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Binance CEO Changpeng Zhao (CZ) and Guangying Chen

SEC Claims Binance Diverted $12B to Firms Under CEO Changpeng Zhao’s Control

In a recent court document, the Securities and Exchange Commission (SEC) has alleged that Binance CEO Changpeng Zhao (CZ) and Guangying Chen, through their holding

June 8, 2023
United States Treasury Secretary Janet Yellen has emphasized the need for additional regulation in the cryptocurrency industry.

Janet Yellen Urges Congress to Enact Further Crypto Regulations for Investor Protection

United States Treasury Secretary Janet Yellen has emphasized the need for additional regulation in the cryptocurrency industry. Yellen expressed her concerns regarding the risks associated

June 8, 2023
Binance BNB

Binance Coin (BNB) Faces Potential $200 Million Liquidation as Regulatory Pressures Mount

Binance Coin (BNB), once a high-performing cryptocurrency, has recently experienced a significant decline in value due to increased regulatory oversight and the recent SEC complaint

June 8, 2023
Users of Binance Pay can utilize crypto like Shiba Inu

440 Businesses Now Accept SHIB, BTC, and ETH as Payment in New Partnership

In an exciting development for cryptocurrency enthusiasts, a new partnership between Binance Pay and Lyzi is set to revolutionize crypto payments in Europe. Now, users

June 7, 2023
SEC Drama Fails to Dampen Crypto Market as it Rebounds by $30 Billion

Resilient Crypto Market: $30 Billion Recovery Despite SEC Legal Actions

The recent lawsuits filed by the Securities and Exchange Commission (SEC) against major cryptocurrency exchanges Binance and Coinbase sent shockwaves throughout the crypto industry. The

June 7, 2023
Bitcoin has shown remarkable resilience in the face of regulatory challenges

PEPE Crypto Surges 16% While Bitcoin Bounces Back from SEC-Related Decline

In a surprising turn of events, Bitcoin has shown remarkable resilience in the face of regulatory challenges, defying expectations and skyrocketing by $2,000 in just

June 7, 2023
Aave DeFi

DeFi Platform Aave to Introduce GHO Stablecoin

Aave, the leading decentralized finance (DeFi) platform, is gearing up to launch its own stablecoin called GHO on the Ethereum mainnet. The proposal to deploy

June 7, 2023
SEC Chair Gary Gensler shared his perspective on digital currencies and the importance of crypto exchanges adhering to U.S. securities laws.

SEC Chair Gensler Asserts: Digital Forms of Fiat Currencies Suffice, No Need for Additional Digital Currencies

In a recent CNBC interview, SEC Chair Gary Gensler shared his perspective on digital currencies and the importance of cryptocurrency exchanges adhering to U.S. securities

June 7, 2023
Decentralized exchanges (DEXs) have experienced a remarkable 444% increase in trading volumes over the past 48 hours.

SEC’s Actions Against Binance and Coinbase Propel DeFi Trading Volumes to Soar by 444%

The recent legal actions taken by the United States securities regulator, the Securities and Exchange Commission (SEC), against major cryptocurrency exchanges Coinbase and Binance have

June 7, 2023
The U.S. SEC has taken legal action against Binance and its affiliates by filing a motion for a temporary restraining order.

SEC Seeks Temporary Restraining Order in Lawsuit Against Binance and CZ

The U.S. Securities and Exchange Commission (SEC) has taken legal action against Binance and its affiliates, BAM Management and BAM Trading, by filing a motion

June 7, 2023
Former Minnesota Vikings co-owner, Reginald Fowler, has been convicted by the Manhattan federal court in a $700 million crypto scam.

Former Minnesota Vikings Co-Owner Found Guilty in Massive $700 Million Crypto Scam

Former Minnesota Vikings co-owner, Reginald Fowler, has been convicted by the Manhattan federal court in a $700 million cryptocurrency scam. Fowler, 64 years old, defrauded

June 7, 2023
Coinbase experienced net outflows totaling $600 million

Coinbase Exchange Users Withdraw $600 Million Amid SEC Lawsuit

In a whirlwind of regulatory actions, Coinbase, the renowned cryptocurrency exchange, found itself at the center of an SEC lawsuit, triggering a wave of user

June 7, 2023
PepeCoin (PEPE) led the daily market losses with a 14.9% decline since the SEC's lawsuit was announced.

PepeCoin Loses 10% Amid SEC Crackdown on Binance

The cryptocurrency market experienced a significant downturn, with a 3.6% drop in total market capitalization, following the filing of a fresh lawsuit by the United

June 6, 2023
SEC Lawsuit Against Binance Has Negative Impact on Crypto Market

Binance Ethereum Outflows Reach $778M

The recent lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance, one of the largest cryptocurrency exchanges, has had a direct

June 6, 2023
The ten largest self-custodial Ethereum whales now possess a staggering 31.8 million ETH

Ethereum’s Top 10 Whales Now Control a Staggering 31.8 Million ETH

On-chain data has unveiled a significant milestone in the Ethereum network as the ten largest self-custodial whales have amassed a record-breaking 31.8 million ETH. The

June 6, 2023
The use of crypto in Russia has witnessed a remarkable 4% increase in 2023

Crypto Use Soars in Russia as Banks Restrict Payments

According to a recent survey, the use of cryptocurrencies in Russia has witnessed a remarkable 4% increase in 2023, outpacing the growth rate in the

June 6, 2023
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