SEC defends amended suit against Binance, CZ over securities claims

Amid lawsuits against United States-based exchanges like Coinbase and Binance.US, an executive at a domestic digital asset firm has noted the legal implications of these recent enforcement actions for the industry.The era of trading cryptocurrencies as non-securities is coming to an end, according to Itai Avneri, chief operating officer at the blockchain trading firm INX.…

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Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims. 138 Total views 4 Total shares Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs.In the second

ARK Invest estimates Bitcoin could rise to anywhere between $500,000 and $2.4 million by the end of 2030 as Bitcoin continues to be adopted by institutions and nation-states. 368 Total views 3 Total shares Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the

Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today's COIN listing it's now worth $2.4 billion. 2843 Total views 17 Total shares Garry Tan, a prominent angel investor and the founder of Initialized Capital, was one of the first investors to provide seed funding to Coinbase eight years ago. Less than…

Artificial intelligence (AI) isn’t just generating lots of content these days, but equally, lots of excitement too. The rise of ChatGPT has led to the rapid adoption of generative AI technology in numerous industries, helping to answer people’s queries, create fresh content, book appointments, draw pictures, assist coders and much more.  The excitement around AI…

Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 367 Total views 49 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last…

The global network of open APIs is expanding to support new layer 1 blockchains. 4259 Total views 12 Total shares Following its mainnet launch on Ethereum in mid-December 2020, The Graph has today announced that it is integrating Polkadot, NEAR, Solana and Celo.As reported, The Graph is a protocol that enables programmers to build Application Programming…