Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission (SEC) was successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, making...
Binance’s local unit in France is being investigated by public prosecutors in Paris over ‘illegal’ provision of crypto services before it was licensed in May last year, CoinDesk reports. The exchange is also being probed for ‘acts of aggravated...
The team of Pods recently announced the mainnet launch of its 3rd strategy on Pods Yield: FUD Vault, which now complements ETHphoria and stETHvv. FUD Vault provides a way for users to benefit from market downturns by offering a...
The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH). Following the...
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
On March 31, 2021, Tether claimed it had more than $35.5 billion in U.S. dollar equivalents at these institutions, according to the documents. They were shared with CoinDesk by the New York Attorney General’s office (NYAG) in response to...
Crypto Twitter was witness to a fierce debate this wee, with billionaire investor Mark Cuban accusing SEC’s Gary Gensler of throwing crypto under the bus while a former SEC official was quick to come to the regulator’s defense. In...
Hong Kong’s central bank is reportedly pushing HSBC, Standard Chartered, and the Bank of China, to accept cryptocurrency companies as clients, the Financial Times reported today (Thursday), citing three people familiar with the matter. Explore limitless, instant crypto swaps....
For the first time since mid-March, Bitcoin price dropped below $25,000 as trade volumes decreased and the U.S. Federal Reserve left interest rates untouched based on projections but warned of additional hikes this year to combat inflation. At the time...
But last week, Twitter users began to question the DAO’s leadership compensation after Vulkan, who serves as the ApeCoin secretary, posted an organizational chart of the ApeCoin DAO leadership system. Notably, the tweet also listed monthly salaries for each...
On-chain analytics firm Nansen released a new report detailing what happened to the Arbitrum network after its popular airdrop event. From sustaining the surge of users and transactions to a decline in new wallets conducting their first transaction, the...