SEC sues Coinbase, alleges multiple securities law violations
SEC sues Coinbase, alleges multiple securities law violationsThe regulator has come for Coinbase a day after filing suit against Binance.
Happy Tuesday!The global crypto market cap is $1.11 trillion, with a 24-hour volume of $42.05 billion. The price of Bitcoin is $26,223.30, and BTC market dominance is 46.0%. The price of Ethereum is $1,848.07, and ETH market dominance is 20.1%. The best-performing sector is Charity, which gained 12%. The Crypto Fear & Greed Index is currently Fear (44). Top News
SEC sues Coinbase, alleges multiple securities law violationsThe regulator has come for Coinbase a day after filing suit against Binance. Liquidations surpass $200M in 1 hour after SEC’s Binance lawsuitSEC's lawsuit against Binance led to steep losses for traders who had long positions on the crypto market. TRON’s Justin Sun, Cardano’s Charles Hoskinson side with Binance in SEC caseSun expressed support for CZ while Hoskinson warned of wider regulatory action. The Ethereum Question: Why does the SEC avoid taking action against Ethereum when all else are fair game?The chief securities regulator has spelled out a case for several tokens being labeled securities, but remains silent on where the industry frontrunner falls. Latest Insights
More NewsApple unveils hotly-anticipated AR/VR headset Apple Vision Pro at WWDC for $3,499Apple revealed its eagerly anticipated augmented reality/virtual reality (AR/VR) headset, named Apple Vision Pro. El Salvador’s Bitcoin Volcano in sightEl Salvador's ambitious Volcano Energy project aims to create a global Bitcoin mining powerhouse fueled by renewable solar and wind energy. Binance CZ says SEC lawsuit is ‘an attack on the entire industry’US SEC lawsuit against Binance appears to have united the industry, with several stakeholders supporting the embattled exchange. Traders turn to stablecoins as regulatory pressure in the US ramps upTraders have been ditching BTC and ETH, as increased regulatory pressure in the U.S. pushes them toward Tether's USDT. Binance.US deems SEC lawsuit ‘baseless’; plans to defend selfBinance said its size made it an easy target, and it is now "caught in the middle of a U.S. regulatory tug-of-war."
|
Older messages
Coinbase, Robinhood testify before House committee on Republican crypto bill
Monday, June 12, 2023
Representatives of both companies said that the draft discussion bill could provide regulatory clarity. CFTC Chairman Rostin Benham expressed more limited support.
Gary Gensler had close ties to Binance’s CZ, offered to serve as exchange advisor: lawyers
Monday, June 12, 2023
SEC chair Gary Gensler offered to serve as an advisor to Binance and kept in contact with CEO Changpeng Zhao, lawyers for the company say.
Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuit
Monday, June 12, 2023
Coinbase CEO Brian Armstrong $1.8 million stock sale on June 5 may have been pre-planned.
Ex-SEC chair Jay Clayton says agency is having ‘blunt conversations’ on crypto; endorses ‘true stablecoins’
Monday, June 12, 2023
Clayton refused to explicitly contest the actions of his successor, Gary Gensler.
SEC’s legal battles with Binance, Coinbase could reshape the crypto landscape
Monday, June 12, 2023
CryptoSlate's latest market report dives deep into the SEC's lawsuits against Binance and Coinbase, and the potential effects they could have on the broader crypto market.
You Might Also Like
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation
Saturday, November 16, 2024
Gensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Gaming Weekly - 📈 OpenSea is set to undergo a revamp; McDonald's announced a collaboration with NFT brand D…
Friday, November 15, 2024
OpenSea is set to undergo a significant revamp. McDonald's announced a collaboration with NFT brand Doodles. Lamborghini launches Fast ForWorld Revuelto NFT mint. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Bitcoin Market Cap Surpasses Silver, U.S. Advances Initiative to Include Bitcoin in Strategic…
Friday, November 15, 2024
As Bitcoin approaches $90000, its market capitalization has reached $1.751 trillion, surpassing silver's $1.734 trillion, placing it eighth among global assets by market value. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Solana outshines Ethereum with 123 million active addresses in October; Ethereum launches …
Friday, November 15, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with Qiao Wang: How to invest in PUMPFUN to get at least 1,000 times? Alliance's ultra-early stage inves…
Friday, November 15, 2024
In this interview, Qiao Wang, Alliance's co-founder and well-known crypto industry investor, shared his investment strategy in the Crypto field. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin breaks yet another all-time high, now testing $92,000
Friday, November 15, 2024
Global digital market cap reaches $3.02 trillion as Bitcoin dominates, up 117% YTD. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏