Binance.US Suspends Use of Fiat as Legal Troubles Mount

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in “extremely aggressive and intimidating tactics” against the company.Publish at: June 09, 2023 at 05:07AM

First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: Valkyrie’s chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.Publish at: June 09, 2023 at […]

Solana Foundation: SOL is ‘Not a Security’

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data SOL, the native token of the Solana blockchain, was declared an unregistered security in this week’s SEC lawsuits against crypto exchanges Binance.US and Coinbase.Publish at: June 08, 2023 at 10:04PM

Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token

By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism’s “Bedrock” upgrade this week.Publish at: June 08, 2023 at 07:50PM