SEC, Binance face tough questions from judge in landmark crypto case

Court transcripts from SEC v. Binance Holdings, Inc, et. al. have begun to appear, revealing that arguments central to the crypto space are now being actively discussed in U.S. courts. U.S. District Judge Amy Berman Jackson presides over the case between Binance, the world’s largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC), which …

White hat hacker exploits Hashflow for $600K, seemingly just to return funds

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Court allows bankrupt crypto exchange Bittrex to resume customer withdrawals

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Crypto Market Bleeds As SEC Pressures Mount, Is It Time To Buy?

The crypto market seems to have reached a critical turning point where prices are suffering because of regulatory pressure across the space. This ranges from the United States Securities and Exchanges Commission (SEC) suing Binance and Coinbase exchanges, as well as the Ripple case heating up. These factors led to a sharp plunge in prices, …

Short term technical headwinds for Bitcoin heading into FOMC

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Fed cools interest rate hikes at June FOMC meeting

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US national debt nears $32 trillion, set to soar further by 2027

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US senators propose bill to eliminate section 230 protection for AI companies

The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether section 230 even applies to AI. News Join us on social networks U.S. Senators Josh Hawley, a republican from Missouri, and Richard Blumenthal, a democrat from Connecticut, introduced a senate bill on June 14 that would eliminate special protections afforded …

Jack Dorsey’s relief fund pledges $5M donation to Bitcoin-focused nonprofit

The fund reported it had distributed more than $500 million to projects, including the Tor Project, the Signal Technology Foundation and the Calyx Institute. News Join us on social networks Brink, a nonprofit organization aimed at supporting Bitcoin developers, has announced a $5 million donation from Block CEO Jack Dorsey and his Start Small funding …

Here’s what happened in crypto today

Crypto prices have yet to react to the Fed decision to temporarily halt rate hikes; meanwhile, the S&P 500 steamrolled to a new 13-month high. Market Update Join us on social networks The crypto market remains volatile after the June 14 Federal Open Market Committee (FOMC) announcement and presser with Federal Reserve Chairman Jerome Powell …

Haru Invest files criminal complaint against consignment operator

The South Korean yield platform said it has filed a criminal complaint against B&S Holdings and plans to initiate civil proceedings as well. News Join us on social networks B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru Invest of submitting fraudulent management reports containing “false …

Former SEC Official Says Binance Anticipating Criminal Prosecution After Hiring ‘All-Star’ Lawyer

A former high-ranking official of the U.S. Securities and Exchange Commission (SEC) thinks top global crypto exchange Binance is “clearly preparing” for criminal prosecution in the United States. John Reed Stark, who founded the SEC’s Office of Internet Enforcement and spent 11 years as its chief, points to the fact that Binance added George Canellos, …

South Korean Bitcoin lending platform Delio pauses withdrawals

The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity. News Join us on social networks Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.” …

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