SEC vs Coinbase and new lawsuit: history of the years-long battle

The conflict between the Coinbase exchange and the Securities and Exchange Commission (SEC) has garnered significant attention over the years. On June 6, the SEC filed a lawsuit against Coinbase, accusing the exchange of operating illegally by not registering with… дальше »

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Bitcoin Price Analysis & Prediction (June 7th) – BTC Tumbles Below $26k as Bearish Pressure Continues?

After witnessing some recovery in the past week, Bitcoin topped out at resistance and initiated a heavy drop below the previous low. It lost 6% in the dip and has shown no sign of stopping at the moment. дальше »

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Tron Price Analysis & Prediction (June 6th) – TRX Rejects $0.083 After a Weekly 7% Surge, Eyes $0.09 Level

Tron has been gaining traction for some days, increasing by more than 7% in a week. It broke above a crucial resistance last month and has remained strong since then as bulls now take charge. TRX’s performance has been so impressive over the past months. дальше »

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CNBC’s Jim Cramer advises exit from crypto, cites high scam potential

Renowned CNBC host Jim Cramer warns investors against the dangers of cryptocurrency, urging immediate withdrawal and hinting at market manipulation risks. On June 6, Jim Cramer, the outspoken host on CNBC, raised alarms about potential market manipulations in the crypto… дальше »

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BinaryX and AiGC Labs Developing First AI-Powered Virtual Reality Game on the Metaverse

Singapore, Singapore, June 7th, 2023, Chainwire BinaryX today announced their plans to expand into Virtual Reality (VR) and Artificial Intelligence Game Content (AIGC). Building upon their GameFi expertise, BinaryX has reportedly entered into agreements with their VR and AIGC partners, AiGC Labs, to develop a groundbreaking new GameFi genre of AI-based VR games. дальше »

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Kusama Price Analysis & Prediction (June 6th) – KSM Forms Bullish Pattern Following a 10% Weekly Recovery, Facing Key Resistance Line

In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3. дальше »

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Seven bombshells from the SEC’s Coinbase suit

On June 6, the U. S. Securities and Exchange Commission (SEC) filed charges against Coinbase, alleging that the company violated securities regulations. These are the most notable takeaways from those charges. дальше »

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Former Twitter CEO Claims Ethereum Is A Security, Will This Affect Prices?

Jack Dorsey, the former CEO of Twitter, while replying to a comment on June 6, alleged that Ethereum (ETH), the world’s second-largest cryptocurrency exchange, is a security under United States laws. дальше »

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El Salvador’s Bitcoin Bill Is Now Two Years Old, How Has The Country Fared Since Then?

On June 5, 2021, El Salvador made waves across the financial space when its bill to make Bitcoin a legal tender in the country was first made public. Since then, the North American country has gone on to completely implement BTC as a legal tender in the country, as well as invest a significant amount […] дальше »

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Binance, Coinbase CEOs together lost $1.7B of personal wealth after SEC charges

The CEOs of Binance and Coinbase lost part of their personal wealth in the aftermath of SEC charges, Bloomberg said on June 6. Execs gained billions before latest loss The U. S. Securities and Exchange Commission sued Binance on June 5 and sued Coinbase on June 6, alleging that both companies violated securities regulations. дальше »

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SEC requests restraining order to temporarily freeze Binance.US assets

The U. S. Securities and Exchange Commission (SEC) filed a motion requesting a restraining order against Binance. US on June 6. That request specifically asks the court to freeze the assets of Binance. дальше »

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Coinbase, Robinhood testify before House committee on Republican crypto bill

The U. S. House Committee on Agriculture heard testimony on June 6 regarding a draft discussion bill on cryptocurrency recently advanced by Republican lawmakers. Coinbase, Robinhood declare support Rep. дальше »

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CAKE's May success may not carry into June: Here's why

PancakeSwap’s total volume nearly reached $15 billion in May. Market indicators were bearish and suggested a price decline in June. On 5 June, PancakeSwap [CAKE] posted a tweet that highliThe post CAKE's May success may not carry into June: Here's why appeared first on AMBCrypto. дальше »

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Not Immune To FUD? Binance Sees $1.5 Billion In Outflows In 24 Hours

EThe United States Securities and Exchange Commission (SEC) announced on June 5 that it had sued the largest crypto exchange in the world, Binance, for alleged securities fraud. The announcement triggered a market crash as BNB’s price and others suffered, and users clamored to remove their crypto from the exchange. дальше »

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SHIB Price Analysis for June 6

Has rate of SHIB found local bottom yet? дальше »

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Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment

Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate. дальше »

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KAVA Holds In Green Despite Bears Taking Control Of Crypto Market 

The cryptocurrency market has been volatile in the last day, with prices often experiencing significant fluctuations. However, while the market plummets, KAVA coin managed to defy the trend by surging 10% in a single day between June 5 and the early hours of June 6. дальше »

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Restless Atomic Wallet hack victims express frustration over lack of updates

Atomic Wallet users expressed frustration with the lack of updates since its hack on June 3. A recent Reddit post highlighted the state of user sentiment, with the OP asking multiple questions, including  “What is really happening?” and “What went wrong?” The OP’s annoyance at being left in the dark boiled over into speculation the […] The post Restless Atomic Wallet hack victims express frustration over lack of updates appeared first on CryptoSlate. дальше »

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Coinbase and other firms reach out to US authorities 

Coinbase’s chief legal officer, Paul Grewal will be testifying on capitol hill before the House Committee on Agriculture on June 6. Grewal will be discussing the need for amenable crypto regulations in the United States. дальше »

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Match Systems Investigating Illicit Activities Behind Atomic Wallet Hack, Tracing Stolen $35 Million

On June 4, cybersecurity company Match Systems, which specializes in financial crime detection, compliance and risk management, announced their thorough investigation into the recent compromise of Atomic Wallet. дальше »

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DOGE Price Analysis for June 6

When can traders expect bounce back of DOGE? дальше »

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Decentralized exchange trading volume grows 88% following SEC lawsuits

Trading volume on decentralized exchanges (DEX) jumped by 88% in the 24 hours after the news that the U.S. Securities and Exchange Commission (SEC) sued centralized crypto exchange Binance. On June 5, the financial regulator filed 13 charges against Binance and its CEO, Changpeng Zhao, for violating federal securities law and further alleged that the […] The post Decentralized exchange trading volume grows 88% following SEC lawsuits appeared first on CryptoSlate. дальше »

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First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance

The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Illuvium & GameStop: A Web3 Gaming Alliance

Illuvium, a unique open-world RPG, has joined forces with renowned video game retailer GameStop. This alliance has given birth to an enticing 20,000-strong NFT collection set to debut on June 12th. дальше »

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Binance CZ says SEC lawsuit is ‘an attack on the entire industry’

Binance CEO Changpeng Zhao (CZ) described the U.S. Security and Exchange Commission lawsuit against his firm as an attack on the entire crypto industry. On June 5, the SEC filed a lawsuit against Binance, and related entities, alleging federal securities law violations placing American investors at risk, including the firm offering of unregistered security tokens […] The post Binance CZ says SEC lawsuit is ‘an attack on the entire industry’ appeared first on CryptoSlate. дальше »

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Terra Classic falls 11% ahead of its upgrade proposal

The fallen terra classic (LUNC), formerly known as LUNA, has been struggling since the collapse of the Terra ecosystem in May 2022. The asset has dropped further with the current FUD around Binance.  Despite LUNC’s 35% gains on June 4,… дальше »

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Kraken faces issues with funding gateways, deposits and withdrawals affected

Kraken is experiencing delays in deposits and withdrawals due to issues with multiple crypto funding gateways such as bitcoin (BTC), ether (ETH), and ERC20. On June 6, Kraken announced that it is addressing an issue causing delays in deposits and… дальше »

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SEC-induced panic saw $53 billion wiped from crypto market

The total crypto market cap fell $53 billion as news of the U. S. Securities and Exchange Commission (SEC) filing against Binance came through. On June 5, the SEC charged Binance, its CEO Changpeng Zhao, and related entities with 13 violations, including wash trading, evasion of regulations, and offering unregistered securities. дальше »

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OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through […] The post OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions appeared first on CoinJournal. дальше »

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OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions

ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of segregated assets under custody through […] The post OKX Partners with Komainu, Enabling 24/7 Secure Trading of Segregated Assets Under Custody for Institutions appeared first on CaptainAltcoin. дальше »

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Seven key points from the SEC’s charges against Binance and Binance.US

On June 5, the U. S. Securities and Exchange Commission (SEC) filed extensive charges against leading cryptocurrency exchange Binance and related parties, alleging securities law violations. The filing represents one of the most comprehensive sets of charges filed by the SEC against a cryptocurrency company to date. дальше »

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Kusama Price Analysis & Prediction (June 5th) – KSM Forms Bullish Pattern Following a 10% Weekly Recovery, Facing Key Resistance Line

In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3. дальше »

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Arbitrum Price Analysis & Prediction (June 5th) – ARB Remains Above $1 as Volatility Shrinks, Will it Hold?

Arbitrum has shown a sign of strength in the last 24 hours, but the price still looks bearish from a short-term perspective. Though, it is currently consolidating above a key support level. Since the price dropped to a key psychological level of $1 in May, ARB took a breath and subjected price actions to a […] дальше »

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Lido DAO Price Analysis & Prediction (June 5th) – LDO Gains 17% Weekly After Bouncing Off a Solid Level

Lido resumes bullish after successfully breaking above a crucial resistance trendline. It retested the trendline as support yesterday and now surging toward a key resistance level. But it seems to be facing resistance. дальше »

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Avalanche Price Analysis & Prediction (June 5th) – AVAX Forms Double-Bottom Pattern Above Two-Week Support, Potential Bullish?

Avalanche (AVAX)’s price increased by 2% overnight after failing to sustain negative actions below the previous low. It held as support and formed a double-bottom pattern. A potential bullish reversal is in play. дальше »

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Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit

Total liquidations have topped $280 million in 12 hours on June 5 as crypto market sentiment has turned more fearful.

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Genesis granted plan extension; judge says FTX can’t take part in mediation

A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings. дальше »

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US SEC Sues Binance, Fails To Mention Ripple (XRP) As Security

In a shock move that has forced the cryptocurrency markets lower, the United States Securities and Exchange Commission (SEC) on June 5 sued Binance, the world’s largest cryptocurrency exchange, accusing them of 13 charges, one of which is allegedly enabling the trading of unregistered securities. дальше »

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Capturing Volatility from the USDA Acreage Report with New Crop Weekly Options

Acreage, which is released annually on the last business day of June, is one of the most impactful reports released by the USDA. While Prospective Plantings contains intended acreage for principal crops for the upcoming crop year, Acreage reports completed planting, serving as an indicator of how well the reality of the crop year meets expectations at its outset. дальше »

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TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC case

Binance attracted support from other members of the cryptocurrency industry on June 5 after receiving charges of securities violations on the same day. TRON founder expresses support The U. S. Securities and Exchange Commission (SEC) filed charges against Binance CEO Changpeng Zhao and various associated companies. дальше »

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How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5

There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence.

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Do Kwon’s Release on Bail a Second Time Prompts Wild Speculation

Do Kwon has won at least a temporary reprieve, with his bail set at 400,000 euros. The Montenegrin court granted him bail until his next hearing on June 16. In the online realm, theories abound linking his bail to the SEC complaints against Binance, but they are unlikely to be true. дальше »

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Do Kwon out on bail under house arrest after successful appeal

Terra LUNA co-founder Do Kwon successfully appealed against the prosecution’s request to keep him in custody, and is out on bail as of June 5. The Podriga Basic court overseeing the case granted the bail request and accepted the initial amount of $400,000. дальше »

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Apple unveils hotly-anticipated AR/VR headset Apple Vision Pro at WWDC for $3,499

Apple Inc. revealed its eagerly anticipated augmented reality/virtual reality (AR/VR) headset, named Apple Vision Pro,  at its annual Worldwide Developers Conference (WWDC) on June 5, marking a significant shakeup of the company’s lineup of consumer electronics. дальше »

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Uniswap's chart turns red: What lies ahead?

UNI’s supply on exchanges increased while supply outside of exchanges decreased. Metrics suggested that the token was under selling pressure. On 3 June, Uniswap [UNI] witnessed a massive sThe post Uniswap's chart turns red: What lies ahead? appeared first on AMBCrypto. дальше »

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Binance.US deems SEC lawsuit ‘baseless’; plans to defend self

Binance. US, the United States subsidiary of the embattled Binance exchange, described the Securities and Exchange Commission’s (SEC) lawsuit against its platform as “baseless. ” In a June 5 statement, Binance. дальше »

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Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020

Binance top executive, Guangying Chen, reportedly controlled five bank accounts of its independent U.S. subsidiary between 2019 and 2020, Reuters reported on June 5, citing bank records. The defunct bank Silvergate Bank reportedly authorized Chen as the “Primary Admin User” of the five bank accounts, including one that held American customers’ funds and an account for […] The post Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020 appeared first on CryptoSlate. дальше »

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Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol. дальше »

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First Mover Americas: Is Bitcoin Heading Below $26K?

The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Spheroid Universe Announces Token Listing on MEXC Exchange

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