A U.S. court has issued a ruling against Binance, the cryptocurrency exchange, and its former CEO Changpeng "CZ" Zhao, resulting in Binance paying $2.7 billion and CZ paying $150 million to the Commodity Futures Trading Commission (CFTC).Continue Reading
Coinbase persists in its pursuit of robust cryptocurrency legislation, particularly regarding its classification as securities. Despite the United States Securities and Exchange Commission's rejection of Coinbase's rulemaking petition concerning cryptocurrency on December 15, the exchange swiftly appealed this decision. Continue Reading
The bankrupt FTX cryptocurrency exchange's debtors have submitted a revised Chapter 11 reorganisation proposal, suggesting that the worth of customer asset claims will be retrospectively determined from the moment the exchange collapsed in November 2022.Continue Reading
Multiple decentralised applications (DApps) using Ledger's connector, like Zapper, SushiSwap, Phantom, Balancer, and Revoke.cash, faced a breach on Dec. 14. Ledger swiftly rectified the compromise, replacing the malicious file with the authentic version about three hours later.Continue Reading
Crypto firms and institutions holding digital assets will gain a more accurate depiction of their asset values due to updated accounting regulations in the United States.Continue Reading
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