Tokenization
Filecoin Foundation rejects SEC’s classification of FIL as security
Filecoin Foundation described the blockchain network as "a decentralized, peer-to-peer network for storing files."
Oluwapelumi Adejumo 1 min read
North America Crypto News
Topic stats
Total views 21.65M
Coverage footprint 64.7%
Audience rank #1
Top North America Stories
Bankruptcy
FTX sues SBF, others over ‘worthless’ fintech company acquisition
FTX liquidators said no investor was willing to pay more than $1 million for the company less than four months after SBF acquired it.
Regulation
Ripple CEO points to regulatory confusion as US crypto firms seek growth elsewhere
Brad Garlinghouse said the confusing U.S. crypto regulatory landscape is driving companies to focus on foreign jurisdictions.
Latest North America Crypto News & Analysis
Bankruptcy
First Voyager payouts should begin by June 1, creditors’ committee says
Voyager's approved liquidation plan may allow customers to access their funds by June 1st, with the possibility of recovering up to 63.7% of their deposits depending on the outcome of FTX litigation.
Legal
Citadel Securities says ex-employees launched crypto firm with stolen trade secrets
The company has filed a lawsuit against two former employees.
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.
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."
