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Binance’s U.S. Exchange Bucks SEC’s Document Requests Amid Investigation

BAM’s lawyers, however, alleged those requests were “unduly burdensome,” forcing BAM to take on “significant expense[s],” according to the filing. In addition, some of the documents are either not in the exchange’s possession or fall “outside the scope” of what is pertinent to the SEC’s investigation, the lawyers alleged. Source

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XRP bucks trend as crypto assets experience 4th straight week of outflows

Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks. Bitcoin (BTC) experienced the bulk of activity last week, with its $68.9 million in outflows offset by Short Bitcoin inflows in the amount of $15.2 million

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BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

The Binance-native blockchain BNB Chain has continued to show steady activity growth in the fourth quarter of 2022 despite the broader crypto bear market according to recent research.In a “State of BNB Chain Q4 2022” report published on Feb. 5, Messari researcher James Trautman revealed that the Binance network had continued

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Cosmos’ ATOM Gains, Bucks Post-Merge Lull on Outlook for New Uses, Better Security

According to Emperor Osmo, a writer from Cosmos-based automated market maker Osmosis, interchain security could lead to reduced supply of ATOM, as stakers will receive multiple staking rewards from every chain using the share security feature. That, in turn, could boost staking, sucking out coins from the market. Source

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