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Binance CEO Denies US Subsidiary ever Used Ceffu or Binance Custody, Sparks Controversy
September 20, 2023
Binance CEO, Changpeng Zhao, publicly denies that Binance.US, its American subsidiary, has ever made use of Ceffu or Binance Custody for custodial services. Zhao's assertion has raised eyebrows as it …
Read moreFTX Bankruptcy Estate Sues Founder's Parents Over Alleged Misappropriation of Funds
September 19, 2023
The necessary parties involved have lodged a lawsuit against Joseph Bankman and Barbara Fried, the parents of failed cryptocurrency exchange FTX's founder Sam Bankman-Fried, accusing them of insider exploitation leading …
Read moreSEC's Impact on the Cryptocurrency Market: A Close Look at Binance.US
September 19, 2023
The Securities and Exchange Commission (SEC) has been keeping a tight watch on the cryptocurrency industry, initiating enforcement actions against several companies involved in initial coin offerings (ICOs) that they …
Read moreVenture Capital Firm Blockchain Capital Secures $580M for Two New Crypto Investment Funds
September 19, 2023
Blockchain Capital, a pioneering crypto venture capital firm, has successfully raised a staggering $580 million to bolster its investment capabilities. The expansion comprises two funds: one sizable early-stage and one …
Read moreStoner Cats NFT Trading Restricted on Major Marketplaces
September 19, 2023
The trading of Stoner Cats, a cartoon NFT collection conceptualized by actress Mila Kunis, has been restricted on multiple non-fungible token (NFT) marketplaces following recent events and SEC involvement. OpenSea, …
Read moreBitcoin Micro Investors Surge to All-Time High, LTH-SOPR Metric and Open Interest Increase
September 19, 2023
It's been a noteworthy period for the Bitcoin market as various indicators reveal significant shifts in investor activity. One discernible trend shows that bitcoin addresses holding 0.01 or less have …
Read moreNew York Upscales Crypto Regulatory Standards
September 19, 2023
In an attempt to safeguard its market integrity and consumer rights, The New York State Department of Financial Services (NYDFS) has declared an immediate adoption of new rules focusing on …
Read moreSEC Accuses Binance US of Non-compliance Amidst Regulatory Scrutiny
September 18, 2023
The legal confrontation between the United States Securities Exchange Commission (SEC) and Binance.US, a popular crypto exchange, seems to be escalating. The SEC accuses Binance's holding company, BAM, of non-cooperation …
Read moreCitigroup Introduces Citi Token Services, Leverages Blockchain for Institutional Clients
September 18, 2023
Citigroup has announced the pilot launch of its Citi Token Services, a blockchain-powered platform that enhances cash management and trade finance mechanisms. This new service integrates tokenized deposits and smart …
Read moreBitcoin At $27,000: An Overview of the Week's Crypto News
September 18, 2023
Despite a volatile week, Bitcoin held the $27,000 mark after a possible inverse correlation with the US Dollar Index (DXY) was highlighted during financial turmoil. Yet, even as BTC price …
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