Market
Scams
Sui-based NemoSwap’s investors deny involvement in $3M seed round
NemoSwap had deleted the statement about its $3 million seed round and locked comments on its official Twitter page.
Crypto
Solana leads top-ten losses while BTC maintains $26k: 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 to withdraw over 70k staked ETH amid SEC lawsuit
U.S. regulatory pressure has led to an increased demand from Coinbase users who want to withdraw their staked Ethereum.
Exchanges
Binance US removes 100+ advanced trading pairs amid SEC scrutiny
Some of the affected trading pairs included assets the SEC had classified as securities in its lawsuit against Binance.US
Exchanges
Nansen data shows nearly $600M in outflows at Binance, Coinbase
Nansen said funds leaving Binance and Coinbase were much lesser than it observed 24 hours after Binance was sued by the SEC
Exchanges
SEC alleges Binance sent Paxos nearly $20B in commingled funds via Merit Peak in 2021
An SEC official alleged Binance commingled funds in bank accounts that was used to send Paxos nearly $20 billion in 2021.
Crypto
Bitcoin briefly recaptures $27k in mixed market performance: 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
Binance US users withdraw $78M amid SEC lawsuit and asset freeze concerns
Blockchain data shows that Binance US users withdrawal rate increased after SEC moved to freeze the exhange assets.
Exchanges
US senators slam SEC’s Coinbase lawsuit, demand clearer crypto regulations
Two US senators criticized the SEC's lawsuit against Coinbase, accusing the regulator harming consumers.
Exchanges
Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment
Law firm Gresham International said US unfavorable regulatory environment has shown that "crypto is not welcome."
Exchanges
SEC lawsuit triggers selloff in Coinbase stock, COIN down 15%
Coinbase stock, alongside several crypto-related stocks, have seen their values crash following the SEC's new lawsuit.
DeFi
Decentralized exchange trading volume grows 88% following SEC lawsuits
The SEC's actions against industry giants has pushed traders to decentralized alternatives.