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SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations
5.6.2023
The U.S. Securities and Exchange Commission is suing crypto exchange Binance and its CEO, Changpeng "CZ" Zhao on allegations of violating federal securities laws
Virtual Reality Tokens Surge 8% as Traders Await Apple's VR Headset Release
5.6.2023
Cryptocurrency's virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple's VR headset reveal on Monday
Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade
5.6.2023
Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
5.6.2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report
Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report
5.6.2023
Based on intimate, curated group discussions that took place at Consensus 2023, it covers a wide range of pressing issues for the digital assets industry
El Salvador's Volcano Energy Secures $1B in Commitments For 241 MW Bitcoin Mine
5.6.2023
The 241 MW site will be powered by wind and solar energy
Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters
5.6.2023
Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
5.6.2023
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH)
3 Reasons Why Beauty on the Blockchain Makes Sense
5.6.2023
Through new forms of digital artistry and cutting-edge technological innovation, today’s leading beauty companies hope to reach Web3-native consumers, create meaningful experiences and perhaps even clean up their supply chain
First Mover Americas: Is Bitcoin Heading Below $26K?
5.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan
5.6.2023
The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
5.6.2023
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week
New York’s Met Museum Agrees to Return $550K in FTX Donations
5.6.2023
The bankrupt crypto company is seeking the return of funds sent by Sam Bankman-Fried’s empire before its November collapse
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
5.6.2023
Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”
Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation
5.6.2023
The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January
Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters
5.6.2023
London-based Arch Insurance International, a syndicate member of Lloyd's of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges
UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation
5.6.2023
The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday
Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court
5.6.2023
A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
5.6.2023
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach
First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
5.6.2023
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling