Former SEC Official Urges Asset Withdrawals from Crypto Platforms
Cryptocurrency exchanges face a long battle with the SEC, with clients urged to withdraw from using them immediately, according to former agency lawyer John Reed Stark.All about cryptocurrency exchanges - latest news and analysis. Review and comparison of key cryptocurrency exchanges.
Former SEC Official Urges Asset Withdrawals from Crypto Platforms
Cryptocurrency exchanges face a long battle with the SEC, with clients urged to withdraw from using them immediately, according to former agency lawyer John Reed Stark.
OKX burns OKB tokens worth $258 million
The cryptocurrency exchange OKX conducted its twentieth buy-back and burn of native tokens. The platform removed almost 5.5 million OKB from circulation, worth about $258 million (based on the 90-day moving average).
Binance.US to suspend USD deposits
The American unit of the cryptocurrency exchange Binance announced the suspension of USD deposits and urged clients to withdraw fiat funds by June 13 via the ACH system.
Coinbase says it will not change its business model amid an SEC lawsuit
The bitcoin exchange Coinbase does not plan to stop offering services or adjust its listings in response to the SEC's claims, according to management.
Coinbase shares fall 9.1% after SEC suit against Binance
Coinbase shares finished trading on June 5 down 9.1%. The market reacted to the SEC's lawsuit against rival Binance and its CEO Changpeng Zhao.
Gate.io threatens crypto-community members with legal action over bankruptcy rumours
Gate.io threatened to sue community representatives for spreading unverified information about a possible bankruptcy of the cryptocurrency exchange.
OSL seeks extension of Hong Kong regulator’s license
The Hong Kong-based regulated Bitcoin exchange OSL has filed with the SFC for an extension of its current license to operate the platform for trading digital assets.
DIFX to Award Up to $500 to CIS Users
DIFX will award CIS clients points to cover fees up to the equivalent of $500.
Activity on cryptocurrency exchanges falls to the lowest since October 2020
Trading volumes on centralized cryptocurrency exchanges in May fell to the lowest level since October 2020, around $424 billion.
Media reports of Binance layoffs
The bitcoin exchange Binance has begun layoffs. The share of laid-off staff is reportedly 20%, according to reporter Colin Wu citing his own sources.We use cookies to improve the quality of our service.
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