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‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
13.6.2023
Binance.US has lodged its defense ahead of tomorrow's hearing on whether it’s funds will be frozen
Etoro to Delist ALGO, MANA, DASH, and MATIC for US Customers Amid ‘Evolving Regulatory Landscape’
13.6.2023
The social trading and investment company Etoro declared on Monday that starting July 12, 2023, U.S. customers would be unable to initiate new trades for ALGO, MANA, DASH, and MATIC. The company cited the “rapidly evolving regulatory landscape” as the reason behind the delistings....
Binance Lawyers Push Back Against US SEC Claims That Binance.US Customer Assets Are at Risk
13.6.2023
Attorneys for Binance.US and Binance CEO Changpeng Zhao argued that the US Securities and Exchange Commission’s temporary restraining order to freeze its assets should be denied.
There is no risk to customer assets, the lawyers said on Monday in a court filing ahead of a Tuesday hearing...
First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat
13.6.2023
ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."
Binance.US hires former SEC enforcement official amid lawsuit: Report
12.6.2023
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen
SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims
12.6.2023
A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday
Binance.US Adds to Its Legal Defense in Wake of SEC Lawsuit: Bloomberg News
12.6.2023
Binance.US has bulked up its legal expertise and added four lawyers to fight recent charges from the US Securities and Exchange Commission.
One of those lawyers includes former co-director of the SEC’s enforcement division, George Canellos, according to Bloomberg News.
Canellos was also...
Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
12.6.2023
Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto market
Potential Venus Protocol Liquidation Raises Concerns in BNB Community
12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
12.6.2023
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit
Latin American Crypto Holders Shift to Bitget Exchange Following Binance and Coinbase SEC Crackdown
12.6.2023
In the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges.
The American regulator...
Cardano's worst week since May 2021 is over — Will ADA price rebound 40%?
12.6.2023
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention
Open Interest in Binance's BNB Token Futures Jumps to 5-Month High
12.6.2023
The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market
Binance CEO CZ responds as data points to billions in exchange outflows
12.6.2023
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...
'Near impossible to know' what is and isn't a security: Mark Cuban on SEC
12.6.2023
The billionaire is the latest to argue that the SEC hasn’t provided crypto firms with a registration process to follow
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
12.6.2023
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10
Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’
11.6.2023
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should...
Binance Faces Regulatory Hurdle in Nigeria: Ordered to Cease Operations
11.6.2023
Binance, the world's largest cryptocurrency exchange by trading volume, has been ordered to cease operations in Nigeria by the country's Securities and Exchange Commission (SEC).
In a recent statement, the regulator declared the operations of Binance "illegal" in the West African nation, stating...
SEC Lawsuits Fuel Bitcoin and Ethereum Exodus From Exchanges: Nearly $1 Billion Withdrawn in 7 Days
11.6.2023
It has been six days since Binance faced a lawsuit from the U.S. Securities and Exchange Commission (SEC), and five days since Coinbase encountered a similar legal challenge. In the wake of these events, a substantial amount of bitcoin and ethereum has been withdrawn from exchanges, with data...