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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
📣 Crypto exchange Bittrex’s customer-repayment plan faces U.S. government objection — link
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🟠 SEC claimed Binance and Binance US redirected over $12B in customer assets to firms controlled by CZ.
SEC has accused Binance and BinanceUS $BNB of redirecting over $12B in customer assets to investment funds controlled by CZ between 2019 and 2021. Most of the funds went to Merit Peak, a personal proprietary firm of Zhao’s. The SEC also has documents from a Binanсe US auditor raising concerns that the American affiliate might not be fully collateralized due to Binance holding the American affiliate’s crypto assets.
The fresh SEC allegations come as supporting evidence in a request by the agency to a federal judge to place a temporary freeze on assets, beyond customer redemptions, at BinanсeUS. The SEC also wants a judge to freeze Binance and Zhao's assets.
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🚨 Binance.US Lost $181 Million Last Year, Court Filings Show. -link
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🇸🇬🔵 Circle (USDC) gains Major Payment Institution license in Singapore.
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📣 Citi alum Matt Zhang’s Hivemind launches $300 million crypto fund — link | archive
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🔵 MakerDAO transferred $500 million to Coinbase Custody for 2.6% APY in line with proposal.
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🪙 Tether invests in startup that's building a bitcoin mine in El Salvador -Link
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🇲🇪Do Kwon's $428K bail request in fake passport case approved by Montenegro court — link
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👇👇Net Bitcoin ATMs See Surge in Usage After 4 Months of Global 🗺Slump
https://theblockopedia.com/net-bitcoin-atms-see-surge-in-usage-after-4-months-of-global-slump/?utm_source=telegram+&utm_medium=AdamCWN&utm_campaign=traffic+
🥇 Gold can't win. Bitcoin can't lose.
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⚠️ Reports of Atomic Wallet being compromised.
A non-custodial wallet Atomic Wallet has been compromised today. The team behind Atomic Wallet is investigating some cases of wallet breaches. According to the wallet’s website it had over 5 million downloads.
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Crypto exchanges post $307 billion in volume for May, lowest since Nov. 2020. -Link
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🪙 Uniswap Community Chaos In Voting For LPs Fee Plan With 45% Against -Link
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🪙 Elon Musk Faces New Lawsuit Alleging Dogecoin Manipulation -Link
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🇭🇰 Hong Kong opens crypto exchange licensing ahead of retail trading — link
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🔵 Brian Armstrong sold 29,730 Coinbase shares on June 5, worth around $1.8M.
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🟠 Binance lawyers allege SEC Chair Gensler offered to serve as advisor to crypto company in 2019 — link
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📣 Cathie Wood's ARK Invest once again bought roughly $21.64 million worth of Coinbase stock.
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🇺🇸 Gary Gensler says 'we don't need more digital currency' after Coinbase, Binance lawsuits — link
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🏦 SEC charges Coinbase for operating as an unregistered securities exchange, broker, and clearing agency. -Link
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🟠⚠️ Binance's Response to the SEC Lawsuit!
▫️ Instead of reaching a peaceful agreement, the SEC has declined this process and decided to unilaterally take legal action.
▫️ We, along with participants in the U.S. digital asset market, stand against the recent abuses by the SEC and are prepared to fight them to the fullest extent of the law.
▫️ Any claims that user assets on the Binance US platform have ever been at risk are simply incorrect.
▫️ All user assets on Binance and partner platforms are secure, and we will staunchly defend ourselves against any accusations.
▫️ The actions of the SEC undermine America's role as a global center for financial innovation and leadership.
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🇺🇸🟠 SEC sues Binance and CZ for reportedly breaking US securities rules.
Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US rules, according a federal court filing by the Securities and Exchange Commission.
👉🏻 BNB Dumped 6% 📉
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Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service.
The firm previously said it was investigating and analyzing the attack. It had not released specifics of the attacks as of Monday morning.
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🏦 Gate threatens legal action against those who spread rumors about its bankruptcy.
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⚡️ Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches — link
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💰 Bitcoin halving is 330 days away.
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📣 Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi -Link
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🇺🇸 U.S. Commodities Agency may change risk rules to consider crypto — link
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🟠 Binance has completed the integration of Tether (USDT) on the Arbitrum One and Optimism networks.
Deposits for Tether (USDT) are now open on both networks. Binance will open withdrawals for Tether (USDT) on the Arbitrum One and Optimism networks once there are sufficient deposits, and will not notify users in a further announcement. —link
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⏺ Floki has launched a strategic marketing partnership with Binance Pay.
The campaign will boost adoption for $FLOKI through a strategic marketing campaign with Binance Pay that rewards users who purchase at least $1 worth of goods from eligible Binance Marketplace merchants.
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