Binance and CEO Changpeng Zhao ask court to dismiss SEC suit
Binance Holdings, its U.S. counterpart, and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC. Binance CEO Changpeng “CZ” Zhao and his…
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase. United States regulators including the…
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. The venture capital industry appears to be gearing…
Coinbase sought FTX Europe acquisition after bankruptcy: Report
To expand its derivatives business overseas, Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022. Crypto exchange Coinbase attempted to acquire FTX Europe twice…
Architect fintech receives NFA approval to operate as introducing broker
The former president of FTX US founded the company in January to serve institutional investors in crypto and traditional derivatives. Architect Financial Technologies, the startup founded by former FTX US…
Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Google’s BigQuery added 11 new public datasets for blockchain networks, allowing users to obtain a variety of data from these networks. Google Cloud’s BigQuery service just added 11 blockchains networks…
Real estate or Bitcoin: Which is more reliable?
Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. On this…
EU Parliament research recommends non-EU nations tighten crypto regulation
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report. The European Parliamentary Research Service (EPRS)…
Bitcoin blasts past its 2021 all-time high in Argentina, but hyperinflation outpaces gains
Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period. Argentina has grappled with hyperinflation for several decades…
Price analysis 9/22: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips. The Federal Reserve did not…
Bybit will suspend services in UK following financial regulator’s ‘final warning’
Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.” Dubai-headquartered cryptocurrency exchange Bybit has announced…
Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radar
Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda. Bitcoin (BTC) circled lower after the Sept. 21 Wall Street open…
Bitcoin mining can help reduce up to 8% of global emissions: Report
The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions. A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has…
Sam Bankman-Fried Has Seven Witnesses Barred From Testifying At Trial
Seven witnesses proposed by FTX founder Sam Bankman-Fried were barred from testifying at his trial next month. Judge Lewis Kaplan said the witnesses failed to Go to Source
Binance and Changpeng Zhao Seek Dismissal of SEC Lawsuit, Citing Regulatory Overreach
Binance Holdings and its CEO, Changpeng Zhao, requested the dismissal of a lawsuit brought against them by the Securities and Exchange Commission (SEC), arguing the Go to Source