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Binance Burns Over $500 Million of BNB Tokens – Pump Incoming?


The major crypto exchange Binance on Thursday completed its last BNB token burn for the third quarter, with more than 2 million BNB tokens burned at a value of well over $500 million. The total amount of tokens burned during the quarter 2,065,152.42 BNB, and was comprised of token burns under...

Coin Center Sues Janet Yellen Over Tornado Cash Sanctions


The crypto think tank Coin Center has sued US Treasury Secretary Janet Yellen over sanctions imposed on the coin mixer Tornado Cash, saying the service has legitimate use cases. In the lawsuit, filed in Florida on Wednesday this week, Coin Center said Tornado Cash is “an open-source software tool...

SEC Investigating Bored Ape NFT Creator Over Unregistered Asset Offering


The U.S. Securities and Exchange Commission (SEC) has launched a probe into Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club, over the sale of its NFTs and digital tokens. The regulatory agency is investigating whether some Yuga Labs NFTs are akin to stocks and should...

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