🟠 CZ: “Although we maintain that the SEC's request for emergency relief was entirely unwarranted, we are pleased that the disagreement over this request was resolved on mutually acceptable terms.”
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🟠 Binance to lose access to Binance US's cryptocurrency under proposed SEC deal.
According to the proposed agreement, Binance US will prevent any Binance Holdings officials from accessing private keys tied to client wallets as well as Binance US’s cloud infrastructure. In the next few weeks, Binance US expects to share information pertaining to the costs of these efforts.
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🇳🇱🟠 Binance shuts down operations in Netherlands.
Binance, the world’s largest cryptocurrency exchange, is leaving the Netherlands, after failing persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines.
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🇺🇸 CoinEx to leave U.S. after settling New York lawsuit — link | archive
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🇭🇰 HSBC and SCB pressured by Hong Kong to onboard crypto clients faster — link | archive
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🇺🇸🔵 SEC now promises to respond to Coinbase petition for U.S. crypto regulation rules within 4 months.
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🟠 Binance.US urged a federal judge to reject a Securities and Exchange Commission request to freeze billions of dollars of assets on the cryptocurrency exchange during a legal fight with the regulator.
—link
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🪙 Tether has minted 1 billion USDT tokens on the Ethereum blockchain.
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🟠⚫️ Venus Protocol faces liquidation of a $150M BNB loan position belonging to hackers.
Venus Protocol, a lending platform on BNB Chain, is facing a potential liquidation of a $150M $BNB loan position belonging to hackers. In October 2022 a group of hackers executed a massive hack on the BNB Chain, resulting in the loss of an estimated $120M to $150M in assets. Exploiting the stolen $BNB, the attacker leveraged Venus to borrow $150M worth of stablecoins with a sizeable position of 900,000 $BNB (~$210M).
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🇺🇸 SEC Secures Emergency Relief to Protect Binance.US Customers’ Assets —link
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⚡️Has BlackRock Found The Magic Formula For SEC Approval?
They have included a surveillance-sharing agreement in the application, which helps eliminate the risk of market manipulation related to Bitcoin
👉🏻 Their record of getting ETFs approved is 575-1 ❗️
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🇫🇷 Binance Under Investigation in France, Accused of 'Aggravated' Money Laundering —link
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🤯BlackRock’s Billion-Dollar Bet: World’s Largest Asset Manager’s Massive Bitcoin Investment Shift👇👇
https://theblockopedia.com/blackrocks-billion-dollar-bet-worlds-largest-asset-managers-massive-bitcoin-investment-shift/?utm_source=telegram+&utm_medium=%40AdamCWN&utm_campaign=Ria+
🟠 Celsius Network opens door to swap altcoins for Bitcoin and Ethereum — link
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🚨BlackRock And Big US Banks Buying Up Crypto at Record Levels
🚓 All of this is happening while Binance and others are being attacked by the SEC.
💰These banks are buying into MicroStrategy stock, while MicroStrategy is one of the largest holders of Bitcoin.
💸 BlackRock and Bank of America both hold large stakes in MicroStrategy.
📈 Standard Chartered Bank has predicted BTC will hit $100k in 2024.
🏦 So while banks play down the credibility of Bitcoin, and snub it as a fake economy, they are actually buying it in large amounts.
➡️ @CryptoMagazine
🆘 Hashflow faces ongoing exploit, with $600,000 lost so far: PeckShield —link
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🇺🇸 Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday —link
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🚨 North Korea's Lazarus Group reemerges with new $100 million crypto hack — link
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🇺🇸 eToro to ban US users from opening new positions in certain crypto tokens following SEC lawsuits.
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📣 BlockFi says customer withdrawals could start this summer — link
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🇬🇧 Andreessen Horowitz is planning to open its first international office in London.
a16z said that it had led a $43 million investment round in UK-based blockchain AI project Gensyn and that it plans to locate its accelerator program for crypto companies in the British capital next year.
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