The SEC has reportedly asked a US federal court to freeze the entire assets of Binance US. This comes two days after The SEC sued
Month: June 2023
Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’
SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase Global ended 10% down on
Kraken probing funding Gateways amid deposit and withdrawal delays
Kraken recently suffered operational delays due to technical issues with crypto funding gateways. The exchange was however able to quickly resolve the problem although the
Bitcoin network hash rate hit a record high in May
Bitcoin network activity climbed for the fifth month straight. Mining difficulty and transaction fee also climbed in May. The world’s largest cryptocurrency lost about 8.0%
Coinbase temporarily pauses ETH staking reward payouts
Coinbase yesterday evening announced it was suspending ETH staking reward payouts. The crypto exchange has been having some issues with ETH staking recently. The exchange,
Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held
MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s
Ethereum gas fee sinks close to 70% in under a month
Ethereum gas fee tanked all the way down to under $5 in May. BlackRock CEO Larry Fink reiterates dedollarisation as a real risk. Ethereum is
Tornado Cash price: no TORN boost even as deposits resume on major exchange
TORN price was down 3% and traded near $4.09. Binance had on Monday announced it would be resuming TORN deposits. The Tornado Cash DAO suffered
Wintermute sells 2.651M Optimism tokens on Binance ahead of token unlock
386 million Optimism (OP) tokens will be unlocked on May 31, Wintermute transferred 2.651 million OP tokens to Binance and later sold all the tokens.