Industry
Legal Blow to Binance: Judge Rejects Motion Amidst Controversy Surrounding SEC Statement
The federal judge presiding over the lawsuit involving Binance.US, Binance Holdings Ltd., CEO Changpeng Zhao (CZ), and the Securities and Exchange Commission (SEC) has rejected a motion that sought to prevent the SEC from making public statements regarding the caseHallie GillAmazon Boosts AI Initiatives with $100 Million Investment
Amazon Web Services (AWS) -- the e-commerce giant's cloud arm -- said it will allocate $100 million to build a center to help entities leverage generative artificial intelligence (AI).Cornell RachelCrypto.com Receives Regulatory Approval to Offer Crypto Services in Spain
Singapore-based cryptocurrency trading service provider, Crypto.com, has obtained registration as a virtual asset service provider from the Bank of Spain.Jerry McNeillThe Blame Game Begins: ASX's Failed CHESS System Blockchain Upgrade Sparks Intense Controversy
Digital Asset, the New York-based firm behind the now-defunct blockchain-based clearing system for the Australian Securities Exchange (ASX), has accused the ASX of abandoning its blockchain plans.Craig GreenJPMorgan Revolutionizes Euro-Denominated Payments with JPM Coin Deployment
JPMorgan, the US-based investment bank, is expanding the use of its blockchain project by implementing it into traditional banking.Cornell RachelCircle and Sequoia Dominate as Silicon Valley Bank's Premier Savers
According to documents from the US Federal Deposit Insurance Corporation (FDIC), stablecoin issuer Circle and venture capital firm Sequoia Capital were among the top 10 depositors at Silicon Valley Bank (SVB)Martha GrizzardBinance to exit Dutch market
Global cryptocurrency exchange Binance has terminated its services in the Netherlands, exiting the Dutch market after failing to obtain a virtual asset service provider (VASP) license.Barry StidhamCertiK Earns $500,000 Bounty for Uncovering Critical Sui Blockchain Vulnerability
CertiK, a leading blockchain security firm, has been granted a generous $500,000 bounty by the Sui network after identifying a potential threat that could compromise Sui's layer-1 blockchain.Craig GreenEtherscan Unleashes Cutting-Edge AI Barcode Reader for Seamless Blockchain Navigation
Etherscan, the Ethereum block explorer and analytics platform, has unveiled an innovative tool called "Code Reader" on June 19. Powered by artificial intelligence (AI),Christopher SmithBinance's BNB Chain Unleashes Powerful Layer 2 Testnet Fueled by Optimism
BNB Chain, the layer-1 blockchain founded by Binance, has unveiled opBNB, a new layer-2 chain aimed at addressing its scalability challenges.Cornell RachelRevolutionary Collaboration: Tether and Bitfinex Unite to Fund a $100K Grant for Cutting-Edge Private Operating System
Tether Operations Limited, the company responsible for the USD stablecoin Tether, and Bitfinex, a cryptocurrency exchange, jointly announced a grant of 100,000 USDT to support the development of Qubes OS.Hallie GillBinance Embraces Lightning Speed: Implements Lightning Network Nodes for Lightning-Fast Bitcoin Transactions
On June 20, Binance, a prominent cryptocurrency exchange, made an announcement stating that it has initiated the operation of a node on the Bitcoin Lightning Network.James DeanUnleash Your Sneaker Obsession: Nike Teases Epic 'Airphoria' NFT Sneaker Hunt on Fortnite
Nike, the renowned footwear and apparel company, has hinted at the possibility of releasing a series of sneaker non-fungible tokens (NFTs) within the popular online game Fortnite.James DeanUniswap V4: A Game-Changing Upgrade Unleashes a New Era of DeFi Innovation
One of the most significant challenges in the world of decentralized finance (DeFi) is high transaction costs. Addressing this issue head-on, Uniswap has unveiled its latest upgrade, Uniswap V4Wayne IngramTwitter suspends AI bot linked to memecoin following Elon Musk's accusations of 'scam crypto'
Twitter has taken the step of suspending the account of the popular memecoin-associated artificial intelligence bot called "Explain This Bob"Wayne IngramBinance Takes a Strategic Step: Cancels Registration of Inactive Business in the UK
As global regulators continue to impose resistance on cryptocurrency exchange Binance, the company is withdrawing from significant markets.Jerry McNeill"High-Stakes Real Estate Deal: Realtor Allegedly Accepts $3 Million Offer for Property Linked to Sam Bankman-Fried
A property near Capitol Hill in Washington, DC, previously associated with the defunct cryptocurrency exchange FTX and its former CEO,Sherry CantwellDelio Crypto Lender Set to Resume Withdrawals Following Resolution of Counterparty Spread Issue
South Korean cryptocurrency lending platform Delio will resume user withdrawals after a temporary suspension on June 14. The exact timeline for the resumption has not been specified.James DeanFounder Do Kwon Sentenced to 4 Months in Prison for Passport Forgery in Montenegro
Terraform Labs founder, Do Kwon, has been sentenced to four months in prison by a Montenegrin court for the use of a fake passport.Christopher SmithUK Government Propels Financial Markets Bill to Drive Potential Cryptocurrency Regulation
Legislators in the upper house of the British Parliament are making progress in passing a bill that aims to support the adoption of cryptocurrencies within the country.Cornell Rachel
