Binance's legal team filed a motion to dismiss the SEC's amended complaint. Previous court rulings support that crypto assets are not inherently securities.
Crypto scammers in India fabricated a BBC article, falsely claiming Anant Ambani endorsed a fraudulent crypto platform, exploiting lookalike websites and fake endorsements.
The US Presidential election is anticipated to have a substantial impact on global markets, with the cryptocurrency sector standing as no exception. Traders, analysts, and crypto enthusiasts worldwide closely monitor the US, where shifting attitudes toward digital assets make a difference.
In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics' latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S.
Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.
Binance CEO Richard Teng stated that Western companies will benefit most due to regulatory influence.
Over the past few days, Theoriq launched the Prediction Collective, a suite of AI agents designed to forecast outcomes on everything from market trends and political elections to sports events.
Justin Sun, the founder of Tron, and Andre Cronje, co-founder of Sonic Labs, have recently challenged Coinbase's claims regarding listing fees.
Bybit has been granted a virtual assets service provider license in Georgia, enabling the company to provide trading and other services in the country.
As the U.S. presidential election approaches nearer, there is rising speculation over who could be the next SEC Chair. The current SEC Chair, Gary Gensler, appointed by Joe Biden in 2021 has been criticized over his stringent regulatory stance, particularly concerning cryptocurrency markets. Under Gensler, numerous enforcement actions have been taken against major entities.
Binance and Changpeng Zhao have responded to the SEC's revised complaint, filing a motion to dismiss that critiques the SEC's broad stance on crypto transactions. This filing disputes the agency's handling of crypto laws, seeking clearer guidelines that align with industry needs. The post Binance and Changpeng Zhao Challenge SEC's Amended Complaint in Court appeared first on Cryptonews.
The Cyprus SEC has suspended FTX.com's CIF license until May 30, 2025.
Outside of today's Presidential Election, the crypto industry is making a significant impact on the 2024 US Senate races by channeling substantial financial support to pro-cryptocurrency candidates, aiming to influence the legislative landscape. In the presidential race, Trump has been the more vocal crypto supporter, while Harris rarely mentioned the industry in her campaign messaging.
As the countdown for the all-important political battle between Donald Trump and Kamala Harris inches closer to a crescendo, cryptocurrency investors may be tempted to monitor crucial data on election night. What happened: Unlike traditional markets, cryptocurrencies can be traded 24/7, providing an opportunity to track market moves in real-time.
Anthony Moro, CEO of Provenance Blockchain Labs, shared his thoughts on the European Union's forthcoming Markets in Crypto-Assets (MiCA) regulation, which is set to be fully adopted by December 2024. According to Moro, MiCA's structured regulatory framework could enhance the accessibility and consistency of the European crypto market, bringing it closer to established asset classes.
Bybit has received another VASP license, following approvals in other regions, including the Netherlands and Kazakhstan.
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Just a month after his release, Changpeng Zhao, the former CEO of Binance, is back to continue arguing with the SEC on securities. Zhao and Binance filed a motion to dismiss an amended complaint by the US Securities yesterday.
Japanese investment firm Metaplanet has been added to CoinShares' global equity index for the first time. The index lists 45 companies involved in cryptocurrency and blockchain.
Metaplanet Inc. is now part of the CoinShares Blockchain Global Equity Index. CEO Simon Gerovich highlights the firm's commitment to strengthening its international profile.
U.S. regulators consider approving Grayscale's crypto index ETF, potentially expanding investor access to altcoins
Web3 prediction platform Polymarket beats its TradFi alternatives, showing mainstream users how blockchain can improve betting.
On November 4, lawyers for Binance and its former CEO, Changpeng Zhao (CZ), filed a motion to dismiss the amended complaint filed by the Securities and Exchange Commission (SEC).
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Kraken, a prominent cryptocurrency exchange based in the United States, has recently unveiled a new service aimed at solidifying its foothold in Australia.
Analysts predict big swings in crypto price action in either direction, depending on the outcome, as the presidential race draws to a close.
Heather Morgan says she was “in complete shock” when she discovered her husband, Ilya Lichtenstein, had hacked the crypto exchange Bitfinex back in 2016. In 2022, Lichtenstein and Morgan – known as the “crypto couple” – were arrested for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack.
A token unintentionally created by blockchain investigator ZachXBT has surged to a market capitalization of $3.4 million.
I don't think Donald Trump actually changed his mind on cryptocurrency much at all since three years ago
Pseudonymous crypto analysts DonAlt and CryptoCred explored Bitcoin's (CRYPTO: BTC) price trends and the impact of Tuesday's presidential election. Bitcoin's Expected Trajectory In the latest ‘Technical Roundup' episode, DonAlt noted Bitcoin's recent surge to close to its all-time high before retreating below $70,000, calling the monthly close "catastrophic" after a key resistance retest.
In the latest development, lawyers representing crypto exchange Binance and its founder Changpeng Zhao (CZ) have filed a motion to dismiss the SEC lawsuit. Last month, the US securities regulator amended the original complaint regarding the “crypto asset securities”, to which Binance responded on Monday.
British multinational bank Standard Chartered and Ant International have successfully completed a liquidity transfer in Singapore dollars (SGD) using Ant's blockchain-based Whale platform. The new development marks a significant move towards seamless, cross-border blockchain liquidity management, aiming to enhance transparency, speed, and security in fund movements.
The partnership between Crypto.com and Ingenico will benefit both merchants and consumers who shop with them.
The Federal Bureau of Investigation (FBI) has recovered $8.3 million in stolen funds connected to a cryptocurrency scheme that led to the collapse of Heartland Tri-State Bank in Kansas. This recovery provides a measure of restitution for 30 victims, including community members who had entrusted their investments to the bank's former CEO.
Binance is prioritizing Thailand as a key market in its mission to reach one billion users, with crypto-friendly regulations seen as a driving factor.
With the crypto market bracing for the US presidential election, many investors are now turning to tokens that could skyrocket this November. They are now the most interested in three crypto currencies: Pepe (PEPE), DTX Exchange (DTX) and Toncoin (TON).
Lawyers representing Binance and former CEO Changpeng “CZ” Zhao have filed a motion to dismiss an amended complaint submitted by the SEC last month in the ongoing legal battle. In a Nov.
Investors are keeping a close eye on how different outcomes in the 2024 U.S. presidential elections could impact the cryptocurrency market. Political shifts can influence regulations, causing notable price changes in cryptocurrencies.
Binance Charity, the philanthropic branch of the global blockchain company Binance, is donating $3 million to the Spanish Red Cross (Cruz Roja Española) to support flood relief efforts in Valencia, Spain, according to the latest information shared with Finbold on Tuesday, November 5.
In a major legal move, Binance and its former CEO, Changpeng "CZ" Zhao, have filed a joint motion to dismiss the SEC's amended lawsuit submitted last month and to strike portions of the SEC's requested relief.
Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant's Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International's blockchain-based Whale platform, The Asian Banker has learned.
Binance has requested that the court should dismiss the legal claims from the US SEC over its securities violations.
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset custody and intuitive trading solutions services.
DePin space is trading under the shadows of the memecoins and the AI tokens after the market participants shifted their focus onto the other tokens. Nevertheless, the space is swelling slowly and steadily and is expected to trigger a fine rally in the coming days.
The sector mobilizes to prevent capital flight abroad.
Andreessen Horowitz (a16z) pledged over $23 million to Fairshake and its affiliated political action committees (PACs) for the 2026 midterm elections.
Global Dollar (USDG) has not been launched yet, but it could be an important novelty for the bull crypto sector.