Market
Analysis
Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest
Decentralized finance activity on Cardano has risen to over 500 million ADA tokens in spite of the SEC's security classification.
Stablecoins
TUSD regains $1 parity after three-day depeg
TUSD's market cap experienced a net decline of nearly $30 million since it lost its peg on June 10.
Regulation
US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
The SEC Stabilization Act would remove the chairman of the Commission and ensure its priorities protect investors.
Analysis
Bitcoin trades at premium on Binance US as liquidity dries up
Binance US has seen its trading activities drop to record lows following the SEC's lawsuit against the firm.
Stablecoins
Tether treasury sends Binance $750M USDT in chain swap transaction
The stablecoin issuer's vocal CTO also announced the minting of 1 billion new USDT.
Regulation
Mark Cuban slams SEC’s crypto guidelines as ‘near impossible’ to navigate
Shark Tank Investor Mark Cuban highlighted how the SEC enforcement actions have often conflicted what is on its website.
DeFi
Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle
Blockchain security firm BlockSec stated that Sturdy Finance suffered a reentrancy attack alongside its price oracle manipulation.
Crime
US DOJ charges 2 Russians with laundering over 600k Bitcoin
The DOJ alleged the Russian nationals set up a virtual asset platform, BTC-E, from the proceeds of their Mt. Gox hack.
Exchanges
Bitcoin trades at slight discount on Binance.US as banking partners cut ties
Bitcoin is currently trading at a discount on Binance.US amid mounting regulatory woes.
Crypto
Bitcoin’s price maintains $26.5K despite continued regulatory woes: CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Exchanges
Coinbase CEO’s $1.8 million stock sale raises eyebrows amid SEC lawsuit
Coinbase CEO Brian Armstrong $1.8 million stock sale on June 5 may have been pre-planned.
Analysis
Past exploit threatens $200M liquidation if BNB falls below $220
Binance's BNB is at the risk of "the single largest liquidation in DeFi" if its price were to drop 20%.