Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

According to the filing, Congress has evaluated numerous proposals since 2019 to establish a structured and practical framework for crypto assets and their trading platforms. Importantly, none of these proposals aimed to grant exclusive regulatory jurisdiction to the SEC over the cryptocurrency industry. Despite this, the SEC has filed a lawsuit seeking to extend its … Read more

Binance CEO Refutes Rumors of Receiving $250 Million Loan from Exchange

Binance CEO Refutes Rumors of Receiving 0 Million Loan from Exchange

Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange Binance CEO Changpeng “CZ” Zhao has denied claims that he received a $250 million loan from BAM Management. The claims were made in a report following a court filing related to a lawsuit between Binance and the US Securities and … Read more

What the Recent SEC Announcement Implies for the Cryptocurrency Sector

What the Recent SEC Announcement Implies for the Cryptocurrency Sector

What The SEC’s Latest Announcement Means For The Crypto Industry The US Securities and Exchange Commission (SEC) has announced plans to take action against more crypto companies that are breaking the law, indicating that the crypto industry may face further challenges. The SEC has already filed lawsuits against major crypto exchanges Binance and Coinbase, and … Read more

Ethereum Price Grinds Lower But Key Support Is Still Intact

Ethereum Price Grinds Lower But Key Support Is Still Intact

The price of Ethereum has experienced a downward correction after failing to break the $1,670 resistance level. It is currently trading below $1,640 and the 100-hourly Simple Moving Average. A key bearish trend line is forming with resistance near $1,640. To see another increase, Ethereum must stay above the $1,600 support zone. If it fails … Read more

Exclusive Interview with DYdX Founder Antonio Juliano: Exploring the Shift of Blockchain to Cosmos

Exclusive Interview with DYdX Founder Antonio Juliano: Exploring the Shift of Blockchain to Cosmos

DYdX Founder Antonio Juliano in Exclusive Interview Discusses Blockchain’s Migration to Cosmos Layer 2 protocols are expected to become more decentralized in the future, with the sequencers forming a network rather than being controlled by a single operator. Currently, having a single sequencer on layer 2 poses a problem as it is not censorship-resistant. An … Read more

Batman Researcher Refuses to Censor Use of ‘Gay’ During School Presentation, Opts to Depart

Batman Researcher Refuses to Censor Use of ‘Gay’ During School Presentation, Opts to Depart

A Batman researcher said ‘gay’ in a talk to schoolkids. When asked to censor himself, he quit Author Marc Tyler Nobleman was scheduled to speak to students in Forsyth County, Georgia, about the secret co-creator of Batman and inspire them to research and write. However, the school district asked him to remove the fact that … Read more

How Bitcoin miners can survive a hostile market — and the 2024 halving

How Bitcoin miners can survive a hostile market — and the 2024 halving

The next Bitcoin halving is set to occur in April 2024, which will cut the production of new coins by 50%. While the halving historically leads to an increase in Bitcoin’s price, it poses challenges for miners who rely on block rewards for revenue. Miners must adapt their strategies to compensate for reduced rewards, focusing … Read more

What has caused the increase in Litecoin price today?

What has caused the increase in Litecoin price today?

Why is Litecoin price up today? Litecoin (LTC) has seen a 3.85% increase in price, reaching a three-week high amid a broader cryptocurrency market rally. However, LTC has underperformed the crypto market in 2023, with a 3.85% decline year-to-date compared to the market’s 39% gains. The price increase is attributed to bets of a rate … Read more

Judge Makes No Ruling in SEC-Binance Document Dispute

Judge Makes No Ruling in SEC-Binance Document Dispute

Magistrate Judge Zia Faruqui has advised the Securities and Exchange Commission (SEC) and Binance.US to collaborate on their discovery requests. The judge recommended that the SEC narrow its request for information and suggested that Binance.US allow certain shard holders to be deposed in order to verify the safety of its funds. Additionally, Judge Faruqui called … Read more