Binance Unveils New Cloud Mining Products Amidst Regulatory Turmoil
Binance announced the launch of a new batch of Cloud Mining products for BTC mining in a statement on Wednesday. The exchange’s cloud mining service was released last November and…
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Gary Gensler: Crypto market is like 1920s stock market, full of ‘fraudsters’
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today.
US Government Objects to Bittrex’s Customer-Repayment Proposal
Bittrex’s attempt to return customer funds has met with a significant roadblock from the United States, sparking concerns about the proposed resolution for the crypto exchange’s bankruptcy case. The firm…
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing.
Ripple v. SEC: The Case So Far and What’s Next for the XRP Price?
During the winter of 2020, the United States Securities and Exchange Commission fired the first bullet in what would eventually become a dragged-out legal battle against the entire cryptocurrency industry.…
Bitcoin Investors Remain Resilient Despite Blow on Coinbase, Binance: Data
The overall market cap fell to $1.07 trillion – a level last seen three months ago – before a modest recovery to the press time figure of $1.1 trillion. Bitcoin,…
SEC is killing innovation in United States – 1inch co-founder
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US.
SEC’s crypto actions surged 183% in 6 months after the FTX collapse
The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX.
Binance Lawyers Claim Gensler Offered to be Company Advisor
On June 7, attorneys from Gibson Dunn and Latham & Watkins, two of Binance’s law firms, made a court filing in response to the latest SEC crackdown. In it, they…
Robinhood ‘Actively’ Reviews Crypto Offering After SEC Widens Industry Crackdown
Robinhood Markets is weighing on its crypto offerings according to the firm’s legal chief Dan Gallagher amid intensified crackdown on the industry. The move comes as the securities regulator targeted…
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