Crypto

Binance.US, the American arm of the global cryptocurrency exchange giant Binance, has been accused of non-cooperation in an ongoing probe by the US Securities Exchange Commission (SEC).The SEC has alleged that Binance.US’s staking, clearing, and brokerage services violate federal securities law.In a court filing released Thursday, SEC has targeted Binance.US’s…

Blue chip cryptocurrency markets rose on Thursday, with Bitcoin moving back above $26,500 for the first time this month and threatening a break above a downtrend that had been in play since early August.Ether (ETH), XRP (XRP) and Cardano (ADA) were all last up around 1-2% in the last 24…

Beijing is getting bullish about the cross-border use of the digital yuan – with Chinese experts now talking about BRI/“new Silk Road” CBDC integration.Per the Chinese Securities Journal, Li Jianjun, the Vice President of the Central University of Finance and Economics, spoke about the e-CNY’s role in BRI “financial cooperation”…

Binance US, the American subsidiary of the well-known cryptocurrency exchange, is experiencing a series of high-profile departures. Today, Sidney Majalya, the Chief Risk Officer, and Krishna Juvvadi, the head of legal, resigned according to a report by Wall Street Journal. Their exits followed the recent resignation of Brian Shroder, the firm’s…

The new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto investment firms, including Kraken…

The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of…

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