Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations

Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, according to a filing on Monday. The company, Zhao, Lim are being sued for allegedly breaking trading and derivatives rules. The exchange has never registered with […]

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Avalanche wants to digitize all of the world’s assets on the blockchain

Avalanche wants to digitize all of the world’s assets on the blockchain

Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Emin Gün Sirer, the founder and CEO of Ava Labs. Ava Labs has raised a total of about $640 million, […]

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Binance.US to buy Voyager Digital’s assets for $1 billion

Crypto giant Binance temporarily suspends withdrawals and spot trading

Binance has temporarily suspended all spot trading, deposits and withdrawals on the world’s largest crypto exchange citing an “issue” that it’s working to resolve. “Initial analysis indicates matching engine encountered a bug on a trailing stop order (a weird one),” Binance founder and chief executive Changpeng Zhao said in a tweet, adding that the firm […]

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South Korea issues arrest warrant for Luna founder Do Kwon

SEC clamps down on Coinbase and Tron, while Do Kwon is arrested overseas

To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. It was a big week in the crypto world as the U.S. Securities and Exchange Commission clamped down on major crypto companies like Coinbase and Tron […]

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What does the SEC’s warning shot at crypto mean?

SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) over […]

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Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […]

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Seed Club Ventures emerges from stealth with $25M fund focused on DAOs

Seed Club Ventures emerges from stealth with $25M fund focused on DAOs

Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders at the intersection of builders and culture with three areas: an accelerator, a community of members and now the venture arm,” said […]

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