CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry. NEWS
Binance ecosystem
Cryptonews Deals
GameStop fires CEO Matt Furlong months after axing crypto push
The executive, once instrumental to the company’s NFT efforts, was “terminated” amid lackluster Q1 earnings. NEWS GameStop has fired its
Binance ecosystem
Binance plans new round of layoffs amid increased regulatory scrutiny
Binance’s chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting
Binance ecosystem
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. NEWS The United States Securities and
Binance ecosystem
Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s motion “unwarranted.” NEWS Crypto exchange
Binance ecosystem
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. NEWS The
Technology News
Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model
The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model. NEWS
Technology News
Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report
While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications. NEWS
Bitcoin News
Bitcoin OG keeps faith in bull market as BTC price bounces 8%
Bitcoin snaps back into its classic trading range, but BTC price has yet to reclaim a key level above $27,000.
Finance News
US Financial Services Committee sets date to discuss future of crypto
The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing