Business
Binance and its CEO filed a joint motion to dismiss the lawsuit, alleging the securities regulator overstepped its authority.
Bitcoin
BTC and most major altcoins spent Thursday in the red, joining equities in a swoon as investors worried over the prospect of at least one more Federal Reserve rate hike.
The studio and blockchain tech startup is led by one of the co-creators of FarmVille.
The USDT issuer, which announced plans to wind down lending last year, showed an increase in lending in a quarterly report.
The Trustee for the defunct crypto exchange had delayed the deadline for repayments by one year.
DeFi
The foundation behind the Layer 2 blockchain said the sale of 116 million OP tokens was for “treasury management purposes.”
Regulation
As Sam Bankman-Fried prepares to have his day in court, a new suit filed Monday suggests that his parents encouraged – and even actively organized – fraudulent activity at FTX.
The startup, which creates a decentralized market for information, will use the capital to further the development of its protocol.
Crypto market observers had widely expected the U.S. central bank not to raise the interest rate and that digital asset prices would not move much.
The US dollar-pegged stablecoin PayPal USD, launched last month, is now listed and available for spot trading on the Dubai-based exchange.
