Key points: About $315 million has been liquidated in the past 24 hours after the SEC filed a lawsuit against the market’s largest cryptocurrency exchange, Binance. This is a record liquidation in at ...
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Live Tech News Updates.
Cardano Founder Warns Of “CBDC Agenda” In Binance SEC Complaint
The recent Securities and Exchange Commission (SEC) complaint against Binance has raised concerns among supporters of the cryptocurrency industry, with some fearing that it is part of a larger plan to...
US Metropolitan Museum of Art to Return FTX’s $550K Donations
The Metropolitan Museum of Art (the Met) has agreed to return the $550,000 donations it received from bankrupt crypto exchange FTX last year. The donations were made by West Realm Shires Services, an ...
Justin Sun Defends CZ And Claims Binance Innocent Before SEC Lawsuits
Key Points: Tron founder Justin Sun has defended CZ and Binance against actions against the SEC. He believes that Binance can prove his innocence and will accompany CZ to overcome the challenge. The U...
PEPE’s hopes of a corrective bounce remain elusive
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Pepe’s [PEPE] frenzy seemed to be fizzling out, d...
Here’s Why LUNC’s Price Could Cross $0.00015 Soon
LUNC’s price has seen some upside over the past week after an important proposal went live. The price has since begun to cool off since the initial pump. However, there is still a bullish case to be m...
Apple’s Vision Pro Headset May Change the Way the Metaverse and Web3 is Created
The sleek device, an expansion of Apple’s existing hardware lineup, is controlled by a user’s eyes, hands and voice inputs. Most impressively, Apple says that the device will “intera...
Binance Immediately Responds Strongly to SEC Allegations
Key Points: Binance spoke out in response to the SEC after the recent event. The exchange expressed regret over the SEC’s decision to file a complaint seeking emergency relief against the exchange. Bi...
BNB Drops Over 10% After Binance Was Sued By SEC
Key Points: The price of BNB declined immediately after Binance exchange was sued by the SEC. Binance failed to register as a securities exchange and operated unlawfully in the United States, accordin...
Genesis granted plan extension; judge says FTX can’t take part in mediation
A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankru...
SEC Sues Binance And CZ For Breaking US Securities Rules
The Securities and Exchange Commission (SEC) has filed a lawsuit against Binance. The SEC alleges that Binance mishandled customer funds and lied to regulators and investors about its operations. Acco...
Kraken’s New CTO Vishnu Patankar Promotes AI Power
Key Points: Cryptocurrency exchange Kraken announced it had appointed Vishnu Patankar as Chief Technology Officer (CTO). He will manage the engineering team and collaborate with corporate executives t...
SEC Strikes Back: Popular Tokens SOL, ADA, MATIC Among Alleged Unregistered Securities
18 seconds ago | 2 mins read Market News SEC files lawsuit against Binance, alleging unregistered crypto asset securities. Ten tokens, including popular cryptocurrencies, identified in the complaint. ...
KyberSwap Integrated Arbitrum’s AMM Protocol Chronos To Expand New Liquidity
Key Points: Chronos, Arbitrum’s AMM protocol, has been incorporated into KyberSwap, a decentralized trading platform backed by the Kyber Network protocol. The goal of this integration is to increase K...
US SEC Takes Aim At Binance’s Ex-CCO For Willful Violation
In a civil suit filed in Washington D.C.’s federal court, the Securities and Exchange Commission (SEC) has accused Binance, the world’s largest cryptocurrency exchange, of operating as a thinly-veiled...
Will $BNB Price Lose $250 Support Amid Recent Sell-off?
Published 3 hours ago Binance Coin Price Analysis: On Monday 5th June, the BNB price witnessed a significant outflow, registering an intraday loss of 10%.This sudden downfall has more likely arisen wi...
US SEC Sues Binance, Fails To Mention Ripple (XRP) As Security
In a shock move that has forced the cryptocurrency markets lower, the United States Securities and Exchange Commission (SEC) on June 5 sued Binance, the world’s largest cryptocurrency exchange, accusi...
SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
The announcement of the United States Securities and Exchange Commission (SEC) suit against Binance, Binance.US and Binance CEO Changpeng Zhao (CZ) may have surprised the crypto community, but the SEC...
Polygon zkEVM’s Unprecedented Growth Amid May’s DeFi Slowdown
Polygon zkEVM bucks the trend, showing the highest TVL growth in May 2023. zkEVM’s scalability, privacy, and Ethereum compatibility fuel its Growth. The DeFi market’s volatility emphasizes the need fo...
Binance Exposed For Allegedly Controlling U.S. Affiliate’s Bank Accounts
Binance’s alleged control over its US affiliate’s finances has come under the spotlight again following the revelation that a senior executive, Guangying Chen, was the main operator of five bank accou...
Binance was wrong to boot Monero, ZCash and other privacy coins
Binance announced in May that it would delist so-called “privacy coins” such as Monero (XMR), Zcash (ZEC) and others in several countries, including France, Italy, Spain and Poland. The decision under...
Cardano Chief Fearmongers “1984” Scenario as SEC Slaps Binance with Lawsuit
Alex Dovbnya The dread-infused rant paints a grim narrative of a “1984”-esque future dominated by government and a handful of powerful banks The recent Securities and Exchange Commission (...
Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference
REMOTE-FIRST-COMPANY/SAN DIEGO–(BUSINESS WIRE)–Coinbase Global, Inc. announced today that Paul Grewal, Chief Legal Officer, will participate in a fireside chat at the Morgan Stanley US Financials, Pay...
Reversal From Multi-Month Resistance Puts $XRP Price Under Correction Threat; Back to $0.45?
Published 3 hours ago On Monday 5th June, the crypto market witnessed a sudden sell-off and tumbled several cryptocurrencies lower on an intraday level. The downfall is likely to be associated with th...
Tether (USDT) Replaces SWIFT for USD Operations of Xapo Bank: Details
Vladislav Sopov Gibraltar’s crypto-friendly fintech Xapo Bank becomes first regulated bank to use Tether (USDT) for USD accounts Contents Xapo Bank pioneered using Tether (USDT) for USD accounts...
Binance Awarded New ISO Certificates For Data Protection And Security
Key Points: Binance receives ISO 27001 and ISO 27701 certifications for information security governance and privacy information management. A-LIGN awarded certifications after thoroughly evaluating th...
Musk Manipulated DOGE for Profit, Say Investors
Elon Musk, the fabulously wealthier innovator, faces a class-action lawsuit from investors who accuse him of insider trading and manipulating Dogecoin (DOGE). Musk’s actions allegedly led to a signifi...
How Binance is Fighting Back Against SEC Accusations?
Binance, the world’s largest cryptocurrency exchange, and its US affiliate are currently under investigation in the United States for various alleged crimes, such as aiding money laundering and commit...
LUNC: Week-long uptick fizzles out – what’s going on?
Long-positioned traders took the baton of liquidation from shorts. Amid bearish tendencies, the ADX could keep LUNC’s price higher. After witnessing a period of positive price movement, Terra Classic ...
Binance CEO On US SEC Allegations
Crypto News: The global cryptocurrency market witnessed a massive sell off on Monday. The cumulative digital asset market cap fell sharply by more than 5% losing more than $53 billion in just 1 hour. ...
Optimism $OP ‘Bedrock’ Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to ‘Superchain’
The layer 2 landscape on top of Ethereum has seen some intense competition over the past few months. According to L2Beat, Arbitrum, another optimistic scaling solution and Optimism’s biggest rival, le...
Luna Classic (LUNC) Unexpectedly Spikes, But Then Loses 14%
Arman Shirinyan LUNC made an unexpected move despite everything being against it Contents Cardano remains resilient SUI’s wavelike performance In a surprising twist, Luna Classic (LUNC), the ori...