Tether’s USDT sets new all-time high in spite of regulatory concerns

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Jimbos Protocol turns to law enforcement after hacker ignores $800K bounty

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Multichain unable to contact CEO, has no access to project servers

The team behind cross-chain protocol Multichain said May 31 that they are unable to contact their CEO, who is known only as Zhaojun. As a result of the executive’s absence, the team said it is unable to access project servers. CEO is AWOL Zhaojun’s Twitter account has not displayed any activity since May 24, and there…

TD Cowen shutters digital assets unit

TD Cowen (formerly Cowen Inc.), an investment bank, announced the closure of its digital asset unit on May 31, Bloomberg reported. Cowen’s services include investment banking, research, sales, and trading. Its digital asset unit, launched in 2022, was an ambitious move to include 16 digital assets — including Bitcoin, Ethereum, and Solana — among the…

Digital asset management companies thrive in 2023 despite Bitcoin and Ethereum’s May downturn

CCData’s Digital Asset Management Review for May found that Bitcoin, with its finite supply and resistance to governmental control, continues to solidify its position as a compelling asset class for institutional investors. The Financial Conduct Authority (FCA)-authorized benchmark administrator’s report provides real-time and historical data on digital assets for both institutional and retail investors. Bitcoin,…

US court says IRS has legal authority to access Coinbase users’ trading data

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Binance’s CZ opens up on the exchange’s Canada exit; hopes to return one day

Changpeng Zhao (CZ) explained the circumstances surrounding Binance leaving the Canadian market – saying the regulatory requirements meant it was unfeasible to continue operating in the country. Exit from Canada On May 12, Binance announced it would be “proactively withdrawing from the Canadian marketplace.” The firm stated that new crypto exchange regulatory guidance on stablecoins…

Binance delists privacy coins for European users amid layoff rumors

Binance said it would delist privacy coins for users in unnamed jurisdictions from June 26, according to an emailed statement to CryptoSlate. “As part of Binance’s ongoing compliance processes, we have reached out to affected users, to notify them that they will no longer be able to purchase or trade privacy tokens on our platform…

Binance delists privacy coins for European users amid layoff rumors

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