Legal
Citadel Securities says ex-employees launched crypto firm with stolen trade secrets
The company has filed a lawsuit against two former employees.
Mike Dalton 2 min read North America News
Coverage footprint 25.9%
7D News sentiment 30 /100
Top North America Stories
Mike Dalton 2 min read 
Exchanges
Binance’s share of Bitcoin spot market falls more than half since February peak of 85%
Data suggests the war on crypto is taking its toll on Binance — the firm is set to shift focus away from Canadian and U.S. market.
Legal
Ripple XRP rises 7% after judge denies SEC’s motion to seal Hinman documents
Ripple CEO Brad Garlinghouse described the judgment as another win for transparency. XRP grew 7% following the news.
More North America Crypto News & Analysis
AI
OpenAI CEO Sam Altman calls for AI to be regulated during Senate hearing
Sam Altman appeared before lawmakers to discuss artificial intelligence.
Banking
SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike
Becker described the Fed's interest hike as the "steepest rate increase over a 12-month period in almost 40 years."
Exchanges
Coinbase says SEC response reinforces concern about the regulator actions
The SEC wants the court to reject Coinbase's request for a new regulatory framework for the crypto industry.
Regulation
SEC files to reduce LBRY’s multi-million dollar fine to $111K
The regulator originally wanted to impose a $22 million fine on the project.
Bankruptcy
Bankrupt lender BlockFi to liquidate lending platform
BlockFi said the amount its creditors will get depends on the outcome of its pending suit against bankrupt Alameda Research, FTX, others.
Crime
North Korean hackers steal $497M in crypto from US businesses
Since 2017, the North Korea-backed hackers stole $721 million from Japan — equating to 30% of their illicit wealth.
