Binance wants the court to know US government’s position on USDC

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application. The United States Securities and Exchange Commission (SEC) has delayed a decision on approving or disapproving the spot Bitcoin (BTC) exchange-traded fund proposed by ARK Investment Management.In an Aug. 11…

Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny from regulators regarding the legality of its operations in certain countries.Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a regulatory crackdown on Binance.Thai SEC announced Friday that the agency had filed a…

The Chinese government-backed blockchain project, the Blockchain-based Service Network (BSN), continues expanding its global presence by setting up two new portals in Turkey and Uzbekistan.Red Date Technology, the architect behind the BSN project, has signed an agreement with Turkish consultancy firm, Turkish Chinese Business Matching Center (TUCEM), to launch two international BSN portals in Turkey…

News of BlockFi’s potential bankruptcy filing comes only a day after the platform denied allegations that the majority of its assets were held on FTX. 342 Total views 1 Total shares In an official update sent to clients on Nov 14, BlockFi admitted to having “significant exposure” to FTX and its affiliated companies, but insisted…

According to a recent poll from Gallup, nearly half of Americans polled expressed concern about the safety of their money deposited with banks. 403 Total views 3 Total shares Public opinion of banks appears to be dwindling according to an April survey, as the industry struggles to contain the collapse of several high-profile financial institutions…

As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we're likely to see an explosion of creativity.

Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs.

FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner. 491 Total views 21 Total shares Own this piece of history Collect this article as an NFTAn investigation into FTX’s collapse by an examiner could cost the firm upwards of…

Blockchain investment could drop by as much as 60% this year as attention continues to focus on Bitcoin (BTC), new data suggests.Smart Money Turns Off BlockchainAccording to a report from fintech research bureau, CB Insights, reported by Bloomberg on July 18, companies in the blockchain space are drawing in a lot less support in 2019.To…