August 11th, 2025
SEC Crypto News - Page 68
Coinbase Users Withdraw Over $600 Million in One Day, Here’s Why
By Mayowa Adebajo
June 7th, 2023
From the multiple crashes of last year to the crypto banking saga in March, there are a lot of reasons why investors may be looking for ways to get their funds out of centralized exchanges.
Reddit Slashing 5% of Workforce as It Reduces Hiring
By Ibukun Ogundare
June 7th, 2023
Commenting on the Reddit workforce cut in the memo, the CEO wrote that he and the team reviewed and adjusted the laid-down plans through the end of the coming year.
SEC Lawsuits Rock Cryptocurrency Market: 19 New Tokens Classified as Securities
By staff writer
June 6th, 2023
The SEC has filed lawsuits against Coinbase and Binance, categorizing numerous cryptocurrencies, including Chiliz, Flow, Dash, and Near, as securities, further solidifying its aggressive stance on crypto regulation.
US SEC Indicts Coinbase over Unregistered Exchange and Broker Platform
By Godfrey Benjamin
June 6th, 2023
The new lawsuit against Coinbase is coming only a few hours after the SEC sued Binance for violation of the same US securities rules.
Coinbase, CFTC, and Others Testify in Congress Over Proposed Crypto Bill
By staff writer
June 6th, 2023
Representatives from Coinbase, Robinhood, and the Commodity Futures Trading Commission, among others, will speak at a House Agriculture Committee hearing on digital asset regulation about the recently released draft crypto bill.
SEC Deletes Former Director Hinman’s Biography amidst Ripple vs SEC Case
By staff writer
June 6th, 2023
The US SEC has mysteriously deleted Hinman’s biography from its website ahead of the court’s imminent order to disclose unredacted emails from Hinman’s communications.
Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures
By Tolu Ajiboye
June 6th, 2023
The CFTC has officially given Cboe Digital the approval it needs to offer margined futures contracts trading to clients.
Bitcoin (BTC) and Broader Crypto Market Come Crashing Down Following SEC Lawsuit on Binance
By Bhushan Akolkar
June 6th, 2023
After SEC’s action on Binance, Bitcoin and the broader crypto market tanked instantly. Altcoins face heavy correction to the tune of 7-8% with Binance BNB suffering the most.
SEC Accuses Binance of Commingling User Funds and Other Malpractices, Designates MATIC, SOL, Others as Securities
By Tolu Ajiboye
June 6th, 2023
According to the SEC in a recent lawsuit, Binance deliberately broke several rules and secretly funneled customer funds via a separate entity.
Launch of ChatGPT Significantly Enhanced AI-Related Crypto Assets YTD
By Steve Muchoki
June 6th, 2023
The German researchers found out that AI-related crypto assets jumped as much as 35 percent after the launch of ChatGPT.
Coinbase (COIN) Shares Tumble 9% amid SEC’s Binance Securities Violation Allegations
By Godfrey Benjamin
June 6th, 2023
The SEC filing against Binance had a significant impact not only on Coinbase but also on other linked entities and cryptocurrencies.
SEC Sues Binance Over Violations of US Securities Rules, Exchange Hits Back
By Bhushan Akolkar
June 6th, 2023
Binance said that although it takes the SEC’s actions seriously, it will defend its position in the court “vigorously”.
Spotify Cuts Headcount by 2%, Offers Severance Package to 200 Staffs
By Godfrey Benjamin
June 5th, 2023
In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’.
UBS to Complete Acquisition of Credit Suisse by Mid-Month
By Godfrey Benjamin
June 5th, 2023
As part of a government-backed rescue plan earlier this year as well as a bid to prevent any financial market instability, UBS acquired Credit Suisse in a $3.2 billion deal.
Former SEC Chief Warns Crypto Influencers against Price Manipulations
By staff writer
May 31st, 2023
The former SEC chief hinted that influencers adopt various strategies to deceive and mislead their followers into making uncalculated investment decisions.