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The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, saying investors’ funds are at risk. In the filing entered on June 5, the regulators claim that the defendants, including Binance CEO Changpeng Zhao and Binance Holdings Ltd., “have enriched themselves by billions of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The decentralized cross-chain protocol Multichain is grappling with severe transaction delays, causing its native token, MULTI, to plummet 29.4%, even as the team works on a resolution and reassures users of the safety of their
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to a recent analysis by Messari, the XRP Ledger (XRPL) has had a productive first quarter of 2023. The number of daily active addresses and transactions has increased by 13.9% and 10.7%, respectively, all of which
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The United States government faces a “significant risk” of no longer being able to meet all of its financial obligations as early as June, as per a recent report.According to a May 12 report published by the U.S. Congressional Budget Office (CBO), the risk of the U.S. government defaulting on
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The Congressional Budget Office (CBO) has stressed that “there is a significant risk that the Treasury will run out of funds at some point in the first two weeks of June” if the debt ceiling is not raised or suspended. The CBO’s projection is in line with the estimate by
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Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant, hard to predict, and likely lasting effects on investors, issuers, and markets alike.” Gensler stressed: “We’ve already seen an effect in the pricing and liquidity of short-dated
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Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors.In an April 14 announcement, HashKey cited “significant demand from investors to access virtual assets” as the reason for its move into the wealth management space.Deng Chao, the CEO of the
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Leading digital asset Bitcoin hit $30K for the first time in almost a year amid prevalent gains in crypto stocks. Crypto stocks are rising, with players Marathon Digital Holdings (NASDAQ: MARA) and Riot Platforms (NASDAQ: RIOT) leading gains. The duo is trading up at 11% and 15%, respectively, with prominent coin
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Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class in Sri Lanka.” Sri Lanka’s Crypto Warning The Central Bank of Sri Lanka
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The Information Commissioner’s Office (ICO) has announced a new approach to prioritise complaints made under the Freedom of Information Act (FOIA) where there is significant public interest. As part of the ICO’s efforts to improve its FOI services, the
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