Binance cites 7 instances of FUD in Chinese blog post
Binance, the biggest cryptocurrency exchange in the world, cited seven instances of Fear, Uncertainty, and Doubt (FUD) in a recent blog post written in Chinese. Binance issued a blog post in Chinese on December 22 that clarified seven important points. There was no English-language version accessible at the time this article was written. The temporary […]
G-Rocket to attract 1,000 Web3 start-ups over 3 years
Hong Kong legislator firm G-Rocket is aiming to attract 1,000 Web3 start-ups to the city-state and will help them with necessary funding over the next three years. JonnyNg Kit-Chong, a member of the Hong Kong Legislative Council, is a co-founder of a start-up accelerator that aims to lure 1,000 Web3 companies to the city-state over […]
SEC and Ripple file motions to seal specific documents
The SEC and Ripple Labs Inc. have filed motions to seal non-public documents in connection with the motions for summary judgment. According to the court calendar, both the SEC and the defendants have submitted motions asking the court to seal certain documents in connection with the motions for summary judgment. The Defendants sought to keep […]
SEC considers FTT to be a security
FTT, the native token of the now-defunct cryptocurrency exchange FTX, has been categorized as a security by the U.S. SEC in a recent complaint. The SEC said in a complaint filed late Wednesday that FTX’s exchange token FTT was promoted as an investment contract and thus is a “security.” According to the regulatory watchdog, FTT […]
Sam Bankman-Fried released after signing $250 million bond
Former FTX CEO, Sam Bankman-Fried, will be held at home while awaiting trial in the US on allegations of defrauding clients and investors of the bankrupt cryptocurrency exchange. A US judge ruled that the Former FTX CEO, Sam Bankman-Fried , could be released to his parents after signing a $250 million bond. Bankman-Fried did neither […]