The U.S. Securities and Exchange Commission (SEC) is suing Coinbase, America’s biggest cryptocurrency exchange, for allegedly breaching securities laws. The SEC claims Coinbase operated as an unregistered broker, exchange, and clearing agency and offered unregistered securities via its Staking Program. Coinbase’s actions, according to the SEC, exposed investors to significant risk, prioritizing profit over investor…
Genesis granted plan extension; judge says FTX can’t take part in mediation
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Apple unveils hotly-anticipated VR headset Apple Vision Pro at WWDC for $3,499
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Binance.US deems SEC lawsuit ‘baseless’; plans to defend self
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Liquidations surpass $200M in 1 hour after SEC’s Binance lawsuit
The U.S. Securities and Exchange’s (SEC) lawsuit against Binance wiped off over $200 million within one hour from crypto traders who held positions on the market. Following the news, CryptoSlate’s data showed that the total market cap of digital assets declined 2.87% to $1.12 trillion. Nearly $300M in the last 24 hours The crypto market…
El Salvador’s Bitcoin Volcano in sight
El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project. The country plans to add 241 MW of renewables and 1.3 Eh/s of Bitcoin mining, marking a further step towards “economic freedom,” energy competitiveness, and “self-reliance,” as shared on Twitter by…
Speculation mounts on Central Asian country to announce Bitcoin treasury holding
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Decentralized-to-centralized exchange trade volume ratio sets new all-time high at 22%
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Multichain’s MULTI soars 30% as cross-chain bridge services resume
Multichain Network token MULTI rose nearly 30% after several users confirmed that the cross-chain bridge services resumed operation on its official Telegram channel on June 5. According to CryptoSlate’s data, MULTI reached as high as $4.89 before retracing to $4.39 at the time of writing. Multichain resumes operation On June 5, Multichain’s VP Tung Dinh corroborated the…
Binance gains ISO certifications amid global regulatory hurdles
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