On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals
Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s...
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle...
US district court issues summons for Binance CEO Changpeng Zhao over SEC action
The United States district court in Washington, D.C. issued a summons for Binance CEO Changpeng Zhao on June 7, just two days after the Securities and...
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
Updated (June 8 at 12:44 AM UTC): This article has been updated to include comments from a Tether spokesperson.Binance.US removed trading services for several crypto tokens...
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock...
Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy...
Stacks price outlook: What next for STX after going vertical?
Stacks crypto price jumped to the upper side of the descending channel. The coin jumped because of its close relationship with Bitcoin. This rebound could...
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on...
Sequoia Capital announces three-way split to separate China business
Venture capital firm Sequoia Capital announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian...
SEC sues Coinbase for breaking US securities rules
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against New York-based crypto exchange Coinbase for offering unregistered securities.The SEC lawsuit alleges that Coinbase...