SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy
A Texas bag retailer sued the SEC to get legal protection for a token airdrop, but the regulator says the suit was based on a policy that doesn’t exist.
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Binance’s DOJ settlement offered some glimmers of hope for the crypto industry
Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with the United States Department of Justice have sent shockwaves through the cryptocurrency world. This development poses a crucial question: Is it a harbinger of doom or a bullish signal for the industry?On

Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak
ARK 21Shares and Fidelity's Bitcoin ETFs combined for a $369.7 million net inflow, contributing to the market's first inflow day since Feb. 14. The US spot Bitcoin exchange-traded funds recorded a $94.3 million inflow on Feb. 28 — breaking eight consecutive days of outflows as Bitcoin made a partial recovery toward $85,000. The ARK 21Shares

FTX profited from Sam Bankman-Fried’s inflated coins: Report
Former FTX CEO allegedly used his popularity to lure developers, and Alameda Research to inflate the price of certain coins. 366 Total views 2 Total shares Own this piece of history Collect this article as an NFTSam Bankman-Fried, the former CEO of the FTX crypto exchange, used his influence in the crypto industry to inflate…

Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. 1128 Total views 6 Total shares Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally.According to an announcement released on Friday,…

Decentralized Tech Can Protect Activists From Social Media Crackdowns
The protests in the United States against police brutality and systemic racism sparked by the murder of George Floyd by former Minneapolis police officer Derek Chauvin on May 25 are showing no signs of stopping.Rallies and marches have continued in many cities for three weeks now, with events organized in all 50 states as well…

PepeCoin (PEPE) price action points to a potential 70% drop
Pepe (PEPE) price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators.PEPE charts flash a classic bearish reversal patternFrom a technical standpoint, the price of PEPE could drop sharply…

Bancor introduces new staking pools and instant impermanent loss protection
Bancor 3 will feature instant impermanent loss (IL) protection, an unlimited deposit staking pool, and an Omnipool offering a share of fees generated from the entire platform. 845 Total views 35 Total shares Decentralized automated market maker (AMM) Bancor is set to launch new staking pools and an upgrade to its impermanent loss protection mechanism…

EU officials reach agreement on AML authority for supervising crypto firms
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun. 621 Total views 28 Total shares The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto…