Binance’s BNB Chain introduces layer-2 testnet powered by Optimism
The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network. Go to Source Powered by WPeMatico
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Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations? Go to Source Powered by WPeMatico
Lawmakers vs. the SEC vs. Binance: Law Decoded, June 12–19
The SEC doesn’t have it all its own way in a court struggle with Binance.US and faces more media pressure. Go to Source Powered by WPeMatico
Fed rate pause triggers traders’ pivot to stocks — Will Bitcoin catch up?
U.S. stock markets hit year-to-date highs, the Fed pauses rate hikes, Binance.US and the SEC reach an agreement, but data shows Bitcoin bulls remain somewhat skittish. Go to Source Powered by WPeMatico
Binance cancels registration in the UK amid regulatory scrutiny
Binance’s deregistration with the FCA did not have an operational impact as it had never done business in the United Kingdom, a regional manager said. Go to Source Powered by WPeMatico
Binance sends cease and desist notice to Nigerian scammer entity
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country. Go to Source Powered by WPeMatico
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng ‘CZ’ Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over. Go to Source Powered by WPeMatico
BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins. Go to Source Powered by WPeMatico
US court approves SEC-Binance.US agreement
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved. Go to Source Powered by WPeMatico
SEC and Binance.US strike a temporary agreement on asset access
Proposed measures include restricting Binance Holdings officials’ access to private keys and disclosing business expenses. Go to Source Powered by WPeMatico
