By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.Publish at: June 08, 2023 at 07:07AM
Binance Says Gensler Once Offered to Be an ‘Informal Advisor’
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.Publish at: June 08, 2023 at 03:35AM
U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.Publish at: June 08, 2023 at 01:37AM
First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: Stablecoin balances may provide additional insight into price direction.Publish at: June 08, 2023 at 01:22AM
Arbitrum Temporarily Stopped Processing Due to Software Bug
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Publish at: June 08, 2023 at 12:01AM
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.Publish at: June 08, 2023 at 12:01AM
‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.Publish at: June 07, 2023 at 10:10PM
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data CoinbasePublish at: June 07, 2023 at 09:26PM
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.Publish at: June 07, 2023 at 08:38PM
12 Ways Web3 Media Could Embrace AI
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data From chatbots to deep blockchain data analysis, artificial intelligence can help Web3 news organizations function. But there are plenty of pitfalls too.Publish at: June 07, 2023 at 08:08PM