Coindesk News
- BNB, CAKE Plummet Following SEC Crackdown on Binance Juni 5, 2023Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8% over a four-hour period.Sage D. Young
- El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine Juni 5, 2023The 241 MW site will be powered by wind and solar energy.Eliza Gkritsi
- Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens Juni 5, 2023Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.Shaurya Malwa
- Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange Juni 5, 2023Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”Ian Allison
- SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations Juni 5, 2023The U.S. Securities and Exchange Commission is suing crypto exchange Binance, Binance.US and its CEO, Changpeng "CZ" Zhao on allegations of violating federal securities laws.Nikhilesh De
- Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis Juni 5, 2023The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday.Krisztian Sandor
- Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff Juni 5, 2023Crypto asset manager Arca has cut 30% of its staff amid a continuing bear market and regulatory uncertainty, the company said Monday.Helene Braun
- Coinbase Shares Drop 10% Following SEC’s Suit Against Binance Juni 5, 2023Shares of Coinbase (COIN) were down 10% after news broke that the Securities and Exchanges Commission (SEC) sued Binance on allegations of violating federal securities law on Monday.Helene Braun
- Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities Juni 5, 2023The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public.Lyllah Ledesma
- Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations Juni 5, 2023The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.Sage D. Young