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‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?

15.6.2023
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space

House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges

15.6.2023
A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said. A group of lawmakers in the House Financial Services Committee wrote to the SEC this week criticizing the proposed rule that they...

XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit

15.6.2023
The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon

Requiring DEXes to register with SEC like other exchanges is 'impossible', says Coinbase CLO

15.6.2023
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal

Why is BNB price up today?

14.6.2023
BNB price has rebounded more than 10% from its six-month low of $220 as short traders were squeezed alongside rising open interest

Is it Too Late to Buy Binance Coin? BNB Token Blasts Up 12% From Recent Crash and Traders Say This New AI Crypto Signals Platform May Be the Next Best Performer – Here's Why

14.6.2023
Binance Coin (BNB), the cryptocurrency that powers the Binance Smart Chain, has seen a decent 9% bounce from its recent lows. BNB/USD was last changing hands around $247, having crashed to lows around $220 earlier this week. The cryptocurrency was sent tumbling last week after the US Securities...

Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage Bot Profits $3 + More News

14.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage...

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

14.6.2023
A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...

Binance.US and SEC Working on a Deal to Avoid Total Asset Freeze – Here's What You Need to Know

14.6.2023
Binance.US and the US Securities and Exchange Commission are trying to reach a solution in order to avoid a total asset freeze. According to a report from Bloomberg, US District Judge Amy Berman Jackson announced Tuesday that the two sides “aren’t that far apart” on ways to protect billions...

Gary Gensler’s Catch-22 Vision of ‘Regulated’ Crypto Brokers

14.6.2023
The SEC-registered trading platform Prometheum pitched the House on Gary Gensler's vision. But skeptical legislators highlighted that the platform won't offer major assets, including Bitcoin

Decentraland is Going to Zero as the SEC Says MANA is a Security but This New Sustainable Crypto Could Be the Next Crypto to Explode – Here's How it Works

14.6.2023
Analysts are warning that Decentraland’s $MANA token could be going to zero in wake of the US Security and Exchange Commission’s (SEC) labeling of the token as an unregistered security. The US regulatory agency labeled the token as such as part of dual lawsuits unveiled against Coinbase...

Binance CEO Rejects Claims of Manipulating Market to Bolster Native Exchange Coin BNB

14.6.2023
Crypto fraud accusations against Binance and its CEO Changpeng “CZ” Zhao are casting a shadow over the reputation of the industry giant. Prominent market commentators, among them analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, have implied that Binance could be guilty of underhanded...

5 key highlights of the SEC’s lawsuit against Binance

14.6.2023
The SEC’s allegations against Binance include charges of misleading conduct, manipulative trading, diversion of customer assets and more

DigiToads is the safest bet in the face of SEC regulation

14.6.2023
As the world of finance continues to evolve with the rapid growth of digital assets, regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) have been closely monitoring and scrutinizing the cryptocurrency market. In this ever-changing landscape, where regulatory uncertainties...

US SEC Plans To Take Four Months to Coinbase’s Rulemaking Petition

14.6.2023
The US Securities and Exchange Commission could take months to decide whether or not to respond to crypto exchange Coinbase’s petition for rulemaking, according to a recent court filing. The SEC did not seem to be rushing to implement rulemaking for crypto in a court filing responding...

Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High

14.6.2023
XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the...

Binance's Emergency Fund Shrinks Amid SEC Legal Pressure

14.6.2023
The entire crypto market slid last week after the U.S. Securities and Exchange Commission (SEC) filed back-to-back lawsuits against Binance and Coinbase – two of the world’s largest digital asset exchanges by trading volume. ... Read More: Binance's Emergency Fund Shrinks Amid SEC Legal Pressure