EU’s landmark MiCA legislation added to Official Journal, to come into effect soonMiCA legislation aims to create a consistent regulatory framework for crypto assets among European Union member states.Saniya RaahathJune 9, 2023News
Crypto Venture Firm Paradigm Criticizes SEC’s Attempt to Classify DEXs as ExchangesSEC's proposed revision of the 1934 Securities Exchange Act seeks to include DEXes and DeFi under the gambit of "exchange."Saniya RaahathJune 9, 2023News
Lawsuit against DeFi firm PoolTogether dismissed in courtCourt stated the plaintiff, Joseph Kent, can't pursue a lawsuit because he "suffered no concrete harm at the hands of the defendants." Saniya RaahathJune 8, 2023News
SEC lawsuit against Binance reveals concerning allegations, exchange dismisses claims as “baseless”SEC claims that the exchange and its founder allegedly enriched themselves by billions of U.S. dollars while exposing investors' assets to significant risks. Saniya RaahathJune 7, 2023News
SEC Lawsuit Against Binance May Hamper Exchange’s South Korea Expansion PlansSouth Korea’s FSC is scrutinizing Binance's acquisition of local crypto trading platform Gopax following the SEC lawsuit.Saniya RaahathJune 7, 2023News
SEC sues Coinbase for its alleged unregistered offeringsSEC sued Coinbase, alleging that the exchange is operating illegally as it has failed to first register with the regulator.Saniya RaahathJune 6, 2023News
New York’s Met Museum to return $550K in donations from collapsed FTXThe $550,000 was paid to the Met in two separate installments — the first $300,000 in March 2022 and the rest in May.Saniya RaahathJune 5, 2023News
Terraform Labs’ Do Kwon released on bail for second timeTerraform Labs co-founder Do Kwon has been granted bail in Montenegro following the dismissal of an appeals process by prosecutors.Saniya RaahathJune 5, 2023News
Japan’s MUFG to Launch Bank-Backed Stablecoins on Numerous Public BlockchainsProgmat Coin will facilitate the issuance of bank-backed stablecoins on various public blockchains, including Ethereum, Polygon, Avalanche, and CosmosSaniya RaahathJune 3, 2023News
OpenAI CTO’s Twitter hacked, posts fake crypto airdropsThe website shared in the compromised tweet mimicked the layout and design of a legitimate project named ChainGPT.Saniya RaahathJune 2, 2023News