Regulation
Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said. Source...
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Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant. Source link
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Crypto Traders Suffer $320M Losses in Liquidations as BTC, ETH, BNB Prices Drop Amid Binance SEC Lawsuit
Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its...
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Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy. Source link
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Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
Similarly, Valerii Brizhatiuk, co-founder of Swisstronik, an identity-based L1, said that “players such as Binance have a wide range of...
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The Lightning Network Doesn’t Fix Everything Wrong With Bitcoin
Putting that aside for now, there’s a growing pragmatic view that the Lightning Network is or probably will be good...
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Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff
“Growth has been hard to predict in this extended bear market and uncertain regulatory environment,” a spokesperson for Arca told...
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Binance Crypto Exchange Endures $69M in Net Outflows Within an Hour Amid SEC Lawsuit: Nansen
The outflows came as the SEC lawsuit alleges that Binance, the world’s largest crypto exchange by trading volume, breached multiple...
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DYDX Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations
DYDX, the native token for the decentralized exchange platform with the same name, jumped to $2.23 at press time after...
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SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao, Binance.US Over Multiple Securities Violation Allegations
Binance, Binance.US and CZ offered unregistered securities to the general public in the form of the BNB token and Binance-linked...
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