwindling to Sub $10
The price of Solana (SOL) has dropped 50% year-to-date, and 95% from its 2022 highs. CoinMarketCap indicated that the altcoin also printed a 8+% loss over the past 24 hours. Technical indicators sugge...
Binance secures certifications in Europe and other jurisdictions
Binance has received the ISO 27001 and ISO 27701 information security governance and privacy information management certifications in France, the United Arab Emirates, and Bahrain. A-LIGN, a global se...
Etherscan Advanced Filter Feature Helps On-chain Sleuths
The Ethereum blockchain explorer Etherscan has rolled out a new advanced filtering feature that expands the tool kit available for reading on-chain data. The new feature, in beta, makes it easier to s...
Is Ron DeSantis Right? Only 16% of Americans Support a CBDC in Latest Poll
Only 16% of Americans said they favored a CBDC compared to 34% that opposed the technology’s adoption, according to the latest series of polls conducted by the Cato Institute. The libertarian think ta...
The Outcome of the SEC’s Case Against Binance: Who Will Come Out on Top?
On Monday, the U.S. Securities and Exchange Commission (SEC) filed a legal complaint against Binance and its CEO, Changpeng Zhao, accusing Binance of operating an exchange without proper registration ...
Circle to launch USDC Stablecoin on Arbitrum, Tradecurve exchange…
Prominent stablecoin issuer Circle announced that they would launch USDC natively on top of Arbitrum starting on June 8, 2023, and they will be replacing the abridged version of the stablecoin. A comp...
Ripple’s XRP Not Named a Security in the SEC’s Case Against Coinbase
The US Securities and Exchange Commission has filed a lawsuit against Coinbase – in what seems to be the latest turn of events. The motion comes a day after the SEC also filed against Binance. The two...
Louis Vuitton Digital Collectible ‘Treasure Trunk’ Web3
Louis Vuitton is diving deeper into the world of NFTs. They have just announced a new “Treasure Trunks” collection that combines physical and digital elements. By owning these iconic ‘Treasure Trunks’...
Binance Responds to SEC’s Complaint, Pledges “Vigorous” Defense Amid Overwhelming Industry Support ⋆ ZyCrypto
Advertisement     On Monday, Binance, the world’s largest cryptocurrency exchange by traded volume, was hit with a lawsuit by the U.S. Securities and Exchange Commission (SEC) alleging...
Gateway Issues Cause Withdrawal And Deposit Delays For Kraken Exchange
Renowned exchange Kraken is battling issues with its crypto funding gateways, which include BTC, ETH, and ERC-20, as users experienced delays in deposits and withdrawals. On their status page, Kraken...
Binance Receives Strong Support Amid SEC Allegations
Key Points: FBG Capital and machibigbrother.eth show support for Binance amidst SEC lawsuit. The SEC accuses the exchange of mishandling customer funds and lying to regulators and investors. The BNB t...
Apple Vision Pro Will Compete with Meta Quest 3, Here’s Difference
Apple and Meta will be taking the battle on the frontier of mixed-reality headsets. Here’s a look into how each of the devices – Apple Vision Pro and Meta Quest 3 – compare with each other. Mixed Real...
New XRPL Chain Passes Security Audit, Set to Use XRP but No Association with Ripple
The new XRPL chain passes its security audit, with disclosures suggesting it will use XRP but has no association with Ripple or the US. XRPL Labs, a firm specializing in creating applications and serv...
Metropolitan Museum of Art Will Return $550K in FTX Donations
The Metropolitan Museum of Art has agreed to return hundreds of thousands of dollars in donations it received from FTX under the leadership of founder and former CEO Sam Bankman-Fried. The museum, loc...
Coinbase Stock Nosedives 18% Following SEC Lawsuit
The US Securities and Exchange Commission (SEC) has recently filed a lawsuit against Coinbase. The federal agency accused the crypto exchange of acting as a broker, national securities exchange, and c...
Unigrid Secures $25M Investment Commitment from GEM Digital, Part…
Unigrid, a pioneering force in the development of a decentralized and anonymous Internet, is excited to announce a significant milestone, a new strategic partnership, and an ambitious market positioni...
The SEC Claims These Coins are Securities in the Lawsuit Against Coinbase
It appears Binance is not the only crypto heavyweight that the SEC is aimed at. The US Securities and Exchange Commission has just filed another lawsuit – this time against the leading US-based crypto...
SEC Wants Blood: Coinbase Sued 1 Day After Binance
The U.S. Securities and Exchange Commission (SEC) filed a complaint against crypto exchange Coinbase over allegedly trading unregistered securities. According to a document filed with the Southern Dis...
XRPL Smart Contract Hooks Passed Third-Party Security Audit
Vladislav Sopov Basic smart contract functionality dubbed XRPL Hooks successfully underwent security audit by leading third-party vendor Contents XRP Ledger is now one step closer to smart contracts, ...
SEC Charges on Binance Catalyze PEPE’s Market Plunge to a 30-Day Low
Pepe (PEPE) faces sell-off amid Binance controversy. PEPE price hits a 30-day low after the massive token dump. Increased trading volume suggests potential PEPE market recovery. A spectacular sell-off...
SEC sues Coinbase just hours after Binance
Several hours after suing Binance and its founder Changpeng Zhao, the US Securities and Exchanges Commission (SEC) has unveiled a similar case against its rival, Coinbase. The complaint, filed against...
Coinbase sued by SEC, slapped with show cause order by ten US states
Just a day after Binance, the Securities and Exchange Commission (SEC) has charged US crypto exchange Coinbase for allegedly violating federal securities law. The SEC warned Coinbase that it could soo...
Coinbase Stock Tanks 16% Following SEC Lawsuit
Coinbase shares dipped about 16% during pre-market trading Tuesday morning in New York following news that the SEC has charged the exchange for allegedly violating securities laws. The crash comes on...
Coinbase drops 15% in pre-market trading after SEC lawsuit
Quick Take Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations It is now trading below $50.00. However, Coinbase was trading 8...
DEX Volumes Surge Over 150% After SEC Sues Binance
Trading volumes on the Uniswap v3 decentralized exchange (DEX) on Ethereum jumped 87% in the past 24 hours after the US Securities and Exchange Commission (SEC) sued Binance for offering unregistered ...