Binance Arguments to Dismiss Lawsuit Lack Merit, SEC Argues In New Filing

The United States Securities and Exchange Commission (SEC) has opposed Binance’s arguments to dismiss the lawsuit adding that the motion has no real basis under law.

Binance Arguments to Dismiss Lawsuit Lack Merit, SEC Argues In New Filing

In a Nov 8 court filing, the securities regulator claims the defendants applied the law incorrectly in an attempt to evade charges and no court in the United States has been bound by the&nb...

10 months ago

Yuga Labs confirms cause of ApeFest attendees' eye issues

The creator of BAYC and MAYC NFTs said that the UV-A emitting light installations at ApeFest likely caused eye pain and skin irritation.

Yuga Labs confirms cause of ApeFest attendees' eye issues

Yuga Labs, creator of Bored Ape Yacht Club, today confirmed the cause of the eye issues reported by attendees of its signature event last weekend — and said it is “committe...

10 months ago

U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

Representatives of the company are answering questions from two divisions of the U.S. Securities and Exchange Commission in the wake of Grayscale's court win over the agency.

U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push

The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a spot bitcoin ...

10 months ago

How a new Dubai-based exchange wants to be the home for the Solana ecosystem

Backpack CEO Armani Ferrante discusses Backpack’s exchange launch in Dubai and its future role in the Solana ecosystem.

How a new Dubai-based exchange wants to be the home for the Solana ecosystem

Episode 95 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Backpack Founder & CEO Armani Ferrante.

10 months ago

Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK

The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.

Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK

A regulated product that allows U.S. investors to gain exposure to Chainlink’s LINK is trading at a 200% premium to spot prices, suggesting institutional demand. Prices of Graysc...

10 months ago

Robinhood Poised to Launch Crypto Trading in Europe

Tenev’s plan was announced in Robinhood’s quarterly earnings report.

Robinhood Poised to Launch Crypto Trading in Europe

Robinhood’s quarterly financial report is in – with slightly disappointing news for shareholders but very interesting news for customers based in the EU. Dip in Revenue Si...

10 months ago

Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024

Crypto ATMs are continuing to expand globally with over 32,500 installed so far, Financial Times reported.

Crypto ATM Expansion Continues with Bitgamo Set to Install 90 More in 2024

Crypto ATMs allow everyday individuals to convert traditional fiat money into cryptocurrencies and vice versa, offering a level of convenience akin to standard bank ATMs. European oper...

10 months ago

OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report

Coatue also marked down its stake in MoonPay by 90%

OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report

The valuation of non-fungible token (NFT) marketplace OpenSea has been slashed by 90% by asset manager Coatue Management, according to documents seen by The Information. In 2022, ...

10 months ago

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet

Binance acquired Trust Wallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet

Trust Wallet's native token (TWT) fell 7% after Binance, the exchange that acquired Trust Wallet in 2018, released its own competing Web3 wallet. The token is c...

10 months ago

Gemini CTO Steps Down

Yet another crypto executive will be leaving his company at the end of the month.

Gemini CTO Steps Down

Over the past year, major crypto platforms have been losing C-suite members either to other firms or to other markets entirely. Kraken, Coinbase, Binance, and even FTX, prior to its cr...

10 months ago

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