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Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
The debanking of Binance.US is Operation Chokepoint in action, said the exchange’s interim CEO Norman Reed.
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Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures
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Is Bitcoin Bottom In? BTC’s Price Action is Inverse of December Peak Above $108K
BTC’s latest price action seems to contrast sharply with the uptrend exhaustion observed at record highs above $108K in mid-December.
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Sony’s Layer-2 Blockchain “Soneium” Goes Live
The 78-year-old technology giant is the latest big name company to release a blockchain using Optimism’s OP Stack.
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MoonPay Buys Crypto Payment Processor Helio for $175M
MoonPay’s acquisition of Helio is reportedly valued at $175 million.
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U.S. Judges Demand SEC ‘Explain Itself’ for Rebuffing Requests for Crypto Rules
In another 11th-hour court loss for Chair Gary Gensler’s tenure, judges in a Coinbase case again call the SEC’s crypto position “arbitrary and capricious.”
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Chainalysis Buys Israeli Fraud Detection Startup Alterya for $150M
Alterya’s AI driven fraud models have “substantial opportunities in the traditional market.”
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Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.
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U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he’s critical of the FDIC’s digital assets stance.
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Jamie Dimon Still Sees ‘No Value’ in Bitcoin
The crypto’s main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.