Category: Latest news

[ad_1] Binance CEO Changpeng Zhao (CZ) described the U.S. Security and Exchange Commission lawsuit against his firm as an attack on the entire crypto industry. On June 5, the SEC filed a lawsuit against Binance, and related entities, alleging federal securities law violations placing American investors at risk, including the firm offering of unregistered security…

[ad_1] Quick Take Following the announcement of the SEC suing Binance, we saw very similar behaviors to when the CFTC announced they were suing Binance. Kaiko’s research shows the Bitcoin price move between the CFTC and SEC lawsuit announcement in the chart below. Bitcoin recovered from the CFTC suit in a shorter amount of time…

[ad_1] On June 5, the U.S. Securities and Exchange Commission (SEC) filed extensive charges against leading cryptocurrency exchange Binance and related parties, alleging securities law violations. The filing represents one of the most comprehensive sets of charges filed by the SEC against a cryptocurrency company to date. Below are the most important allegations and facts.…

[ad_1] El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project. The country plans to add 241 MW of renewables and 1.3 Eh/s of Bitcoin mining, marking a further step towards “economic freedom,” energy competitiveness, and “self-reliance,” as shared on Twitter…

[ad_1] The U.S. Securities and Exchange’s (SEC) lawsuit against Binance wiped off over $200 million within one hour from crypto traders who held positions on the market. Following the news, CryptoSlate’s data showed that the total market cap of digital assets declined 2.87% to $1.12 trillion. Nearly $300M in the last 24 hours The crypto…

[ad_1] The U.S. Securities and Exchange Commission (SEC) filed suit against Binance today in a move that has rocked the cryptocurrency industry.  The complaint notably includes language in which the SEC clearly elucidates that it considers many of the tokens that traded on Binance to be unregistered securities and lays out its case against several…

[ad_1] A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings. On May 19, the company requested a 100-day extension to the deadline for filing its recovery plan. Now,…

[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] A wave of regulatory pressure rippling through the U.S. crypto market has pushed traders away from Bitcoin (BTC) and Ethereum (ETH) and towards the seeming safety of stablecoins. This shift aligns with the emergence of a burgeoning political movement in the U.S. aiming to impose stringent controls on the crypto and mining sectors. Proponents…

[ad_1] Terra LUNA co-founder Do Kwon successfully appealed against the prosecution’s request to keep him in custody, and is out on bail as of June 5. The Podriga Basic court overseeing the case granted the bail request and accepted the initial amount of $400,000. The high court had previously annulled the bail on May 18…