Coinbase makes moves for Dismissal of SEC Lawsuit.
The lawyers also made a reference to the recent XRP case decision. Coinbase and Binance were sued by the SEC in June 2023.On Friday, Coinbase submitted a brief to the…
SHIB Top Developer Calls Coinbase Onchain Summer a Copycat
Shiba Inu’s lead developer called Coinbase’s Onchain Summer a copycat. Yesterday, the leading US-based cryptocurrency exchange, Coinbase, announced its so-called Onchain Summer. In response, the lead developer of Shiba Inu…
FTX’s SBF to Be in Jail Before Trial: Department of Justice.
The DOJ is pushing for FTX’s SBF detention pending trial, arguing that his actions went beyond exercising his right to speak to the press. The DOJ has accused SBF of…
Binance Hires New Compliance Officer Amidst Ongoing Legal Probes
Hecht’s background includes time as a senior policy adviser at the U.S Treasury Department.As Hecht’s successor, Chief Compliance Officer Noah Perlman will be a close collaborator.A number of Binance’s senior…
Robinhood Second Quarter Report: Crypto Revenue Declines by 18%
The company’s EBITDA grew by 31% progressively to $151 million. Robinhood is getting ready for expansion in the UK.Despite a decline in revenue, Robinhood announced profitable results for the second…
Google Cloud Increase Partnership With Celo Network as Validator
The network approved to switch from its own blockchain to an Ethereum layer-2 solution.Post the announcement the price spiked briefly reached almost $0.52.In addition to Deutsche Telekom and other ecosystem…
KuCoin Says It has Suspended BTC and LTC Mining Pools.
Users were cautioned to save any mining data and records before August 27. There have been rumors that KuCoin plans to lay off 30 percent of its staff. KuCoin, a…
XDC Hits One-Year High and Pump 300% in the Bear Market.
XDC price reached its highest level since January 2022. The XDC token defies market decline and surges 35.54% in a day to reach $0.86.Singapore-based XinFin Network native cryptocurrency XDC has…
FTX Didn’t Speak Up About Exchange Reboot Plans, Say Creditors
Creditors say FTX’s proposed restructuring plans are mere “ideas,” and were not formally negotiated.Lawyers representing FTX’s creditors said they weren’t filled in on a recently proposed plan to revive the…
Outrageous 1.41 Billion Terra Luna Classic (LUNC) Recently Burned by Binance.
Binance delivered 1.41 billion Terra Luna Classic (LUNC) tokens to the burn address.2.65 billion Terra Luna Classic tokens were burned by Binance in July.In the 12th round of the LUNC…