Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
Gary Gensler’s Securities and Exchange Commission (SEC) branded Binance.US “a cauldron of fraud,” and used its power and influence to choke off the firm’s banking…
Category: CoinDesk
Is Bitcoin Bottom In? BTC’s Price Action is Inverse of December Peak Above $108K
The pressing question on crypto traders’ minds is: Has bitcoin’s (BTC) price weakness run its course, or is there more to come? The former appears…
Sony’s Layer-2 Blockchain “Soneium” Goes Live
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching…
MoonPay Buys Crypto Payment Processor Helio for $175M
MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million.…
Why Investor Protection and Enforcement Still Matters
Until recently, it was “green candle galore” in the crypto markets since Trump’s election win. Bitcoin momentarily broke the all-important $100,00 level, a near 500%…
U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules
The U.S. Securities and Exchange Commission must now thoroughly “explain itself” for refusing to grant Coinbase.’s formal request that the agency write regulations for how…
Chainalysis Buys Israeli Fraud Detection Startup Alterya for $150M
Blockchain analytics company Chainalysis said Monday it had acquired fraud detection startup Alterya. The deal carried a price tag of $150 million, according to Business…
U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests
The Federal Deposit Insurance Corp. will soon be under new management, and the senior Republican there, Travis Hill, has outlined some pro-crypto policy thoughts just…
Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push
Tether, the crypto behemoth behind the $137 billion stablecoin USDT, is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said…
Jamie Dimon Still Sees ‘No Value’ in Bitcoin
JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC). “Bitcoin itself has no intrinsic…