On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals
Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements…
Just in: US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t have to appear in person. According to the court document,…
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle…
US SEC sues Binance and Coinbase, but Bitcoin remains above $26k
Key takeaways Bitcoin maintains its value above $26k despite the FUD surrounding Binance and Coinbase. The resilience of the market could prove beneficial to new projects like AltSignals. The cryptocurrency…
Binance.US to delist 40 trading pairs, pauses OTC trading
Binance.US is delisting advanced trading pairs for coins such as AAVE, BCH and MKR on June 8. The 40 coins being delisted are for advanced trading pairs of USDT, BTC…
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60%…
Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance…
Stacks price outlook: What next for STX after going vertical?
Stacks crypto price jumped to the upper side of the descending channel. The coin jumped because of its close relationship with Bitcoin. This rebound could be part of a dead…
Blockchain Pioneer Acquires International Fashion House Blk DNM
Stockholm, Sweden, June 7th, 2023, Chainwire ChromaWay to Integrate Blockchain Capabilities into BLK DNM, Pioneering Connected Fashion, and Inspiring Responsible Industry Behaviors Stockholm’s headquartered blockchain technology company ChromaWay today reveals…
The SEC is seeking court order to freeze Binance US’s assets
The SEC has reportedly asked a US federal court to freeze the entire assets of Binance US. This comes two days after The SEC sued Binance for breaching federal securities…