US Bitcoin supply fell over 10% in the past year — Glassnode
Bitcoin is increasingly active in Asia as U.S. supply share dwindles over the past two years. Go to Source Powered by WPeMatico
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SEC’s crypto actions surged 183% in 6 months after the FTX collapse
The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX. Go to Source Powered by WPeMatico
SEC is killing innovation in United States – 1inch co-founder
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US. Go to Source Powered by WPeMatico
Polygon president testifies on democratizing the internet with Web3, blockchains
The House Committee explores blockchain and Web3’s future, as industry leaders testify on democratizing the Internet and regulatory challenges. Go to Source Powered by WPeMatico
Do Kwon could serve prison in both US and South Korea, prosecutor says
South Korean senior prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too. Go to Source Powered by WPeMatico
Intuit introduces proprietary large language models for fintech with GenOS
Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data. Go to Source Powered by WPeMatico
Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs. Go to Source Powered by WPeMatico
ARK Invest buys Coinbase shares the same day SEC serves lawsuit
ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit. Go to Source Powered by WPeMatico
SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’
One of the latest SEC filings in its lawsuit against Binance claims billions of customer funds are at the “mercy” of Binance CEO Changpeng Zhao. Go to Source Powered by WPeMatico
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches. Go to Source Powered by WPeMatico