The U.S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.C., on May 29. In its initial complaint, filed…
Cryptocurrency News
U.S. SEC dismisses lawsuit against Binance crypto exchange [btcmanager]
The U.S. Securities and Exchange Commission has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. A joint motion to dismiss the case was filed in federal court in Washington, D.C., on May 29. In its initial complaint, filed…
Bitcoin eyes ‘healthy pause’ around $106K before price picks up steam [cointelegraph]
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
Decentralized AI favored by majority of Americans: DCG poll [cointelegraph]
A Harris poll commissioned by Digital Currency Group found 77% of surveyed Americans saw decentralized AI “as more beneficial to society overall.”
Decentralized AI favored by majority of Americans: DCG poll [cointelegraph]
A Harris poll commissioned by Digital Currency Group found 77% of surveyed Americans saw decentralized AI “as more beneficial to society overall.”
Bitcoin ETFs have first joint outflow in 2 weeks, but BlackRock bucks trend [cointelegraph]
US Bitcoin ETFs ended a 10-trading-day inflow streak with a $347 million net outflow on May 29, with BlackRock’s fund the only product to see a net inflow.
Panama City mayor says canal should give Bitcoin-paying ships faster access [cointelegraph]
Panama should allow ships wanting to transit the Panama Canal to skip the line if they pay in Bitcoin, says Panama City Mayor Mayer Mizrachi.
Crypto staking on proof-of-stake blockchains not a security: SEC staff [cointelegraph]
SEC Commissioner Hester Peirce has backed the guidance, saying it gives clarity to stakers, while her peer Caroline Crenshaw claims it ignores existing laws.
Pi Network sheds 15% in a week, technical indicators show price could drop further [btcmanager]
Pi Network is trading at $0.6894 at the time of writing, marking a 6% daily loss and a 15% slide over the past 7 days. After reaching a peak of almost $3 in February, Pi Coin (PI) has now dropped…
China’s Webus International eyes $300M raise for XRP strategic reserve [btcmanager]
China’s Webus International revealed plans to raise up to $300 million through non-equity financing to create a strategic XRP reserve supporting its cross-border payments infrastructure. In a May 29 press release, The Nasdaq-listed AI-powered mobility company said the initiative is…