As markets, customers, and industry observers continue to dissect the U.S. Securities and Exchange Commission’s (SEC) extensive lawsuit against cryptocurrency giant Binance and its affiliates, surprising new details are continually coming to light. Among the unexpected revelations buried within the 136-page complaint is that Binance.US. had a significant relationship with Alameda Research through its over-the-counter […]

SatoshiLabs, the creator of the Trezor hardware wallet, has announced the launch of the Vexl Foundation at the BTC Prague conference. A press release shared with Bitcoin Magazine said the foundation aims to restore financial power to individuals and promote personal and financial freedoms. It takes a critical stance against KYC practices and, according to […]

Deutsche Telekom, the technology giant, has joined the Polygon blockchain as a validator node, signalling its ambitions to become an infrastructure provider in the web3 space.  Dirk Röder, the head of the Blockchain Solutions Center at Deutsche Telekom, was quoted by DL News as saying that “supporting the Polygon network as a validator is a […]

$CatGPT is launching its own NFT collection on its website, CatGPT.Nexus, where you can try him yourself and interact with our A.I Overlord. Are you ready to join the feline revolution? Meet $CatGPT, the world’s first AI cat-ledEthereum token and NFT collection from a development team based in the UK. CatGPT is an ambitious project […]

The Ethereum (ETH) ecosystem is abuzz with excitement as crypto enthusiasts explore new avenues for participation and investment. As the transition from Proof-of-Work to Proof-of-Stake through Ethereum 2.0 progresses, ETH stakers are actively seeking innovative solutions to maximize their earnings and contribute to the network’s security. In this landscape, Rocket Pool has emerged as a […]

Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC. The United States Justice Department (DOJ) has filed an objection to a motion by bankrupt cryptocurrency trading platform Bittrex to allow customers to withdraw their crypto and fiat. The U.S. Treasury’s Office of Foreign […]

Heath Tarbert will serve as the company’s chief legal officer and head of corporate affairs, bringing experience with all three branches of government. Stablecoin issuer Circle has loaded its arsenal to fight the ongoing regulatory crackdown on crypto. By July 1, the role of chief legal officer and head of corporate affairs will be filled […]

It is time for the U.S. to implement intelligent, progressive, and specific digital asset regulation. The Securities and Exchange Commission’s recent charges against Coinbase and Binance have brought the debate on digital asset classification to a boiling point, and I believe it demonstrates that the organization is not equipped to regulate digital assets competently. Included […]

The post Breaking: Binance CEO Issues Open Letter to Tackle SEC’s ‘Absurd’ Use of Leaked Chats as Evidence appeared first on Coinpedia Fintech News In the midst of a storm stirred by a lawsuit from the Securities and Exchange Commission (SEC), Binance CEO Changpeng Zhao (CZ) has penned an open letter to his employees. The […]

Binance CEO Changpeng Zhao has categorically denied the allegations recently published by CoinDesk stating that $12 billion were redirected to firms under his control. (Read More)