Summary: The financial watchdog said 16 cryptocurrencies count as securities according to documents filed at a federal court. Tokens like SOL, MATIC, and ADA were named in lawsuits against Binance…
SEC Chairman Gary Gensler has stated that the United States doesn’t need more digital currency. Gensler has alleged that crypto’s business model is built on non-compliance with U.S. securities laws.…
Summary: The Bitcoin network is now supported on the Binance NFT marketplace. NFTs on Bitcoin are a hot new narrative capturing attention within BTC’s community and the broader crypto market…
Ten US states have issued show cause orders to Coinbase in parallel action to the SEC’s lawsuit. The Alabama Securities Commission has given Coinbase 28 days to respond to the…
Summary: “Coinbase has never registered with the SEC” as a securities exchange, the U.S. Securities and Exchange Commission filed in its lawsuit against America’s biggest crypto exchange. The SEC again…
Paul Grewal, the Chief Legal Officer at Coinbase, is set to appear before the U.S. House Committee on Agriculture. The crypto giant’s legal chief will emphasize the need for clear…
The judge overseeing Genesis Global’s bankruptcy case has extended its mediation period. FTX’s request to join the court-appointed mediation talks has been denied by bankruptcy Judge Sean Lane. Arguments on…
A judicial panel has ordered the consolidation of the lawsuits against FTX’s financial backers and celebrity promoters. A multi-district litigation has been created before a U.S. District Judge in Miami,…
Tether has joined El Salvador’s Volcano Energy project to develop a Bitcoin mining farm. The billion-dollar project aims to tap into El Salvador’s renewable energy sources to support sustainable Bitcoin…
Summary: The New York Metropolitan Museum is set to return over half a million dollars donated by bankrupt crypto exchange FTX in March and May of 2022. Court documents noted…
Summary: The SEC claims that Binance and its CEO Changpeng Zhao violated U.S. laws by knowingly operating an unlicensed securities exchange. Several tokens like SOL, ADA, and MATIC were labeled…
Summary: On-chain data showed that multichain transactions on Polygon, Avalanche, zkSync Era, and Kava networks resumed on Monday. Cross-chain services across 11 chains remain suspended as the team announced last…
Summary: TerraUSD creator Do Kwon secured his $428,000 bail from a Montenegro court in a third round of judiciary negotiations. The initial approved order from a Basic Court was previously…
FTX has filed an objection to the mediation extension proposed by Genesis Global. As Genesis’ largest creditor, the crypto exchange took issue with not being included in the mediation process.…
Marathon Digital’s Bitcoin mining output in May is up 77% from the previous month. The Bitcoin mining firm mined a record 1,245 BTC during May 2023 thanks to increased hash…
