Key takeaways Crypto exchange Binance is leaving the Dutch market after failing to register as a VASP in the Netherlands. Binance recently applied to deregister
Month: June 2023
MetaMask does not collect taxes on crypto transactions- ConsenSys
ConsenSys says allegations about MetaMask as false The section in its terms referred to in allegations that MetaMask collects taxes on crypto only applies to
Coinbase CEO sold big chunk of company shares a day ahead of SEC complaint
Brian Armstrong sold over 29,000 shares ahead of SEC lawsuit. Fox Business journalist says the sale was perfectly legal. Coinbase shares are currently down 35%
Chancer to launch token presale for its prediction platform
Chancer, a new company, will launch its token presale on June 13. The company hopes to use blockchain to disrupt the predictions market. Users will
Crypto.com suspends institutional exchange services in the US
Crypto.com cited limited demand for institutional-grade services. The services will be suspended from June 21. Crypto.com’s retail mobile application and platform remain fully operational in
Nigeria’s SEC orders Binance Nigeria Limited to stop operations
Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes
US SEC sues Binance and Coinbase, but Bitcoin remains above $26k
Key takeaways Bitcoin maintains its value above $26k despite the FUD surrounding Binance and Coinbase. The resilience of the market could prove beneficial to new
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock
Binance.US to delist 40 trading pairs, pauses OTC trading
Binance.US is delisting advanced trading pairs for coins such as AAVE, BCH and MKR on June 8. The 40 coins being delisted are for advanced
Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy