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Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says

8.6.2023
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited

Binance Says Gensler Once Offered to Be an 'Informal Advisor'

8.6.2023
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder

U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether

8.6.2023
The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers

First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst

8.6.2023
ALSO: Stablecoin balances may provide additional insight into price direction

Arbitrum Temporarily Stopped Processing Due to Software Bug

8.6.2023

UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules

8.6.2023
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions

‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown

7.6.2023
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support

Coinbase CEO Armstrong Says Not Shutting Down Staking Service

7.6.2023
Coinbase

BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

7.6.2023
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat

12 Ways Web3 Media Could Embrace AI

7.6.2023
From chatbots to deep blockchain data analysis, artificial intelligence can help Web3 news organizations function. But there are plenty of pitfalls too

Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive

7.6.2023
Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event

NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior

7.6.2023
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted

7.6.2023
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were...

The SEC Is Fighting the Last War

7.6.2023
SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not

The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future

7.6.2023
Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better?