SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the…
Day: 6 June 2023
Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s…
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and…
Google Cloud launches free courses to help users build their own GPT-style AI
The new corpus includes nine courses and a set of labs that students can complete…
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the…
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it…
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. The…
Coinbase CEO responds to SEC suit, says team is ‘confident’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear…
Small business lending protocol Defactor tokenizes $100M in bonds
The bonds are tokenized on Polygon using the ERC-3643 token standard. On June 6, decentralized…
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
The full Agriculture Committee heard testimony from CFTC Chair Rostin Behnam, a full roster of…
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital will split into U.S./Europe, India/SEA,…
Bitcoin price bounces past $26K as Coinbase news fails to shake bulls
Bitcoin’s price stages a sudden comeback from its lowest levels since mid-March. Bitcoin (BTC) recovered…
Facebook Co-Founder Eduardo Saverin Explores Raising $500 Million Venture Capital Fund, Aims to Unleash New Investment Opportunities
Facebook co-founder Eduardo Saverin is considering plans to set up a $500 million venture capital…
SEC Files Lawsuit Against Coinbase for Unregistered Crypto Broker Activity
The United States Securities and Exchange Commission (SEC), the top regulator on Wall Street, has…
Coinbase stock plunges 20% on SEC lawsuit
The cryptocurrency exchange faces scrutiny from state regulators simultaneous to the SEC litigation. The stock…
