US Court of Appeals reboots HEX manipulation case against Binance.US
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.
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Binance, Binance.US and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise. 410 Total views 2 Total shares Lawyers representing United States-based crypto exchange Binance.US, global exchange Binance Holdings Limited and Binance CEO Changpeng "CZ” Zhao have filed a motion alleging…
Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 by the end of next year.Large…
Smart Dubai Endorses Blockchain Platform From Major Local Telecoms Operator
The blockchain platform built by one of the United Arab Emirates’ (UAE) two telecoms operators has received an official endorsement from the government as part of the country’s blockchain integration, executives confirmed in a press release on April 3.Du, formerly known officially as Emirates Integrated Telecommunications Company, created its Blockchain-Platform-as-a-Service (BPaas) to offer cloud-based private…
Polywhale Finance founders accused of rug pull amid abrupt shut down
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday. 2118 Total views 6 Total shares Developers of Polywhale Finance, a leading yield farm on the Polygon network, have abandoned the project in what appears to be an elaborate exit scam worth…
DeFi Technologies adopts Bitcoin treasury strategy
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour.
Retail is pushing the Bitcoin price up, says Ledger CEO
Cryptocurrency hardware wallet provider Ledger CEO reckons it’s more people trusting Bitcoin that is pushing the price up; Glassnode confirms his suspicion. 354 Total views 26 Total shares As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market. In an…
United Arab Emirates’ Ministry of Health Launches Blockchain System
United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) has launched a blockchain system for recording and sharing healthcare data.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing solutionPer the report, the platform will “save and share the…
SEC Suspends Trading in Securities of Crypto Exchange Bitcoin Generation
The United States Securities and Exchange Commission (SEC) has temporarily suspended trading in the securities of crypto exchange Bitcoin Generation, the government agency announced on April 29.In a statement, the SEC said the suspension will be effective from 9:30pm EDT on April 29 until 11:59pm EDT on May 10.The SEC said it had taken the…