Regulation
Cardano company Input Output says ADA is not a security
Recent SEC cases against Coinbase and Binance will not affect operations, IOG said.
Mike Dalton 1 min read
North America Crypto News
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Regulation
Blockchain Association members say courts will prove SEC, Gary Gensler wrong
Draft regulation could also "rein in Chair Gensler’s relentless crusade."
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
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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.
AI
US Senators raise concerns about ethical control on Meta’s AI-model LLaMA
The Senators believe that LLaMA can be misused for spam, fraud, malware, privacy violations, harassment, and other wrongdoings.
Exchanges
Woo: “Binance customers don’t care” about SEC enforcement action
Altcoin holders on Binance.US, however, seem more nervous.
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.
Legal
Seven bombshells from the SEC’s Coinbase suit
The U.S. Securities and Exchange Commission announced its charges against Coinbase, finally revealing its precise objections to the company's practices.
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Regulation
SEC requests restraining order to temporarily freeze Binance.US assets
Regulation
Coinbase, Robinhood testify before House committee on Republican crypto bill
Exchanges
SEC lawsuit triggers selloff in Coinbase stock, COIN down 15%
DeFi
