Due to rising concerns about the potential involvement of Genesis’ parent firm Digital Currency Group (DCG) in the lender’s reorganization, U.S. Bankruptcy Court Judge Sean Lane prolonged a mediation session between Genesis and its creditors during a Monday bankruptcy hearing. The original end date for the mediation session of May
ST HELLIER, Jersey, June 6th, 2023, Chainwire OKX, the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 technology company, and regulated digital asset custody service provider Komainu, today announced that OKX has joined collateral management platform Komainu Connect, enabling institutional customers to conduct secure 24/7 trading of
Cboe Global Markets was granted permission to provide margin Bitcoin and Ether futures contracts to its cryptocurrency customers on Monday, June 5. When it comes to Bitcoin futures contracts, Cboe was an early adopter. To provide both physically settled and financially settled margined products beginning in the second part of
The U.S. Securities and Exchange Commission has filed a lawsuit against Binance, the world’s largest crypto exchange, and CEO Changpeng Zhao for securities violations. Binance CEO has tweeted his reply to the lawsuit after a long silence. After his tweet, Justin Sun comes up with support for CZ. Extended Support
On Monday, the seventh consecutive week of outflows from Digital Asset Investment products accounts for $62M which then totals around $329 million. This indicates the one percent of overall assets under management (AuM). However, on a statistical basis, this coincides with the proportion of outflows seen in earlier 2022. The
Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind TOKEN2049 has already surpassed last year’s registration and sponsorship numbers with numbers steadily climbing ahead of September Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy Digital CEO
The global cryptocurrency market has been significantly jolted, including digital currencies such as Bitcoin (BTC) and Polygon (MATIC). This disturbance is mainly due to the recent measures undertaken by the U.S. Securities and Exchange Commission (SEC) against Binance, a leading cryptocurrency exchange. Market Instability and Dipping Prices Bitcoin, the leading
In a major legal development, the Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, one of the world’s largest cryptocurrency exchanges. The SEC complaint specifically identifies ten tokens, including popular cryptocurrencies such as SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, as unregistered crypto
As the long-running SEC vs. Ripple lawsuit comes to an end, it’s interesting to hear that pro-XRP attorney John Deaton has expressed such a prediction regarding the possibility of winning. He stated that Ripple had an outright win against the Securities and Exchange Commission. Also, the SEC has a less
Binance, the major cryptocurrency exchange, and its CEO, Changpeng Zhao have received nearly 13 case files from the United States Securities and Exchange Commission (U.S. SEC) so far. Meanwhile, on Monday, a case complaint was raised in US Federal Court against Binance. The case file includes the unregistered security exchanges
