SEC and Binance seek compromise on US assets freeze
Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order. Go to Source Powered by WPeMatico
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‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds
Binance.US has lodged its defense ahead of tomorrow’s hearing on whether it’s funds will be frozen. Go to Source Powered by WPeMatico
Binance.US hires former SEC enforcement official amid lawsuit: Report
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. Go to Source Powered by WPeMatico
Cardano’s worst week since May 2021 is over — Will ADA price rebound 40%?
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention. Go to Source Powered by WPeMatico
Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao. Go to Source Powered by WPeMatico
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10. Go to Source Powered by WPeMatico
Latam crypto holders flock to Bitget following Binance, Coinbase suits
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits. Go to Source Powered by WPeMatico
Nigeria regulator halts Binance operations: Report
According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. Go to Source Powered by WPeMatico
SEC charges against Binance and Coinbase are terrible for DeFi
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance. Go to Source Powered by WPeMatico
Robinhood will end support for 3 tokens named in SEC lawsuits
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens. Go to Source Powered by WPeMatico
