Trading
Legal
US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao
Zhao argued that he is a first-time offender and has cooperated acting in good faith regarding the matter.
Stablecoins
Tether commits to freezing addresses linked to sanctions as scrutiny over USDT misuse grows
Over the past year, Tether has froze a significant amount of its USDT stablecoin linked to illicit activities.
Legal
Crypto groups sue SEC, claiming overreach in new dealer rule definition
The group claimed the the broad definition of a dealer could ensnare individuals engaged in digital asset trading
Crypto
Mining pool ViaBTC auctions rare Bitcoin ‘epic sat’ from recent halving event on CoinEx
The highest bid for the rare asset is 2 BTC as of press time.
Regulation
Binance faces app removal in the Philippines over regulatory issues
The Philippines SEC has made recurring warnings about Binance's illegal operation within its jurisdiction.
Legal
Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead
Ripple described the SEC's fine proposal as a "draconian remedial request."
Culture
Lisbon Blockchain Conference to feature elite pitching event for crypto startups
This year's Lisbon Blockchain Conference offers a wide range of activity designed to educate and entertain.
Technology
Shibarium sees brief outage amid Shiba Inu’s Layer-3 blockchain ambitions
Shiba Inu said it raised $12 million to develop privacy-centric Layer-3 blockchain network
Crypto
Bitcoin’s halving fails to stem $206 million outflows as investors shift to altcoins like Polkadot
Analysts explained that the current outflow trend was being influenced by the high interest rate fears.
Exchanges
FTX creditors invited to bid on Solana tokens in new auction format
FTX's management previous discounted sales of the Solana tokens had attracted criticisms from creditors.
Technology
Polkadot parachains sees temporary halt in block production after major network upgrade
Despite the block production issues, Polkadot's DOT token rose by approximately 5%.
Crypto
100k signatures can trigger Swiss national referendum on adding Bitcoin to country reserves
If the Bitcoin advocates' plan succeeds, Switzerland could become the first country in the West to embrace the flagship crypto asset.
