News Explorer — SEC Sues Coinbase Following Monday's Binance Suit

Generated by AI, curated by humans

Jun 6, 12:41 pm

Decrypt

SEC Sues Coinbase Following Monday's Binance Suit

The SEC has filed a lawsuit against Coinbase, alleging that the crypto exchange failed to register as an exchange, clearing house, and broker, and offering unregistered securities via its staking service. The SEC also claims that Coinbase has been offering and selling investment contracts as securities. The agency is seeking to permanently restrain and enjoin Coinbase and Coinbase Global, Inc.

The SEC has filed a lawsuit against Coinbase, alleging that the crypto exchange failed to register as an exchange, clearing house, and broker, and offering unregistered securities via its staking service. The SEC also claims that Coinbase has been offering and selling investment contracts as securities. The agency is seeking to permanently restrain and enjoin Coinbase and Coinbase Global, Inc.

Latest

Apr 17, 7:39 pm

Decrypt

Sam Altman's World Brings Proof-of-Human Verification to Zoom, Tinder and Concert Ticket Sales

World, co-founded by OpenAI CEO Sam Altman, introduced a new World ID app for managing proof-of-human verification. The... Read Summary

Apr 17, 6:26 pm

Decrypt

ASTEROID Meme Coin Trader Turned $2,455 Into Nearly $500,000 Within Hours

An Ethereum trader turned $2,455 into nearly $500,000 by trading the ASTEROID meme coin, which surged over 71,000% in 24... Read Summary

Apr 17, 5:54 pm

Decrypt

Strategy's $61 Million Bitcoin Stash Is Back in the Green After BTC Price Spike

Strategy's stock price surged 10% to $164, driven by easing Middle East tensions and Bitcoin's rise to $77,200. With nea... Read Summary

Apr 17, 5:23 pm

Protos

Tether-Backed Rumble and Northern Data Commence Merger

Tether-related entities Northern Data and Rumble are in the process of merging, with Rumble offering equity for shares o... Read Summary

Apr 17, 4:47 pm

Decrypt

Bitcoin From 2016 Bitfinex Hack Moved to Coinbase Prime by US Government

Bitcoin linked to the $9 billion Bitfinex hack in 2016 was recently transferred to Coinbase Prime by U.S. government add... Read Summary

Apr 17, 3:52 pm

Decrypt

Dogecoin Cash Plans to Link Digital Assets to Physical Gold Reserves

Dogecoin Cash Inc. is developing Dogecoin Gold, a token linking digital assets to physical gold reserves. The proposed s... Read Summary

Apr 17, 2:48 pm

Decrypt

AI Agents Excel in Crypto Yield Optimization But Struggle in Open-Ended Trading Scenarios: Report

Autonomous agents now drive over 19% of on-chain activity, excelling in yield optimization but struggling in open-ended... Read Summary

Apr 17, 2:01 pm

Decrypt

Crypto Exchange Kraken's Parent Agrees to $550 Million Bitnomial Acqusition

Payward, the parent company of Kraken, is set to acquire Bitnomial for up to $550 million in cash and stock. Bitnomial's... Read Summary

Apr 17, 12:04 pm

Decrypt

Bitcoin Rally Uncertain Due to Negative Funding Rates Indicating Shorting by Investors: Analysts

Bitcoin's rally to $76,000 faces uncertainty as negative funding rates suggest investors are shorting the market, antici... Read Summary

Apr 17, 11:10 am

Decrypt

Circle Hit With Class Action Lawsuit Over Drift Protocol Hack Response

Circle, the issuer of USDC, faces a class action lawsuit for failing to freeze stolen funds during the $285 million expl... Read Summary

Apr 16, 10:10 pm

DL News

Crime Bosses Orchestrate Crypto Wrench Attacks in France, Recruiting Young Thugs Through Social Media

Wrench attacks, involving young thugs executing violent home invasions to steal crypto, are orchestrated by crime bosses... Read Summary

Apr 16, 9:52 pm

Decrypt

Cardano Founder Charles Hoskinson Says Satoshi's Bitcoin Won't Be Saved By Quantum Fix

BIP-361 aims to freeze Bitcoin coins not moved to quantum-resistant addresses, potentially saving 34% of supply. Cardano... Read Summary

Apr 16, 9:07 pm

Decrypt

Ethereum Foundation Program Uncovers North Korean IT Workers in the Crypto Industry

The Ethereum Foundation's ETH Rangers Program identified and exposed around 100 IT workers linked to North Korea over si... Read Summary

Apr 16, 8:35 pm

Decrypt

Russian Exchange Grinex Hacked for $13 Million, Alleges Involvement of 'Western Special Services'

Grinex, a Russian crypto exchange linked to Garantex, reported a hack of over $13 million by "Western special services."... Read Summary

Apr 16, 5:43 pm

Decrypt

Stack BTC Appoints David Galan as CEO to Drive Bitcoin Accumulation

Stack BTC has appointed David Galan as its new CEO to lead the company's strategy shift towards acquiring cash-generativ... Read Summary