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Binance.US and Its Legal Team Allege SEC Issued Misleading Statements in Lawsuit
By Steve Muchoki
• 3 mins read
In a motion filed on June 21, Binance.US claimed the SEC has no evidence that the crypto exchange commingled users’ funds.
Tether (USDT) Launches on Kava L1 Blockchain, KAVA Price Jumps More Than 10%
By Steve Muchoki
• 3 mins read
Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT.
EU Commission’s CBDC Agenda Is Back on Track after Publication of MiCA in OJEU
By Steve Muchoki
• 3 mins read
The EU’s track on the CBDC agenda has previously been scrapped following internal discussions earlier this week.
Tether and Bitfinex Donate $100k USDT to Support Qubes OS Development
By Steve Muchoki
• 3 mins read
The Qubes OS team has welcomed the grant from Tether and Bitfinex as it will help steer forward the development of the open-source software project.
Tokyo-based Mitsui Announces Strategic Partnership with Web3-focused Animoca Brands
By Steve Muchoki
• 3 mins read
The strategic partnership with Animoca Brands will help solidify Mitsui’s entrance into the Web3 industry that is slated to change global financial markets.
FTX Incurred More than $121M in Legal and Advisory Fees between February 1 and April 30
By Steve Muchoki
• 3 mins read
SBF is expected to return for a court hearing later this year, when all the investigations will be tabled for the judge to rule on the matter.
Ethereum Developers Propose to Increase Max Effective Balance from 32 ETH to 2048 ETH per Validator
By Steve Muchoki
• 3 mins read
The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators.
New York Bans Crypto Exchange CoinEx and Seizes More than $1.7M
By Steve Muchoki
• 3 mins read
New York Attorney General Letitia James sued CoinEx earlier this year for operating illegally in the state.
US Bankruptcy Court: Bittrex Can Resume Processing Crypto Withdraws
By Steve Muchoki
• 3 mins read
Earlier this year, the Seattle-based crypto exchange Bittrex announced its intent to wind down all its operations in the United States following heightened regulatory scrutiny by the SEC.
Diablo IV Sets New Record for Activision Blizzard after Sales Cross $666M within Five Days
By Steve Muchoki
• 3 mins read
The hell-action role-playing game was launched by Activision Blizzard on June 6 amid the Microsoft acquisitions fiasco.