Whale interest in Cardano burgeons after it records a new all-time high DeFi TVL. Continue reading at DailyCoin.
Montenegrin Basic Court Reapproves Do Kwon’s $430K Bail Request
The Basic Court of Podgorica in Montenegro has reapproved a bail request of $430,000 for Do Kwon, the co-founder of Terraform Labs and the collapsed Terra-Luna ecosystem. This decision comes after a recent appeal by prosecutors, who sought to overturn the lower court’s initial ruling to release Kwon pending trial proceedings for document forgery allegations. […]
Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference
REMOTE-FIRST-COMPANY/SAN DIEGO–(BUSINESS WIRE)–Coinbase Global, Inc. announced today that Paul Grewal, Chief Legal Officer, will participate in a fireside chat at the Morgan Stanley US Financials, Payments, and CRE Conference on Monday, June 12, 2023 at 10:15 am ET / 7:15 am PT. A live webcast and replay of the virtual session will be available on […]
Jump Crypto’s The Pit Launches Web3 Gaming Week in Collaboration with Google Cloud
SINGAPORE–(BUSINESS WIRE)–The Pit, Jump Crypto’s community sandbox that aims to empower developers and founders to learn, ship code, and grow their networks, today announced a collaboration with Google Cloud to host Web3 Gaming Week which will be taking place at Google’s Developer Space in Singapore from June 12th to June 17th. This week-long in-person gaming […]
Binance sees no major withdrawals, but BNB could be in a frenzy…
The SEC filed a lawsuit against crypto exchange Binance. While this didn’t impact withdrawals on the exchange, BNB’s press time state was in dire need of investor confidence.
Institutional Investors Have Pulled $329 Million From Crypto Funds Since April
CoinShares wrote that the withdrawals could be investors pulling seed capital out of funds, rather than “anything more ominous.”
Crypto Clash: Bitcoin Bulls And Bears Wrestle For Control At Key Support Level
Bitcoin (BTC) and other cryptocurrencies have taken a hit in the wake of recent news regarding Binance, the world’s largest cryptocurrency exchange by trading volume. The market has reacted with concern to the disclosure of a complaint against the exchange, which has sparked a wider downtrend throughout the cryptocurrency industry. As of this writing, Bitcoin […]
TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC case
Binance attracted support from other members of the cryptocurrency industry on June 5 after receiving charges of securities violations on the same day. TRON founder expresses support The U.S. Securities and Exchange Commission (SEC) filed charges against Binance CEO Changpeng Zhao and various associated companies. Following that news, Huobi advisor and former TRON CEO Justin […]
Ethereum Transaction Fees Drop by 80% as PEPE Enters a Slumber
Ethereum gas fees spiked to their highest level since 2022 following May’s memecoin comeback championed by the emergence of “Pepe the frog” themed altcoin, PEPE. This trend, however, appears to have slowed down amidst a waning interest in PEPE despite transforming several investors into overnight millionaires. According to new data by on-chain analytic firm IntoTheBlock, […]
Binance on SEC’s lawsuit on Monday: ‘we will vigorously defend’
SEC sued Binance for violating securities laws on Monday. Here’s what Binance said in its response to the regulator. Coinbase Global ended 10% down on today’s development. Binance is in focus on Monday after the U.S. Securities and Exchange Commission (SEC) sued the world’s leading crypto exchange. Here’s what Binance said in its response to […]