Binance
SEC Fires Back at Binance's Motion to Dismiss its Lawsuit in New Filing
Binance's efforts to dismiss a U.S. Securities and Exchange Commission (SEC) lawsuit do not have a basis in the law, the federal regulator said in a filing Wednesday. This comes after the SEC first sued Binance in June, a day before suing Coinbase, arguing both companies offered unregistered securities to the investing public. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De gives the latest update.
Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says
The SEC pushed back against Binance's motion to dismiss its lawsuit in a new filing.
Binance Unveils Self-Custody Wallet; HSBC to Start a Custody Service for Tokenized Securities
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including new details about Binance's self-custody Web3 wallet. OpenSea's valuation was reportedly slashed by 90% from an investor. HSBC plans to start a custody service of tokenized securities for institutional clients. And, new data shows the rate of new cryptocurrency creation has dropped to a three-year low.
Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet
Binance acquired Trust Wallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Users can download and access the wallet through Binance's app.
CME Is Now the Second-Largest Bitcoin Futures Exchange: Coinglass
The Chicago Mercantile Exchange (CME) is now the second-largest bitcoin futures exchange, with only Binance holding a greater market share, according to data from Coinglass. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss, as some observers believe that the recent rally in the crypto market is institutionally led.
CME on the Cusp of Replacing Binance as Top Bitcoin Futures Exchange
With a notional open interest (OI) of $3.54 billion, CME is now the second-largest bitcoin futures exchange.
Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Sam Bankman-Fried's testimony as he takes the stand in front of jurors during his criminal trial. Bloomberg reports on the change in Binance founder CZ's net worth during crypto winter. Plus, users of the hi debit Mastercard can now spend Metaverse platform Sandbox’s SAND token in eligible markets.
Binance Founder CZ's Wealth Falls About $12B as Trading Revenue Slumps: Bloomberg
Changpeng Zhao's wealth dropped to $17.2 billion as trading revenue declined.
U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas
Sen. Cynthia Lummis and Rep. French Hill have been notable advocates in Congress for reasonable regulation of crypto.
