Buterin says Ethereum needs 3 critical transitions to ensure its survival

Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack. дальше »

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The SEC Has Started an All-In Political Battle Over Crypto

The SEC's lawsuits against Binance and Coinbase are likely to play out across the U.S.'s legal and political system over several years, says Michael Casey. дальше »

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Binance VP of Marketing: crypto needs to 'double down' on community support

Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity. дальше »

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Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected

The delays are impairing the miner's hashrate and bitcoin production. дальше »

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Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says

Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long. дальше »

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EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says

A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky. дальше »

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Ripple losing SEC case can affect Coinbase and Binance, lawyer says

The SEC’s arguments against Coinbase and most of Binance’s litigation would be severely weakened if Judge Torres ruled that XRP tokens purchased on secondary marketplaces are not securities, according to lawyer James Murphy. The SEC claims that Coinbase is acting… дальше »

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Binance.US Suspends Use of Fiat as Legal Troubles Mount

The exchange says users should withdraw USD as soon as possible as the Securities and Exchange Commission engages in "extremely aggressive and intimidating tactics" against the company. дальше »

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Brazil Is on the Path to Sensible Crypto Regulation, Says Hashdex Executive

In an exclusive interview with BeInCrypto, Bruno Ramos de Souza, the top executive for US and Europe at Hashdex, paints a generally positive picture of crypto in Brazil. The post Brazil Is on the Path to Sensible Crypto Regulation, Says Hashdex Executive appeared first on BeInCrypto. дальше »

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Coinbase legal chief Paul Grewal says SEC ‘misread the law’

Coinbase chief legal officer Paul Grewal believes that the SEC has “misread the law” when it comes to labeling many cryptocurrencies as securities and the “status of crypto will remain strong. дальше »

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Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token

Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week. дальше »

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Coinbase CEO sold big chunk of company shares a day ahead of SEC complaint

Brian Armstrong sold over 29,000 shares ahead of SEC lawsuit. Fox Business journalist says the sale was perfectly legal. Coinbase shares are currently down 35% versus their YTD high. Shares of Coinbase Global Inc were hit hard this week after the SEC sued the crypto exchange. дальше »

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Cathie Wood Says ‘Uncertainty and Volatility’ Solidifies Belief That Bitcoin Will Reach $1 Million

ARK Invest CEO Cathie Wood has been one of the most vocal proponents of Bitcoin over the last few years. The CEO has given numerous predictions for the digital asset which she expects to reach as high as $1 million. дальше »

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SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming

U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility. дальше »

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Do Kwon Faces Potential Prison Time In US And South Korea, Prosecutor Warns

Terraform Labs co-founder Do Kwon has fallen into the tight fist of the law as a senior prosecutor says Kwon may face double jail terms, first in his native South Korea and then in the US. The senior South Korean prosecutor, Dan Sunghan, stated that Do Kwon would face multiple sentences regarding his involvement in […] дальше »

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Cathie Wood says SEC scrutiny into Binance will reduce competition for Coinbase

Ark Invest CEO Cathie Wood told Bloomberg that Coinbase could benefit from the Securities and Exchange Commission’s (SEC) scrutiny of Binance. The SEC sued both Coinbase and Binance earlier this week for allegedly offering unregistered securities, among other charges, in separate cases. дальше »

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Binance Redirected $12B to Firms Controlled by CEO Changpeng Zhao, SEC Says

SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited. дальше »

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Do Kwon could serve prison in both US and South Korea, prosecutor says

South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well. дальше »

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EMAX class action against Kim K and Mayweather is back on, says judge

While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities. дальше »

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Binance Says Gensler Once Offered to Be an 'Informal Advisor'

A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder. дальше »

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Cardano company Input Output says ADA is not a security

Input Output Global (IOG), the company behind Cardano, responded to recent regulatory action concerning the legal status of its ADA token on June 6. Input Output responds to SEC cases IOG’s statement pertains to the U. дальше »

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Blockchain Association members say courts will prove SEC, Gary Gensler wrong

Members of the Blockchain Association have commented on recent actions from the U. S. Securities and Exchange Commission (SEC). CEO says Gensler will be proven wrong The SEC sued Binance and Coinbase on June 5 and June 6, respectively. дальше »

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Coinbase CEO Brian Armstrong responds to SEC lawsuit; says Gensler’s views ‘not representative’ of US government

Brian Armstrong, CEO of Coinbase, defended his firm’s position and the broader cryptocurrency sector in a Bloomberg Live interview today. Armstrong’s remarks come in response to a recent lawsuit from the Securities and Exchange Commission (SEC) and as the U. дальше »

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Treasury Sec Janet Yellen says she’s “supportive” of SEC’s regulatory approach

US Treasury Secretary Janet Yellen says she supports what regulatory agencies are doing in terms of using available tools to protect consumers and investors in the crypto space. Yellen’s comments came on Wednesday during an interview with CNBC’s Squawk Box, and only a day after the SEC filed a lawsuit against Coinbase. дальше »

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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 and BUSD. Binance. US has also paused its OTC trading, but says withdrawals and deposits remain open. дальше »

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XRP Ledger Hits New Milestone, Crypto Lawyer Says Ripple v. SEC Lawsuit About to Sunset, SHIB Bulls Buy Back 2.5 Trillion SHIB: Crypto News Digest by U.Today

Stay updated on all of industry's top events with U.Today's crypto news digest! дальше »

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Ripple CEO's Speech Hints at Pro-XRP Outcome in SEC Battle, Says Lawyer

Bill Morgan anticipates XRP victory following Brad Garlinghouse's rhetoric about SEC дальше »

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Ripple Lawsuit: “SEC Has A 3% Chance Of Winning,” Says Lawyer, Predicts XRP Victory Surge to $10 Price

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Binance.US Says Customer Funds Are Safe As SEC Requests Restraining Order To Freeze Assets

A day after slapping Binance with a lawsuit, the U.S. Securities and Exchange Commission is now taking swift action to freeze assets tied to the American arm of the global exchange “on an expedited basis”. дальше »

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First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets. дальше »

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US Doesn’t Need More Digital Currency, It Already Has The Dollar, Says SEC Chair

In a recent interview, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, declared that the United States does not require any other digital currency. As the SEC takes legal action against major cryptocurrency exchanges Binance and Coinbase for allegedly operating unregistered securities exchanges, Gensler emphasized that the U.S. dollar already serves as a […] дальше »

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Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations

Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says.

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Coinbase CEO responds to SEC suit, says team is ‘confident’ in facts and law

In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them. дальше »

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Industry Should Guide Crypto Regulation, Says Managing Partner of Cummings Pepperdine

Claire Cummings, managing partner at Cummings Pepperdine, believes the industry does not have enough say when it comes to drafting, enacting, and enforcing crypto regulation. The post Industry Should Guide Crypto Regulation, Says Managing Partner of Cummings Pepperdine appeared first on BeInCrypto. дальше »

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Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield

The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year. дальше »

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Elon Musk Gives Epic Dogecoin Reply to Twitter Founder Who Says Ethereum Is Security

Ethereum is security? Twitter founder Jack Dorsey insists so, Elon Musk gives epic DOGE reply дальше »

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U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler

Gensler's comments follow landmark suits filed this week against Binance and Coinbase. дальше »

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ADA tanks 7% post Binance lawsuit: 'Dystopia,' says Hoskinson

After being labeled as an unregistered security, ADA’s price fell sharply. The Cardano founder opined that the regulator was authoritarian. Shredding 7.64% in the last 24 hours was not somThe post ADA tanks 7% post Binance lawsuit: 'Dystopia,' says Hoskinson appeared first on AMBCrypto. дальше »

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Ripple v. SEC Lawsuit About to Sunset, Crypto Lawyer Says It Portends Well for XRP

Ripple-SEC lawsuit has gone on for more than two years дальше »

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Binance CZ says SEC lawsuit is ‘an attack on the entire industry’

Binance CEO Changpeng Zhao (CZ) described the U.S. Security and Exchange Commission lawsuit against his firm as an attack on the entire crypto industry. On June 5, the SEC filed a lawsuit against Binance, and related entities, alleging federal securities law violations placing American investors at risk, including the firm offering of unregistered security tokens […] The post Binance CZ says SEC lawsuit is ‘an attack on the entire industry’ appeared first on CryptoSlate. дальше »

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AI should be regulated like medicine and nuclear power: UK minister

A minister from the United Kingdom’s opposition party says artificial intelligence should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries. дальше »

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Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’

United States Attorney Damian Williams says the lies of the former Minnesota Vikings co-owner exposed the U.S. financial system to “serious risk.” дальше »

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Apple's New Headset Could Change the Way We Design the Metaverse

Apple on Monday announced its Vision Pro headset, which it says "seamlessly blends digital content with the physical world." What could this mean for the future of Web3? дальше »

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Genesis granted plan extension; judge says FTX can’t take part in mediation

A judge in Genesis’ bankruptcy case has extended the date by which the company must file a recovery plan, according to a June 5 filing. Genesis receives a plan extension Genesis is currently in bankruptcy proceedings. дальше »

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Bitcoin “Very Unlikely” To Make New Low, Says Analyst as BTC Price Flirts With $25k

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Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says

If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says. дальше »

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Binance responds to the SEC, CCO says “operating unlicensed securities exchange”

In what seems like a leaked communication between Binance Chief Compliance Officers (CCOs), a CCO was quoted saying “We are operating a fking unlicensed securities exchange in the USA bro. ” The SEC had earlier today announced it had charged “Binance Holdings Ltd. дальше »

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Coinbase aims at institutional investors with larger BTC and ETH futures

Coinbase derivatives exchange is set to launch its institutional-sized bitcoin (BTC) and ether (ETH) futures contracts. The company says the financial instruments will come with enhanced risk management features and lower fees. дальше »

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VanEck Says This Is When Ethereum (ETH) Will Reach $11,800

In a new report released by global investment manager VanEck, Ethereum (ETH) takes center stage as the cryptocurrency with immense growth potential. According to VanEck’s analysis, they predict that the price of ETH will hit $11,800 by the year 2030, positioning it as a formidable competitor to traditional US Treasury bonds. This projection has caught […] дальше »

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XRP, ADA and SHIB Are Undervalued, Santiment Says

Cryptocurrency analysis platform Santiment indicates that key altcoins, such as Ripple-affiliated XRP, Cardano (ADA), and Shiba Inu (SHIB), might currently be undervalued дальше »

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