News

Robinhood, a popular cryptocurrency and stock trading app, recently announced its decision to discontinue support for Cardano, Polygon, and Solana, which have been labeled as unregistered securities by the United States Securities and Exchange Commission (SEC). The move came in light of the SEC’s legal actions against two major crypto exchanges, Coinbase and Binance. In

Bitget, a cryptocurrency exchange, has witnessed a significant increase in its user base and deposits in Latin America following the legal actions taken against major competitors Binance and Coinbase by United States regulators. According to a spokesperson from Bitget, the number of new users in the region surged by 43% between June 6 and June

Crypto.com, a Singapore-based cryptocurrency exchange, has announced that it will discontinue its institutional services for clients in the United States starting June 21. The decision comes in response to limited demand for institutional-grade services, particularly in current market conditions. The exchange has already informed its institutional users in advance about the suspension of the service.

The House committee is expected to consider the draft bill, which may become the first cryptocurrency law in the United States, on June 13. The draft bill, titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem,” was released by the US House Financial Services Committee, specifically by its chair, Representative Patrick

Crypto venture firm Paradigm has criticized the attempt by the United States Securities and Exchange Commission (SEC) to redefine the term “exchange” in a way that would subject decentralized exchanges (DEXes) to its oversight. In a 14-page letter sent to the SEC secretary, Paradigm expressed its concerns about the regulator’s proposed revision of the 1934

Bitcoin’s behavior regarding the 200-week moving average at $26,500 has left the market uncertain. As Wall Street opened on June 8, Bitcoin experienced reduced volatility while market participants awaited signals. Data from Cointelegraph Markets Pro and TradingView revealed that BTC/USD was hovering around a significant long-term trend line near the $26,500 mark. After experiencing brief

At the time of publication, stablecoins like USDT and USDC were being traded at prices 3 to 4% higher than their intended value. Several cryptocurrencies listed on Binance.US, the American arm of the cryptocurrency exchange Binance, started deviating from their fair market value and were being traded at premiums. For example, Bitcoin and Ether were

The United States district court in Washington, D.C., issued a summons for Changpeng Zhao (CZ), the CEO of Binance, following the Securities and Exchange Commission’s (SEC) lawsuit against the exchange for allegedly engaging in unregistered securities operations. The summons stated that CZ’s current residential address is in Malta, a Mediterranean island nation. The summons, seen

Coinbase CEO Brian Armstrong has publicly addressed the lawsuit filed by the United States Securities and Exchange Commission (SEC) against his company through a social media post. Armstrong expressed that the team is “confident in our facts and the law” and is looking forward to the opportunity “to finally get some clarity around crypto rules”

Google Cloud has introduced a series of free online courses aimed at educating individuals on the fundamentals of generative artificial intelligence (AI) systems and providing an introduction to the Generative AI Studio development environment. These courses are designed to meet the growing demand for knowledge and skills in the field of generative AI, which has