Following the SEC's lawsuit against Coinbase for allegedly operating as an unregistered crypto exchange, the Alabama Securities Commission issued a show cause order to the exchange for violating securities law by offering its staking rewards program.
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Binance US is reportedly exploring ways to cut the controlling stake of its founder and owner Changpeng Zhao. The crypto exchange is hoping to bring down the regulatory scrutiny by limiting its relationship with Zhao.
Foundry, the Bitcoin mining firm owned by the Digital Currency Group (DCG), has informed its clients that it will stop offering free services to its clients starting April 19, 2023.
Binance reportedly hid its ties with China after the latter's crackdown on crypto in 2017. CEO Changpeng Zhao reportedly instructed employees to hide information about the exchange's presence in China.
Summary: Binance Holding Ltd is reassessing its position in the U.S. and could cut ties with its partner firms in...
A report by WSJ revealed that Wall Street's Cantor Fitzgerald helps oversee Tether's $39 billion bond portfolio that back its USDT stablecoin.
Ark Invest, a firm founded by Cathie Wood, has purchased $5.8 million worth of Coinbase shares The purchases were made...
Summary: The FTX founder stands accused of diverting customers from the crypto exchange FTX to his trading firm Alameda Research....