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First Mover Americas: Bitcoin Shows Resilience Amid SEC Lawsuits Against Binance, Coinbase
7.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Exchange Bybit Announces AED 1 Million Scholarship Fund at UAE University
7.6.2023
As the regulatory environment in the United States become too hot to handle, cryptocurrency exchanges continue expanding their reach for better business environments. The United Arab Emirates (UAE) presents as one of these greener pastures. One of the most popular exchanges in the world, Bybit,...
SEC lawsuit against Binance and Coinbase unifies the crypto industry
7.6.2023
Blockchain Association CEO Kristin Smith said that while the SEC's approach to regulation is expected due to its anti-crypto stance, it’s still "unacceptable."
Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein
7.6.2023
Crypto regulation has become a political debate and a turf battle between the SEC and the CFTC, the report said
SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
7.6.2023
The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao
SEC Crackdown Spurs Robinhood to Review Its Crypto Operations
7.6.2023
Popular brokerage firm Robinhood is reconsidering its cryptocurrency offerings after the Securities and Exchange Commission took action against two major digital asset trading platforms earlier this week.
During a meeting focused on digital assets, Dan Gallagher, Robinhood's legal chief and...
After Binance, Coinbase comes under the scrutiny of the SEC
7.6.2023
The US Securities & Exchange Commission has charged Coinbase with the allegations of failing to register the offering of staking-as-a-service. This is on top of not registering the buying and selling of securities. Coinbase, here, seems to be on the path of Binance, which was recently charged...
SEC’s Binance.US Probe Started in 2020, Court Filings Show
7.6.2023
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company
Bitcoin Price Prediction: BTC Rebounds to $27,000 Following SEC Lawsuit Against Binance
7.6.2023
Bitcoin, the leading cryptocurrency, has experienced a rebound in its price, climbing back up to $27,000 after facing a significant drop caused by the SEC's lawsuit against Binance.
The lawsuit has created uncertainty in the cryptocurrency market, impacting various digital assets.
However...
SEC's Gensler claims ‘parallels’ between Binance and FTX, yet one wasn't sued
7.6.2023
“Every major player has been sued by the SEC except for FTX,” several members of the crypto community have noted
SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
7.6.2023
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase
Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion
7.6.2023
Binance, the world’s largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitcoin outflows of around 15,438 BTC worth more than...
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
7.6.2023
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
7.6.2023
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days
SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns
7.6.2023
Seeking court approval, the U.S. Securities and Exchange Commission (SEC) is actively pursuing a measure to freeze cryptocurrency assets linked to Binance US. In order to to “ensure the safety of customer assets,” the securities regulator deems this action as an urgent necessity. SEC Files...
Binance.US says user funds 'remain safe' amid SEC attempt to freeze assets
7.6.2023
The U.S.-based exchange said it's "fully operational" and called the SEC's motion "unwarranted."
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
6.6.2023
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere
SEC files motion for restraining order against Binance
6.6.2023
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange
SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
6.6.2023
The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday