Category: Latest news

[ad_1] Lawyers in Binance’s securities case claim that SEC chair Gary Gensler once offered to serve as an advisor to their company, CNBC said on June 7. Gensler met CZ, offered to act as Binance advisor The U.S. Securities and Exchange Commission (SEC) sued Binance over alleged securities violations on June 5. Now, CNBC has…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Coinbase executives have stated that their company does not intend to end support for tokens and services named in a securities case. Coinbase doesn’t intend to reduce options The U.S. Securities and Exchange Commission (SEC) filed charges against Coinbase on June 6. It identified at least 13 of the cryptocurrencies listed by Coinbase, as…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Brian Armstrong, CEO of Coinbase, defended his firm’s position and the broader cryptocurrency sector in a Bloomberg Live interview today. Armstrong’s remarks come in response to a recent lawsuit from the Securities and Exchange Commission (SEC) and as the U.S. government escalates its clampdown on Binance, the world’s largest cryptocurrency exchange. Armstrong made it…

[ad_1] The SEC’s complaint against Binance.US includes excerpts of testimony given to the regulator by two of the firm’s former CEOs, one of whom has been radio silent since stepping down in 2021. The filings contain portions of the testimony given by Catherine Coley and Brian Brooks about their experience in leading Binance.US and the…

[ad_1] Quick Take Bitcoin outflows on June 7 from Binance seem rather small compared to previous capitulations.  Roughly 12,000 Bitcoin have left Binance on June 7. In the past year, especially during the FTX collapse, Binance saw 40,000 Bitcoin level the exchange in one day. It suggests investors are not fazed by the SEC lawsuit…

[ad_1] Binance and Coinbase have cumulatively seen net outflows of $597.2 million across all protocols during the last 24 hours, according to data from blockchain analytical firm Nansen. Source: Nansen A breakdown of the data showed that Binance and its U.S. subsidiary, Binance US, recorded a negative netflow of $491.9 million, while Coinbase saw $105.3…

[ad_1] The U.S. Securities and Exchange Commission (SEC) alleged that Binance sent a foreign affiliate of stablecoin issuer Paxos nearly $20 billion of commingled funds in 2021, according to a declaration made by Sachin Verma, an Assistant Chief Accountant of the Commission. In a June 7 court filing, Verma stated that Binance and its CEO…

[ad_1] San Francisco-based BTC pre-accelerator firm Bitcoin Startup Lab has raised $1.5 million in a strategic funding round led by Sora Ventures. This puts the firm’s valuation at $20 million. Bitcoin Startup Lab Bitcoin Startup Lab aims to advance Web3 development on the Bitcoin network by supporting entrepreneurs in building their projects. Through its startup…