Binance CEO Rejects SEC Allegation on Ceffu Wallet Provider
Binance CEO Changpeng Zhao has refuted SEC suspicions that wallet provider Ceffu is linked to Binance’s BAM, stating Binance.US never used Ceffu or Binance Custody.
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Balancer Frontend Under Attack, $238K in Crypto Stolen
Decentralized finance protocol Balancer is warning users to steer clear of its website after an attack on its frontend interface.
Grayscale Seeks Regulator Approval for Ethereum Futures ETF
Grayscale has applied to the SEC for an Ethereum futures ETF, separate from its pending Bitcoin spot ETF. This comes after Grayscale won a court case against the SEC regarding its Bitcoin trust conversion.
Stanford University to Return Millions of FTX Donation
Stanford University is returning gifts allegedly worth millions of dollars to FTX, a cryptocurrency exchange, after Joseph Bankman and Barbara Fried, parents of FTX founder Sam Bankman-Fried, who are accused of misappropriating the funds, including donations intended for Stanford University, are sued by the FTX group.
Discord Crypto Trading Bot Shuts Down After ‘Critical Exploit’
Popular crypto/NFT trading bot None Trading has ceased operations after a ‘critical exploit’, leading to significant financial losses. Its NONE token plunged 80%.
Zodia Custody Announces Crypto Staking Service for Institutions
UK bank Standard Chartered’s crypto arm Zodia Custody has partnered with OpenEden to provide institutional investors with yield opportunities on their crypto holdings.
More Crypto Probes, Charges Ahead for Exchanges, SEC Warns
SEC’s Crypto Chief warns of increased investigations and charges in the crypto industry, targeting intermediaries and decentralized finance projects, highlighting the SEC’s commitment to regulatory compliance in the evolving crypto landscape.
Thailand Taxes Overseas Crypto Earnings
Thailand is closing a tax loophole that allowed residents to avoid taxes on foreign crypto earnings, as part of efforts to fund economic stimulus measures.
Bitcoin Miners Go Green with Renewables to Cut Costs
Bitcoin mining companies like Riot Blockchain and Sabre56 are tapping low-cost renewable energy sources like wind, solar, and hydro to slash electricity costs and operate more sustainably.
Philippine SEC Collaborates with US Counterpart to Combat Crypto Fraud
The Philippine SEC is collaborating with the US SEC and the Asian Development Bank to strengthen its capabilities in investigating and preventing crypto-related fraud and financial crimes.