Banking
BNY Mellon’s crypto custody venture runs afoul of SEC rules
The SEC's accounting rules pose a challenge to BNY Mellon's crypto custody business.
Samuel Wan Recent Articles
Exchanges
Matt Damon promoted Crypto.com to support his Water.org charity
Damon said he gave his ad fee to Water.org and praised Crypto.com for donating an additional $1 million.
Exchanges
Binance temporarily suspends BSC deposits and withdrawals
Binance said its BSC network is down due to a node problem - the issue is being worked on and expected to be back up in one hour.
AI
US crypto crackdown is ‘upside-down’ by ignoring AI threat: Mike Novogratz
Mike Novogratz questions the US government's crackdown on crypto while overlooking the potential dangers of AI.
Exchanges
Binance daily withdrawals double as users report problems off-ramping
Binance withdrawals surge to $852 million in 24 hours amidst regulatory woes, with users reporting delays in cashing out.
Analysis
Bitcoin reclaims $28k despite potential regulatory woes from Binance lawsuit
Bitcoin recovers recent milestone — surpassing the $28,000 mark to move above its pre-Binance lawsuit price.
Legal
Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act
Coin Center warns of the potential for US authorities to block, restrict, and ban entire asset classes — including cryptocurrency.
Legal
Law firm Cooper & Kirk accuses US regulators of weaponizing banking
Cooper & Kirk calls on Congress to investigate unlawful and unconstitutional actions against the crypto industry.
Regulation
Binance CEO CZ reveals copy of letter to US Senators – weeks before CFTC lawsuit
CZ said 'lots of details' were given in a letter to US Senators, who were calling for greater transparency and accountability.
Crime
Serbian lawyers exposed for helping Do Kwon set up shell company post red notice
FatManTerra blasted "corrupt" lawyers for assisting Do Kwon establish a shell company despite being on the run from law enforcement.
Regulation
CFTC sues Binance over alleged breaking of trading and derivatives rules
The CFTC has filed legal action against Binance and two company executives for violating commodity law.
Mining
Theories abound as Bitcoin hash rate records unprecedented rise
Hodlonaut asked the community for their take on the 'frightening' rise in Bitcoin hash rate — mining firm CEO responds to alleviate concerns.
Banking
Chinese state-owned banks step up to woo crypto firms
The Hong Kong banking industry looks to attract corporate crypto business in the wake of Operation Chokepoint 2.0.
