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Cryptocurrency News

Location American Cryptocurrency News for 9 June 2023
First Mover Americas: Binance.US Suspends Dollar Deposits The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Circle USDC-Issuer Taps Ex-Regulator as Chief Legal Officer in Regulatory Push Circle, the US-based company behind the stablecoin USDC, has tapped former Commodity Futures Trading Commission (CFTC) chair Heath Tarbert as its new Chief Legal Officer as it pushes for more regulatory clarity in the US...
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Vitalik Buterin's Shiba Inu Donations to Power New Round of India Covid Relief Funds Buterin said the new donation would work toward reducing the long-term impact of coronavirus.
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Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges 'Complete Contempt for Congress' Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator's latest action against crypto exchange Coinbase "demons...
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SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked 'Fair Notice,' Affirms 'Majority' of Tokens Are Securities U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypt...
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Binance humilated, HK needs 100K crypto workers, China's AI unicorn: Asia Express Hong Kong needs 100K crypto people STAT, AliExpress' NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days.
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Ethereum's Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security In his blog post, Buterin shares that the network needs to address these components simultaneously, otherwise the blockchain fails.
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SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.
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US CFTC Wins Precedent Setting Case Against Ooki DAO, Calling It a 'Wake-Up Call' A US district judge ruled in favor of the US Commodity Futures Trading Commission in its litigation against Ooki DAO -- which could have further implications for other decentralized autonomous organizations. Judge Willia...
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Cardano Price Prediction as Research and Development Firm Input Output Responds to SEC's Claims that ADA is a Unregistered Security - What Happens Next? It's been an ugly few days for ADA, the cryptocurrency that powers the Cardano blockchain, a decentralized smart-contract-enabled layer-1 protocol. ADA dropped another near 7% on Friday to hit $0.30 per token and is eyei...
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US Justice Department charges two men in Mt. Gox Hack

Coin Telegraph - 9 Jun 2023 22:30
US Justice Department charges two men in Mt. Gox Hack The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.
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Where the Mt. Gox Money Went: New Details in the BTC-e Exchange Case Fresh court documents detail how two administrators of the now-defunct BTC-e exchange stole and laundered bitcoin from Mt.Gox, the hacked bitcoin exchange.
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Binance's BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits In trading, timing is everything and it appears that some traders put in well-timed sell orders for BNB, ahead of the massive SEC crackdown against crypto exchange Binance on June 5.
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Lens Protocol Raises $15 Million to Augment Decentralized Social Media - Next Twitter Competitor? Aave's Lens Protocol, a social layer for web3, has raised $15 million in funding to develop decentralized blockchain-backed social media. According to a June 8 blog post, IDEO CoLab Ventures led the funding round alongsi...
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Polygon Price is Going to Zero as the SEC Begins Clamp Down on Crypto Industry but Sustainable Coin Ecoterra Just Raised $4.9 Million - What Does it Do? It's been a disastrous week for Polygon. The Ethereum layer-2 scaling solution's native MATIC token has shed nearly 20% of its value since the weekly open, tanking from the upper $0.80s to the low-$0.70s....
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Two Russians Charged for Infiltrating Mt Gox and Operating Illicit Crypto Exchange, BTC-e In a statement issued on Friday, the U.S. Department of Justice (DOJ) revealed that two Russian individuals have been accused of infiltrating a cryptocurrency exchange and running an unlawful exchange. Reportedly, the pa...
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SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits The Solana network's native token SOL is "not a security," despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said. Commenting on the regulatory status of its token to Coin...
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Bitcoin Price Prediction as Bulls Push BTC Up From Recent Bottom at $26,200 - Where is BTC Heading Next? Bitcoin, the leading cryptocurrency, experienced a recent dip that saw its price reach a bottom at $26,200. However, a surge of bullish activity has propelled BTC back up, raising questions about its future trajectory. T...
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The Memecoin Grift and How It Threatens Ethereum Culture If Ethereum is to grow it'll have to mature beyond the antics of those shilling the token-of-the-moment, says Paul Dylan-Ennis.
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Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services The move is a "culmination of over two years of effort," according to Strike CEO and cofounder Jack Mallers.
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Berenberg Capital Adjusts Coinbase Price Target in Response to SEC Lawsuit According to a research report by Berenberg Capital, investment bank analyst Mark Palmer believes that Coinbase shares are currently deemed "uninvestable" in the short term due to the ongoing lawsuit filed by the Securit...
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Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
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