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Crypto prime broker FPG loses $15M+ in cyber attack, halts trading and withdrawals

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on…

SEC, Binance face tough questions from judge in landmark crypto case

Court transcripts from SEC v. Binance Holdings, Inc, et. al. have begun to appear, revealing that arguments central to the crypto space are now being actively discussed in U.S. courts. U.S. District Judge Amy Berman Jackson presides over the case between Binance, the world’s largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC), which…

Fed cools interest rate hikes at June FOMC meeting

Another South Korean crypto platform temporarily suspends withdrawals

Hong Kong lawmaker courts Coinbase amid US legal troubles

Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label

The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U.S. due to the listing of…

Crypto industry leaders urge Congress to act on digital asset regulations amid SEC crackdown

The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U.S. government grapples with how to address an increasingly urgent regulatory problem. The hearing, titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem,” features testimonies from Circle CEO Jeremy Allaire, former SEC…

Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges

Binance clarifies terms of use; plans to turn ‘zombie assets’ into stablecoins

Ripple’s chief legal officer calls for investigation after release of Hinman docs

XRP spiked to $0.5668, marking a 10-week high, as documents related to former Securities Exchange Commission (SEC) Director William Hinman were made public. The SEC filed against Ripple in December 2020, alleging the company and two senior executives had raised $1.3 billion through the sale of XRP tokens – which the agency deems unregistered securities….