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Binance Challenges the SEC and Argues Lack of Legal Basis and Non-existent Investment Contract, And Other News

Leonardo Perez 2023-12-14 10:47:16

Binance challenges the SEC and maintains that it lacks authority to regulate exchanges that facilitate cryptocurrency trading. Cryptocurrency exchange Binance is challenging the SEC and has asked the United States District Court of Columbia to dismiss the lawsuit filed by the Securities and Exchange Commission (SEC). Despite reaching a historic settlement of more than $4 […]

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Ethereum’s Growing User Base Boosts Revenue Projections: Projected to Double to $5 Billion

Audy Castañeda 2023-12-14 10:43:33

Bitwise anticipates that 2024 will be another important year for stablecoin expansion. Bitwise Invest, an investment firm specializing in the crypto space, recently unveiled its early crypto predictions for 2024. These projections provide insight into the future of the cryptocurrency industry, highlighting major milestones and potential breakthroughs for the largest cryptocurrencies. like Bitcoin (BTC). and […]

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Tether, Issuer of USDT, Receives Negative Evaluation from S&P Global Ratings

Leonardo Perez 2023-12-13 10:19:17

S&P Global Ratings released its assessment of stablecoins relative to a fiat currency. The results were not very good for Tether. In its report, S&P Global Ratings applied its analytical approach to evaluate the stability of a stablecoin on a scale from 1 (very strong) to 5 (weak). S&P Global Ratings evaluated Tether (USDT) with […]

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BNB Chain Reveals Core Principles, Features, and Roadmap for Its Greenfield Decentralized Storage Network

Audy Castañeda 2023-12-13 10:16:36

The roadmap contains several exciting developments that combine Web2 performance and Web3 features to improve user experience. BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has published its technology roadmap for BNB Greenfield. The roadmap targets Web2 and Web3 developers and users by elevating performance, improving development experiences, and […]

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KuCoin Settles Lawsuit, Agrees to Block New York Customers and Pay $22 Million

Leonardo Perez 2023-12-13 10:13:22

KuCoin will repay a total of $16.7 million to approximately 177,800 New York investors under the terms of the agreement. In a significant development, KuCoin, a leading cryptocurrency exchange, reached a $22 million settlement and agreed to cease trading activities in New York to resolve a lawsuit filed against it by the state. The platform […]

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